Cement News tagged under: capacity utilisation
Pakistan's producers turn to exports10 January 2024, Published under Cement NewsPakistan's domestic sales for the cement industry during the first half of the current fiscal year (1HFY23-24) have grown by a mere one per cent compared to last year. Ballooning construction costs, of which cement prices have contributed their part, have deterred demand. The recent implementation of the axle road regime has further sent prices hurtling forward as transport costs increase. This is unlikely to ease over the next couple of months, which will keep prices steady and looki... |
Pakistan’s cement industry utilisation expected to hover at 57% in FY2411 December 2023, Published under Cement NewsPakistan’s cement dispatches (ie, local sales plus exports including clinker) over the 5MFY23-24 period (July-November 2023) indicate total dispatches of 47Mt for the full fiscal year. If all goes well, this will translate into a capacity utilisation level of approximately 57 per cent. According to local media, this rate is low compared to the previous fiscal and substantially lower than in previous years when utilisation reached maximum levels, pushing cement manufacturers to invest in cap... |
Venezuelan cement industry operates 40% capacity09 September 2022, Published under Cement NewsThe cement industry in Venezuela is operating at 40 per cent of its installed capacity, according to Orlando Chirinos, president of the Cement Workers Federation (Fetracemento). “The cement industry is totally paralysed, technically, because it is below its production capacity. At the national level, the industry is using 40 per cent of its production capacity. We are talking of 9Mt that today is producing less than one million metric tons”, he expressed. He attributed the reduced capacit... |
Indonesian cement demand drops 9% in August08 October 2020, Published under Cement NewsIndonesian cement consumption in August declined 8.9 per cent to 5.86Mt in August 2020 when compared to August 2019, according to the Indonesian cement association, ASI. MoM a 7.5 per cent rise was reported. In the first eight months of 2020 total demand reached 38.47Mt with a capacity utilisation rate of 54 per cent. "Seeing the condition that up to August 2020 demand is still a deficit of 2.34 million tons, only exports can be expected to reduce the shortage of domestic [consumption]," s... |
India's capacity utilisation falls in the 2Q16 July 2020, Published under Cement NewsThe capacity utilisation of India’s top 10 cement producers fell to 52 per cent in the quarter ending 30 June, compared to 76 per cent in the year-ago period, according to The Hindu BusinessLine. The decline has been attributed to weak demand and logistics restrictions amid the COVID-19 pandemic. The lower capacity utilisation reportedly increased operational costs despite a dip in fuel and raw material costs. With the onset of the monsoon season and housing projects facing labour issues, d... |
Southeast Asia’s capacity conundrum09 June 2020, Published under Cement NewsSoutheast Asia’s vibrant cement industry faces a serious but not insurmountable challenge from the current COVID-19 pandemic. In the long-run, structural overcapacity will be the key force of change, as it exerts pressure on business models, forces consolidation and calls time on new capacity. Figure 1: ASEAN GDP growth rates, 2019A-2021F Southeast Asia, which in this article relates primarily to the 10 nations making up the Association of South East Asian Nations (ASEAN) includ... |
Brazilian cement sales reach 54.5Mt in 201910 January 2020, Published under Cement NewsDomestic cement sales in Brazil advanced 1.6 per cent YoY to 4Mt in December 2019, according to the country’s National Cement Industry Union (SNIC). In terms of sales per business day there was a 2.7 per cent YoY rise when compared with 2018. Apparent consumption in December was up 1.5 per cent YoY to 4Mt. For the full-year 2019 sales increased 3.5 per cent YoY to 54.5Mt, “the first positive result since 2014”, says SNIC in a statement. When viewed as sales per business day, the advance wa... |
DRC utilisation rate remains low25 November 2019, Published under Cement NewsThe Central Bank of Congo put cement production in the Democratic Republic of Congo (DRC) at 1.842Mt in 2018. Around 1.825Mt were delivered to the domestic market. Production in the period up to April 2018 was 397,000t, of which 390,000t were sold within DRC. Therefore, the capacity utilisation of Congo’s cement plants is around 40-50 per cent according to the bank, although in February 2019 a rate of 52 per cent was recorded. |
Ukrainian capacity utilisation on the rise08 October 2019, Published under Cement NewsAntidumping duties on Portland cement and clinker from Belarus, Moldova and Russia introduced by the Ukrainian government last summer have led to an increase in output and capacity utilisation in Ukraine’s cement plants, according to Interfax-Ukraine. "We regard this step as positive, which allowed us to increase the load of enterprises and output of marketable products. Now our capacities are 90 per cent loaded," said Mykola Kruts, the chairman of the board of Ivano-Frankivskcement. |
Indonesian cement industry down 2% in 1H1916 August 2019, Published under Cement NewsThe Indonesian Cement Association has reported that domestic cement sales volumes in the 1H19 dropped 2.2 per cent YoY to 29.4Mt due to weaker demand from Java (-2.8 per cent YoY) and Sumatra (-6.3 per cent YoY). This is likely to have been the result of a weak property sector, which accounted for around 70 per cent of the country's cement demand, coupled with delays in construction due to the presidential elections and the long Al-Fitr holidays. Fitch Ratings has added that the industry ... |