Cement News tagged: International

Colombian grey cement market stable in 2018

31 January 2019, Published under Cement News

Dispatches in the Colombian cement market advanced 2.6 per cent to 0.973Mt in December 2018 from 0.949Mt in December 2017, according to the country’s national statistics office, DANE. Deliveries to ready-mix concretes advanced by 5.8 per cent while construction companies took delivery of an additional two per cent of grey cement when compared with December 2017. Sales in the retail sector in...

Romanian cement market valued at EUR650-700m in 2018

30 January 2019, Published under Cement News

The value of the Romanian cement market is estimated between EUR650m-700m (US$743m-800m) and is primarily supported by three large players: LafargeHolcim, HeidelbergCement and CRH. The three cement majors reported around RON3bn in total sales in 2018, representing a YoY rise of 10 per cent. LafargeHolcim’s Romanian operations were valued at EUR633m, followed by CRH (EUR469m) and HeidelbergCe...

CMA agrees wage pact with unions

30 January 2019, Published under Cement News

Members of the Cement Manufacturers' Association (CMA) of India and the federation of major trade unions have signed a Memorandum of Understanding (MoU) for a wage pact that could raise gross pay, dearness allowance and service weightage. Some 21 cement companies in India accounting for 60 per cent of the cement capacity authorised the CMA to negotiate with the trade unions on their behalf. T...

Pakistan's cement sector contracts by 1% in 1QFY19

30 January 2019, Published under Cement News

The State Bank of Pakistan on Tuesday released its first quarterly report on the State of Pakistan’s economy for FY19. According to the report, the overall macroeconomic environment remained challenging during the first quarter of FY19 as suggested by the preliminary data. It pointed out that the 6.2 per cent target for real GDP growth seems unachievable with the policy focus now tilted toward...

Turkmenistan starts sulphate-resistant cement production

Turkmenistan starts sulphate-resistant cement production

29 January 2019, Published under Cement News

Turkmenistan has produced its first batch of 7000t of sulphate-resistant cement from local materials, according to Trend. The cement was produced at a cement plant in Balkanabat, using iron oxide from a local iron ore deposit. The Institute of Chemistry of the Academy of Sciences of Turkmenistan, in cooperation with specialists from the Ministry of Industry and Turkmengeologiya State Corp,...

Argos USA Corp supplies concrete for Super Bowl stadium

29 January 2019, Published under Cement News

Argos USA Corp has been a key supplier in the construction of the 83,000-seat Mercedes-Benz Stadium, Atlanta, the venue for the Super Bowl 2019 between the New England Patriots and Los Angeles Rams on 3 February. Argos was chosen to deliver more than 200,000yd 3 of concrete (ready-mix) that were needed for the building. The project required more than 25,000 trips of mixer trucks. To accompli...

Ukraine cement output slips 1% in 2018

Ukraine cement output slips 1% in 2018

25 January 2019, Published under Cement News

The production of cement in Ukraine has fallen by one per cent to 8.926Mt in 2018 when compared with the previous year, according to the State Statistics Service. In 2017 Ukrainian cement producers manufactured 9.307Mt of cement, up 2.3 per cent YoY. In December 2018, domestic output decreased by 19.9 per cent YoY to 355,000t while MoM the drop was 50.4 per cent.

Cement demand in Vietnam slips 1% YoY

24 January 2019, Published under Cement News

Total cement demand in Vietnam fell to 5.828Mt in December 2018, down by one per cent YoY, but up three per cent when compared with November 2018, according to the latest data by the Vietnam National Cement Association (VNCA). Of this total, VICEM Group companies accounted for 1.96Mt with an additional 1.618Mt sold by VICEM’s joint ventures, representing YoY changes in sales volumes of -4 an...

Tender process begins for new Papa New Guinea project

26 March 2019, Published under Cement News

A successful definitive feasibility study has been carried by Mayur Resources Ltd for a cement plant near Port Moresby, Papua New Guinea. The project is expected to include the quarrying of extensive limestone deposits and the downstream production of clinker, cement and quicklime for both domestic and export markets. The estimated capital cost of the project is US$331m, with the initial capa...

Spain's cement demand up 9% in November

24 January 2019, Published under Cement News

Spain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease was reported. Between December 2017 and 2018, 13.4Mt of cement was sold – 1.1Mt more than in the equivalent period of the previous year. While consumption levels remain low – similar to the level noted in 1967 – they cont...

Cement price rise concerns Philippine housing developers

22 January 2019, Published under Cement News

Housing developers in the Philippines have become alarmed at the sudden rise in cement prices in the last few weeks. The Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP) and the Socialized Housing Alliance Roundtable Endeavour (SHARE), an association of non-government organisations (NGOs) engaged in housing development, reported that teh hikes in price of t...

Chinese manufacturer to enter Sri Lankan market

24 January 2019, Published under Cement News

A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and International Trade. Although the name of the manufacturer has not been released, it is the first time that a Chinese manufacturer has entered the country's market. "Since most of the regional markets have large cemen...

Cement production in Pakistan dips during 5MFY19

21 January 2019, Published under Cement News

Pakistan Bureau of Statistics (PBS) has reportged numbers of quantum index of the Large Scale Manufacturing (LSM) which posted a cumulative decline of 0.90 per cent YoY during 5MFY19, against the growth of 7.66 per cent YoY in 5MFY18. The cement production has also been affected during this period.   Pakistan's cement industry recorded a contraction of 0.62 per cent during first five months o...

FDI declines in cement and construction industry in 6MFY19

21 January 2019, Published under Cement News

Pakistan received a total foreign direct investment (FDI) of US$1.31bn during the first six months of FY18-19 (July -Dec), compared to US$1.63bn received in corresponding months of last fiscal year. This translates a YoY fall of 19.17 per cent, says the State Bank of Pakistan (SBP).   Out of which, Pakistan's cement and construction industry received foreign direct investment (FDI) of US$312....

Bangladesh cement industry to expand despite rise in raw material costs

21 January 2019, Published under Cement News

The Bangladeshi cement industry is expanding its capacity despite increases in raw material costs. In 2017 the effective capacity of active plants stood at about 50.20Mta, which is estimated to reach about 65Mta by 2019, according to the annual report of MI Cement Factory Ltd.   Cement consumption stood at about 27.1Mt in Bangladesh last year. But despite the huge growth of the industry, Bang...

Saudi producers to benefit from Neom Bay construction start-up

21 January 2019, Published under Cement News

Saudi Arabia will start developing the first major area of Neom, the kingdom's multi-billion dollar mega-city, from 1Q19. The founding board of Neom, chaired by Crown Prince Mohammed bin Salman, approved the concept of the masterplan for ‘Neom Bay’ which will be the first residential area to be developed in the city. The construction work will be completed in 2020. The full implementation p...