Cement News tagged under: Consumption
Vietnam Jan-Nov 2012 production declines30 November 2012, Published under Cement NewsVietnam produced 51.3Mt of cement in the first 11 months of this year, down 5.4 per cent from a year earlier, the General Statistics Office said. The country’s cement output in November is estimated to have increased by nine per cent YoY to 5.3Mt, the government-run office said in a monthly report released Monday. The office revised the country’s cement production in the first 10 months to 46Mt from the earlier estimate of 46.5Mt. In the first 10 months, Vietnam had around 2.6Mt of ... |
Gresik sees output rising 18% next year, Indonesia29 November 2012, Published under Cement NewsIndonesia’s leading cement producer PT Semen Gresik expects cement production to increase by 18 per cent next year, however, it has hinted that domestic sales growth could slow next year compared to the robust figures expected in 2012. The company’s president director Dwi Soetjipto said the company’s production growth could rise to 26Mt in 2013 from output of about 22Mt in 2012. In the first 10 months of 2012, the Gresik group sold 18.13Mt, an increase of 13.6 per cent compared to 15.... |
Brazil October sales rise 9.8 per cent YoY27 November 2012, Published under Cement NewsBrazilian cement sales in October 2012 reached 6.2Mt, representing a 9.8 per cent rise compared to the same month of the previous year, data from the Sindicato Nacional da Indústria do Cimento, shows. In terms of the number of days worked, October sales fell 2.1 per cent compared to September 2012. Over the first 10 months of 2012, sales reached 57.4Mt, up eight per cent over the same period of 2011. According to data obtained by SECEX/MXIC, cement imports in the first three quarters o... |
Peru sees cement shipments grow 16.6 per cent in Jan-Oct 201227 November 2012, Published under Cement NewsIn October, demand for cement in Peru reached 903,750t with exports adding a further 28,634t to the total delivery figure for the month. Local cement makers produced around 926,623t, according to Peru’s cement manufacturers’ association Asocem. Between January-October 2012, deliveries of cement in the Peruvian market increased 16.6 per cent, reaching a total of 7.865Mt, reported Asocem. Output increased 16.5 per cent YoY from 6.909Mt to 8.050Mt over the same period. During the fir... |
US cement demand to rise or fall depends on resolution timing20 November 2012, Published under Cement NewsAlthough cement consumption and overall US construction activity increased significantly more than expected in 2012, these gains would be immediately erased in 2013 if the fiscal cliff is not resolved in a timely manner, according to the Portland Cement Association (PCA). The PCA expects cement demand to rise 7.5% in 2012, up 50 basis points from its summer forecast. However, the instability of the political landscape makes predicting 2013 consumption more challenging, said the US cement ... |
US cement consumption falters19 November 2012, Published under Cement NewsUnited States cement consumption in September fell 2.3 per cent versus the same month last year, representing a reversal of the growth trend for the first time in 2012. According to preliminary figures released by the USGS, monthly cement consumption reached 6.95Mt in September, versus 7.12Mt in 2011. Nevertheless, year-to-date consumption in 2012 has still outperformed 2011, and reached 59.56Mt in the first nine months, up 10.1 per cent compared to the same period in 2011. |
Adocem reports fall in domestic demand19 November 2012, Published under Cement NewsThe Dominican cement association Adocem reports that this year to date has seen a decline in cement consumption. In the first 10 months of the year, cement demand in the Dominican Republic totalled 2.2Mt, down 8.2% when compared with the equivalent period in 2011. It forecasts a full-year figure of 2.6Mt. The contraction is attributed to several factors, including lower activity in the construction industry, which was down 0.4% in the first half of 2012, according to the Central Bank. ... |
Buzzi Unicem's turnover edges ahead and profit advances09 November 2012, Published under Cement NewsBuzzi Unicem's turnover for the first nine months was up by 1.7 per cent to €2,146.3m and the EBITDA increased by 11.7 per cent to €368.7m. The trading profit rose by 29.6 per cent to €198.9m and net financial charges increased by 25.1 per cent to €85.3m. After an 89.3 per cent higher contribution from associates, the pre-tax profit rose by 33.5 per cent to €116.8m. With charges for tax and for minorities increasing more slowly than the pre-tax profit, the net attributable profit jumped by ... |
Cementos Portland posts EUR83m loss for Jan-Sep 201209 November 2012, Published under Cement NewsCementos Portland of Spain has posted a loss of EUR83m for the first nine months of 2012, almost 10-times the loss posted in the same period of last year, local press have reported. The steep decline is attributed to weaker demand from its domestic market of Spain which could not be offset by activity in USA and Tunisia where the company also operates.. |
SCG's cement division posts 29% revenue rise in 3Q12, Thailand09 November 2012, Published under Cement NewsSiam Cement Group's cement business posted a 29 per cent increase in revenue to THB17.7bn (US$577.6m) in the third quarter of 2012, attributable to a higher domestic sales volume as well as consolidation of the recently acquired ready-mixed concrete business in Indonesia. The cement business also saw a 33 per cent rise in net profit to THB2.45bn. Building materials witnessed 18 per cent growth in revenue to THB10.5bn, thanks to continued domestic market growth momentum. |