Cement News tagged under: Consumption
Puerto Rican cement sales down 14.4% YoY in Oct11 November 2015, Published under Cement NewsCement sales in Puerto Rico fell to 1085m bags in October, representing a 14.4 per cent YoY fall, the largest in the past nine months. The reduction has been attributed to a contraction in housing construction and a lack of government resources invested in public works. Domestic cement production decreased 22.5 per cent to 872m of bags. In 2014, production fell 1.9 per cent following two years of increases. |
Egypt's new-found energy09 November 2015, Published under Cement NewsFollowing its successful navigation of turbulent social and political waters, the Egyptian cement industry has more recently had to face the challenge of overcoming gas shortages and a phase-out of power subsidies. Diversifying energy and power sources has now become a key priority as producers look to secure supplies, stabilise production and serve growing demand. By Shady Sharaf, Aboubakr Emam, CFA & Kamal El-Sheikh, Cairo Financial Holding, Egypt. Arabian Cement Co converted its pl... |
Argentina’s monthly cement consumption 2.5% ahead04 November 2015, Published under Cement NewsThe Argentina cement market saw increased sales in October 2015, up 2.5 per cent YoY from 1,100,852t to 1,127,869t, according to AFCP, the country's cement association. Export sales, however, fell by 56 per cent from 14,344t to 6342t over the same period. In the year to date, dispatches rose 8.4 per cent to 10,175,570t from 9,383,267t posted in January-October 2014. Exports experienced a 42 per cent fall from 137,249t to 79,602t. |
Colombia sees 5.2% market expansion in September30 October 2015, Published under Cement NewsColombia’s cement demand expanded by 5.2 per cent YoY in September 2015 to reach 1.143Mt on the back of a strong performance in the contractor and ready-mix sectors, which noted a rise in cement consumption of 25.9 and 13.3 per cent, respectively. In terms of provinces, Meta recorded the highest increase in demand with a 33.7 per cent advance, followed by Atlántico (+18.8 per cent) and Boyacá (+16.1 per cent). Greater Bogota saw its market expand by eight per cent YoY. Cement product... |
PPC28 October 2015, Published under Cement NewsThe second quarter of 2015 saw cement demand in South Africa grow by 1.5 per cent to 3.08Mt, compared to the same period last year. This has fallen considerably from the 15.6 per cent expansion seen in 1Q15. According to PPC, this flat volume growth, along with increased competition in the local market, is being blamed for the two per cent contraction in average cement prices in the South Africa market of late. Speaking at the recent RMB Morgan Stanley conference in Cape Town, Darryl Cast... |
Germany's housing benefits26 October 2015, Published under Cement NewsFollowing last year’s recovery in German cement demand, a subdued start to 2015 means growth is likely to peter out. Housebuilding continues to recover from a low base, but the outlook for industrial construction appears downbeat. On the corporate front, M&A activity and asset swaps by European majors have led to some German plants now being under new management. German housing continues its recovery and increases its share of German construction activity The German economy grew... |
Spain: monthly demand up but slowdown noted23 October 2015, Published under Cement NewsSpain’s cement consumption in the first nine months of 2015 increased by 4.8 per cent, but the growth rate decelerated in the past three months, according to Oficemen, the country’s cement association. At the end of June 2015, the market expanded by 8.6 per cent. The slowdown in growth has been attributed to a drop in public works. While September demand posted an increase of 3.1 per cent to 982,379t, the CEO of Oficemen, Aniceto Zaragoza expressed his concern: "We are witnessing with gre... |
Peru’s demand falls 1.9% in September16 October 2015, Published under Cement NewsCement dispatches in Peru slipped 1.9 per cent in September to 0.887Mt from 0.905Mt in September 2014, according to Asocem, the country’s cement association. Exports declined by 13.9 per cent to 26,000t in September. Cement production increased 4.6 per cent YoY to 0.958Mt as the new plant of Cementos Pacasmayo, located in Piura, came on-stream. However, Asocem said: “The September production [figure] includes several tests at the new plant and therefore the strong rise in output is an anom... |
Thai 3Q consumption likely to be flat - report07 October 2015, Published under Cement NewsCement consumption in Thailand is likely to be rather flat in 3Q15 and 9M15, according to a report by Bualuang Securities focussed on domestic cement major Siam Cement Co (SCC). Last week, the research house accompanied SCC's management and IR team to meet investors in Germany, Switzerland and France. The information gathered during the non-deal roadshow (NDR) gave Bualuang a clearer picture of SCC's long-term growth profile. Regarding SCC's Cement-Building Materials (CBM) business, Bual... |
Argentina's total cement sales increase 7% YoY September05 October 2015, Published under Cement NewsTotal cement sales increased 14.9 per cent MoM and seven per cent YoY to 1.128Mt in September, according to AFCP, the Argentine cement producers’ association. In the domestic market, around 1.131Mt was dispatched – up 15.7 per cent MoM and 8.2 per cent YoY. While exports fell 46 per cent from 8863t in September 2014 to 4780t in September 2015, MoM they registered a 15 per cent rise. Imports rocketed from 421t in September 2014 to 7732t one year later. There were no imports in Augus... |