Cement News tagged under: consumption
Steppe Cement revenue rises as Kazakh demand rises 13%16 January 2014, Published under Cement NewsKazakhstan producer Steppe Cement said its 2013 revenue was 8.7 per cent higher YoY, as demand in the central Asian country increased by an estimated 13 per cent to 8.1Mt during 2013. The company generated revenues of KZT19.47bn during the year, up from KTZ17.91bn in 2012. Cement sales reached 1.37Mt, up from 1.35Mt in 2012m an increase of 1.3 per cent. Steppe said this gave it a market share of 17 per cent. The average price for delivered cement, excluding VAT, was KZT14,425/t, comp... |
Myanmar: a new frontier market15 January 2014, Published under Cement NewsResource-rich Myanmar is undergoing a dramatic transformation, with massive economic and political reforms heralding a new era for this Southeast Asian nation. A plethora of joint ventures with foreign companies seeking to establish new cement companies reflects the improved investment environment and optimism for this frontier market. By Soe Naing, Kanbawza Industries Ltd, Myanmar & ICR Research. Prospects for Myanmar are good if the country can establish a reliable energy network... |
Conch expects strong rise in 2013 profit15 January 2014, Published under Cement NewsAnhui Conch, the leading cement producer in China by market value, said it expects a 50 per cent rise in net profit attributable to shareholders for 2013. In 2012, the company posted a net profit of CNY6.31bn (US$1.043bn) with basic earnings per share of CNY1.19. According to a statement filed with the Shanghai Stock Exchange, the company said the improved performance in 2013 was due to steady growth in consumption and a reduction in new capacity coming onto the market. Over the ... |
Argentina reports annual consumption gains09 January 2014, Published under Cement NewsCement consumption in Argentina increased by 16.1 per cent YoY in December to reach 914,964t, latest data from industry association AFCP shows. However, despite the annual increase, the December 2013 figure was 12.6 per cent lower compared to demand in November 2013. Portland cement shipments by the domestic industry (including exports) were 927,964t in December 2013, also down 12.6 per cent from November's figures, but 14.7 per cent higher YoY. |
Morocco sales recovery in sight?08 January 2014, Published under Cement NewsOverall Moroccan cement sales proved disappointing through 2013, but industry body Association Professionnelle des Cimentiers (APC) is hopeful of an upturn this year. During the first 11 months of the year, cumulative cement sales declined by 6.52 per cent YoY, according to the latest APC data. Demand has been affected by credit constraints, the completion of some major public and private development projects, and a MAD15m cut to the state’s 2013 investment budget. Cement sales fell ... |
Global cement 2014 outlook06 January 2014, Published under Cement NewsNew year, new challenges. As the cement industry looks into 2014, what will the New Year bring? By Yuri Serov, Morgan Stanley, UK. Challenges and outlook for the global cement industry in 2014 The year 2013 was not meant to pan out this way. A year ago most market watchers were looking forward to a year when recovery would entrench itself across the board. Western Europe was the region on which everyone focussed. Sure, in 2012 it produced another large fall under the weight of a... |
Colombia: market expands 6.9% in November02 January 2014, Published under Cement NewsGrey cement production in Colombia during November 2013 totalled 1.02Mt, a 9.6 per cent increase when compared with the same month of the previous year. In addition, the domestic cement market expanded by 6.9 per cent to 978,000t. This was less than the 14 per cent consumption growth noted in October. Norte de Santander saw a 38.5 per cent rise, the largest in the country, followed by Antioquia (+13.7 per cent), Bolívar (+19.5 per cent) and Cundinamarca (+8.6 per cent). On the other ha... |
Peru’s Jan-Nov demand advances 7.5% YoY02 January 2014, Published under Cement NewsCement dispatches in Peru fell from 939,135t in October to 896,600t in November. However, the country’s cement companies produced 920,636t, up from 916,774t the previous month and cement exports rose from 18,090t to 23,236t during the period. For January to November, Peruvian cement demand increased by 7.45 per cent YoY to 9,408,853t while exports rose 5.33 per cent to 182,427t. Around 9,598,552t of cement was produced, an advance of 6.9 per cent when compared with Jan-Nov 2012. |
Vietnam full-year output seen 4.7% higher30 December 2013, Published under Cement NewsVietnam is estimated to have produced 57Mt of cement in 2013, up from 4.7 per cent a year ago, the government's General Statistics Office (GSO) has said. During December, output is estimated to have increased by 7.54 per cent from the previous month, and nine per cent YoY to reach 5.5Mt, according to the latest GSO estimates. The office, however, revised down November output to 5.3Mt from a previously-estimated 5.5Mt. Cement sales are expected to have risen by 4-5 per cent this year t... |
Catalonian monthly sales tumble23 December 2013, Published under Cement NewsCement sales in Spain's autonomous region of Catalonia during November 2013 fell by 21.8 per cent YoY to 110,140t. The decline was more than double the 9.3 per cent fall overall in Spain. Sales for the accumulated January to November period in Catalonia were also down 20.7 per cent to 1.43Mt. (Source: Expansión) |