Cement News tagged under: cement sales
Uruguay cement sales rise 3% in 3Q1705 February 2018, Published under Cement NewsUruguayan cement producers sold 203.100t of cement in 3Q17, representing a 3.4 per cent YoY. While 159,900t was sold in the domestic market, cement manufacturers shipped 43,600t for export. "Cement sales in Uruguay have a high orientation to the domestic market and there is a high correlation between cement sales in tonnes and construction activity," says a report from the Chamber of Industries (CIU). While detailing that the volume of sales of cement in the domestic market (measured... |
GCC reports record 11M cement sales14 December 2017, Published under Cement NewsGrupo Cementos de Chihuahua SAB de CV (GCC) reports total cement sales volumes for the company reached almost 4Mt for the January-November period, a new record for the company. GCC's total cement sales volumes increased 18.2 per cent in the first 11 months of 2017, after strong cement sales in October and November in the USA. GCC's Chief Executive Officer, Enrique Escalante, said: "GCC reached record cement sales volumes as a result of strong demand and high level of backlog in our co... |
Uzbekistan cement only to be sold through exchanges13 December 2017, Published under Cement NewsUzbekistan’s monopoly enterprises will sell cement only through exchange auctions from 1 January 2018, according to a new resolution of the country’s government on the production and consumption of cement in 2018. It is expected that 8.44Mt of cement will be sold to domestic customers in this way. The volumes not sold during the first trades will be put up for sale again within a month before being sold under direct contracts for export if this proves unsuccessful. The new resolutions ... |
Vietnamese cement sales rise by 3.5% in first 11 months12 December 2017, Published under Cement NewsVietnam sold 72.79Mt of cement in the first eleven months of this year, a rise of 3.5 per cent from a year earlier and this fulfilled 91 per cent of the full-year target. Of the total, 55.63Mt were sold domestically, up two per cent YoY, while 17.3Mt were exported, rising two per cent YoY, the Dau Tu Chung Khoan newspaper reported Monday. However, export taxes have made cost increase by US$4.5t of clinker and US$7.5/t of cement based on average free-on-board prices of US$30 and US$50, ... |
First eight months sales fall 18% YoY in Saudi Arabia22 September 2017, Published under Cement NewsIn the first eight months of 2017, cement sales volume In Saudi Arabia declined 18 per cent YoY to 32.1Mt, while clinker production fell 10 per cent YoY during the same period, reports analysts Al Rajhi Capital. Northern Cement (-47 per cent YoY), Najran cement (-45 per cent) and Hail Cement (-38 per cent) witnessed the steepest YoY decline in terms of cement dispatches during the same period. City, Qassim, Yanbu and Al Safwa Cement improved their results by 1.7 per cent YoY 0.9 per cent,... |
Saudi producers sees sales drop 16% in August 201718 September 2017, Published under Cement NewsThe sales of Saudi cement producers fell 15.5 per cent to 3.72Mt in August 2017 when compared to 4.4Mt reported in August 2016. Total production in August reached 3.79Mt, down YoY from 4.3Mt, according to Yamama Cement Co. Cement inventories rose 11.3 per cent YoY to 1.17Mt from 1.05Mt in the year-ago period. Southern Province Cement Co saw sales slide 36 per cent YoY to 471,000t in August 2017 from 637,000t in August 2016. Yanbu Cement sales slipped 2.1 per cent to 462,000t from 472,000... |
Indonesian cement sales rise 0.2% in February 201713 March 2017, Published under Cement NewsCement sales in Indonesia rose 0.2 per cent YoY to 4.54Mt in February 2017 from 4.54Mt in the same month one year earlier, said Indonesia Investments. Weak cement sales in the second month of 2017 are blamed on adverse weather conditions (a high amount of rainfall caused floods in several parts of Indonesia) and on the fact that direct investment in infrastructure and property outside Java remains bleak. Widodo Santoso, chairman of the Indonesia Cement Association (ASI), said Indonesia... |
Peru: Cementos Yura Q4 profit falls by 20%22 February 2017, Published under Cement NewsCementos Yura has announced that its profits for4Q16 were down by 20.1 per cent YoY to PEN40.2m (US$12.4m), reports Business News Americas. The firm saw sales revenues fall by 3.3 per cent, while administrative costs more than doubled as the firm paid a PEN25.7m penalty for cancelling a contract with a supplier. Cementos Yura was also negatively affected by foreign exchange fluctuations. While local sales were little changed YoY at 0.61Mt, exports fell by 14.8 per cent to below 0.1Mt. ... |
Oman Cement annual profit up 10% as production rises22 February 2017, Published under Cement NewsOman Cement has announced that its profits rose by 10 per cent in 2016, to OMR12.87m (US$33.4m). In an earnings statement to the Muscat Securities Market, Oman Cement said that sales revenues rose by 8.5 per cent, but better control of costs produced a greater rise in profitability. The company sold 2.3Mt of cement in 2016, a 10.7 per cent increase on the previous year, which given the slower pace of revenue growth implies lower prices. Profits were also affected by the longer than ... |
India: Prism results point to mild demonetisation impact16 February 2017, Published under Cement NewsPrism Cement has released its trading statement for the three months to December 2016, revealing that cement sales volumes have only been slightly harmed by the impact of demonetisation. The firm sold 1.20Mt of cement between September and December, compared with 1.22Mt in the same period the previous year. Revenues for Prism’s cement were even less affected, declining by just 0.8 per cent as the firm successfully reduced costs, particularly for logistics and power. In a forward-lookin... |