Cement News tagged under: Dispatches

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Indonesia sees 3% rise in Feb sales

10 March 2016, Published under Cement News

Cement sales in Indonesia rose three per cent YoY to 4.45Mt in February 2016 from the same month one year earlier. Widodo Santoso, chairman of the Indonesia Cement Association (ASI), attributed the country's rising cement sales to the ongoing development of infrastructure projects across the archipelago. Three regions showed a marked increase in cement sales last month: Sumatra (+16.5 per cent YoY to 2.13Mt), Sulawesi (+33 per cent YoY to 841,000t) and the Moluccas & Papua (+31 per c...

Brazil: monthly sales fall 6.1%

10 March 2016, Published under Cement News

Cement sales in Brazil totalled 4.6Mt, down 6.1 per cent compared to the same month a year earlier, according to preliminary results and market estimates gathered by Brazilian National Cement Industries Union, SNIC. Cumulative sales over the last 12 months (ie, March 2015 - February 2016), reached 63.1Mt, down 9.5 per cent versus the comparative period of the year earlier (ie, March 2014 - February 2015).

Pakistan 8MFY16 dispatches rise on higher domestic demand

07 March 2016, Published under Cement News

Pakistan cement dispatches rose 17.49 per cent to 20.89Mt during the first eight months (July-February) of 2015-16 from 17.78Mt in the same period last year. However, exports declined by 24 per cent to 3.8Mt from 5Mt in July-February 2014-15. Total dispatches during the period increased to 24.76Mt from 22.78Mt a year ago, an increase of 8.69 per cent. In February 2016 local sales rose 30 per cent while exports, for the first time since December 2014, showed a slight increase of 1.47 ...

Vietnam Jan-Feb sales up 6% YoY

04 March 2016, Published under Cement News

Companies in Vietnam sold 9.44Mt of cement and clinker in the first two months of this year, rising six per cent from a year earlier and fulfilling 12.42 per cent of the whole-year target, the Building Material Department under the Ministry of Construction said. Of the sum, 7.26Mt of cement were sold at the domestic market, up nine per cent YoY, while 2.18Mt were exported, down three per cent YoY. In February the country’s cement sales fell 53 per cent from January and 4.4 per cent from...

Semen Indonesia eyes 4-5% first-half sales growth

04 March 2016, Published under Cement News

Semen Indonesia expects cement sales to grow between 4-5 per cent in Jan-Jun, driven by the government's push for infrastructure projects, Bisnis Indonesia reported quoting Suparni, president director of the company. For full-year 2015, the company reported an 18.7 per cent drop in net profit to IDR4.52trn (US$336.56m) due to the increase in electricity and distribution costs, as well as the depreciation of the rupiah against the US dollar. Total sales volumes rose by 0.4 per cent to ...

ASI hopes infrastructure development and housing will boost Feb sales

02 March 2016, Published under Cement News

Following the positive start to 2016, the Indonesia Cement Association (ASI) hopes to see an increase in February cement sales on the back of the government’s 1m-unit housing programme and infrastructure development in villages (for which the government allocated IDR47trn in the 2016 State Budget). Earlier this week, Indonesian Finance Minister, Bambang Brodjonegoro, said the government's spending on infrastructure projects in the first month of the year had increased 15 times to IDR1.5trn ...

Semen Indonesia full-year net profit falls

24 February 2016, Published under Cement News

PT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier. In its financial report published Tuesday, the company's 2015 revenues totalled IDR26.95trn, virtually flat from the IDR26.99trn in 2014 amid sluggish demand. The company's president director Suparni attributed the fall in net profits to the increase in electricity and distribution costs, as well as the depreciation of the rupiah against the US dollar, lo...

Pakistan: Cherat Cement 1HFY16 profit rises 6%

12 February 2016, Published under Cement News

Pakistan producer Cherat Cement Co reported a profit after tax of PKR676.2m (US$6.48m) in the first half of FY16 versus PKR639.8m a year earlier, which translates to a six per cent YoY rise. The company reported stable dispatches (+1 per cent) stemming from rising domestic sales which were up by 13 per cent YoY. The advance in local dispatches was attributed to an acceleration in private sector construction activity and the partial materialisation of the projects under the government's bu...

Domestic sales drive Pakistan dispatch growth

08 February 2016, Published under Cement News

Pakistan cement dispatches increased by 6.38 per cent to 21.3Mt in the first seven months of the current fiscal compared to 20Mt in the corresponding period of FY14-15, according to the All Pakistan Cement Manufacturers Association. The increase is attributed to robust growth in domestic dispatches, which rose by 15 per cent YoY to 17.9Mt. Exports, on the other hand, declined by almost a quarter to 3.4Mt from 4.5Mt a year earlier. Closer analysis of domestic dispatches shows shipments f...

Philippines: double-digit rise in cement sales

04 February 2016, Published under Cement News

Cement sales in the Philippines increased by a strong 14.4 per cent YoY in 2015 to 24.36Mt, according to figures by the Cement Manufacturers' Association of the Philippines (CeMAP). CeMAP president Ernesto Ordoñez said the increased sales was brought about by the large budget by Public Works Department for infrastructure development, private sector confidence in government and new housing projects with low interest rates. Favourable weather conditions with reduced rains during the year a...