Cement News tagged under: capacity utilisation

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Cuban cement market sees 47% cement price hike

25 August 2017, Published under Cement News

Cement prices have increased 47 per cent from CUP112 (US$4.23)/42.5kg bag of P350 cement to CUP165. Lower-quality cement has seen its price jump from CUP89/bag to CUP109.20. Cuba’s cement industry is operating at only 58 per cent of its installed capacity due to logistic and power supply issues, according to Esmerk Latin American News. 

Pakistan: capacity utilisation exceeds 100 per cent in March

07 April 2017, Published under Cement News

According to figures released by the All Pakistan Cement Manufacturers Association (APCMA), cement dispatches for March 2017 reached 3.9Mt, up 23 per cent YoY with the industry running at full capacity during the month, reports the Daily Times. The rise in dispatches has been entirely driven by higher domestic consumption. In the nine months of the current Pakistani fiscal year, domestic demand rose by 10.9 per cent, while exports fell by 14.8 per cent, with the result that overall dispat...

Zimbabwe: PPC capacity utilisation “less than ideal”

10 March 2017, Published under Cement News

The managing director of PPC Zimbabwe, Kelibone Masiyane, has admitted that his firm’s capacity utilisation is “less than ideal” due to the downturn in the country’s economy, the Chronicle writes. Mr Masiyane said that reduced economic activity had led to a drop in demand for PPC’s output but insisted that conditions would improve in the short- to medium term. In November PPC Zimbabwe expanded its capacity in the country with the opening of a new grinding plant in Harare. 

Improving markets for 2017

09 January 2017, Published under Cement News

While 2016 appears to have seen limited growth in global cement consumption, improved fundamentals and returns are in store for 2017 as emerging markets are expected to nearly double their YoY growth rate. By John Fraser-Andrews, HSBC Global Research. Figure 1: emerging market (ex-China) volume growth to outstrip new capacity in 2017-2018E Source: International Cement Review, company data, HSBC estimates Figure 2: country cumulative (2010-2015) cement price variation less...

Indonesia: domestic cement sales weaken in November

09 January 2017, Published under Cement News

The first 11 months of 2016 Indonesian cement sales reached a total of 56.5Mt, up 2.8 per cent YoY from domestic cement sales in the same period one year earlier. However, domestic cement sales weakened 5.4 per cent MoM to 5.7Mt in November 2016, according to Indonesian Investments. Meanwhile, in the first 11 months of 2016 Indonesia exported 1.5Mt of cement, up a massive 52.2 per cent YoY. Semen Indonesia and Holcim Indonesia  saw their market share fall more than six per cent in Nov...

India: Dalmia Barat sees 20% volume growth in September

04 November 2016, Published under Cement News

Dalmia Bharat managed 20 per cent volume growth in the July-September quarter compared with the industry's volume growth of two per cent. Due to higher demand, its market share in northeastern India improved to 22 per cent in the Jul-Sep quarter from 16 per cent in the previous year. In the south its market share improved by 100 basis points to eight per cent. Factors such as gain in the market share, entry into new markets and exports helped higher volume growth at the company, says E...

Indonesia: September figures weaker

11 October 2016, Published under Cement News

Due to a lower demand from the domestic housing industry, Indonesian cement sales for the month of September fell 3.3 per cent to 5.64Mt compared to September of 2015, according to the Indonesian Cement Association (ASI). Cement sales fell in Java, Sumatra and Kalimantan, while eastern parts of the country including Sulawesi, Maluku and Papua saw growth, reports Widodo Santoso, ASI chairman. Java sales amounted to 3.11Mt for the month, a drop of five per cent YoY, Sumatra saw a decline of...

Morocco: 5M16 sales up 4%

22 July 2016, Published under Cement News

Cement sales in Morocco advanced four per cent in the first five months of 2016, according to the Department of Financial Forecast and Research of the country’s Ministry of Economy and Finance. During the same period, capacity utilisation in Morocco’s cement plants has improved by three percentage points to 64 per cent.

Subdued demand recovery outlook after 2015 nadir

06 January 2016, Published under Cement News

While global cement consumption in 2015 contracted, cement producers can look forward in 2016 to modest gains in demand, but the scenario remains mixed with higher demand unable to raise low capacity utilisation and cement pricing power. By John Fraser-Andrews, HSBC, UK. The year 2015 looks set to mark the first reduction in global cement consumption since 1990 (see Table 1), with HSBC forecasting a five per cent contraction in China (which accounts for over 70 per cent of global demand) ...

India: hopes of Budget boost

19 May 2015, Published under Cement News

After registering a robust advance of 10 per cent during the April-September 2014 quarter, Indian cement demand is expected to have slowed to just five per cent over the final six months of FY15. With full-year demand likely to have fallen short of expectations, a sustained high growth trajectory is now forecast in FY16. On the corporate front, M&A activity is hitting the headlines as Lafarge and Holcim receive country clearance for their proposed merger, while UltraTech Cement increases cap...