Cement News tagged under: consumption
Philippine nine-month cement sales surge24 October 2012, Published under Cement NewsPhilippine cement sales increased 20 per cent in the first nine months of 2012, the first time such a high growth rate has been achieved for nearly 20 years. Figures from the Cement Manufacturers Association of the Philippines (CeMAP) show that between Jan-Sept 2012, cement sales reached 13.9Mt against 11.6Mt recorded in the same period last year. CeMAP president Ernesto M. Ordonez told reporters the growth was largely fueled by the strong infrastructure expenditures of the Aquino ad... |
Bolivia’s cement sales up 8.5% to September23 October 2012, Published under Cement NewsBolivian cement sales continued their upward trend with deliveries to September increasing 8.52 per cent to more than 2Mt, according to the Bolivian Institute of Cement and Concrete (IBCH). Domestic cement plants registered an increase of 5.47 per cent, but imports also noted a rise of 4.72 per cent. Insumos Bolivia imported 23,000t of cement in the first nine months of last year. This year, the figure increased to 24,100t. In addition, smaller companies imported 58,700t. “Imports have bec... |
R&I Affirms BBB/a-2, Stable: Taiheiyo Cement Corp23 October 2012, Published under Cement NewsRating and Investment Information, Inc (R&I) has announced the following: Taiheiyo Cement Corp. Issuer Rating: BBB, Affirmed Rating Outlook: Stable Commercial Paper: a-2, Affirmed. Rationale Taiheiyo Cement Corp. is the largest cement manufacturer in Japan. The company has a foothold in overseas markets as well, including North America, China, Vietnam, the Philippines and South Korea. The earnings structure of the domestic cement business has improved as a result of a review of the ... |
Increased sales boost ARM Cement's 9M12 pretax profit, Kenya22 October 2012, Published under Cement NewsKenya’s second largest cement producer ARM Cement (formerly Athi River Mining) said in the first nine months pretax profit rose to KES1.2bn (US$14.1m) from KES296m, driven primarily by higher sales of Rhino Cement. Rhino Cement, which is ARM's flagship operation set up in 1997, launched its Tanzania cement production plant in Dar es Salaam this month. Turnover for the first three quarters of the year jumped 29 per cent to KES7.74bn compared to the same period the previous year. ARM s... |
Spain's cement consumption fall accelerates19 October 2012, Published under Cement NewsThe latest cement sales figures coming out of Spain offer little, if any, hope for the country’s cement producers that business may be picking up. While in August, a 34 per cent drop in sales was noted, September registered a worse contraction. Consumption barely made 1Mt, thus recording a 38 per cent decrease MoM to 1.047Mt. Cement factories noted a 27 per cent fall in output to 1.272Mt in September. For the year to date, national cement consumption fell by 34.6 per cent to 10.61Mt in ... |
ACC reports 52 per cent rise in 2QFY13 net profit19 October 2012, Published under Cement NewsACC Ltd reported the growth of 52 per cent in its consolidated net profit for the second quarter of FY12-13 and expects its sales volume to increase in the next quarter as the monsoon season has ended. Net profit during the July-September period was INR2.42bn rupees (US$45m) against INR1.59bn a year ago. Net sales rose 12 per cent to INR25.56bn during July-September 2012 period but sales volume declined five per cent to 5.4Mt. The steep increase announced in the price of diesel during ... |
Argentine shipments see MoM gains19 October 2012, Published under Cement NewsIn September 2012, Argentina shipments (including exports) reached 907,186t, representing 5.4 per cent increase compared to August. However, compared to September last year, shipments fell 17.8 per cent. Domestic consumption reached 889,649t, representing a rise of 5.8 per cent from the previous month. However, compared to September 2011 volumes were down 18.7 per cent. Source: Asociación de Fabricantes de Cemento Portland. |
Anhui Conch Cement sees strong September sales and output growth, China17 October 2012, Published under Cement NewsThe start of peak seasonal demand in China has boosted Anhui Conch's September sales and output as average prices register weekly gains. A China Securities Journal report said on Wednesday, which cited a number of brokers, said that subsidiaries of the cement giant have been running at full capacity, and some of their output in September has hit new high. In addition, some subsidiaries have exceeded the target output and sales tasks for September and the third quarter of this year. Its Hu... |
Brazilian cement sales rise 3.2% in September17 October 2012, Published under Cement NewsPreliminary estimates show that Brazilian cement consumption reached 5.7Mt in September 2012, a 3.2 per cent increase on the same month of last year. Data from Sindicato Nacional da Indústria do Cimento shows third quarter sales increased 3.5 per cent YoY following first and second quarter YoY rises of 13.7 and 5.9 per cent, respectively. For the nine months to September 2012, consumption reached 51Mt, representing a rise of 7.4 per cent compared to the same period of 2011. |
Vicem cement and clinker sales up 4.5%, Vietnam16 October 2012, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 14.44Mt of cement and clinker in the first nine months of this year, up 4.5 per cent from a year earlier. Of this total, 13.73Mt were sold in the domestic market, representing a rise of six per cent YoY, while 717,000t were exported, which was a fall of 18 per cent on year, the corporation said on its website. Vicem produced 10.97Mt of clinker in the first nine months of this year, up two per cent YoY. The corporation’s cement production,... |