Cement News tagged under: Consumption
China’s transition underway27 March 2013, Published under Cement NewsThe speed of China’s cement industry restructuring was always going to be a drawn-out affair. The scale of the market and ambitious modernisation plans of a government intent on reshaping the industry in a relatively short space of time have presented challenges, but there is no turning back and reform is well underway as the country’s legendary cement market matures. ICR looks forward to meeting delegates at the China International Cement Conference, 24-26 April 2013, Beijing Exhi... |
Ecuador February cement sales rise 13.4%26 March 2013, Published under Cement NewsCement sales in Ecuador in February 2012 increased 13.4 per cent YoY to 447,928t compared to 395,047t in the same month of last year, data from the Ecuadorian Institute of Cement and Concrete (Inecyc) showed. Accumulated sales for the first two months of 2013 reached 985,320t compared to 847,694t in the Jan-Feb period of last year, representing a rise of 16.2 per cent YoY. Last year, the South American reported its second consecutive rise in annual sales which reached a record 6Mt in 2... |
Indian producers struggle with flat market growth26 March 2013, Published under Cement NewsIndian cement companies are experiencing challenging market conditions as subdued demand during the peak season is preventing producers from raising prices. Speaking to local press, M Ravinder Reddy, head of marketing for Vicat Group in India and director of marketing at Bharathi cement, said: “The primary reason, I’m told, is that the government has stopped payments to control fiscal deficit, as a result of which infra projects have taken a beating. The retail end also hasn’t grown due t... |
Indonesia cement sales rise 8.2 per cent in February22 March 2013, Published under Cement NewsIndonesian cement sales rose 8.2 per cent to 4.39Mt in February 2013, according to the country’s largest cement producer Semen Indonesia citing data from the Indonesian Cement Association (ASI). While growth has continued, February’s figure was the slowest pace of growth for six months. In the first two months of the year sales rose by 11 per cent to 9Mt. David Sumual, an economist at Bank Central Asia told the Jakarta Post that a slowdown in investment, particularly in government inf... |
Lafarge to reopen revamped Danao plant, Philippines21 March 2013, Published under Cement NewsLafarge Republic is to reopen its facility in Dano, Cebu, in the Philippines as part of the company’s drive to raise output due to increasing domestic sales. “The revamped plant in Danao City is one of several capacity expansion projects being undertaken by LRI to respond to the growing demand for building materials and the order backlog of construction projects of the leading construction companies.” Lafarge Republic said in a disclosure to the Philippine Stock Exchange. The plant wil... |
West China Cement sees 2012 net profit jump20 March 2013, Published under Cement NewsWest China Cement Ltd has reported a rise in net profit and operating revenue for 2012 and says it expects an improved operating environment going forward due in part to increased infrastructure demand. Net profit for the group jumped 44.9 per cent YoY in 2012 to CNY360m in 2012 and operating revenue grow 10.5 per cent YoY to CNY3.52bn. Cement sales volumes grew by 28 per cent, including sales from the newly constructed Danfeng Line 2 Plant during its trial production period, compared to ... |
Spain's February consumption down 25%20 March 2013, Published under Cement NewsThe downward trend in Spanish cement demand shows no signs of abating as cement consumption in fell 25 per cent in February, the latest data by domestic association Oficemen shows. Consumption last month fell to 863,950t some 289,000t less than in February 2012 when it was 1.152Mt. Over the first two months of 2013, accumulated demand was 1.757Mt, some 23.3 per cent less than the same period last year (2.29Mt) Production in February was 988,296t, a YoY decline of 23.7 per cent from ... |
USA January shipments rise 5.2% YoY18 March 2013, Published under Cement NewsCement shipments in the USA and Puerto Rico for January were up by 5.2 per cent than the same month of last year, the latest preliminary data from the US Geological Survey (USGS) shows. January 2013’s increase occurred despite being slightly colder and significantly wetter than January 2012, highlighted analysts at Jefferies International. Morevover, shipments have now increased in 30 of the last 35 months, it pointed out. Total shipments for Portland and blended cement in January 2013... |
Lafarge Zimbabwe to reduce foreign shareholding18 March 2013, Published under Cement NewsLafarge and the Zimbabwe government have agreed on Lafarge reducing its shareholding in the Zimbabwean cement manufacturer to 49 per cent. “We have agreed with the relevant authorities on the indigenisation modalities to bring down foreign shareholding to 49 per cent, in line with the indigenisation and economic empowerment [policy]. To this effect, our indigenisation plan was approved,” according to Muchadeyi Masunda, the chairman of Lafarge Cement Zimbabwe told local press. Last year... |
Vicem cement sales rise 30% in Jan-Feb15 March 2013, Published under Cement NewsVietnam Cement Industry Corp (Vicem) has reported a rise in overall cement and clinker sales for the first two months of the year but export volumes declined. The country’s largest cement group sold 2.88Mt of cement and clinker in the first two months of the year, up by 30 per cent from a year earlier. Some 2.85Mt of cement and clinker was sold on the domestic market, a 44.5 per cent YoY rise, while 24,000t of cement was exported which was a decline of 36.8 per cent on the previous yea... |