Cement News tagged under: Dispatches

RSS feed

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...

Indonesia: exports offset slower domestic sales

22 January 2016, Published under Cement News

Cement industry statistics show that full-year 2015 consumption in Indonesia increased by 0.8 per cent YoY to 60.4Mt, while including exports, sales were up by 2.1 per cent to 61.448Mt. While December 2015 showed a rise in Indonesian sales (+2 per cent including exports) the full-year figures are only modestly higher due to the poor sales in the earlier months of 2015. Exports (with a full-year increase of +209.9 per cent) offset relatively slow domestic sales. The country's largest c...

Vicem sales climb 4.2% in 2015

19 January 2016, Published under Cement News

State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said it sold about 22.97Mt of cement and clinker in 2015, rising 4.2 per cent from a year ago and fulfilling 96.3 per cent of the whole-year’s target. Of the volume, 20.87Mt of cement and clinker were sold in domestic market, up 11.2 per cent YoY, and 2.1Mt were exported, down 35.9 per cent. In 2015 Vicem’s clinker production climbed 3.8 per cent YoY to 17.12 Mt, while its cement output rose ...

Saudi Cement Co reports drop in 4Q profit

19 January 2016, Published under Cement News

Saudi Cement Co reported a 32.8 per cent drop in fourth-quarter net profit on account of lower sales and an impairment charge for two kilns. In the three months to the 31 December 2015, the cement producer posted a net profit of SAR180m (US$48.03m), down from SAR268m in the corresponding period of 2014, the company said in a bourse filing. The drop was attributed to lower sales, and booking an impairment for two kilns at its Hofuf plant. The company had said last month it would book a SAR...

Canada cement production down 12.2% MoM

18 January 2016, Published under Cement News

Cement manufacturers in Canada produced 1.11Mt of cement products in November, down 12.2 per cent from October, according to the country's national statistical agency. Data from Statistics Canada show domestic cement shipments fell 15 per cent from October to 1.08Mt in November. Including imports, shipments were down 19.9 per cent to 1.10Mt.

Vietnam sales up three per cent in 2015

15 January 2016, Published under Cement News

Companies in Vietnam sold 72.71Mt of cement and clinker in 2015, rising three per cent from a year earlier and exceeding the whole-year target by one per cent, the country's Ministry of Construction said. Of the total, 56.5Mt of cement were sold at the domestic market, up 11.1 per cent YoY, while 16.25Mt were exported, falling 17.3 per cent YoY and failing to realise the full-year export target of 20Mt. During the year the two cement plants were inaugurated, raising the total number of ...

Bestway boosted by Pakcem contribution

14 January 2016, Published under Cement News

Bestway Group of the UK, parent company of Pakistan's largest cement producer, announced that its consolidated turnover for the year ending 30 June 2015 increased by 20 per cent to GBP3.06bn from GBP2.55bn in 2014. Profit before tax for the year ended 30 June 2015 was up 39.9 per cent to GBP373.8m from GBP267.1m in 2014. All group businesses continued to be profitable, the group noted. Commenting on the results, group chief executive, Zameer Choudrey, CBE, said: “The past financial year has...

Brazil sees full-year fall in sales

14 January 2016, Published under Cement News

Brazilian cement sales in 2015 declined by 9.2 per cent YoY to 64.4Mt, preliminary data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) reveal. Dispatches were down in all five regions, with the steepest annual declines registered in Central-West (-12.5 per cent) and Southeast (-10.9 per cent), followed by the North (-7.8 per cent), South (-6.9 per cent) and Northeast (-5.7 per cent). Imports for the period totalled 504,000t, down 38 per cent YoY, ...

Indonesia cement sales rise 1.8 per cent in 2015

13 January 2016, Published under Cement News

Cement sales in Indonesia rose by 1.8 per cent to 61Mt in 2015 thanks to the latest surge of government infrastructure projects in the latter half of the year, thet Indonesia Cement Association (ASI) said on Tuesday. "We closed [2015] in a positive way," ASI chairman, Widodo Santoso, told the Jakarta Globe. Cement producers are now targeting between 4-6 per cent growth this year counting on government infrastructure projects, Widodo added.

Pakistan records increased domestic dispatches in first six months

11 January 2016, Published under Cement News

Pakistan cement industry saw noticeable growth during the first six months of the current fiscal on the back of higher domestic demand. The data released by the All Pakistan Cement Manufacturers Association (APCMA) revealed that dispatches during July-December 2015 (ie, 6MFY15-16) increased by 6.38 per cent to 18.21Mt compared with dispatches of 17.12Mt during the corresponding period of FY14-15. “It is to be noted that this growth is mainly led by domestic consumption which increased by a...