Cement News tagged under: Dispatches

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Pakistan cement industry records revenue growth of 3.4% in FY15

28 September 2015, Published under Cement News

Pakistan's domestic dispatches grew by 7.9 per cent YoY in FY15 to 28.2Mt, while exports fell 11.6 per cent YoY to 7.2Mt. The drop in exports limited revenue growth in the Pakistan cement sector to 3.4 per cent YoY. Overall profitability increased by 20 per cent YoY in the last fiscal to PKR35.6bn compared with PKR29.7bn in FY14.   The outlook on local dispatches remain strong due to the initiation of China–Pakistan Economic Corridor (CPEC) projects and the construction of major dams...

Pakistan's August sales buoyed by domestic dispatches

09 September 2015, Published under Cement News

Pakistan cement dispatches rose by 10.24 per cent in August 2015 to 3.061Mt despite a 31 per cent drop in exports. According to the data released by All Pakistan Cement Manufacturers Association (APCMA), domestic sales during August 2015 increased by 28 per cent to 2.494Mt from 1.94Mt a year earlier. Dispatches from the North Zone were up by 22.8 per cent YoY to 2.024Mt (August 2014: 1.648Mt), while in the South Zone sales increased to 0.47Mt from 0.3Mt in the same month of the previous y...

India: Sagar Cements reports rise in monthly output and sales

09 September 2015, Published under Cement News

India-based Sagar Cements Ltd on Tuesday reported a 6.87 per cent rise in output during August 2015 to 114,600t compared to 107,236t a year earlier. Dispatches during August 2015 stood at 113,380t, an increase of 5.23 per cent, compared to 107,749t in August 2014. Earlier this month the company completed the acquisition of a 100 per cent shareholding in BBM Cements. BMM Cements has now become a wholly-owned subsidiary of Sagar Cements.

Pakistan monthly sales ahead despite heavy rains

12 August 2015, Published under Cement News

Pakistan’s domestic cement dispatches increased by 4.19 per cent in July 2015 to 1.8Mt. Exports, however, declined by 7.45 per cent to 465,000t. Total cement dispatches during the first month of the current fiscal year reached 2.26Mt, a slight increase of 1.56 per cent YoY. The increase in domestic sales was achieved despite heavy rains that affected construction activity in many parts of the country. Dispatches in the North Zone reached 1.52Mt from 1.42Mt a year earlier. However, ...

Pakistan – preliminary figures: MoM sales down by a third

03 August 2015, Published under Cement News

Pakistan cement sales fell by 33 per cent in the first month of FY15-16 to 2.19Mt, preliminary data from AHL Research shows. During July 2015, domestic demand dropped by 36 per cent MoM to 1.74Mt while exports were down by 17 per cent to 499,000t, data from the report published in the Tribune (Pakistan), revealed. On a regional basis, exports were down 27 per cent MoM but rose by six per cent in the southern region. The decline in sales is attributed to Ramadan as well as a reduction in...

Vicem half-year sales dip 0.5%, Vietnam

22 July 2015, Published under Cement News

Vietnam Cement Industry Corporation (Vicem), the country’s leading state-owned cement producer, said its cement and clinker sales slipped 0.5 per cent to 10.73Mt in the first half of 2015. Of the volume, 9.58Mt were sold in the domestic market (+7.1 per cent YoY) while 1.15Mt were exported (-37.7 per cent). In the first half of this year, Vicem produced 8.36Mt of clinker and 9.2Mt of cement, rising five per cent and 6.1 per cent YoY, respectively. As of June 30, Vicem had 1.75Mt of ce...

ACC quarterly profit down 45% on subdued demand, India

20 July 2015, Published under Cement News

Indian cement major ACC Ltd reported a 45.1 per cent drop in consolidated net profit for the second quarter of the calendar year to INR133.5 crore on the back of challenging market conditions and subdued demand. Consolidated total income of the company fell by 2.1 per cent to INR3,037.1 crore in April-June 2015 quarter from INR3103.2 crore in the same quarter of 2014 fiscal, it added. The company attributed the decline in net profit to challenging market conditions. “Overall constructio...

Ecuador first-half sales reach 2.88Mt

20 July 2015, Published under Cement News

Ecuador cement sales reached 2.88Mt in the first six months of this year, the Institute of Cement and Concrete (INECYC) has reported. In June 2015, dispatches reached 488,777t – an increase of 2.45 per cent compared to 477,111t in the month before, the data reveals.

Shiva Cement first quarter dispatches up 16% YoY

20 July 2015, Published under Cement News

India-based Shiva Cement's dispatches of cement and clinker during the first quarter of FY15-16 rose by 16 per cent YoY, the company said in a statement to the Bombay Stock Exchange. Shiva Cement owns a 0.132Mt plant in Orissa in eastern India. Its natural marketing territory is Odisha, West Bengal, Jharkhand and Bihar states. Growth plans over the coming years include a Phase one expansion of up to 1Mta, followed by Phase 2 expansion taking capacity to more than 2Mta. Additional land a...

Polish production up 4.1% in June

15 July 2015, Published under Cement News

Cement production in Poland increased by 4.1 per cent YoY to 1.55Mt in June, while sales were up by 7.2 per cent to 1.59Mt, Poland's Cement Producer Association said in a statement. Year-to-date production rose by 2.1 per cent YoY to 7.19Mt. Year-to-date sales were up by 2.5 per cent to 7.33Mt.