Cement News tagged under: Exports
Bangladesh posts 101% cement export revenue growth in 3MFY2410 October 2023, Published under Cement NewsBangladesh has recorded 100.9 per cent YoY growth in cement export revenue to US$4.38m in the first three months (July-September 2023) of FY23-24 from US$2.18m earned in the same months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. A target of US$3.38m for three months was also surpassed by 29.6 per cent YoY. Bangladesh had set a higher target export revenue of US$15m for FY23-24 aga... |
Ukraine ready to lift import duty on Moldova10 October 2023, Published under Cement NewsUkraine is ready to end its anti-dumping duty on cement from Moldova by the end of 2023, according to the Ministry of Economic Development and Digitalisation of Moldova. The announcement comes after a meeting between the co-chairs of the Moldovan-Ukrainian Interdepartmental Commission on International Trade in Odessa. Along with the duty removal, the two countries also agreed to help remove other barriers to trade by simplifying border controls to optimise the flow of goods, review enviro... |
Italian cement production slips 1% in July05 October 2023, Published under Cement NewsItaly’s cement producers decreased their output by one per cent in July 2023 when compared with the previous year, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value advanced from 98 in June to 101 in July. In the first seven months of 2023 production fell by four per cent YoY. However, cement prices increased nine per cent YoY in July 2023, representing a deceleration in price rises from 13 per cent in June 2023. Compared ... |
Pakistan to expect a mixed trend in dispatches in September29 September 2023, Published under Cement NewsThe cement dispatch trend in Pakistan will likely be mixed in September 2023 due to monsoon rain and transport issues, according to Topline Pakistan Research. However, the All Pakistan Cement Manufacturers Association (APCMA) has yet to release official data to support or contradict this scenario. A mixed trend of dispatches was recorded during the first two months of the current financial year. The research house believes that Pakistan's total cement sales in September 2023 are expect... |
Maple Leaf Cement Factory reveals export risks25 September 2023, Published under Cement NewsMaple Leaf Cement Factory Ltd (MLCFL), subsidiary of Kohinoor Textile Mills , said it has achieved the highest sales of PKR62bn (US$211.7m) and the highest ever operating profit of PKR12bn in FY22-23. Further, the company installed new Line 4 during the last financial year, having a capacity of 7000tpd in Iskanderabad, Mianwali district, Pakistan, according to the detailed annual report of the cement factory, released on 21 September. Sales and exports The sales volume of 4.73Mt depi... |
Vietnamese cement market contracts 11% in August21 September 2023, Published under Cement NewsCement sales in Vietnam declined 11 per cent YoY to 4,471,258t in August 2023 when compared with August 2022, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales of 1,375,727t, down 12 per cent YoY, while other VNCA member companies saw sales fall by 16 per cent YoY to 995,531t. Non-VNCA member sales decreased by nine per cent YoY to 2,100,000t in August 2023. Exports Total exports in August 2023 declined 17 per cent YoY to 2,706,159t. Cement ... |
Cement demand in Spain falls 1% in 8M2320 September 2023, Published under Cement NewsCement consumption in Spain fell by 1.3 per cent in July and by 7.9 per cent in August 2023 when compared with year-ago volumes, according to the country’s cement association, Oficemen. In July demand declined to 1,208,697t and in August 1,058,267t of cement were sold. "Although the holiday months are usually moderate in consumption, this year other variables have been added: the post-electoral political uncertainty that affects both public works and private initiative, the negative data on... |
Pakistan's cement industry saw significant export growth in 2MFY23-2420 September 2023, Published under Cement NewsPakistan's cement industry saw significant growth in cement exports, both over land to Kabul and further afield by sea during 2MFY23-24 due to the depreciation of the Pakistani rupee and the falling prices of Afghan and local coal. According to AKD Securities Ltd, cement exports are expected to show growth going forward, driven by the viability of export prices, particularly in light of declining coal prices. IMS Research also believes that exports continue to demonstrate robust growth, p... |
Peru’s cement market contracts by 10% in August18 September 2023, Published under Cement NewsCement dispatches in Peru declined by 10 per cent YoY to 1.089Mt in August 2023 from1.211Mt in August 2022, according to the country’s cement association, ASOCEM. Of this total, ASOCEM members supplied 1.015Mt, down from 1.167Mt in August 2022. Non-members dispatched 74,000t, up from 44,000t in August 2022. However, when compared with July 2023, dispatches were up six per cent. Cement production in member plants was down 12 per cent YoY to 1.011Mt in August 2023 from 1.145Mt in the year-ag... |
Caribbean Cement to boost exports18 September 2023, Published under Cement NewsCaribbean Cement Co Ltd (CCCL) has exported 3400t of cement to the Turks and Caicos Islands, a volume it hopes to ramp up once its expansion plans are completed. The company is currently extending its kiln capacity as part of a US$40m investment plan, boosting production capacity by up to 30 per cent. “As soon as we have available product, available capacity, we will always sell it to Jamaica. This is our priority. However, there is a market out there for us. We will actively look for o... |