Cement News tagged: International

1H20 results show regional impact of coronavirus on cement demand

31 July 2020, Published under Cement News

This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, HeidelbergCement, Titan and Vicat give the first clear indications of how the cement sector has been impacted and responded to the COVID-19 pandemic in various regions of the world. Africa Dangote Cement was first to annou...

State Bank reviews the cement industry’s performance for the period 9MFY20

13 August 2020, Published under Cement News

The State Bank of Pakistan released its 3QFY20 report on ‘The State of Pakistan’s Economy’ on 30 July. According to the report, successful stabilisation measures that had fostered macroeconomic improvement in July 2019-February 2020 provided a valuable cushion against the downturn faced from late March 2020 onward in the wake of the COVID-19 outbreak. The cement industry was also recovering d...

Pakistani cement and construction FDI down in FY19-20

30 July 2020, Published under Cement News

The State Bank of Pakistan (SBP) has released foreign direct investment (FDI) data for June 2020 and the FY2019-20. FDI surged by 45 per cent MoM to US$174.8m in June while for the full financial year, FDI soared 88 per cent to US$2.561bn from US$1.362bn in FY18-19. China transferred the highest net FDI of US$843.1m, Norway US$402m and Hong Kong US$190.7m. However, the increasing FDI trend is...

Pakistani cement output falls 35% in May

29 July 2020, Published under Cement News

Pakistan's Federal Bureau of Statistics (PBS) has released production data for May and the 11-month period of July 2019-May 2020. The overall output of large-scale manufacturing industries (LSMI) in Pakistan declined by 10.3 per cent during the 11FY19-20, when compared to the equivalent period of the previous year, according to the country’s Federal Bureau of Statistics. Domestic cement pro...

Mondi Paper Bags acquires two cement bag lines in Egypt

Mondi Paper Bags acquires two cement bag lines in Egypt

29 July 2020, Published under Cement News

Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Co and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will increase Mondi's capacity by approximately 60-80m bags annually and strengthen Mondi's position in the Middle Eastern bag market, particularly in supporting...

US cement shipments down 8% in April

30 July 2020, Published under Cement News

Shipments of Portland and blended cement in the US and Puerto Rico fell 7.5 per cent YoY to 8.1Mt in April 2020, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, which accounted for a combined market share of 42 per cent. The top five producing states were Texas, Missouri, California, Florida and Alabama Mas...

Lebanese cement plants call for restart quarries

Lebanese cement plants call for restart quarries

27 July 2020, Published under Cement News

Cement companies in Lebanon have called on the authorities to authorise the restart of their quarries, which they said activity had been for nearly seven month due to measures to prevent the spread of coronavirus. Cement prices had reached new heights on the informal market and cement production needed to be restarted, they said. Quarries in northern Lebanon have been particularly affected.

Indian demand expected to fall 25% in FY21

24 July 2020, Published under Cement News

Cement demand in India is forecast to contract by up to 25 per cent in FY20-21 due to the coronavirus lockdown and subsequent specific restriction on construction activities, according to ratings agency ICRA. The downturn would be mainly felt in cities while rural housing and infrastructure projects in remote areas are expected to continue to support cement demand. "ICRA expects cement deman...

Suez Cement CEO calls for government to support industry

24 July 2020, Published under Cement News

Jose Maria Magrina, CEO of Suez Cement (HeidelbergCement), has called for the government to set out a plan to rationalise the Egyptian cement market. "There is a large surplus in the market in the last four years," added Mr Magrina. "Therefore, there is a lot of excess supply and very eager manufacturers who want to sell, no matter the cost and environment that demand cannot match the higher ...

Sharp rise in Indonesian cement demand in June

23 July 2020, Published under Cement News

Cement consumption in Indonesia rose by 29.2 per cent YoY to 4.86Mt in June 2020, according to Widodo Santoso, chairman of the Indonesian Cement Association (ASI). "This is because last year there were the effects of Ramadan and Eid, so consumption was limited," he said. The easing of large-scale social restrictions (PSBB) in a number of regions and the relaxation of credit disbursement by ...

Moroccan cement deliveries up 33% in June

23 July 2020, Published under Cement News

Cement sales in Morocco increased 33 per cent MoM in June, according to the Department of Studies and Financial Forecasts of the country’s Ministry of Economy, Finance and Administrative Reform. When compared with June 2019, deliveries are up 2.5 per cent. The rebound follows the gradual easing of COVID-19-related lockdown from 11 June 2020. In terms of construction market segments, infrastru...

Dominican Republic market contracts 13% in 4M20

22 July 2020, Published under Cement News

Cement sales in the Dominican Republic declined 13 per cent to US$120m in the January-April 2020 period when compared with June 2019. In addition, Dominican cement producers also reported a 20 per cent YoY fall in exports, which reached 227,639t of cement. Their output during the period decreased 24 per cent YoY to 1.36Mt. Adriano Brunetti, president of the country’s cement association Adoc...

Qatar's cement production falls in May

22 July 2020, Published under Cement News

Qatar’s Industrial Production Index for May 2020 declined two per cent YoY to 104.2 points, but this was a six per cent increase compared to April 2020. Issued by the Planning and Statistics Authority, the index details the growth of various industrial sectors such as mining, manufacturing and electricity production. In particular, the production of cement and other non-metallic mineral produ...

Azerbaijan records 2% decline in cement production

22 July 2020, Published under Cement News

Cement production in Azerbaijan declined 2.4 per cent YoY to 1.57Mt in the first half of 2020, according to the State Statistics Committee. However, ready-mix concrete production rose 3.6 per cent to 821,500t. Overall, the value of building materials produced in the country reached AZN327.6m (US$192.82m) in the 1H20, down 10.4 per cent compared to the corresponding period of last year.

Spain's cement demand falls 17% in 1H19

24 July 2020, Published under Cement News

Cement consumption in Spain declined 16.5 per cent to 6.1Mt in the first half of 2020 when compared with the 1H19, according to Oficemen, the country’s  cement association. The association attributes the fall to the halt in construction works due to the coronavirus pandemic. "In June, many of the works paralysed during the confinement, for example, real estate developments, were resumed, but ...

Egypt sees cement sales surge 42% in June

22 July 2020, Published under Cement News

Egypt's cement industry has reported a sudden surge in total sales, recording 3.64Mt during June 2020, including minimal exports, up 42 per cent MoM and one per cent YoY. June's improvement follows on from one of the lowest monthly sales run rates on record during May, which were impacted by the coronavirus (COVID-19) pandemic and the partial lockdowns. The MoM turnaround was recorded acros...