Cement News tagged under: cement consumption

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Moroccan cement demand up 8.4% YoY Oct 2016

25 November 2016, Published under Cement News

Moroccan cement sales increased 8.4 per cent in October 2016 when compared with the previous year. In the first 10 months of 2016, cement sales in the kingdom edged up by 0.9 per cent, according to the Directorate of Financial Studies and Forecasting (DEPF), Ministry of Economy and Finance. Real estate loans were up 2.4 per cent to MAD246.4bn (US$24.4bn) at the end of the first nine months of 2016, an improvement when compared with the 2.2 per cent increase noted in 9M15.

Russia sees 9% fall in 3Q cement demand and output

22 November 2016, Published under Cement News

Russia’s cement consumption and output noted a nine per cent fall in the third quarter of 2016 when compared with the same period a year ago. Volumes decreased to 18.39Mt and 18.35Mt, respectively, according to Construction.ru. The market contraction has been attributed to a four per cent decrease in construction work volume. The country’s cement plants saw an average capacity utilisation of 70.4 per cent in 3Q16, down 7.3 percentage points when compared with 3Q15. Tulacement came at the t...

Spain: demand sees 7% YoY decrease in October 2016

18 November 2016, Published under Cement News

Cement consumption in Spain fell 7.2 per cent YoY in October to 936,568t, according to the Spanish cement association, Oficemen. For the first 10 months of 2016, cement demand has fallen by 3.4 per cent YoY to 9,328,077t – 324,831t less than in 10M15. Oficemen expects full-year cement consumption to fall by over three per cent.

Philippine cement sales growth slows in 3Q16

17 November 2016, Published under Cement News

While cement sales growth in the Philippines slowed in 3Q16, continued construction activities saw 9M16 cement sales record double-digit growth. Nine-month sales increased 10.1 per cent to 20.12Mt, according to Cement Manufacturers Assocation of the Philippines President, Ernesto Ordoñez. “The year-to-date increase shows the overall continued uptrend in government infrastructure spending, as well as the private sectors’ increased contribution due to confidence in the Philippine government...

Saudi Arabia: cement sales down 7%

14 November 2016, Published under Cement News

A recent report from Al Rajhi Capital Research stated that total cement sales in Saudi Arabia fell 6.8 per cent YoY to 47Mt in the first 10 months of 2016, from 50.2Mt in the same period last year. Clinker production also saw a decline, falling 1.7 per cent YoY. Total cement sector revenues declines 19 per cent YoY as a result of lower sales volume (which was down 10.5 per cent YoY) and a fall in the average realised price/t for most companies. Aggregate net income saw a significant decline ...

J K Cement: Indian cement demand to grow 7% in FY17, 8% in FY18

14 October 2016, Published under Cement News

J K Cement expects the government’s infrastructure push to drive cement demand in India in the next two years. “We expect demand to hit seven per cent in FY17 and eight percent in FY18,” said the company’s CFO, AK Saraogi. He added that compared to last year there has been a sizeable change in the real estate and developer market and a turnaround has started to happen. “Railways, metro, roads and transport, the smart cities initiative would all have a trickle-down effect on the cement ...

Vietnam: domestic cement consumption could reach 80Mt by 2020

22 September 2016, Published under Cement News

Cement consumption in Vietnam will this year reach 60Mt, while 15.5-17Mt of cement and clinker will be exported, claims Vietnam's Cement Association Chairman, Nguyen Quang Cung. Mr Cung said Vietnam's total productivity was estimated to reach 95Mt by 2020, of which domestic consumption would increase by 5-5.5Mta, reaching 80Mt. The remaining volume of 15Mt would be be shipped overseas. "Vietnam will be able to meet the increasing demands of production and export of cement and clinker by...

Indonesia: August surge puts consumption growth back on course

16 September 2016, Published under Cement News

The Indonesian Cement Association (ASI) reported that cement sales rose by 8.7 per cent from 5.49Mt in August 2015 to 5.97Mt in August 2016. The surge in domestic sales was driven by the implementation of infrastructure projects in the 2H2016. With cement sales in reaching 39.07Mt in January-August 2016 (+3.9 per cent), demand growth is edging closer to the five per cent forecast by ASI. "If this consumption level continues until the end of the year, the national cement consumption growth...

Spain's cement demand resumes growth

15 September 2016, Published under Cement News

Spanish cement consumption increased 3.2 per cent to 930,593t in August when compared with August 2015, according to the country’s cement association, Oficemen. The developments breaks a five-month stint of market contraction. In the first eight months of the year, cement demand has slipped 2.8 per cent to 7.419Mt. "Data from the summer confirm the sector’s new entry into recession, severely affected by the fall in investment in public works, which has already been noted in the decrea...

Chinese imports into Kenya show 10-fold rise

12 September 2016, Published under Cement News

New figures from the Kenyan National Bureau of Statistics reveal that the country imported KES2.2bn (US$21.7m) of cement from China in the first six months of 2016, up more than ten-fold on last year. A report by Business Daily Africa notes that these latest data look set to increase tension between Kenyan producers and Chinese contractors working on some of the country’s biggest infrastructure projects. The Chinese building firms have repeatedly denied claims that they import cement a...