Cement News tagged under: Consumption
Inchini Cement seeks export permit, Ethiopia19 September 2012, Published under Cement NewsEthiopia-based producer Inchini Bedrock Cement factory is seeking approval to export cement volumes to neighbouring countries as domestic demand has declined, forcing the factory to operate at 52 per cent capacity utilisation. The Addis Fortune reported that the company is seeking an export permit and is in negotiations with three regional customers, citing Inchini’s operations manager, Daniel Ganyi. According to the report, the management at the local cement factory have concerns on the ... |
Spain: eight month consumption down 34.3% YoY18 September 2012, Published under Cement NewsSpanish cement consumption for the first eight months of 2012 has declined by 34.3 per cent YoY to 9.56Mt, according to the latest data from Spanish cement association Oficemen. In August alone, demand was down 33.6 per cent YoY to 1.13Mt. Exports, on the other hand, increased by 48.9 per cent compared to the same month of 2011. In the last 12 months, exports have totalled 5.22Mt (of which clinker accounted for 2.51Mt), representing growth of 31.7 per cent YoY. Imports are down 48.9 per ... |
Vietnam production declines 2% YoY18 September 2012, Published under Cement NewsVietnam produced 31.59Mt of cement in the first eight months of this year, down two per cent from a year earlier, the Vietnam National Cement Association (VNCA) said. In August, the country’s cement output decreased 12 per cent from July to 3.77Mt. By the end of August, the country had an inventory of 630,000t of cement and 2.12Mt of clinker due to the stagnant real estate market. Cement sales fell eight per cent YoY between January and August though local firms have reduced their cement ... |
Peru dispatches rise 16.8%17 September 2012, Published under Cement NewsShipments of cement in the Peruvian market totaled 6,098,738t from January to August 2012, 16.84 per cent more than the same period of 2011 (5,219,828t), the Association of Cement Producers (Asocem) has reported. During the period cement production was 6,235,813t, representing an increase of 14.62 per cent compared with the same period of 2011, when it was 5,356,112t. As of August exports totaled 91,834t of cement, reporting an increase of 177.73 per cent over the same period of 2011,... |
Global market outlook17 September 2012, Published under Cement NewsAnalysts at Jefferies International have recently provided an update on their expectations for global cement markets. While prospects for the US are improving, emerging markets are beginning to face uncertainties and the outlook for Europe is weaker than it previously anticipated. US markets have performed stronger than expected in 2012, having risen 15 per cent in the first half to 37Mt. While growth slowed in June and the rate is expected to ease to around three per cent for the remaind... |
Siam Cement sees 10% rise in domestic demand, Thailand14 September 2012, Published under Cement NewsSiam Cement Group (SCG) expects domestic cement consumption to be double than its earlier forecasts for 2012 as demand is on the path of recovery. Kan Trakulhoon, the president and chief executive, said capacity utilisation at SCG, the country's largest cement maker, this year will be on a par with last year at 18Mt or 78 per cent of its overall production level. He said the company aims to achieve maximum cement production capacity of 23Mt within the next three years thanks to recover... |
Brazilian monthly sales up 7.3 per cent YoY13 September 2012, Published under Cement NewsCement consumption in the Brazilian market totaled 6.3Mt in August, representing a rise of 7.3 per cent YoY, data from Sindicato Nacional da Indústria de Cimento (SNIC) shows. August 2012 sales were up 4.2 per cent on a month-on-month basis from July 2012. Total domestic shipments for the first eight months of 2012 reached 45.17Mt, representing a YoY increase of 8.5 per cent, the association data showed. |
Argentina sees August declines13 September 2012, Published under Cement NewsIn August 2012, Argentina cement producers shipped 860,601t, including exports, a decrease of 5.6 per cent from July and down 16.5 per cent on August 2011. The latest data from Asociacion de Fabricantes de Cemento (AFCP) shows domestic shipments in August reached 841,124t, representing a decline of seven per cent from the previous month and a fall of 16.6 per cent compared to August 2011. |
Steppe Cement posts first half loss, Kazakhstan11 September 2012, Published under Cement NewsKazakhstan-based cement producer Steppe Cement Ltd posted a consolidated loss after tax of US$0.1m for the six months ended 30 June 2012. Revenue six months ended June 30 were US$52.16m (2011: $43.06m) while pretax profit was US$391,000 (2011 loss: US$2.84m). The company’s sales volumes increased by two per cent to 615,838t and the average sales price increased from USD72/t to USD86/t during the period. Production costs per tonne increased by 11 per cent in US dollar terms. The hike was... |
Colombian production drops, shipments ahead11 September 2012, Published under Cement NewsColombian production fell 1.4 per cent in July 2012 compared to the same month in 2011, while shipments for the period were ahead by 3.3 per cent. The country’s statistical office, Dane, shows that shipments for July 2012 were 879,000t. By departments, Cundinamarca continues to lead the rankings with 52.7 percent of demand, followed by Santander, with 30.7 per cent, and Bolívar, with 20.6 per cent. In contrast, the main decrease occurred in Bogotá, down 14.4 per cent, which is attributed b... |