Cement News tagged: International
New UK cement plant gets green light
A new GBP40m (US$48.8m), 0.5Mta cement plant at Sheerness Docks in Kent, UK, has been given the go ahead. Despite a petition against the plant receiving over 1000 signatures, Kent County Council unanimously approved the plans on 7 December 2022. Councillors assured local residents that noise from the new plant will be closely monitored and the movement of trucks during the night would be re...
Saudi cement sales rise 5% in November
The aggregate sales of 17 Saudi cement producers rose one per cent YoY to 4.8Mt in November 2022, according to Yamama Cement Co ’s data. Locally, nine market players reported sales growth, led by United Cement Co with 110 per cent YoY, followed by Northern Region Cement Co with 54 per cent YoY. Eight cement producers reported lower sales, including Umm Al-Qura Cement Co with a fall of ...
Thailand looks to Philippines for exports
The Philippines government has decided not to extend a tax on imports of cement. The levy on imported cement was first introduced on 22 October 2019 for three years. In the first year the tax was PHP250/t (US$4.5/t), which then fell to PHP245/t in the second year and PHP200/t in the third year. With the tax due to expire on 21 October 2022, the Philippine Tariff Commission began an enquiry ...
Indian cement prices to rise further in December
Cement prices in India are expected to rise by INR10-15/bag (US$0.12-0.18/bag) this month, according to a report by Emkay Global Financial Services Ltd. Since August this year, prices have risen by up to INR16/bag with November alone seeing them advance by INR6-7/bag. While prices remained flat in Western and Central parts of the country, they hardened in Northern, Eastern and Southern regions...
Italian cement output down 4% in September
Italy’s cement production declined by four per cent YoY in September 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value increased from 61 in August to 96 per cent in September. Cement prices remained stable MoM at 189 when compared with the base year of 2015 (=100). However, they saw a 49 per cent increase when compar...
Spanish cement demand slips 0.4% in October
Cement demand in Spain has edged down by 0.4 per cent YoY to 1,264,554t in October 2022, according to the country’s cement association, Oficemen. The fall represents a six-month decline since May. Exports from Spain were down 22 per cent YoY in September, resulting in a 20 per cent drop in the year to date of 20 per cent. Imports decline by 55 per cent YoY on the back of falling domestic c...
European construction outlook revised down for 2023
The outlook for Europe in 2023 remains challenging and unpredictable after a better than expected 2022, according to CIC Market Solutions. Citing recent data from Euroconstruct, the materials, construction and infrastructure sector in the EU-15 plus four Eastern European countries is now expected to expand by just 0.2 per cent next year, but this has been revised down from growth of 2.3 per ce...
Vietnam market expands 5% in October
Cement sales in Vietnam saw a five per cent increase to 5,376,495t in October 2022 when compared with October 2021, according to the Vietnam National Cement Association (VNCA). Of this total VICEM reported a four per cent uptick YoY to 1,805,791t while other VNCA members increased their deliveries at the same rate to 1,200,704t. Vietnam’s other producers saw a five per cent advance YoY to 2,...
Cemex delivers 1Mm3 of Vertua concrete since 2020
Cemex has delivered 1Mm 3 of Vertua ready-mixed concrete in Colombia since the product was launched in 2020, avoiding emissions of around 178,000t of CO 2 . According to Cemex, Vertua has become one of the most accepted lower carbon products in the industry and the company expects it to account for the majority of its cement and concrete sales by 2025. “In 2020, we launched Vertua concr...
CEMEX enhances its digital offering
Five years after the launch of its end-to-end digital commercial platform, CEMEX Go, CEMEX is accelerating its evolution, targeting 100 per cent adoption across business lines and customer segments, and a fully-automated experience with supply chain visibility. Since its launch in November 2017, CEMEX Go has positioned itself as the leading end-to-end multichannel platform for the buildin...
Dangote wins three FMDQ awards
Dangote Industries Ltd and Dangote Cement Plc have picked up three accolades at the FMDQ Gold Awards - ‘Largest Corporate Bond Lodgment on FMDG’, ’Most Trusted Brand of the Year’ and ‘Most Outstanding Conglomerate in Environmental Sustainability.’ According to FMDQ, the awards recognise excellence in the fixed incomes, currencies and derivatives markets. They also recognise resilience and...
Foundation stone laid for Ciment Sahel Mali SA
Mahamoud Ould Mohamed, the Minister of Industry and Trade, laid the foundation stone for the new Ciment Sahel Mali SA cement plant, on 24 November 2022. Construction of the factory at Béma, Diéma, Nioro du Sahel, Kayes region of western Mali, will take 30 months from January 2023, according the the project sponsor, El Hadji Mohamed Sacko, CEO of Groupe Sacko Holding SA. Capacity of the pl...
APCMA elects new executive committee
Muhammad Ali Tabba, chief executive of Lucky Cement , has been appointed chairman of the All Pakistan Cement Manufacturers Association (APCMA) for the 12 months ending September 2023. Senior vice chairman of the APCMA over the same period has been named as Kohat Cement ’s Aizaz Mansoor Sheikh, while Attock Cement ’s Babar Bashir Nawaz has been elected vice chairman. Also elected were eigh...
Pakistan export volumes fall but earnings rise
Export volumes from Pakistan's cement industry in the first four months (July-October 2022) of FY22-23 fell but export prices rose, leading to higher export earnings, according to the country's Federal Bureau of Statistics (FBS). Prices increased to US$50.40/t from US$36.70/t over the period. As a result, exports grew by 1.25 per cent in terms of value, despite volumes being down by 26.61 p...
Cement imports from Belarus threaten Russian production
Rising imports from Belarus may hit cement production in Russia, according to the real estate office of the RIA Novosti agency. Cement imports from Belarus have increased by 61 per cent YoY in September-October 2022 to 434,000t. By the end of 2022, total cement imports to Russia are forecast to reach 2.2Mt, of which 1.5Mt will originate from Belarus. Eurocement believes that imports from Belar...
Relief for UK cement producers as mega projects go ahead
UK cement producers will be breathing sighs of relief this morning that mega projects such as HS2, the Sizewell C nuclear plant, and the Northern Powerhouse Rail plan will be going ahead. Jeremy Hunt, UK chancellor, confirmed in his Autumn Statement on 17 November 2022 that the government has given its full backing to all three projects and that capital spending would not be cut for the next t...