Cement News tagged under: Consumption
Bolivia's cement market expected to expand 6-10% in 201401 July 2014, Published under Cement NewsCement producers in Bolivia expect domestic cement demand to grow by 6-10 per cent in 2014. Last year, consumption reached 3.3Mt and sources at Fancesa said cement demand is forecast to be higher this year. The departments of La Paz, Cochabamba and Santa Cruz comprise around 75 per cent of domestic demand. In 2013, Soboce sold 1.55Mt of cement but the company said that sales during the first quarter of this year were affected by heavy rains. Between January and May 2014, it produced 5... |
PCA commends Corker-Murphy plan – estimates US$210bn additional for infrastructure investment25 June 2014, Published under Cement NewsLast week, Senator Bob Corker (R-TN) and Senator Chris Murphy (D-CT) announced a plan calling for an increase in federal petrol and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nationwide road construction work stoppage. According to initial reports, the taxes will generate US$164bn increase in HTF revenues. Analysis by the Portland Cement Association (PCA), however, reports that the Corker-Murphy proposal would result in nearly US$210bn additional dollar... |
Europe's reshuffle25 June 2014, Published under Cement NewsThe European cement market has been marked by a geographical reshuffle as varying recovery rates in the region’s different countries have impacted the market with Germany taking the crown from Italy in terms of cement consumption. In addition, as a result of the recently-announced Lafarge-Holcim merger, further restructuring appears to be on the cards. The latest reshuffle in the European cement industry has seen Germany emerge as the region’s largest cement market, ahead of Italy ... |
Spain: May cement demand down 2.9%24 June 2014, Published under Cement NewsCement consumption in Spain reported a 2.9 per cent drop in May to 978,688t, which is 28,849t less than the same month of last year, domestic cement association, Oficemen has said. The latest figure brings cement consumption for the year to date to 4,229,479t, down 3.5 per cent when compared with January-May 2013. Oficemen said it has been the first May since 1965 that cement consumption did not surpass the 1Mt mark. |
Saudi on course for full demand recovery in 4Q1423 June 2014, Published under Cement NewsSaudi cement sector is currently showing signs of recovery, with demand beginning to return to its normal levels, a new report by NCB Capital reveals. Mohamed Tomalieh, equity research analyst at NCB Capital, said: “The average YoY decline in sales since November 2013 stood at 7.9 per cent but sales in May 2014 increased 3.1 per cent YoY, the first increase since the end of the amnesty period for expats in November 2013. The recent growth supports our view of demand normalising in 3Q14, wi... |
Improving demand outlook for southern India20 June 2014, Published under Cement NewsCement demand in southern India is expected to witness stronger rates of growth in the current fiscal led by infrastructure projects in Andhra Pradesh, a new report has forecast. Southern Indian consumption is expected to rise by 5-7 per cent in FY15 compared to one per cent YoY growth in FY14, a report by Karvy Broking said. The improved demand scenario will initially will be from infrastructure projects as political stability has set in the Andhra Pradesh (AP) region, Rajesh Kumar Rav... |
Peru: cement dispatches edge ahead18 June 2014, Published under Cement NewsBetween January and May 2014, Peru’s cement market expanded by 0.51 per cent YoY to 4,129,906t, according to the latest figures from the domestic cement association, Asocem. Production rose by 0.95 per cent YoY to 4,231,221t in the first five months of the year, from 4,191,295Mt in the same period a year ago. Exports jumped from 81,356t to 95,716t, up 17.65 per cent during Jan-May. |
Recovery in Indonesian monthly cement sales growth12 June 2014, Published under Cement NewsIndonesian cement sales growth picked up pace during May following a slowdown during the month before on the back of legislative elections. Last month cement sales advanced by 7.7 per cent to 5.2Mt, latest data from the Indonesia Cement Association shows. This follows just a 0.4 per cent increase in April before as elections led to projects being put on hold. Cement sales in May increased in most regions with the exception of Maluku, Papua (-4.7 per cent YoY) and Nusa Tenggara (-13 per ... |
Colombian April demand increases 4.3%04 June 2014, Published under Cement NewsThe Colombian cement market expanded by 4.3 per cent YoY in April 2014 as 0.957Mt were delivered to domestic customers, according to the latest report from national statistics office, Dane. Major dispatch growth was noted in Norte de Santander (35.3 per cent), Huila (18 per cent), Bolívar (10.3 per cent) and Antioquia (6.5 per cent). Córdoba’s cement consumption fell by 30.1 per cent. Grey cement production reached 1.0289Mt in April, registering a 15.9 per cent YoY increase. The rise has... |
Positive outlook for Pakistan producers03 June 2014, Published under Cement NewsThe government of Pakistan said yesterday it expects the domestic cement industry to prosper during fiscal FY14-15, led by improvements in local pricing and demand. According to the Pakistan Economic Survey 2012-13 released yesterday, due to improving cement prices this year, the outlook for most cement players is positive for the next fiscal which begins in July 2014. Local cement dispatches are also expected to increase due to improvements in Public Sector Development government expe... |