Cement News tagged under: Consumption
Peru cement market contracts 5% in February15 March 2019, Published under Cement NewsNational cement consumption in Peru slipped by 4.9 per cent in February 2019 to 0.893Mt, down from 0.9Mt reported in February 2018, according to the country’s cement association, Asocem. Total cement dispatches by Asocem-related producers were up 5.3 per cent YoY, but decreased by 2.8 per cent MoM to 0.796Mt in February 2019. Of this total, 0.783Mt were delivered to domestic customers, representing a 6.4 per cent rise YoY but a 2.1 per cent drop MoM. Exports of cement were down, by 35 per ... |
Argentinian demand stable, exports rise in February 201912 March 2019, Published under Cement NewsCement demand in Argentina remained largely stable YoY at 921,112t in February 2019, but fell 5.4 per cent MoM, according to the country’s cement association, AFCP. Domestic demand was entirely met by output from Argentinian cement factories and, unlike in 2018, there were no imports into the Latin American country. Of the total of 929,491t produced by domestic cement companies in February, 921,112t was dispatched to the home market and 8379t exported, reflecting YoY increases of 1.4 and... |
Sinai Cement records improvement in 201812 March 2019, Published under Cement NewsEgypt’s Sinai Cement has reported that its standalone loss has narrowed by 13.7 per cent YoY in 2018 to EGP305.89m (US$17.56m), compared to EGP354.73m in the previous year. The improvement has been attributed to investment revenue and lower expenses, as well as collecting credit interests. However, revenue declined 37.7 per cent to EGP803.68m from EGP1.29bn. The company noted that cement consumption in Egypt fell five per cent in 2018. |
French cement market expands despite housing start drop08 March 2019, Published under Cement NewsCement demand in France rose by an estimated 2.5 per cent to 18.6Mt in 2018, according to SFIC, the country’s cement association. In 2017 the market expanded by 4.5 per cent. The positive result comes despite a drop in housing starts. Housing accounts for around a third of cement demand, with a further third supplied to public works and the balance for the renovation of existing buildings and new non-residential construction. However, despite a slow first half of 2018, which saw consumpt... |
Oficemen predicts slower market expansion in 201906 March 2019, Published under Cement NewsCement consumption in Spain expanded by eight per cent in 2018, resulting in a domestic demand of 13.4Mt, according to the country’s cement association, Oficemen. For 2019, the association predicts a 3-6 per cent rise in cement demand. "2018 has been an atypical year, with ups and downs in growth, which has gone from the two digits with which it started the year, touching 12 per cent, to close with only an eight per cent increase, which means a growth of barely 1Mt in absolute values, maint... |
Chilean cement demand edges up in December 201806 March 2019, Published under Cement NewsCement consumption in Chile increased 2.8 per cent from 359,116t in December 2017 to 369,291t in December 2018, according to the Chilean Chamber of Cement and Concrete (CCHC). In terms of full-year 2018, domestic demand remained largely stable at 3.993Mt in 2018 when compared with 3.995Mt reported in 2017. Consumption levels in December, as in May, June, August and October, increased YoY, helped to offset a poorer performance in the other months. |
Colombian market sees modest dispatch growth in January04 March 2019, Published under Cement NewsNational dispatches in Colombia edged up by one per cent to 918,300t in January 2019 from 909,400t in January 2018, according to the country’s national statistics office, DANE. Ready-mix companies and the retail sector increased their off-take by 3.5 and 1.2 per cent, respectively. Bulk sales slipped 0.4 per cent YoY while bagged cement sales advanced 1.6 per cent. In terms of geographical distribution, the departments of Bolívar and Córdoba reported the largest increases with deliveries... |
White cement market to expand by 3%28 February 2019, Published under Cement NewsThe global white cement market is forecast to grow by 2.8 per cent CAGR by 2022 on the back of rising construction activity in emerging economies, according to Radiant Insights. In addition, more flexibility in government standards in developed countries is also expected to lead to additional use of white cement in the construction of commercial spaces. Planned projects in North America and Europe are also expected to require white cement while in the Middle East and African markets will b... |
PT Indocement27 February 2019, Published under Cement NewsCement consumption in Indonesia grew by five per cent in 2018, compared to 7.6 per cent the year before, and is projected to expand by four per cent in 2019, according to PT Indocement. Although consumption in 2019 will continue to be driven by infrastructure projects, and the completion of commercial and residential projects, US policies to increase interest rates and reduce corporate tax have had an impact on the Indonesian economy, warned the company. Strong bulk cement demand is expec... |
UltraTech27 February 2019, Published under Cement NewsCement demand in India is expected to expand by 1.2 times the GDP growth rate over the long term, according to UltraTech. This will be driven by increased government spending on large infrastructure projects and low cost housing. Just last month the Reserve Bank of India forecast an economic growth rate of 7.4 per cent for 2019-20. India is home to around 65 cement producers with over 220 plants. Total installed capacity stands at around 470Mta, of which UltraTech controls 105Mta. With pe... |