Cement News tagged under: Volumes

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Taiwan Cement operating at full rate, China

14 March 2013, Published under Cement News

Taiwan Cement Corp (TCC) is operating at full utilisation rates in China due to increased demand, the company has said. TCC said that workers have returned to construction sites across the country following the Lunar Year holiday and projects are expected to gather speed, stated reports in the Liberty Times. A recent product price recovery also shows a tighter supply of cement in China, TCC said, adding that the price rebound is expected to continue. Currently, the company operates in...

Brazil February cement sales edge ahead

13 March 2013, Published under Cement News

Cement sales in the Brazilian cement market in February 2013 reached 5.1Mt, up 2.2 per cent on the same month of last year, according to data released by Sindicato Nacional da Indústria do Cimento. For the first two months of 2013, sales were 10.6Mt an increase of 1.8 per cent YoY. In 2012, domestic sales reached 68.3Mta, an increase of 6.9 per cent over 2011 (63.9Mt).

Thatta Cement majority shareholder shares stake to consortium

11 March 2013, Published under Cement News

The majority shareholder of Thatta Cement, Pakistan, has sold its stake to a consortium of four private companies. In an announcement sent to the Karachi Stock Exchange last week, Arib Habib Corp (AHC), along with its subsidiaries, said it has sold its 61 per cent holding in Thatta Cement to the consortium PKR24.16/share. The total value of the transaction is approximately PKR1.46n (US$14.75m). Two private buyers companies, Sky Pak Holding and Al-Miftah Holdings each bought 22.7 per cen...

UltraTech sales decline 6% in February

07 March 2013, Published under Cement News

UltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market. The Aditya Birla group company sold 3.31Mt of cement last month compared to 3.51Mt in the same period of last year. Production during February 2013 also dropped to 3.32Mt compared to 3.46Mt in February 2012. The company did not elaborate as to why sales were slower, but industry experts said the winter seasons a...

Pakistan eight-month sales ahead

05 March 2013, Published under Cement News

Pakistan sales increased 3.2 per cent over the first eight months over the current fiscal, according to initial data released by the All Pakistan Cement Manufacturers Association (APCMA). A breakdown of figures over the eight month period from July 2012 to February 2013 shows that domestic sales grew by six per cent to 15.7Mt but export fell by 4.3 per cent to 5.4Mt The local sales showed growth due to accelerated Public Sector Development  Programme  (PSDP) spending by the government ...

US shipments ahead by 9% in 2012

04 March 2013, Published under Cement News

Total shipments of Portland and blended cements in the US and Puerto Rico in 2012 reached 79Mta, up by about nine per cent YoY, according to the latest data from the US Geological Survey. Imports for the year to December 2012, meanwhile, were up by about eight per cent YoY. In December 2012 shipments were about 4.8Mt, slightly less than the same month of the year before.  The leading producing states in December were Texas, California, Missouri, Florida and Pennsylvania in descending orde...

Vietnam Jan-Feb production rises 16%

01 March 2013, Published under Cement News

Vietnam is estimated to have produced 8.2Mt of cement in the first two months of this year, up 16 per cent from a year earlier, according to the government’s General Statistics Office (GSO) said. In February, the country’s cement output is likely to have fallen by 23.91 per cent from January and nine per cent from the same month of last year to 3.5Mt, the GSO said in a monthly report released late Tuesday. The office revised the country’s cement output in January to 4.6Mt from the earlier ...

Pakistan exports volumes fall, rise in value terms

28 February 2013, Published under Cement News

Pakistan exports during the first seven months of the current fiscal year (FY12-13) fell 0.52 per cent to 5.076Mt, according to data released by Pakistan’s Federal Bureau of Statistics. In terms of value, however, exports rose by 24.67 per cent to US$273.33m. The average export price of cement increased by 25.31 per cent to US$67.12/t in the seven months from US$53.56/t of 7MFY 2011-12 In January 2012 alone, Pakistan exported 488,884t of cement and earned US$36.25m compared to 90...

Lebanon sees declining deliveries in 2012

28 February 2013, Published under Cement News

Lebanon cement deliveries dropped by 4.4 per cent YoY in 2012 to 5.308Mt. The decline in cement deliveries and construction permits (which fell by 11.7 per cent in 2012) confirms the slowdown or delay in the initiation of construction projects, according to local press reports. During December 2012, cement deliveries dropped by 17.7 perc ent from the same month of 2011 to reach 367,000t. Indeed, every month during 2012 registered a YoY decline. (Source: The Daily Star)

Holcim Philippines sees surge in full-year net profit

28 February 2013, Published under Cement News

Holcim Philippines has reported an 80 per cent YoY rise in net profit as it gains from improvements in operating and process efficiencies as well as a strong rebound in local demand. Net profit for the 12 months to the end of December 2012 climbed to PHP3.63bn from PHP2.03bn the year before. Revenues also rose 25.62 per cent from PHP21.62bn to PHP27.16bn. The company’s chief executive officer Eduardo Sahagun said that 2012 was one of the domestic industry’s best years, as overall growt...