Cement News tagged under: cement production
Low cement production in 1HFY22-23 attributed to construction downtrend26 May 2023, Published under Cement NewsLast week, the State Bank of Pakistan (SBP) released its half year report for the FY22-23 on the state of Pakistan’s economy. The analysis in the report covered all sectors, including cement, was prepared on data for the July-December 2022 period. Cement industry output The output in the cement sector contracted by 15.1 per cent during the 1HFY22-23, compared to a 0.9 per cent decline in the same period last year. According to the All Pakistan Cement Manufacturing Association (APCM... |
Pakistan cement production output fall in 9MFY2317 May 2023, Published under Cement NewsThe political unrest, fragile economy, high-interest rates and inflation are now reflected in the production data of large Pakistan-industry industries. On top of this, restrictions on raw materials import also dent industrial progress. The overall output of Pakistan's Large-Scale Manufacturing Industries Index (LSMI) has shown a decline of 8.11 per cent during July- March 2022-23 compared with last year. The LSMI output decreased by 24.99 per cent for March 2023 compared with March 2022 ... |
Brazil bets on housing to revive the market05 May 2023, Published under Cement NewsThe outlook for Brazil's cement market remains uncertain following weak first quarter volumes, with demand falling 1.1 per cent to 14.6Mt over the firhst three months. This follows a lacklustre performance in 2022, when annual demand fell 2.8 per cent to 62.6Mt. The Brazilian cement association, Syndicato Nacional Da Industria Do Cimento (SNIC), has revised down its expectations for 2023 demand, which it had previously indicated would enjoy growth by one per cent to 64Mt. A weakening o... |
Steppe Cement records 11% revenue growth in 202212 January 2023, Published under Cement NewsSteppe Cement Ltd recorded 11 per cent revenue growth in 2022 to KZT40m (US$86,560) from KZT36m a year earlier, citing positive market conditions as it focussed on the Kazakh domestic market. The average price for delivered cement in 2022, excluding value added tax, was KZT23,963/t, up 12 per cent from KZT21,332 a year earlier. Steppe Cement reported positive market conditions in the Kazakh domestic market where cement market consumption remained at around 11.6Mt last year. Steppe Ce... |
Pakistan records a 21% decline in cement dispatches in 1HFY22-2306 January 2023, Published under Cement NewsThe negative trend in cement dispatches in Pakistan has continued in the last few months. The latest data for 1HFY22-23 and December 2022 show the sector has been affected by a slowdown in the local construction industry and unviable exports. Pakistan’s total cement deliveries (domestic and exports) were 21.764Mt during 1HFY22-23, which is 20.7 per cent lower than 27.456Mt dispatched during 1HFY21-22. Out of this total, domestic volumes were 20.03Mt against 24.065Mt during the same period la... |
Sangwon Cement to increase production in 202306 January 2023, Published under Cement NewsThe workers of the Sangwon Cement complex in North Korea are making innovations in cement production and implementing the decisions of the Sixth Plenary Meeting of the Eighth Central Committee of the Workers’ Party of Korea. On the basis of successes and experience gained last year, the cement plant has proactively conducted the organisational and political work to improve the main burner flame efficiency and to increased production in 2023. Precalciner improvements are also increas... |
Cambodia's cement producers output 7.7Mt in 11M2204 January 2023, Published under Cement NewsCambodia's five cement factories produced 7.7Mt of cement in the January-November period of last year, according to a report from the Cambodian Cement Manufacturing Association (CCMA). Kampot Cement Co Ltd (SCG) was the largest producer at 2.2Mt, followed by Chip Mong Insee Cement Corp (CMIC) with 1.9Mt. Battambang Conch Cement Co Ltd (Conch) produced 1.6Mt, Cambodia Cement Chakrey Ting Factory Co Ltd (Huaxin) 1.1Mt and Thai Boon Roong Cement Co Ltd 0.88Mt, the report indicated.... |
North Korean cement production boost13 June 2022, Published under Cement NewsCement producers across North Korea have supplied more cement to major construction sites even under the maximum emergency anti-epidemic system. Officials and workers of the Sangwon Cement complex increased the output of clinker by introducing new operation methods of production. The Sunchon Cement plant has recorded high daily production results. Meanwhile, the Chonnae-ri Cement factory is achieving normal operation of its production equipment. |
Chinese cement production drops 12%05 May 2022, Published under Cement NewsChina’s cement production in the opening quarter of 2022 has fallen by 12.1 per cent YoY, according to Fitch Ratings. This is being attributed to ongoing lockdowns due to the pandemic, which is curbing production of basic materials including steel that has seen a 10.5 per cent drop in production over the same period. The country is also seeing subdued construction activity as the property sector remains weak and high input costs continue to inflate product prices, such as cement, steel an... |
South Korean producers aim to boost cement production07 April 2022, Published under Cement NewsSouth Korean cement companies have agreed to increased their production by 35 per cent for the next three months to ease concerns over a supply shortage amid the crisis surrounding Ukraine, the industry ministry said. During a meeting with government officials, seven major cement companies agreed to produce a combined 3.77Mt of cement in the 2Q22 up 35.7 per cent from the January-March period, according to the Ministry of Trade, Industry and Energy. The government also plans to provi... |