Cement News tagged under: Exports

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Tabuk Cement wins clinker export order to Yemen

22 March 2019, Published under Cement News

Tabuk Cement of Saudi Arabia has won an order to export 500,000t of clinker to Golden Oil Co in Yemen. The contract will conclude by the end of 2019, according to a bourse statement. The financial impact will be reflected in Tabuk Cement's financial business report in the 2Q19. Tabuk Cement operates an integrated cement plant at Duba port producing 1.2Mta of cement.

Qassim Cement to export 120,000t of cement to Kuwait

21 March 2019, Published under Cement News

Saudi Arabia’s Qassim Cement Co has signed an agreement with Kuwait-based Al-Arada Building Materials Co to export 120,000t of cement. While no value for the deal has been released, the related financial impact is expected to show later in the year. The deal came into effect on 1 March and will be valid until the end of 2019, according to a bourse statement.

Exports of cement from Pakistan continue to swell in 8MFY19

19 March 2019, Published under Cement News

Pakistan Bureau of Statistics (PBS) data shows that the country's cement export value and volume rose during first eight months of the current FY18-19, despite dwindling exports of cement to Afghanistan and India.   Pakistan's cement industry received foreign exchange revenues of US$205.86m by exporting 4.83Mt of cement/clinker during the eight months of July 2018-February 2019, compared to US$149.71m at 2.98Mt in the same period last year, according to the PBS. This translates a YoY growth ...

US cement demand up 3% in 2018

18 March 2019, Published under Cement News

Apparent domestic consumption advanced 2.9 per cent from 97.4Mt in 2017 to 100.2Mt in 2018, according to the US Geological Survey (USGS). The higher sales volumes were supported by an increase in the average cement price from US$121/t in 2017 to US$126.50/t the following year. The rise in cement sales was attributed to a modest increase in construction spending as housing and public construction saw higher spending. The leading cement-consuming states continued to be Texas, California ...

Peru cement market contracts 5% in February

15 March 2019, Published under Cement News

National 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 ...

Whale Rock Cement starts sourcing local clinker

14 March 2019, Published under Cement News

Namibia's Whale Rock Cement, producer of the Cheetah Cement brand, has started to source clinker locally after initially sourcing it from Egypt, according to Zedekias Gowaseb, company chairman. "The clinker we import was from Egypt, that is no secret," said Mr Gowaseb. "From December 2018 we have already started to produce clinker from the Whale Rock mine," he added. Currently, the company’s cement products do not use the seal of approval from either the Namibia Standards Institute or ...

South Korea: new strategies

13 March 2019, Published under Cement News

As South Korea’s economy dips and government policies negatively influence infrastructure plans, the country’s cement industry remains at overcapacity amid stagnant levels of demand. Moving forward, producers must find new strategies to operate competitively in this challenging market. By Manas Tamotia, LEK Consulting, Singapore. With South Korean cement plants mainly located in the central and eastern coastal areas, cement producers face high distribution costs to deliver their pr...

SNIC reports rise in February sales but warns of uncertainty

13 March 2019, Published under Cement News

Cement sales in Brazil increased by 6.4 per cent YoY to 4.1Mt  in February 2019, according to the country's cement association, SNIC. According to SNIC President, Paulo Camillo, last month's results were directly influenced by the comparison of working days. "February's performance was increased by just two working days more than in February 2018 due to the carnival holiday. If we analyse the sales per working day the result of February is 3.2 per cent lower than the same month last year,"...

Argentinian demand stable, exports rise in February 2019

12 March 2019, Published under Cement News

Cement 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...

Vietnamese exports rise 15% in February

12 March 2019, Published under Cement News

Vietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price has increased 18.3 per cent YoY to US$42/t, according to the country’s Foreign Trade Agency. The three main export markets for Vietnamese cement were the Philippines, China and Bangladesh at 2.1Mt in February, accounting for more than 75 per cent of total exports. In the first two months of the year, exports were up 7....