Cement News tagged: International

9MFY18-19 APCMA data depicts gloomy results in northern Pakistan

05 April 2019, Published under Cement News

Pakistan's cement industry showed poor performance during the first nine months of current financial year July 2018-March 2019. All Pakistan Cement Manufacturers Association (APCMA) pictured a gloomy situation in its monthly report, stating that cement sector with its huge underused capacities continued to face a lack of domestic demand due to slowing growth, lower development spending and del...

Argentina’s cement demand declines 14% in March

04 April 2019, Published under Cement News

Cement demand in Argentina has fallen 13.8 per cent YoY to 940,112t in March 2019 when compared  with 1,091,122t in March 2018, according to the country’s cement association, AFCP. However, MoM consumption edged up 2.1 per cent. Market needs were entirely supplied by domestic producers as imports fell from 17,290t in March 2018 to zero, continuing the trend of the first two months of 2019. ...

Simba Cement plans construction of new plant

04 April 2019, Published under Cement News

After receiving approval to acquire Cemtech Ltd , Tanzania’s Simba Cement has announced plans to construct the Ortum Cement project that Cemtech had struggled to get off the ground. The project in West Pokot County, Kenya, was due to start in 2010. However, due to the recent developments, work is now expected to begin within a year. Construction is scheduled to take 18 months to complete. ...

Cement producers assess damage after major storm hits Nepal

04 April 2019, Published under Cement News

A number of factories in the Birgunj industrial corridor have reported damages after a major storm hit the districts of Bara and Parsa, Nepal, on Sunday evening. Rungta Group, Kalash Cement and Chachan Group are the companies that faced the worst impact, according to Subodh Gupta, senior vice chair of the Birgunj Chamber of Commerce and Industries. Trishakti Cement, part of Chachan Group, ha...

Moroccan cement demand advances 14% in March

Moroccan cement demand advances 14% in March

03 April 2019, Published under Cement News

Morocco’s cement market expanded by 13.7 per cent to 1,278,216t in March 2019 when compared with 1,124,152t in March 2018, according to the country's Ministry of Urbanisation and Housing. In the first quarter of 2019, cement demand increased 7.8 per cent YoY to 3,567,943t from 3,308,935t in 1Q18.

US Portland and blended cement shipments slip 1% in December

02 April 2019, Published under Cement News

Total shipments of Portland and blended cement in the USA reached 6.176Mt in December 2018, according to the latest data from the US Geological Survey (USGS). When compared with a volume of 6.244Mt in December 2017, this represents a 1.1 per cent YoY decrease. The leading cement-consuming states were Texas, California, Florida, Ohio and New York, which accounted for 44 per cent of the Decemb...

Bangladesh cement industry growing with good pace

Bangladesh cement industry growing with good pace

02 April 2019, Published under Cement News

Cement production in Bangladesh has increased at a healthy rate in the last few years, according to a report by a local cement company. In FY2017-18 domestic output grew 9.4 per cent YoY to 28.43Mt while the year prior it expanded by 10.2 per cent YoY to 26.03Mt. The report adds that the cement industry in Bangladesh is playing a very important role in the development of physical infrastruct...

A review of 9MFY19 performance of Pakistan’s cement industry

02 April 2019, Published under Cement News

IGI Securities has reviewed the performance of Pakistan's cement industry for the first nine months of FY18-19 (July 2018-March 2019). Provisional numbers show that cement dispatches for March 2019 declined by 12 per cent YoY to 4.11Mt. On a cumulative basis, this brings 9MFY18-19 total dispatches to 34.19Mt as against 34.76Mt, recorded in the same period last year, marking a fall of two per c...

Colombian cement demand up 2% in February

03 April 2019, Published under Cement News

Colombia's cement market expanded by 2.1 per cent YoY in February 2019 as cement producers supplied 0.981Mt of cement, according to DANE, the country's statistics office. Cement production increased 3.1 per cent to 0.985Mt in February 2019. January-February 2019 In the first two months of 2019 domestic dispatches advanced 1.6 per cent YoY to 1.899Mt while output was up 2.7 per cent to 1.913...

Licence for cement plant project revoked in Lebanon

01 April 2019, Published under Cement News

Lebanon’s Industry Minister, Wael Abu Faour, has revoked the licence of a cement plant planned for Ain Dara, Aley district. The decision comes after a protest by local residents last month, who disputed the project for environmental reasons. In response to the protest, Pierre Fattoush, project owner, had said that Al Arz Cement Co had been issued the licence in compliance with the law and th...

Nepal's operational capacity enough to meet demand for 10 years

01 April 2019, Published under Cement News

Nepalese cement manufacturers are reportedly discouraging fresh investment into new domestic production capacity, as supply is now more than adequate to meet demand. "Cement produced by the industries currently in operation is adequate to meet the demand for the next 10 years," said Dhruba Raj Thapa, president of the Cement Manufacturers' Association of Nepal (CMAN), in an interview with Ne...

US market improves in the 11M18

01 April 2019, Published under Cement News

Total Portland and blended cement deliveries in the USA and Puerto Rico fell by 5.3 per cent YoY to 7.78Mt in November 2018, according to data by the US Geological Survey (USGS). Texas, California, Florida, Ohio and Illinois were the leading cement-consuming states, receiving 41 per cent of the shipments for the month. Meanwhile, Texas, California, Missouri, Florida and Alabama were the lead...

IME Group plans new NPR10bn plant in Nepal

29 March 2019, Published under Cement News

IME Group, a Nepal-based business conglomerate, has announced plans to invest NPR10bn (US$89.89m) for a cement plant in Chormara, Nawalparasi. "We decided to venture into the cement industry after forecasting the increasing demand for cement in the future," said Chandra Dhakal, chairman. "The demand for cement will exponentially rise in the coming years as the local governments will be focu...

India sees rise in volumes for FY18-19

29 March 2019, Published under Cement News

India's cement industry saw a 13.6 per cent YoY increase in volume to 275.7Mt in the first 10-months of FY18-19, driven largely by rural and affordable housing, according to a report by ICRA. The growth was almost double the seven per cent forecast, however ICRA has stated that the increase is unlikely to translate into profit growth or improved margins due to the lack of any significant price...

New limestone discovery in Zambia attracts cement plant interest

29 March 2019, Published under Cement News

The recent discovery of limestone in Nyimba district, Zambia, is anticipated to attract cement plant investors to the mineral resource-rich district, Eastern Province regional mining survey officer Brian Nyambe has said. An investor has since expressed interest to set up a cement plant in the district. Zambia currently has four integrated and one grinding plant, with a total cement capacity o...

PCA Spring Forecast 2019: US cement consumption growth of 2.3%

28 March 2019, Published under Cement News

The Portland Cement Association (PCA) has released its annual Spring Forecast, which envisions strong to moderate growth for cement consumption through 2019 and into 2020. PCA Market Intelligence expects cement consumption to grow by 2.3 per cent in 2019 compared to the forecast a year ago, this represents a marginal slowing in the pace of growth. "While there are several phenomenon that c...