Cement News tagged under: consumption
Argentina’s cement consumption falls 4.7 per cent MoM04 December 2014, Published under Cement NewsIn November, Argentina’s cement market contracted by 9.4 per cent MoM and 4.7 per cent YoY as 997,440t of cement were sold, according to the country's cement association, AFCP. The country’s cement producers delivered 1,011,082t, including exports and as such saw their sales volumes drop 9.3 per cent MoM. When compared with November 2013, dispatches fell by 4.8 per cent. |
Mongolia on the move03 December 2014, Published under Cement NewsTo ensure an increasing domestic supply of the rapidly-expanding Mongolian cement market, existing producers are expanding and modernising their production base and new players are entering the market. In a transformation process not seen in the past three decades, Mongolia’s cement industry is clearly going places. Mongolian ALT (MAK) is building a 1Mta cement works at Khukh Tsav, Dalanjargalan district, Dornogovi While Mongolia remains among the world’s fastest-growing economi... |
Colombia’s October cement dispatches up 5.5%02 December 2014, Published under Cement NewsCement dispatches in Colombia saw a 5.5 per cent YoY expansion to 1.09Mt in October 2014, according to the latest data published by Dane, the country’s statistics office. While construction companies and contractors consumed some 7.3 per cent less, this was offset by a 13.4 per cent sales advance in the retail segment. The department of Nariño saw an 86.1 per cent rise in sales, followed by Magdalena which registered a 24.5 per cent increase. Positive developments were also reported i... |
Africa's grey gold24 November 2014, Published under Cement NewsAs investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear on the back foot, new entrants are keen to gain a foothold in the market and expand their operations in this increasingly-competitive market. By T Hadley, Baobab Advisory sarl, France. Figure 1: per capita cement consumption vs per capita GDP, 1995-2014 Africa’s cement consumption has d... |
Kenyan production climbs 15.2 per cent YoY14 November 2014, Published under Cement NewsCement production in Kenya rose by 15.2 per cent as consumption in the east African country surges, according to data from the National Bureau of Statistics. The country’s six cement manufacturers produced 4.24Mt in the period, up from 3.68Mt in the comparative period of the previous year. The surge in production has been partly attributed to increased capacity as the industry opened its doors to recent entrants, such as Savannah Cement, National Cement and Mombasa Cement. Consumpt... |
Indonesian monthly consumption up 3.2%10 November 2014, Published under Cement NewsIndonesian cement consumption increased by 3.2 per cent in October 2014 and year-to-date sales were ahead by 3.4 per cent. However, industry sources caution that sales may start to slow on account of the rainy season. During October 2014, Indonesian demand increased to 5.759Mt versus 5.579Mt in the same period of last year. Cement consumption over the first 10 months of the year reached 48.752Mt compared to 47.158Mt in 10M13. Exports of 255,821t over the 10-month period declined by 52.5... |
Vietnam 10-month domestic sales up10 November 2014, Published under Cement NewsVietnam's total cement sales including exports increased six per cent YoY to reach 53.22Mt in the first 10 months of 2014, latest data from the country's Construction Ministry's Building Material Department reveals. Of the amount, 41.54Mt was consumed in the domestic market, up eight per cent compared with the corresponding period last year, while exports rose slightly by one per cent to reach 11.68Mt. The ministry said that the increase was due to the high demand from property project... |
In search of stabilisation07 November 2014, Published under Cement NewsAfter reaching a peak in 2011, Moroccan cement demand has weakened and since 2012 initiated a slowdown that has continued through 2014. Mohamed Chaïbi, president of the Association Professionnelle des Cimentiers (APC), speaks to ICR about the current status and expected trends for the domestic market and production base. Mohamed Chaïbi, chairman of the Association Professionelle des Cimentiers, explains how the Moroccan cement industry has continued to press ahead in the face o... |
Argentina: cement consumption rises 5% MoM but notes 3% YoY decline07 November 2014, Published under Cement NewsThe Argentine cement market expanded by 5.3 per cent MoM to 1,101,072t in October 2014 but contracted by 3.1 per cent YoY, according to AFCP, the national cement producers’ association. The country’s cement producers dispatched 1,115,224t in the period. The figure, which includes exports represents a MoM increase of 5.8 per cent but a fall of 3.1 per cent YoY. |
China demand nears 'turning point' - UBS07 November 2014, Published under Cement NewsChina's cement sector has entered the "new normal" of stagnant demand, according to UBS. "The turning point in China cement demand growth is near, in our view, amid limited potential upside in infrastructure investment growth and a structural downturn in the property sector," it says. (Source: Dow Jones) |