Cement News tagged under: capacity utilisation

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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...

HeidelbergCement

06 January 2015, Published under Cement News

HeidelbergCement’s subsidiary Ghacem in Ghana is seeing its cement production fall significantly because of interruptions to the electricity supply, as the country’s monopoly supplier introduces 48h power cuts for industrial users every six days. HeidelbergCement has agreed the sale of most of its building products business in North America and in Great Britain to the US institutional investor Lone Star Funds for US$1400m, subject to regulatory approval. The deal covers 107 manufacturing ...