Cement News tagged under: capacity utilisation
Livetouch International seeks production increase21 June 2019, Published under Cement NewsZimbabwean cement producer Livetouch International, part of Diamond Cement, plans to increase its cement capacity utilisation rate from the current 45 per cent. The Redcliff-based company has a 0.5Mta plant but has been operating at low capacity rates due to a shortage of raw materials, according to The Herald. The company’s CEO, Don Wang, said the company had been relying on competitors such as PPC for the supply of limestone. “We have, however, put measures to make sure that we capacit... |
Pakistan's utilisation levels expected to keep falling06 March 2019, Published under Cement NewsCurrent downward trends in Pakistan's domestic cement demand are expected to impact capacity utilisation. Overall cement sales in the country declined by 12 per cent YoY in February 2019 to 3.3Mt, according to Intermarket Securities Ltd, quoting APCMA data. This decline was driven by local cement sales, which fell by 19 per cent YoY to 2.8Mt, with a major drag seen in sales of the north region to 2.1Mt, down 25 per cent YoY. The drop-off in demand could be attributable to several factors,... |
Oficemen downgrades growth forecast11 October 2018, Published under Cement NewsCement producers have reduced their growth forecast for 2018 from 12 per cent to seven per cent, according to Oficemen, Spain’s cement association. They attribute the lower growth rate to the economic slowdown and “paralysis” that governs the execution of public work. The extra demand generated by new housing is unable to offset the lower civil works activity, which accounts for the majority of cement consumption, according to the association. The construction of flats now accounts for 28 ... |
Pakistan records highest capacity utilisation06 June 2018, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) has released data for the month of May, 2018, which showed capacity utilisation between July and May 2018 was at 94.69 per cent – the highest in Pakistan's history since records began. The previous highest capacity utilisation was achieved in 1992-93, it reached 93.62 per cent. May's data also indicated a dip in local dispatches, due to the reduction of working hours in the Holy month of Ramadan. During May the industry dispatched 3.... |
Sino-Zimbabwe awaits public infrastructure project pick-up10 May 2018, Published under Cement NewsSino-Zimbabwe Cement Co (SZCC) is hanging hopes on development deals between Zimbabwe and China to improve its turnover. The joint venture between China and Zimbabwe's government has had to battle declining sales and a slowdown in the construction industry. SZCC's managing director, Yong Wang, said: "The company is operating between 50-70 per cent capacity utilisation," which was likely to increase if government projects take off. "The market environment is very tough this year, which ... |
Pakistan's capacity utilisation stands 91%07 March 2018, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) reports that the domestic cement industry's capacity utilisation in the first eight months of this fiscal year ( July 2017-Feb 2018) stood at 91 per cent of the total installed capacity of the sector. In 8MFY17-18 the country's cement industry dispatched 31Mt of cement compared with dispatches of 26.3Mt in the corresponding period of last year, an increase of almost 18 per cent. In February 2018 alone, the total cement dispat... |
Pakistan cement industry records highest capacity utilisation in 7MFY17-1806 February 2018, Published under Cement NewsThe capacity utilisation of the Pakistani cement industry during the first seven months of this fiscal reached 91.3 per cent, the highest since 2004-05, according to the All Pakistan Cement Manufacturers’ Association (APCMA). The association also released data for January 2017, when total cement dispatches of 4.084Mt included 3.737Mt of domestic consumption with the balance being exported. During the first seven months of current fiscal the cement industry dispatched 26.327Mt against 22.90... |
Gaining momentum in 2018?03 January 2018, Published under Cement NewsThe positive outlook predicted at the start of 2017 has not entirely materialised as emerging markets (EM) have failed to see the widespread recovery that was anticipated a year ago. However, momentum for a recovery is expected to arrive in 2018 as demand in the EM picks up and the USA experiences robust growth. By John Fraser-Andrews, HSBC Global Research, UK. Figure 1: emerging market (ex-China) volume growth to outstrip new capacity in 2018E-19E The synchronised global const... |
Nepal sees an increase in capacity utilisation11 December 2017, Published under Cement NewsNepal's manufacturing industries utilised 57.3 per cent of their capacity on average in FY16-17 that concluded in mid-July, acording to an "Economic Activities Study Report 2016-17" released by the Nepal Rastra Bank (NRB). There has been strong rebound in capacity utilisation of industries producing construction materials such as iron steel and cement. "Improved electricity supply and hardly any labour related obstructions contributed to better capacity utilisation of industries last fi... |
Cuban cement market sees 47% cement price hike25 August 2017, Published under Cement NewsCement 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. |