Cement News tagged under: cement demand

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Cement growth seen in Pakistan's 9MFY17-18 data

21 May 2018, Published under Cement News

According to Federal Bureau of Statistics, the large-scale manufacturing sector posted 5.8 per cent growth in the first nine months July 2017-March 2018, as the construction boom continued to push up consumption of cement and steel. The local cement industry production was recorded at 31.17Mt during this period from 27.77Mt, produced in corresponding months July 2016-March 2017. This shows a growth of 12.2 per cent on YoY basis. The growth in March 2018 alone produced 4Mt of cement compar...

Saudi Arabia cement sales fall 11% in 1Q18

13 April 2018, Published under Cement News

Saudi Arabia's total cement sales for 1Q18 stood at 11.8Mt, down 11 per cent YoY and one per cent QoQ. The combination of weak demand and high inventory levels forced the companies to seek other solutions such as entering other regions within the kingdom as well as exporting with low selling prices. Yanbu Cement’s low cash cost per tonne gives the company the ability to export at lower prices, which is likely not possible for other companies to replicate, says finance research group Al Raj...

Russian cement consumption rises by 3.5% in January

16 March 2018, Published under Cement News

In January 2018 the volume of cement consumption in Russia amounted to 2.2Mt, up 3.5 per cent on January 2017, reported the Cement Producers’ Union (CPU). Domestic cement production increased in January 2018 by 7.9 per cent to 2.1Mt when compared with the same period in 2017. The CPU added that the Russian market was on course for three per cent growth in cement demand in 2018, with February's demand expected to also see a three per cent rise, supported by the building renovations in Mosc...

Indian demand to pick up by 2% in FY18

01 February 2018, Published under Cement News

Indian cement demand has been forecast to increase by two per cent in FY18, according to a notice by ICRA. In the first eight months of FY18 cement production grew by 0.6 per cent YoY, to 190Mt from the 188.8Mt reported in the year-ago period. However production declined in the first and second quarter of FY18 when compared to FY17, falling 3.3 per cent and 0.4 per cent respectively, reports The Financial Express. Demand has been impacted by a variety of issues throughout the year such as ...

Mexico: a tough year ahead

22 January 2018, Published under Cement News

The slowing housing sector and constraints to the public purse have impacted Mexican cement demand in the past two years. The year ahead will present further uncertainties as the country goes to the polls to elect a new president and NAFTA is up for renegotiation. However, the domestic cement industry is in relatively good shape to weather the risks. By Luis Manuel Martinez, S & P Global Ratings, UK. Mexico's cement industry is well equipped to face a challenging 2018. (Pictured: Ceme...

New projects to take total Ugandan output to 6.8Mta

08 January 2018, Published under Cement News

A number of projects in Uganda are expected to commence operation this year, taking total cement production to 6.8Mta from 3.6Mta, reports Ugandan newspaper The Independent. Hima Cement’s new 1Mta facility in Tororo is expected to open in 1Q18 and will take the company’s overall capacity to 1.8Mta. Meanwhile, Tororo Cement is awaiting a capacity increase to 3Mta from 1.9Mta through a plant expansion. National Cement is also investing US$185m on a 1Mta plant in the same region, which is ex...

New plant to open in Cambodia

03 January 2018, Published under Cement News

Chip Mong Insee Cement Corporation plans to have its 2Mta plant in Kampot province fully operational early this year, according to Khmer Times. The company signed a partnership agreement with Citic Heavy Industries Company in 2016 to build the plant for US$262m. “It will produce two kinds of cement: Camel and Diamond Insee cements,” said Suy Sem, Minister of Mines and Energy in Cambodia. The total cement demand within Cambodia is expected to reach 5Mta within this year.

Gambia's turning point

21 December 2017, Published under Cement News

Leaving behind a past of political unrest and financial mismanagement, Gambia is at the start of an exciting new chapter. Led by a new, democratically-elected government and witnessing an upturn in construction, the country is about to open its first cement production facility. Thanks to Gambia's newly-found political stability, the international community is re-engaging with the west African country As the smallest country on the African mainland by area, Gambia’s economy...

India: the long game?

29 November 2017, Published under Cement News

As the slowdown in India’s key housing sector largely persists, hopes are on the government’s infrastructure plans to bolster domestic cement consumption and narrow the gap between demand and production capacity. While domestic cement producers may be able to seize the opportunity to export in some of India’s neighbouring countries, these nations’ drive to self-sufficiency is expected to affect export success. In India's largest cities such as Mumbai (pictured) and Delhi, t...

Kenyan cement factories cut production back to 4.2Mt

12 October 2017, Published under Cement News

Cement plants in Kenya have reduced production by seven per cent to 4.2Mt in the year to August, down from 4.5Mt. The cutbacks came amid decreases in cement consumption, data from Kenya National Bureau of Statistics (KNBS) shows. The deepest cut was experienced in August when Kenya held its general election, underlining the effects of election fever on the economy. The reduction came in response to a cooling demand after consumption dropped 6.4 per cent to 2.9Mt in the first half of...