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Ecuador records 5.6% rise in 2012 cement sales

26 February 2013, Published under Cement News

The Ecuadorian cement market expanded for a second year running as the Ecuadorian Institute of Cement and Concrete (Inecyc) reported a 5.6 per cent rise in dispatches. In 2012, the market absorbed 6.025Mt, an increase of 319,422t when compared with previous year’s figure. Per capita consumption rose from 386kg to 388kg in 2012. The advance represents a new record as deliveries surpassed the 6Mt mark for the first time. In 2010 and 2011, total cement sales reached 5.28Mt and 5.70Mt, respe...

Vietnam sees declines in MoM domestic and export sales

25 February 2013, Published under Cement News

Cement producers in Vietnam sold 3.6Mt to the domestic market in January, down 16.28 per cent from the month before due to a stagnant real estate market. The amount sold represents 7.4 per cent of the full-year target, Vietnam News Brief reported citing data from Vietnam’s Ministry of Construction (MoC). Exports also fell by 82.8 per cent MoM to 2.3Mt in January 2012, meeting 2.3 per cent of this year’s target. In 2012, the country’s cement and clinker sales were 53.61Mt, of which 4...

Lafarge improves operational performance

25 February 2013, Published under Cement News

Full-year 2012 results published by global cement major Lafarge showed strong growth in emerging markets and improvements in operational performance, and it now expects to meet most of its cost-cutting goal one year ahead of target.   Lafarge's turnover increased 3.5 per cent last year to EUR15,816m and EBITDA by 7.2 per cent to EUR3450m. The trading profit showed a 12 per cent recovery to EUR2440m while pretax profit was also ahead by 36.2 per cent. However, net profit declined by 27.2 per...

Fauji Cement swings to profit, Pakistan

22 February 2013, Published under Cement News

Fauji Cement reported a rise in net profit in the first half of FY13 compared to a loss in the same period of last year. The Pakistan-based producer also reported a strong rise in revenue due to higher selling prices. The company reported a net profit of PKR0.923bn in the first half of the current fiscal compared to a loss of PKR0.102bn in 1HFY12. Revenue reached PKR7.567bn in the period, up by 77 per cent compared to PKR4.257bn in FY12 thanks to a better pricing environment. Prices we...

Cementos Bio Bio raises output 8% in 2012

20 February 2013, Published under Cement News

Chilean cement producer Cementos Bio Bio increased its production by eight per cent YoY from 1.5Mt to 1.6Mt in 2012. As a result, the company, led by Hernan Briones, was able to maintain its 29 per cent market share. Over the same period, Bio Bio also raised its concrete sales by nine per cent from 2.4Mm3 to 2.6Mm3, holding its 27 per cent market share. Lime sales were 11.7 per cent higher at 583,000t. The company continues the expansion of its Copiapó lime plant, which represents a ...

Argentina’s cement plants deliver 4.4% more cement in January 2013

20 February 2013, Published under Cement News

Argentine cement plants delivered 913,336t of cement in January 2013, according to the latest data published by the country’s cement association AFCP. The January figure represents a 12.9 per cent increase MoM while when compared with January 2012, cement deliveries advanced by 4.4 per cent. Domestic dispatches, including imports, rose 12.8 per cent to 888,602t on the previous month, while YoY the increase was 3.2 per cent.

Ecuador’s cement market expands 18.7% in January 2013

19 February 2013, Published under Cement News

Ecuador saw a 18.7 per cent rise in cement demand in January 2013 as the market expanded from 452,647t in January 2012 to 537,391t last month, according to the latest figures published by the country’s cement association Inecyc. Last year, cement consumption in the South American nation reached 6.025Mt, up 5.6 per cent when compared with the previous year’s total of 5.706Mt. Cement demand in Ecuador has seen a steady rise from 4.141Mt in 2006, except in 2010 when it slipped back to 5...

Indonesia posts another double-digit rise in monthly cement sales

19 February 2013, Published under Cement News

Indonesia reported cement sales growth of 15 per cent in January 2013 on the back of a boom in property development and infrastructure projects. Cement sales increased to 4.65Mt for the first month of the year, according to the country’s leading cement producer Semen Indonesia citing data from the Indonesian Cement Association (ASI). The January sales rise also follows 15 per cent growth recorded in December. In terms of regional dispatches, sales to the main island of Java rose 19.4 p...

Spain’s cold spell continues as January demand drops 21.5% YoY

19 February 2013, Published under Cement News

Spanish cement producers have had a frosty start to the year as cement consumption continues to fall. January 2013 data show a 21.5 per cent decrease to 892,783t from 1.138Mt recorded in January 2012, according to the country’s cement association Oficemen. Local cement producers have also cut output by 30.7 per cent to 948,443t when compared to the 1.369Mt manufactured during January 2012. “If 2012 was one of the worst years ever known the cement industry in our country, starting in 20...

Nigeria: managing the surplus

18 February 2013, Published under Cement News

Earlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the country's recent drive to increase volumes resulting in the present-day overcapacity situation, particularly in the southwest, how will the market deal with the situation and what measures are producers taking to manage the surplus?   The last two years have seen Nigeria come of age, at once becoming sel...