Cement News tagged under: Consumption
Argentina’s cement plants deliver 4.4% more cement in January 201320 February 2013, Published under Cement NewsArgentine cement plants delivered 913,336t of cement in January 2013, according to the latest data published by the country’s cement association AFCP. The January figure represents a 12.9 per cent increase MoM while when compared with January 2012, cement deliveries advanced by 4.4 per cent. Domestic dispatches, including imports, rose 12.8 per cent to 888,602t on the previous month, while YoY the increase was 3.2 per cent. |
Ecuador’s cement market expands 18.7% in January 201319 February 2013, Published under Cement NewsEcuador saw a 18.7 per cent rise in cement demand in January 2013 as the market expanded from 452,647t in January 2012 to 537,391t last month, according to the latest figures published by the country’s cement association Inecyc. Last year, cement consumption in the South American nation reached 6.025Mt, up 5.6 per cent when compared with the previous year’s total of 5.706Mt. Cement demand in Ecuador has seen a steady rise from 4.141Mt in 2006, except in 2010 when it slipped back to 5... |
Indonesia posts another double-digit rise in monthly cement sales19 February 2013, Published under Cement NewsIndonesia reported cement sales growth of 15 per cent in January 2013 on the back of a boom in property development and infrastructure projects. Cement sales increased to 4.65Mt for the first month of the year, according to the country’s leading cement producer Semen Indonesia citing data from the Indonesian Cement Association (ASI). The January sales rise also follows 15 per cent growth recorded in December. In terms of regional dispatches, sales to the main island of Java rose 19.4 p... |
Spain’s cold spell continues as January demand drops 21.5% YoY19 February 2013, Published under Cement NewsSpanish cement producers have had a frosty start to the year as cement consumption continues to fall. January 2013 data show a 21.5 per cent decrease to 892,783t from 1.138Mt recorded in January 2012, according to the country’s cement association Oficemen. Local cement producers have also cut output by 30.7 per cent to 948,443t when compared to the 1.369Mt manufactured during January 2012. “If 2012 was one of the worst years ever known the cement industry in our country, starting in 20... |
India: JK Lakshmi hit by slower demand, higher costs18 February 2013, Published under Cement NewsJK Lakshmi has reported subdued performance for the third quarter of the current fiscal year due to high freight costs and flat growth in dispatches. Profits declined by 16 per cent to INR41 crore YoY in the quarter ending December 2012 and lower construction activity led to a 2.7 per cent increase in dispatches. Rising diesel and freight costs also negatively affected results and, due to lower demand, the company was unable to pass on costs to consumers. JK Lakshmi, which operates... |
Nigeria: managing the surplus18 February 2013, Published under Cement NewsEarlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the country's recent drive to increase volumes resulting in the present-day overcapacity situation, particularly in the southwest, how will the market deal with the situation and what measures are producers taking to manage the surplus? The last two years have seen Nigeria come of age, at once becoming sel... |
Brazil: January sales rise 5.9% YoY14 February 2013, Published under Cement NewsLatest data on the Brazilian cement market shows that cement consumption increased by 5.9 per cent in January 2013 to 5.6Mt. Figures released by Sindicato Nacional da Indústria do Cimento (SNIC), show that for the last 12 months (February 2012 to January 2013), domestic sales reached 68.6Mt, representing an increase of 6.5 per cent on the same period a year ago (February 2011-January 2012). In 2012, domestic sales reached 68.3Mta, an increase of 6.9 per cent over 2011 (63.9Mt). Impor... |
Portugal’s cement demand drops 26.9% in 201205 February 2013, Published under Cement NewsCement consumption in Portugal fell by 26.9 per cent last year to lows not seen since 1973. According to a report released today by the Portuguese Federation of Construction Industry and Public Works (Fepicop), consumption last year reached 3.3Mt in 2012. The industry body said the crisis in the construction sector has caused significant reductions in cement consumption, the number of workers and the licences for apartment buildings. The unemployment figures reached 101,449 people by ... |
Pakistan's domestic sales rise 10.1% in January05 February 2013, Published under Cement NewsPakistan’s domestic consumption continues to uphold sales with latest industry data for January show another decline in exports. According to data from the All Pakistan Cement Manufacturers Association, domestic cement sales jumped by 10.10 per cent to 2.135Mt in January 2013. However, exports fell by 11.91 per cent to 522,584t during the month. In the first seven months (July-January) of the current fiscal year, total cement sales rose by 4.02 per cent and reached 18.607Mt. Domestic c... |
Fitch Assigns Initial 'BBB-' IDR to Cementos Pacasmayo SAA04 February 2013, Published under Cement NewsFitch Ratings has assigned the following initial ratings to Cementos Pacasmayo: Foreign currency Issuer Default Rating (IDR) 'BBB-'; Local currency IDR 'BBB-'. The Rating Outlook is Stable. Fitch says the ratings reflect the company's solid business position, as the only cement producer in Peru's northern region. Pacasmayo's position has resulted in high margins, low leverage and solid liquidity. The small size of the cement market in the north, as well as the difficulty of logistics in t... |