Cement News tagged under: COVID-19
Dangote to test US$90 power plant for Mtwara cement factory11 August 2020, Published under Cement NewsDangote Cement will test run a new US$90m gas-fired power plant in Mtwara, Tanzania, later this month. The plant has been delayed with the outbreak of COVID-19, but it will supply the Mtwara cement plant and reduce Dangote Cement's reliance on coal imports. The new power plant is due to be fully commissioned in November. The Mtwara plant has not operated at full capacity during 2020, but the new power plant should help energy efficiencies. "We have had mechanical failures of some main equ... |
Bangladesh's raw material imports decline 13%11 August 2020, Published under Cement NewsThe value of raw material imports for Bangladesh’s cement industry fell almost 13 per cent YoY to BDT64.81bn (US$764.1m) in the FY19-20, on the back of a stagnation in construction activities due to the COVID-19 pandemic. Businesses imported 18.6Mt of cement clinker, granulated slag, limestone flux and gypsum in the last fiscal year, down from 20.99Mt a year ago, according to the Chattogram Custom House. Most of the materials came through the Chattogram port from Thailand, Vietnam and Chin... |
East African Portland Cement meets distributors amidst falling demand10 August 2020, Published under Cement NewsThe East African Portland Cement Company (EAPCC) of Kenya is enhancing dealer and distributor incentives to push cement sales during the pandemic. CEO, Stephen Nthei, met with distributors in a tour of Nyandarau county to set a strategy and look to understand the challenges facing distributors and customers. "COVID-19 has had quite an impact in sales of cement. But we are seeing a bounce back as businesses start requesting for orders," Nthei said. "Dealers and distributors will get more in... |
Cement export from Bangladesh begins in July10 August 2020, Published under Cement NewsBangladesh's cement industry has earned export revenue of US$0.53m in July 2020, the first month of FY20-21, compared to US$0.66m bagged in July 2019. The weak start at the beginning of the new fiscal year reflects the fall in exports by 20 per cent over the year-ago period. The figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB). The export value for cement decreased by 37 per cent, underperforming when compared wit... |
Nigeria in focus07 August 2020, Published under Cement NewsNigeria, Africa's biggest cement market, is still pushing the bar in terms of profits for cement companies at a time when other countries are struggling to overcome the financial constraints arising from COVID-19 and general apathy for cement demand. Nigeria has been at the head of the queue to see African cement demand recovering with BUA Cement and Dangote cement reporting an upturn in 1H20 sales, while exports have begun for Dangote. BUA Cement's 1H20 results saw a robust 12.7 per cent ... |
Buzzi Unicem's 1H20 cement and clinker sales fall 3%05 August 2020, Published under Cement NewsBuzzi Unicem reports that group cement and clinker sales declined 3.4 per cent in the 1H20. The drop in volumes was concentrated in Italy and eastern Europe, due to the spread of the pandemic and to the associated restrictions on economic activity. In central Europe shipments were only slightly below the level reached in the same period of 2019. There was strong performance in the USA, despite the increasing challenges presented by COVID-19. Net sales achieved in the half year were substant... |
Slowly back on track in Brazil?04 August 2020, Published under Cement NewsFollowing a four-year downturn, Brazil’s cement sector was in recovery mode in 2019. However, after a slow start to the year due to inclement weather, the coronavirus pandemic resulted in a further drop in sales in spring. The latest data show signs of demand recovery with producers pinning hopes on the implementation of private and public construction projects. Brazil’s cement industry is expecting better news in the months ahead as the resumption of private and public constructio... |
FLSmidth's 1H20 revenue slips to DKK3.85bn04 August 2020, Published under Cement NewsIn the 2Q20 FLSmidth's revenue amounted to DKK3.846bn (US$608.8m) compared to DKK5.472bn in the 2Q19, down 30 per cent YoY with a 22 per cent decline in mining and a 41 per cent decrease in cement. The relatively sharper decline in cement was not only due to a more severe impact of COVID-19 on the cement industry but also a result of a lower level of cement capital orders in the past four quarters, reported FLSmidth. FLSmidth’s organic order intake declined by 29 per cent and organ... |
INC reports record July sales04 August 2020, Published under Cement NewsParaguay-based Industria Nacional de Cemento (INC) has reported a record volume in cement sales at the end of July, reports Agencia de Información Paraguaya. The company sold 1,610,708 bags of cement in July, or an average of 48,500 bags/day. INC President, Ernesto Benítez spoke about the new milestone of 1,610,708 bags sold in a single month. “Not only the best-selling product is pozzolanic, but also masonry and structural cement. Both had a significant rebound," he said. He added the dat... |
GB sales of heavy-side building materials slump in 2Q2004 August 2020, Published under Cement NewsThe latest statistics released by the Mineral Products Association (MPA) show that sales of heavy-side building materials, including aggregates, ready-mix concrete (RMC), asphalt and mortar saw unprecedented declines during the 2Q20. Aggregates sales volumes were 38 per cent lower, RMC 39 per cent and asphalt 28 per cent on a quarterly basis. The swift closure of housebuilding sites as the lockdown was announced in March resulted in the mortar market suffering an even sharper fall in deman... |