Cement News tagged under: Exports
Central Bank of Pakistan reviews progress of cement industry in FY1819 October 2018, Published under Cement NewsThe State Bank of Pakistan has released its annual report on Pakistan's economy for the fiscal year 2017-18. According to the report, the growth momentum gained further strength as the economy achieved its 13-year highest real GDP growth of 5.8 per cent in FY18. The GDP growth was also broad-based, as all the three sectors – agriculture, industry (including cement) and services – contributed positively to this acceleration, the report highlights. The cement industry, with more than one-fi... |
Belarusian cement exports to be sold through commodity exchange19 October 2018, Published under Cement NewsFrom 1 January 2019, approximately 200,000tpa or 10 per cent of Belarus’ total cement exports will be available to purchase from the Belarusian Universal Commodity Exchange (BUCE), according to Roman Yaniv, press secretary of BUCE. Selling cement through this arrangement means that the country will be able to diversify target markets. Vladimir Kiselev, director general, Belarusian Cement Co, has stated that the company is ready to sell any amount of cement through the commodity exchange. ... |
Turkey’s overseas view18 October 2018, Published under Cement NewsThe Turkish cement industry has seen its export volumes rise from year on year, making it Europe’s largest cement exporter and the third-largest in the global rankings. Key exporters include Batiçim, Nuh Cement and Medcem, all of whom benefit from well-equipped export operations in strategic locations. By Turkish Cement Exporters’ Association, Turkey. Turkey’s surplus capacity has enabled the country to build an extensive export base Turkey’s total domestic cement sales reached ... |
Al Jouf Cement to supply Palestinian market18 October 2018, Published under Cement NewsAl Jouf Cement of Saudi Arabia has signed an agreement with Palestine-based Sanad Trading and Marketing to export 50,000t of cement and clinker annually. Al Jouf made the announcement in a bourse staement on Thursday and said the finanical deal will show in mid-4Q18. Sanad is the largest distributor of cement in Palestine and meets 65 per cent of cement demand. |
Bangladesh cement exports rise July-Sept17 October 2018, Published under Cement NewsBangladesh's cement industry recorded export revenue of US$3.17m during July-Sept 2018 compared to US$2.72m of the corresponding year-ago period, according to the Bangladesh Export Promotion Bureau. This is an increase of 16.54 per cent YoY. The export figure also includes a minor amount of salt, stone and related products. Bangladesh’s government has set an export target of US$14m for cement industry for the financial year 2018-19 (June-July), against US$12.59m from last fiscal year. T... |
Oficemen downgrades growth forecast11 October 2018, Published under Cement NewsCement producers have reduced their growth forecast for 2018 from 12 per cent to seven per cent, according to Oficemen, Spain’s cement association. They attribute the lower growth rate to the economic slowdown and “paralysis” that governs the execution of public work. The extra demand generated by new housing is unable to offset the lower civil works activity, which accounts for the majority of cement consumption, according to the association. The construction of flats now accounts for 28 ... |
APCMA reports cement dispatches bounce back in September10 October 2018, Published under Cement NewsThe All Pakistan Cement Manufacturer Association (APCMA) reports that domestic cement dispatch for September 2018 bounced back after two months of lacklustre growth, registering a double-digit increase compared with the same month of last year. The Pakistan cement industry dispatched 3.806Mt of cement in September 2018 against 3.201Mt in same month last year, a growth of 18.9 per cent YoY. Northern region dispatches were 2.45Mt, an increase of 3.5 per cent against 2.369Mt in September... |
Power Cement expects real estate to increase sales08 October 2018, Published under Cement NewsWhile other southern cement producers have been wary of a slowdown, Power Cement Ltd (PCL), owned by the Arif Habib Group, has a need for expansion. "The Power Cement plant will start production on full capacity in June 2019 and it will produce 7700tpd of clinker and 9600tpd of cement," said Kashif Habib, the company's CEO. PCL, formerly Al-Abbas Cement, has developed its business through the construction of high-rise buildings and housing in Kerachi, Hyderabad, Thatta, Kotri and outher so... |
Argentina’s cement demand falls 11% in September04 October 2018, Published under Cement NewsThe Argentine cement market contracted by 10.6 per cent YoY in September 2018 to 1.012Mt from 1.132Mt in September 2017, according to provisional data by AFCP, the country’s cement association. The figure includes 1.01Mt of deliveries by domestic producers, down 9.5 per cent YoY, and 1970t of imports, a significant drop from 10,122t in September 2017. Argentine producers supplied 1.016Mt of cement to the market in September 2018, representing a YoY decrease of 9.9 per cent. Of this total... |
Pakistan records a 6% demand increase in September28 September 2018, Published under Cement NewsPakistan recorded a six per cent YoY growth in cement demand for September 2018, based on preliminary sales data. This follows two consecutive months of a decline in dispatches due to prolonged holidays and the rainy season, with local dispatches still down two per cent YoY to 8.89Mt in the 1QFY19. However, exports remained buoyant in the first quarter of FY19, rising 74 per cent YoY to 0.7Mt. Capacity utilisation was recorded at 81 per cent for September, based on 54.23Mta, according to t... |