Cement News tagged under: Consumption
Cement Hranice 2012 outlook, Czech Republic10 September 2012, Published under Cement NewsDespite reporting an increase in 2011 cement sales, Czech cement producer Cement Hranice company expects a decline this year the Euro zone sovereign debt crisis and a continuing fall in construction output. Last year the company increased sales by 14.5 per cent last year to CZK1.69bn (EUR69m) following two years of declining sales due to a downturn in the domestic construction industry. Net profit in 2011 reached CZK499m, an increase of 10 YoY. Cement Hranice's results improved last ye... |
Competition mounts for East Africa market share07 September 2012, Published under Cement NewsPublic sector infrastructure projects and the rapidly growing middle class in the East Africa region will be the main drivers of cement consumption as competition is set to intensify with the arrival of new market entrants. S peaking to AllAfrica press, Kephar Tande, chairman of the East African Cement Producers Association, said Friday that the ongoing regional trade integration and an expected surge in housing demand will be the new battlefront for market share as new players enter the ma... |
Pakistan capacity utilisation drops to 10-year low06 September 2012, Published under Cement NewsCapacity utilisation of the Pakistan cement industry declined to 68.29 per cent in the first two months of the current fiscal (FY12-13), the lowest level in a decade figures from the All Pakistan Cement Manufacturers Association (APCMA) show. The drop is attributed to falls in domestic demand during July and August mainly due to Ramazana and heavy rains in the country, as well as a decline in exports. APCMA data shows that total cement dispatches were down 1.64 per cent and 2.82 per ce... |
US first half shipments rise 15 per cent06 September 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico for the six months to June reached 37Mt, up by about 15 per cent, according to the latest data from the US Geological Survey. The leading producing states in June were Texas, Missouri, California, Michigan, and Florida, in descending order and accounted for 42 per cent of total output. The leading consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) received about 35 per cent of the J... |
Lafarge Pakistan Cement swings to profit05 September 2012, Published under Cement NewsLafarge Pakistan Cement reported profit after tax of PKR498.916m (US$5.3m) in the first half of calandar year 2012 compared to losses of PKR17.539m in same period last year, boosted by a rise in domestic sales and cost optimisation. Net sales for the period stood at PKR4.784bn against PKR3.684bn in 2011. Its administrative and financial cost increased to PKR278.6m and PKR604.662m from PKR221.613m and PKR481.564m, respectively 1H11. Distribution costs also increased to PKR115.625m from PKR... |
Lafarge Malayan Cement expects robust 2H12 demand05 September 2012, Published under Cement NewsAt Lafarge Malayan Cement’s analysts 2Q12 briefing held on Monday, the company said it expects the robust cement demand seen in the first half to continue in the second half. The company expects the healthy demand scenario to be driven by the implementation of large infrastructure projects such as the new LCCT terminal and coal power plants. Group utilisation rates remain high at 85-90 per cent, enabling management to cut back on cement exports in favour of serving the domestic market.... |
Sanghi Industries swings to full year profit, India30 August 2012, Published under Cement NewsIndia-based cement producer Sanghi Industries Ltd reported a net profit in fiscal year 2011-12 compared to a loss in the previous year as margins and sales improve in the fourth quarter. The company reported a net profit of INR81.87 crore for the fiscal year ended 30 June 2012 compared to a loss of INR29.55 crore in the previous fiscal. Net sales rose 8.3 per cent to INR974.07 crore in FY11-12 compared to INR899.48 crore a year earlier. Commenting on the financial performance of the c... |
Property boosts Indonesian cement demand23 August 2012, Published under Cement NewsFuelled by rising housing demand and subsequent property development, Indonesia saw cement sales increase 12% through the first seven months of the year, according to the Indonesian Cement Association (ASI). Cement consumption rose to 30.86Mt in the January-July period, from 27.54Mt in the same period last year, said Widodo Santoso, ASI chairman. “Housing loans have spurred the development of housing and real estate development in Indonesia,” Widodo said last week. Industry analyst... |
Vietnam: cement sales decline22 August 2012, Published under Cement NewsTotal domestic cement consumption during the first seven months of this year was 27.6Mt, down by three per cent against the same time last year and 50 per cent of the yearly target, according to the Vietnamese Ministry of Construction. In July alone, only 4.14Mt of cement were sold, 300,000t lower than the previous month. The downturn has been blamed on the gloomy real-estate market. To better deal with cement stockpiles, cement producers have pushed exports. A total of 4.5Mt of clinker an... |
The Philippines: 1H12 cement sales up 20%21 August 2012, Published under Cement NewsPhilippine cement sales from January to June this year reached 9.54Mt, up by about 20 per cent YoY, according to data from the Cement Manufacturers’ Association of the Philippines (Cemap). Cemap president Ernesto Ordoñez attributed the sales increase to higher infrastructure spending, which was a combination of new infrastructure projects for 2012 and the pent-up demand from last year. The government deferred last year the implementation of various projects for review. This resulted in t... |