Cement News tagged under: Consumption
Bolivia to import more cement as demand rises20 August 2013, Published under Cement NewsThe manager of Insumos Bolivia, Óscar Sandi, said if the seasonal demand for cement in Bolivia continues to growth, the state-owned body will increase cement imports. "I do not think there were supply problems as such, there may have been delays in deliveries, but (the supply) is guaranteed. If there is unmet demand, we will import according to the volumes required, " he said. Official data indicated that cement output in the first half of 2013 rose 8.5 per cent YoY. |
Supplying the Nordic market19 August 2013, Published under Cement NewsAs cement consumption in the Nordic countries is comparatively low compared to its European peers, most local producers ship significant quantities of their output to overseas markets. However, domestic cement companies supplying the Norwegian, Estonian and Latvian markets saw sales pick up in 2012 and can look forward to further growth ahead. Meanwhile, in other Nordic countries, markets remained subdued last year and a recovery appears a little way off. Norwegian civil engineering a... |
Bolivia's producers optimistic on buoyant market09 August 2013, Published under Cement NewsIn the past three years, Bolivian cement demand has increased between 9-10 per cent annually, according to the Bolivian Institute of Cement and Concrete (IBCH). The organisation also expects this growth rate to continue over the next two years. "Low interest rates and the availability of money in the economy certainly have boosted residential construction of all types," said Marcelo Alfaro, CEO of IBCH and added that the level of income the country currently receives and large infrastruct... |
US shipments ahead in first five months07 August 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico in May 2013 were about 7.77Mt, up by nearly three per cent YoY, according to the latest statistics from the US Geological Survey (USGS). Shipments for the year were also up slightly to 29.7Mt, the data shows. The leading Portland cement-producing states in May were Texas, California, Missouri, Florida and Michigan (in descending order). These five states accounted for around 43 per cent of total shipments d... |
Poland's monthly output edges ahead07 August 2013, Published under Cement NewsPoland's cement production totalled 1.733 Mt in July 2013, up by 2.2 per cent YoY, according to the latest data from the country's cement association. Cement sales, meanwhile, stood at 1.838Mt, marking an increase of 6.6 per cent YoY. However, for the first seven months of 2013, cement output declined by 17.5 per cent to 7.515Mt, while sales dropped by 16.7 per cent to 7.679Mt. Construction activity and cement consumption in Poland has suffered due to the limited demand from the infrastr... |
North Asia: mixed fortunes05 August 2013, Published under Cement NewsA cooling-off in cement consumption growth is giving China, the largest cement producer in North Asia and the world, the chance to reassess its industry structure to ensure a sustainable future. For other markets in the region, a surge in construction investment means growing demand, and new entrants are queuing up for a piece of the action. Private sector development projects are boosting Tokyo’s cement demand North Asian international relations have endured some difficult time... |
Lafarge Cement Zambia scales back exports to meet domestic needs02 August 2013, Published under Cement NewsLafarge Cement Zambia has reduced its exports by 15 per cent due to buoyant domestic construction market needs. Eugene Chungu, corporate affairs and communication director, told AllAfrica press: "In terms of exports, we have reduced from 35 per cent to 20 per cent of the total produce so that we focus on domestic consumption because the construction sector is booming. Mr Chungu added that Lafarge is currently exporting to five African countries: Democratic Republic of Congo (the company's ... |
Jaiprakash Associates downgraded, India31 July 2013, Published under Cement NewsTwo brokerages have downgraded Jaiprakash Associates Ltd, days after Deutsche Bank also cut its ratings and earnings estimates for the India-based cement producer. Morgan Stanley has downgraded Jaiprakash to "equal-weight" from "overweight", citing worsening headwinds for cement profitability, a reduced likelihood of the Reserve Bank of India (RBI) cutting interest rates and a lack of asset sales so far to meaningfully reduce debt levels. Citigroup, meanwhile, has cuts the company to "... |
Philippine 2Q13 cemend demand increases 8.8%30 July 2013, Published under Cement NewsPhilippine cement sales rose 8.8 per cent in the second quarter of 2013, data from the Cement Manufacturers Association of the Philippines (CeMAP) showed yesterday. Sales in the second quarter increased to 5.349Mt sold from 4.915Mt in the same period last year. Cement sales in the first half of the year also rose by 6.2 per cent to 10.136Mt from 9.546Mt in the corresponding period of the year before. |
Bali APEC construction projects boost Holcim Indonesia sales25 July 2013, Published under Cement NewsDespite some parts of Indonesia recently witnessing a slowdown in sales this year, Holcim’s local sales have been boosted by construction growth in Bali ahead of the Asia Pacific Economic Cooperation (APEC) conference to be held on the island later this year. “Nationally, this year’s cement sales growth has tended to slow down but we have been able to take advantage of construction growth in Bali,” Holcim vice president Juhans Suryantan, told Antara news agency. He said the company wou... |