Cement News tagged under: Exports
Peru sees February consumption edge up19 March 2018, Published under Cement NewsCement demand in Peru increased by 1.4 per cent YoY in February 2018 to 0.824Mt from 0.812Mt, according to the latest data by Asocem, the country’s cement association. When compared with January 2018, the decline is 1.4 per cent from 0.861Mt. Cement sales by domestic producers in Peru slipped 0.2 per cent YoY to 0.735Mt in February 2018. When compared with the previous month, the decline was 7.8 per cent from 0.798Mt. Cement production in February 2018 fell to 0.717Mt from 0.802Mt in J... |
PPC Zimbabwe to resume exports19 March 2018, Published under Cement NewsPPC Zimbabwe says it will leverage on an enhanced export incentive which the cement producer has been granted by the Reserve Bank of Zimbabwe (RBZ) to break even and resume exports despite high production costs, according to The Zimbabwe Independent. The central bank has approved the company’s application for an export incentive above the usual five per cent. PPC Managing Director Kelibone Masiyane said that the company’s export levels have dropped from 0.1Mta in 2014-15 to zero as cu... |
Cement exports from Bangladesh on the rise19 March 2018, Published under Cement NewsBangladesh's cement industry earned export revenues of US$8.8m during the first eight months of FY17-18 (July 2017-February 2018), compared to US$5.93m earned in the year-ago corresponding months, reports the Export Promotion Bureau (EPB). This equates to a 49 per cent increase in exports YoY with India the main destination for cement exports. The export figure also includes a minor amount of salt, stone and related products, but the country's export promotion bureau has appreciated the ... |
Vietnam exports 2.6Mta of cement in February16 March 2018, Published under Cement NewsIn February 2018 Vietnam exported 2.6Mt of cement, representing a hike of 30 per cent YoY, according to Vietnam’s Ministry of Construction. Domestic cement consumption rose 11 per cent YoY to 5Mt. For the first two months of 2018, nearly 18.6Mt of cement were sold, including 5.5Mt exported, representing a rise of 121 per cent when compared with January-February 2017. |
LafargeHolcim Algérie targets 5Mt of exports to west Africa16 March 2018, Published under Cement NewsFollowing its first export shipment of cement to Gambia in December 2017, LafargeHolcim Algérie plans to export 5Mt of cement to west Africa by 2020, according to Serge Dubois, the company’s communications director. Exporting "cannot be done without the mobilisation of public authorities,” Mr Dubois said. “The State is speeding up the signing of the association agreements with the ECOWAS countries, and it is the only market available and within reach of the Algeria, especially as that of ... |
Brazil's cement demand largely stable in February14 March 2018, Published under Cement NewsBrazilian cement demand reached 3.872Mt in February 2018, down 0.8 per cent from 3.902Mt reported in the year-ago period, according to the latest data from the country's cement association, SNIC. Sales in the northern region dropped by 16.9 per cent YoY to 0.167Mt from 0.167Mt, the largest regional contraction in the country in February 2018. The northeast and southeast saw demand decrease by 5.1 and 0.5 per cent, respectively, when compared with February 2017. This resulted in a demand o... |
Saudi Cement companies await upturn on 2Q18 export sales14 March 2018, Published under Cement NewsSaudi cement companies' sales in February fell 11 per cent 3.63Mt compared to sales of 4.09Mt in February 2017. However, analysts are confident that 2Q18 sales will increase on the back of higher exports. Asharq Al-Awsat reported that Saudi Arabian cement companies will rely on completing domestic construction projects and increased exports to raise revenues in 2Q18. "Saudi cement companies are positioned to boost sales in the second half of this year," said economic specialist Faisal ... |
Vietnam cement sales increase 38% to 7.62Mt in February13 March 2018, Published under Cement NewsVietnam sold 7.62Mt of cement in February, representing a 38 per cent YoY hike and 22.9 per cent of the full-year target, according to the Vietnam Building Material Association, Ministry of Construction. The domestic market accounted for 5.02Mt, showing an 11 per cent expansion when compared with the year-ago period. This includes 1.96Mt sold by the Vietnam Cement Industry Corp (Vicem). Around 2.6Mt were exported in February, a 30 per cent YoY rise. In the first two months of 2018, di... |
Facing an oversupply challenge08 March 2018, Published under Cement NewsIndonesia’s cement market saw a significant expansion in 2017 despite economic woes. While the country’s property market performs below par, cement producers are pinning their hopes on the government’s ambitious infrastructure development programme to avert the threat of oversupply going forward. By the Indonesian Cement Association and ICR Research, UK. Faced with an oversupply and a stagnant housing market, Indonesia’s cement producers are pinning their hopes on the government’s ... |
US cement shipments reach 6.3Mt in December08 March 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico grew by 3.5 per cent YoY to 6.3Mt in December 2017, according to the US Geological Survey (USGS). The largest state markets in the country were Texas, California, Florida, Georgia and New York (in descending order), which accounted for 43 per cent of total US shipments. The leading producing states for Portland and blended cement were California, Texas, Missouri, Florida and Alabama in descending order. In th... |