Cement News tagged under: Dispatches
Saudi August dispatches rise 29.8% YoY18 September 2014, Published under Cement NewsSaudi cement dispatches for August 2014 climbed to 3.96Mt, an increase of 29.8 per cent YoY and 47.8 per cent MoM, AlJazira Capital has stated in a report citing the data issued by Yamamah Cement Co. The YoY increase in dispatches is primarily due to the fact that part of Ramadan and the holiday season fell in August 2013. The significant MoM growth is attributed ti cement demand recovering after Ramadan. On a YoY basis, Arabian Cement and Najran Cement showed a strong rises in dispatches ... |
Vietnam approves Vicem privatisation schedule18 September 2014, Published under Cement NewsVietnam’s Ministry of Construction has approved the privatisation schedule of Vietnam Cement Industry Corporation (Vicem), the country's largest cement producer, under which Vicem will have to sell shares of its parent firm in October 2015. Vicem has been required to announce its corporate valuation by the end of April and submit its privatisation plan to the ministry by end-June, the Dau Tu newspaper reported. Vicem is one of the 432 state-run companies that have to undergo privatisati... |
Pakistan’s August cement dispatches higher08 September 2014, Published under Cement NewsTotal Pakistan dispatches during August increased by 23.2 per cent compared to the same month of last year with strong increases seen on both the domestic and export front. Latest data from the All Pakistan Cement Manufacturers Association shows that total dispatches reached 2.7788Mt last month compared to 2.254Mt in August 2013. Domestic cement sales increased by 23.6 per cent to 1.95Mt, compensating for a decline during July 2014. Meanwhile exports rose by 22.3 per cent to 828,000t. ... |
Lucky boosted by higher volumes and pricing03 September 2014, Published under Cement NewsPakistan’s largest cement producer, Lucky Cement, reported a net profit of PKR11.3bn (US$110.34m) for the fiscal ending 30 June 2014, up 16.4 per cent compared to PKR9.7bn in the previous year. Earnings growth was primarily supported by higher sales volumes and prices during the period. On a quarterly basis, earnings grew four per cent QoQ to PKR3.15bn. Revenue increased 14 per cent YoY to PKR43.08bn during FY14 because of a nine per cent rise in sales volumes to 6.62Mt and a 14 per ce... |
Vietnam Jan-Aug sales up eight per cent YoY03 September 2014, Published under Cement NewsCompanies in Vietnam sold 42.53Mt of cement in the first eight months of this year, up eight per cent YoY and meeting 68.6 per cent of the year’s target, the Ministry of Construction said. Of the total, 32.85Mt of cement were sold at the domestic market, up seven per cent YoY while 9.68Mt were exported, and increase of nine per cent YoY the ministry said. In August, the country’s cement sales rose two per cent from the previous month and three per cent YoY to 5.29Mt despite the rainy s... |
First-half US cement shipments up 7%29 August 2014, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico for the year through June 2014 reached 39.5Mt, up by about seven per cent from the same period in 2013. Latest data from the US Geological Survey shows that shipments during June 2014 alone were up by 11 per cent YoY to 8.3Mt. The leading cement producing states in June were Texas, Missouri, California, Michigan and Florida (in descending order), which accounted for about 43 per cent of the total output. The leading c... |
Eurocement first-half shipments rise, Russia18 August 2014, Published under Cement NewsIn the first half of 2014, Eurocement Group shipped over 450,000t of PC 500-D0-N grade cement, 24 per cent higher than the previous year. PC 500-D0-N cement is actively being used in the construction of road projects and is seeing particularly strong demand in the Moscow market. Projects using this Portland cement type include the high-speed M-11 highway from Moscow to St Petersburg, the M-4 Don routes, the fourth ring road in Moscow and traffic intersections on the M-10 highway. It is als... |
Pakistan sales decline in first month of new fiscal12 August 2014, Published under Cement NewsPakistan cement dispatches during the first month of the new fiscal (FY14-15) proved disappointing with both domestic and export sales registering YoY declines. Total sales during July 2014 fell 14.12 per cent to 2.23Mt compared to 2.6Mt, latest data from the Pakistan Cement Manufacturers Association (APCMA) shows. Domestic dispatches during July 2014 were down by 6.5 per cent YoY to 1.73Mt. Meanwhile, exports were 503,000t versus 749,000t during July 2013, representing a YoY decline o... |
Vietnam sales up 8% in first seven months12 August 2014, Published under Cement NewsVietnam sold 37Mt of cement in the first seven months of this year, up eight per cent from a year ago and fulfilling 59.75 per cent of the whole-year target, the country's Ministry of Construction said. Of the total, 28.5Mt was sold to the domestic market and 8.52Mt was exported, the Nhan Dan newspaper cited the ministry as saying Monday. In July, the country’s cement and clinker sales inched down one per cent from June but rose two per cent on a YoY basis to 4.98Mt. This volume comprised ... |
Philippine cement sales growth continues24 July 2014, Published under Cement NewsCement sales in the Philippines rose 3.2 per cent in the second quarter of this year, underpinned by public works projects and private sector construction activity. Latest figures from the Cement Manufacturers Association of the Philippines (CeMAP) show that member-companies sold 5.52Mt in the three months to the end of June 2013 compared to 5.349Mt in the same period of last year. First half sales rose six per cent to 10.718Mt versus 10.136Mt in 1H13. CemMAP president Ernesto Ordo... |