Cement News tagged under: cement sales
Siam Cement expect stronger growth in Myanmar in 201917 September 2018, Published under Cement NewsSiam Cement Group (SCG) expects its growth target for 2018 in Myanmar to be affected by inflation and flooding. This is despite seeing cement sales in Mon state rise nine per cent YoY and revenues of US$152m in the 1H18, which were up 14 per cent on 1H17. Surachai Pomjindachote, SCG's Myanmar director, said," For this year, Myanmar is facing floods and inflation, so total growth of the country might fall below target. But in 2019, we foresee higher growth compared to this year's. "Myanmar'... |
Pakistan cement sales up 5% YoY in July06 August 2018, Published under Cement NewsCement sales in Pakistan increased 5.1 per cent in the first month of FY18-19. In July, total cement dispatches rose to 3.554Mt from 3.382Mt in July 2017, according to the All Pakistan Cement Manufacturers’ Association. While in the wake of elections, economic and construction activity slowed down, it did not significantly affect sales growth. Exports rose by 9.3 per cent from 0.476Mt in July 2017 to 0.52Mt one year later while domestic dispatches were up 4.4 per cent from 2.906Mt to ... |
HeidelbergCement sees positive 2H1803 August 2018, Published under Cement NewsThis week HeidelbergCement reported on its 2Q18 results , which saw healthy growth in all business areas. Cement and clinker sales were up 3.5 per cent to 33.7Mt while aggregate volumes saw a 5.2 per cent rise to 85.7Mt. Ready-mix concrete sales volumes advanced 4.2 per cent to 12.7Mm 3 . Western and southern Europe saw total revenues advance by 5.3 per cent in 2Q18 to EUR1.363bn. Operating EBITDA decreased 2.1 per cent to EUR213m. Cement sales were particularly strong as volumes increas... |
Saudi cement sector expected to record revenue decline in 2Q1803 July 2018, Published under Cement NewsSaudi Arabia’s cement sector is expected to record a fall in revenue in the 2Q18, according to Al Rajhi Capital. The companies monitored by Al Rajhi are expected to announce a revenue decline of around six per cent YoY for the period, while earnings could decrease by approximately 10 per cent. The sector’s sales volume fell 16.7 per cent in the first two months of the second quarter. Across the country, 15 companies have recorded a decline in sales volume, led by Riyadh Cement (-44.1 per c... |
Taiwanese cement industry records sales surge in May14 June 2018, Published under Cement NewsThe Taiwan Stock Exchange (TWSE) has announced that the cement industry was amongst the top three sectors in terms of YoY sales growth in May 2018, alongside the semiconductor and fuel/utility sectors. Over the period, 645 listed companies reported a YoY increase in revenue, while 271 saw a fall. Sales generated by listed cement businesses noted a 34.3 per cent YoY surge in revenue to TWD21.1bn (US$701.98m) on the back of rising demand from China, according to data complied by the TWSE. |
Pakistan releases survey with cement sector update27 April 2018, Published under Cement NewsThe Pakistan Economic Survey 2017-18 was released on 26 April by Dr Miftah Ismail, adviser to the Prime Minister on Finance, Revenue and Economic Affairs. The report provides a detailed overview of Pakistan's economic performance during the year. According to the survey, the cement sector in Pakistan comprises 20 companies, with total listed capital of PKR72.618bn (US$518.7m) and the market capitalisation of PKR610.576bn (US$436m). The recent growth in domestic cement demand has been c... |
Dominican cement sales down 4%, exports fall 5%10 April 2018, Published under Cement NewsDominican cement producers saw a 3.7 per cent fall in domestic sales and a five per cent decline in exports in the January-February 2018 period, according to the President of the Dominican Association of Cement Producers (Adocem), Rayza J Rodriguez. Ms Rodriguez attributed the contraction in the domestic market to periods of unusual rains. In addition, she highlighted the industry’s commitment to sustainability. The Dominican Republic currently has seven cement plants, of which six are... |
Vietnam cement sales rise 5% in March28 March 2018, Published under Cement NewsVietnam sold an estimated 7.96Mt of cement in March, representing a 4.5 per cent MoM increase and 25 per cent of the full-year target, according to the Vietnam Building Material Association. Domestic market sales rose 12.6 per cent MoM to 5.56Mt but fell 11 per cent on the year-ago period. The figure includes 2.1Mt sold by the Vietnam Cement Industry Corporation (Vicem). The country’s exports reported significantly positive results, advancing 30 per cent YoY to 2.3Mt. In the 1Q18 ... |
Indonesia cement demand up 9.9% in January 201820 February 2018, Published under Cement NewsIndonesia's cement consumption rose 9.9 per cent YoY to 5.68Mt in January 2018. The growth of demand is being attributed to rising cement demand on the back of the government-led infrastructure development programmes, particularly the construction of toll roads. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said cement consumption rose at similar levels across the country. Highest growth was reported on Sumatra, traditionally the second-biggest cement-consuming isl... |
Argentina’s cement dispatches up 17% in January07 February 2018, Published under Cement NewsArgentine cement producers dispatches 1,030,280t of cement, including exports, in January, up 3.2 per cent MoM and 17.3 per cent YoY, according to AFCP, the country’s cement association. The domestic market (including imports) expanded by 3.9 per cent MoM and 19.4 per cent YoY as manufacturers delivered 1,043,651t. Private consultants expect the market to continue its growth path in the next few years at an annual rate of seven per cent. |