Cement News tagged under: consumption
Shanshui Cement issues first-half profit warning, China17 August 2015, Published under Cement NewsShanshui Cement on Friday said it expects to record a loss in net profit for the six months ended 30 June 2015 compared to the net profit of the same corresponding period in 2014, adding that the loss is expected to be "relatively significant." Management attributes the loss to two main factors. Firstly, the group has seen sluggish cement demand in the regions where it operates, particularly in the northeastern and Shanxi regions. Secondly, severe overcapacity led to a "substantial" decr... |
Semen Indonesia may review expansion plans amid slow demand environment12 August 2015, Published under Cement NewsSemen Indonesia has said it may review some planned expansion projects amid sluggish domestic cement demand, according to a senior company executive. “We will probably be accelerating the projects that have already started construction, but for other projects, like our regional expansion and the packing plant, we may adjust the plans,” said Ahyanizzaman, finance director at Semen Indonesia told the Jakarta Globe. “Our biggest investments are the Rembang plant and the Indarung plant. We’re... |
Polish monthly sales edge ahead11 August 2015, Published under Cement NewsCement production in Poland increased by 1.6 per cent YoY to 1.65Mt in July, while sales were up by 1.7 per cent to 1.71Mt, Poland's Cement Producer Association said in a statement. Year-to-date production grew two per cent YoY to 8.84Mt. Meanwhile, year-to-date sales rose by 2.3 per cent to 9.04Mt. |
Chinese demand seen improving - Citi10 August 2015, Published under Cement NewsCement demand in China is likely to improve sequentially in the coming six months with the speeding up of infrastructure construction and more policy support, says Citi. Cement demand in China had declined 5.3 per cent YoY in 1H 2015 on slow infrastructure investments and weak property new starts, leading to an 18 per cent drop in the cement price year-to-date. Citi forecasts demand will only decline three per cent for the full year in 2015 and grow 1.8 per cent in 2016. The house upgra... |
Mexico to maintain momentum?10 August 2015, Published under Cement NewsMexican cement demand reached a turning point in the third quarter of last year and recent statistics appear to be pointing to a material increase in construction activity. The domestic cement industry is now bouncing along nicely thanks to better utilisation and higher pricing, but with new capacity set to enter the market, for how long can this momentum be maintained? By Francisco Suarez & Ramón Obeso, Scotiabank Inverlat SA, Mexico. The real estate sector leads Mexico’s constructio... |
Argentina: July cement demand climbs 12.6% YoY07 August 2015, Published under Cement NewsThe Argentinean cement market expanded by 1.3 per cent MoM and 12.6 per cent YoY in July 2015, according to domestic cement producers’ association, AFCP. The country’s cement plants dispatched 1,073,762t, including 4140t of exports, a YoY increase in total deliveries of 11 per cent and a MoM rise of 1.3 per cent. No cement was imported. For the year to date, domestic consumption advanced by 11.3 per cent YoY to 6,946,742t from 6,243,587t, but exports fell by 37.8 per cent from 103,444... |
Colombia cement market expands 10.2% in June29 July 2015, Published under Cement NewsColombia’s cement dispatches rose 10.2 per cent YoY in June to 1.0121Mt as building companies and contractors increased their demand by 25.8 per cent. Cement production reached 1.0292Mt, up 4.9 per cent when compared with June 2014. In the first half of 2015 the Colombian cement market expanded by 6.6 per cent YoY to 6.0674Mt. The departments of Nariño, Cesar and Magdalena saw the strongest growth at 62.2, 27 and 21.8 per cent, respectively. However, Bolîvar also recorded a robust advance ... |
Senegal cement sales up 0.7% in 5M1527 July 2015, Published under Cement NewsDemand for cement in Senegal edged up 0.7 per cent YoY to 1,432,100t in January-May 2015, according to national Planning and Economic Study Directorate. Production in the first five months of 2015 increased 9.6 per cent to 2,444,100t when compared with 2,230,800t noted in 5M14. Output was buoyed by a 26 per cent YoY rise in exports, which surpassed the 1Mt mark at 1,050,400t during the five-month period. |
On the Nordic trail...27 July 2015, Published under Cement NewsThe Nordic markets experienced mixed fortunes through 2014 with some having experienced declines in cement demand, while others saw recovery and growth. On the production front, important strides are being made with alternative fuels usage. Meanwhile, the region contains one of the most dense trading distribution networks in the world. A Nordic walk through the cement industries of Sweden, Norway, Finland, Denmark, Estonia, Latvia and Lithuania Sweden, Norway and Finland, in tha... |
Mexico: cement price up 8%24 July 2015, Published under Cement NewsIn the year to date, the price of cement in Mexico has increased by just over eight per cent. This follows a price rise of nine per cent in 2014, said Juan Francisco Sanchez Kramer, investor relations director of Elementia. The price movement is on the back of an expected rise in demand due to private and public infrastructure projects. He added that the Mexican construction sector has large potential. Significant population growth, an expanding middle class and more than 120m people witho... |