Cement News tagged under: Volumes

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Egypt sees signs of stablisation

05 November 2013, Published under Cement News

Signs of stability are beginning to emerge in the Egyptian cement market with visibility improving in several areas, a recent flash note by CM-CIC Securities highlights. The research house believes visibility is improving on several points. Firstly, volumes have been catching up since August and were up by 15 per cent during the month followed by a three per cent increment in September. Moreover, a better pricing scenario has been witnessed through 2013, with an increase of 15 per cen...

Eagle's 1H benefits from Lafarge acquisition

31 October 2013, Published under Cement News

First-half turnover for Eagle Materials to the end of September, including its share of the Texan cement joint venture with HeidelbergCement, advanced by 46 per cent to US$535.47m. The trading profit, which virtually trebled in the comparative period last year, rose by a further 111.7 per cent to US$112.95m. After a net interest charge that rose by 33.3 per cent to US$9750m, reflecting acquisition from Lafarge of two integrated cement works and a number of downstream assets at the end of ...

Holcim profit leaps, sales below expectations

16 August 2013, Published under Cement News

Holcim’s first-half results were boosted by higher net income but sales disappointed, particularly in India, the group's key market in Asia. For the full-year, the Swiss major now expects more muted earnings growth than previously forecast. For the first six months to the end of June, Holcim's turnover declined by 5.1 per cent to CHF9649m, or by 6.9 per cent in euro terms to EUR7847m.  The running EBITDA was 3.4 per cent lower at CHF1819m while the trading profit eased by 3.3 per cent to CH...

Vicem sales up 14.8% in first four months, Vietnam

10 May 2013, Published under Cement News

State-owned Vietnam Cement Industry Corporation (Vicem) sold 6.94Mt of cement and clinker in the first four months of this year, rising by 14.8 per cent YoY. Of the total, 6.9Mt of cement and clinker was sold in the domestic market, up 21.7 per cent YoY, while 41,000t of cement was exported, a rise of nine per cent, the corporation said on its website late Wednesday. In April, the corporation sold 1.94Mt of cement and clinker, up 3.7 per cent YoY, of which 1.5Mt of cement and 377,000t ...

Venezuela government sees per capita demand reaching the 300kg mark

08 May 2013, Published under Cement News

Venezuela’s cement consumption per capita is forecast at 300kg in 2013, in line with the National Plan, 2013-19, according to Vice President for Economy & Production and Minister for Industries, Ricardo Menendez. "Before the Bolivarian Revolution, per capita consumption was 130kg per person per year, only with the measures in the sector by Commander Chavez it climbed to 280kg" in 2012, he said in one of the plants of the Corporación Socialista de Cemento in Valles del Tuy, Miranda state. ...

Lafarge sales down on 1Q weather effect, confirms 2013 goals

07 May 2013, Published under Cement News

Lafarge reported a six per cent decline in sales in the three months to the end of March as it was impacted by harsh winter weather conditions and production issues in Algeria and Egypt. However, the group said its performance and innovations targets remain on track and the company is on course to achieve its net reduction goal of less than EUR10bn this year. First-quarter volumes were notably affected by a particularly long winter in Europe and North America, together with a high 2012 co...

US February shipments edge ahead

06 May 2013, Published under Cement News

Total shipments of Portland and blended cement in the United States and Puerto Rico for February 2013 were about 4.7Mt, slightly more than shipments in February 2012. Shipments for the year through to February 2013 were 9.6Mt, up by nearly three per cent, the latest data from the US Geological Survey (USGS) shows. The leading Portland cement producing states in February were Texas, California, Florida, Missouri and Alabama in descending order. The leading consuming states (Texas, Califo...

Saudi cement producers urged to maintain reserve supplies

02 May 2013, Published under Cement News

The government of Saudi Arabia is urging cement companies to maintain a strategic stockpile of cement to prevent future shortages. A directive to this effect was issued by the Commerce and Industry Minister Tawfiq Al-Rabiah, according to local press reports. Each company has has been asked to build up a strategic reserve (equaling a company’s two-month output) in addition to regular market supplies. Companies may face punitive action if they failed to adhere to the latest directives, the...

Lipetskcement increases first-quarter output, Russia

30 April 2013, Published under Cement News

Lipetskcement, part of the Eurocement Group, reported a 25 per cent increase in production during the first quarter of 2013, the company announced in a statement. The company produced 164,000t of cement in the three months to the end of March 2013, with the production of CEM 1 32.5 N being six times higher than the first quarter of 2012. The production of bagged cement in 1Q13 rose by 36 per cent YoY to 9307t compared to last year. Total shipments between Jan-March 2013 amounted to 153,0...

Cemex first quarter sales fall 8% in 1Q13

29 April 2013, Published under Cement News

Cemex' first quarter turnover declined by 5.3 per cent to US$3318.6m, while the EBITDA came off by 8.1 per cent to US$521.1m. Volumes were ahead in the USA and in the Philippines, but declined in most other markets. The trading profit was off by just 0.5 per cent to US$239.1m. The net interest charge increased by 9.7 per cent to US$360.7m, giving an underlying pre-tax loss 33.3 per cent higher at US$141.1m. Once the results from financial instruments and foreign exchange movements are tak...