Cement News tagged: International

Turkey's construction sector is in meltdown

12 September 2018, Published under Cement News

Turkey's construction sector is on the verge of a coma," says Tahir Tellioglu, chairman of the Buildings Contractors Confederation of Turkey (BCCT). This slowdown comes on top of a deepening currency crisis which has seen the Turkish lira lose 40 per cent of its value against the dollar this year. Many construction companies are selling products below cost and are struggling to pay foreign-cu...

Puerto Rican cement sales up 23% in August

12 September 2018, Published under Cement News

Cement sales in Puerto Rico increased 23 per cent YoY to 1.26m bags of 42.5kg (approx 53.55t) in August 2018. It is the eight-consecutive month of growth in cement sales after five years of decreasing sales in the country. In 2017 sales fell 11.2 per cent YoY. Output advanced 10.6 per cent to 1.09m in August. In the year prior, cement production fell by 14.2 per cent YoY.

The World Cement Association welcomes JK Cement

12 September 2018, Published under Cement News

JK Cement has joined the World cement Association (WCA) as a corporate member. The indian cement producer has 10.5Mta of grey cement capacity and 1.2Mta of white cement capacity with one plant in UAE. Norman Greig, Secretary General of the WCA said: "India's infrastructure is expanding rapidly, and the cement industry is playing an important role in fulfilling the country's demand. We are del...

Cement prices fall in Bolivia

12 September 2018, Published under Cement News

Cement prices have started to decline in Santa Cruz, Bolivia, as competition intensifies on the back of a slowdown in the local construction sector. Prices have fallen to BOB44-48/50kg bag (US$6.37-6.95) from BOB52-56 per bag in March 2017. The number of construction works in the area is below levels recorded in 2015-16, with large projects delayed, according to Esmerk Latin American News. ...

Zimbabwe's cement prices skyrocket

Zimbabwe's cement prices skyrocket

11 September 2018, Published under Cement News

Cement prices in Zimbabwe have hit a new high with 50kg bags being sold for US$20-25 on the black market compared to the authorised retail prices of US$11.50/bag for ordinary Portland cement and US$10/bag for masonry cement. A statement released by the Cement and Concrete Institute of Zimbabwe (CCIZ) last week indicated that the industry may not be able to cope with the rising demand, estim...

Chinese to build more cement factories in Uzbekistan

10 September 2018, Published under Cement News

Chinese company Henshui Decheng Machinery and Equipment Co Ltd has signed an agreement to build several cement and brick factories in Jizzakh region, Uzbekistan. The announcement was made by the State Investments Committee of Uzbekistan. It is part of a plan to increase trade between Uzbekistan and China to US$10bn by 2020, reports Trend news agency. Currently, more than 700 enterprises ...

Zimbabwe's cement demand outpaces supply

Zimbabwe's cement demand outpaces supply

07 September 2018, Published under Cement News

Zimbabwe is facing a cement shortage due to demand temporarily outpacing supply. The Confederation of Zimbabwe Industries (CZI) has demanded answers from the country's cement producers regarding the shortages. "We met the cement producers yesterday and they all said they are operating at full throttle. Sales are going on. Usual informal traders were taking advantage of the situation and hoa...

The NCCBM appoints Mahendra Singhi as its new chairman

07 September 2018, Published under Cement News

The National Council for Cement and Building Materials (NCCBM), has appointed Mahendra Singhi, Group CEO of Dalmia Cement (Bharat) Ltd, as its new Chairman. Mr Singhi has been a part of the board of Governors of NCCBM since 2013. Mahendra Singhi, Group CEO of Dalmia Cement (Bharat) Ltd is the new NCCBM chairman Commenting on the occasion, NCCBM Director General, Ashutosh Sax...

Argentina’s cement market sees 4% YoY growth in 8M17

06 September 2018, Published under Cement News

Argentine cement demand remained largely stable in August 2018 as it reached 1.115Mt when compared with 1.122Mt in August 2017, according to the latest data from AFCP, the country’s cement association. Domestic shipments stood firm at around 1.113Mt in August 2018 while imports dropped from 9194t in August 2017 to 2228t in August 2018. In addition to domestic deliveries, Argentina’s cement p...

Pakistan's cement dispatches fall in August

06 September 2018, Published under Cement News

Pakistan cement's industry saw a fall in total dispatches in August 2018, dropping 8.3 per cent YoY to 3.452Mt from 3.76Mt in August 2017. This runs counter to the strong month of July when a growth of 5.1 per cent was recorded. The breakdown of data, as provided by All Pakistan Cement Manufacturers' Association (APCMA), indicates that domestic cement dispatches in Pakistan reached 2....

Cemex supplied 160,000t of cement for Assiut barge project

06 September 2018, Published under Cement News

Cemex participated in what its company president has termed an 'exemplary project', the construction of the new Assiut barrage, considered the third largest water project on the Nile River in Egypt. Cemex is the main cement supplier of this project, which is expected to provide irrigation water for 690,000ha, directly benefiting five million agricultural workers. "The new Assiut barrage is ...

New cement terminal enters operation in southwest India

05 September 2018, Published under Cement News

India’s Cochin Port Trust launched the port’s fourth cement terminal at Ernakulam Wharf, Kerala, on Monday. The terminal is expected to handle 0.3Mta of cement and has been set up on 1.14ha of land. The terminal entered operation by receiving the Penna Suraksha, the largest self-discharge vessel in Asia, with 25,000t of cement transported from Krishnapatnam. The vessel has a discharge capaci...

Dominican domestic deliveries up 5%

04 September 2018, Published under Cement News

Local cement sales in the Dominican Republic increased 5.1 per cent in the first six months of 2018 to 2,196,282t from 2,089,935t in 6M17, according to the country’s cement association, Adocem. In terms of sales revenues, a 12.9 per cent rise was reported to DOP9.612bn (US$192.176m) from DOP1.096bn. Output from the country’s cement plants rose by 4.8 per cent to 2,738,284t in 6M18 from 2,61...

Mexican cement prices forecast to rise in 2018

05 September 2018, Published under Cement News

Cement prices in Mexico are expected to continue their rise this year. Cemex increased its cement price at the start and in the middle of the year by Cemex, "We have announced two price increases so far this year. The increase executed in cement was four per cent in the first six months of the year, compared to the same period of the previous year. In line with what we mentioned at the beginni...

Large housing scheme to raise Pakistan's cement demand

04 September 2018, Published under Cement News

Pakistan's Prime Minister, Imran Khan, has chaired a meeting on construction of the '05 Million Housing programme' for of low-cost/affordable housing. The meeting was attended by Yaqoob Izahar, Najeeb Haroon, Arshad Dad, Secretary Housing & Works Dr Imran Zeb Khan, Secretary Law M Justice (R) Abdul Shakoor Paracha and other senior officers. The Prime Minister said that construction of low-co...

Peru cement demand at 0.871Mt in July

07 September 2018, Published under Cement News

Peru’s cement plants supplied 790,000t of cement to the domestic market in July 2018, up 1.8 per cent YoY and four per cent MoM, according to the country’s cement association, Asocem. Domestic deliveries were supplemented by 80,600t of imports, down from 106,000t reported in the previous month. In addition, 50,000t of clinker was imported. The latest data result in a total cement consumption i...