Cement News tagged under: Exports
Pakistan's exports surge in October24 November 2020, Published under Cement NewsPakistan’s cement industry earned a revenue of US$105.54m from exporting 3.23Mt of cement and clinker in the 4MFY20-21, compared with US$94.4m from 2.437Mt of exports in the year-ago period, according to the Federal Bureau of Statistics (FBS). The dispatches represent an 11.8 per cent YoY increase in dollar value terms and a 32.5 per cent growth in quantity. In October 2020 exports were up 24.8 per cent MoM to 1.023Mt from 820,107t in September. Revenue from exports also increased 19.7 pe... |
Beni Saf starts clinker exports to Mauritania23 November 2020, Published under Cement NewsGICA-owned Beni Saf Cement in Algeria started exports of clinker with a 13,000t shipment from the port of Ghazaouet to Mauritania on 18 November 2020. The company’s exports are in line with the government’s policy of promoting the country’s non-hydrocarbon exports. GICA has exported to Benin, Cameroon, Côte d’Ivoire, Gambia, Ghana, Guinea, Mauritania and Senegal. |
Saudi: a belief in brighter days17 November 2020, Published under Cement NewsSome of the shine has been taken off Saudi Arabia’s cement market as a result of the COVID-19 pandemic and lower oil prices. However, the sector remains relatively healthy and the housing market is expected to continue driving demand, while the implementation of mega projects could be a game-changing catalyst. By EFG Hermes, Saudi Arabia. Saudi Arabia’s long-term potential trumps short-term challenges Despite the COVID-19 shock, cement demand in Saudi Arabia is expected to grow ... |
Iran's cement production rises 14% YoY17 November 2020, Published under Cement NewsIran's cement production in the first six months of the year (starting in March 2020) rose 14.4 per cent YoY to 35.63Mt, compared with 31.15Mt in the year-ago period, according to data provided by the Ministry of Industry, Mines and Trade. According to the Islamic Republic of Iran Customs Administration (IRICA), in the first five months of the current Iranian calendar year it has exported 5,847,201t of cement, worth more than US$127.9m, to 28 countries. India, Afghanistan, Russia, Iraq... |
Indonesian domestic cement demand falls 10% in 3Q2016 November 2020, Published under Cement NewsIndonesia's cement demand fell 9.7 percent to 17,499,807t in the 3Q20 from 19,384,326t in the 3Q19, according to the Indonesian Cement Association (ASI). The decline in domestic cement consumption was mitigated by a 62.4 per cent surge in exports, which increased to 3,128,985t in the 3Q20 from 19,384,326t in the year-ago period. Of this total, 2,725,493t of clinker was exported, up 79.3 per cent YoY, and 403,492t of cement, down 0.7 per cent YoY. Domestic sales plus exports in t... |
Peru’s domestic and export cement deliveries pick up in October13 November 2020, Published under Cement NewsPeruvian cement producers dispatched 1.255Mt of cement in October 2020, up 16.4 per cent YoY, according to the country’s cement association, Asocem. In October 2019 dispatches reached 1.078Mt. Deliveries were also up when compared with September 2020, when they were 1.096Mt. Cement production by Asocem members advanced 17.3 per cent YoY and 14.1 per cent MoM to 1.147Mt in October 2020 while clinker output fell 26.2 per cent YoY but increased eight per cent MoM to 0.65Mt. This output was s... |
Dangote posts 12% rise in 3Q revenue09 November 2020, Published under Cement NewsDangote Cement plc reported a revenue of NGN761.4bn (US$1.987bn) in the nine months ended 30 September 2020, representing a 12 per cent YoY rise when compared with 9M19, according to a statement by Michel Puchercos, group CEO. Group EBITDA advanced 17.1 per cent to NGN355bn. “The Cement Group’s revenue went up by 12 per cent to NGN761.4bn compared to NGN679.8bn in 2019 with domestic operations accounting for NGN535.51bn which compared to NGN467.88bn up by 14.5 per cent. Pan-Africa operati... |
Argentina’s cement market expands 13% in October06 November 2020, Published under Cement NewsArgentina’s cement consumption picked up by 12.7 per cent YoY in October 2020 as it increased to 1,070,118t (October 2019: 948,931t), according to the country’s cement association, AFCP. The domestic cement requirement was entirely met by Argentine cement plants. In addition, these exported 15,122t of cement, up 50.9 per cent YoY from 10,019t in October 2019. January-October 2020 However, in the first 10 months of 2020 the cement market contracted 18.4 per cent YoY to 7.672Mt from 9.39... |
US claims 18% of Turkey's cement exports in the 9M2003 November 2020, Published under Cement NewsThe USA represented an 18 per cent share of Turkish cement exports during the first nine months of the year, the largest share amongst the export destinations, according to the Turkish Statistical Institute (TurkStat). In total, Turkey exported US$118.3bn worth of goods during the period in question. Around TRY7.7bn (US$923m) of this was made by the cement industry. In the January-September period, the value of cement exports to the US reached US$164m, followed by Israel (US$103.7m) an... |
Algeria exports to Dominican Republic03 November 2020, Published under Cement NewsAlgeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has exported some 550,000t of clinker since the start of the year to African and South American countries, including Senegal, Côte d’Ivoire, Guinea, Peru and Brazil, according to GICA. |