Cement News tagged under: consumption
Steppe 3Q12 revenue increases, revises Kazakhstan demand outlook upwards16 October 2012, Published under Cement NewsKazakhstan-based producer Steppe Cement Ltd said 3Q12 revenue of KZT7.23bn (US$48m) was 28 per cent higher than the corresponding quarter in 2011 and has revised the demand outlook for the Kazakhstan market upwards for full year 2012. For the nine months ended 30 Setptember, Steppe Cement recorded revenue of KZT14.96bn compared with KZT11.93bn in the corresponding nine month period in 2011, representing a 25 per cent improvement. Sales of 518,433t were achieved during the third quarter... |
Saudi Cement 3Q12 net profit rises, Saudi Arabia15 October 2012, Published under Cement NewsSaudi Cement Co reported a 7.3 percent increase in quarterly profits on higher domestic sales, Reuters reported. The company said it made US$56m net profit during the third quarter, up from US$51.9m a year ago. The company said local demand for cement and clinker grew in the July-September period. Saudi Arabia is witnessing big developments driven by the government's strategy diversify its economy away from oil. Saudi Cement also said that is operational profit for the period increased by... |
Pakistan cement market progress15 October 2012, Published under Cement NewsLatest statistics on the Pakistan cement sector show that the country will have ended the first quarter of FY12-13 (July-September 2012) ahead of the same period as last year as September sales gather pace on the back of increased real estate activity and higher government infrastructure spending. Improving prices and government incentives are likely to further spur industry profitability but declining exports remain a concern. Preliminary estimates for September 2012 dispatches show tota... |
Indonesian September sales rise 34.4 per cent YoY12 October 2012, Published under Cement NewsIndonesian cement sales in September surged to a record high in September after dipping a month ago due to fewer working days during the Muslim festivities, data from the country's largest cement producer PT Semen Gresik Tbk showed on Friday. September sales soared 34.4 percent from a year ago to 5.2Mt boosted by increasing monthly sales in main islands of Java and Sumatra, the data said. While sales in the island of Moluccas and Papua fell 21.7 percent on a monthly basis. "We... |
Ecuador sales rise 4.3 per cent, Jan-Sept11 October 2012, Published under Cement NewsSales by domestic cement producers in Ecuador reached 4.36Mt between January-September 2012, up 4.3 per cent YoY compared to the same period of last year (4.18Mt). Data from the Instituto Ecuatoriano del Cement Y Hormigon shows that sales for September 2012 reached 519,919t representing a 4.1 per cent rise compared to September 2011 figures which stood at 499,369t. |
US shipments rise 14% YoY, Jan-July 201210 October 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for the year through July were 44.4Mt, up by about 14%, data from the US Geological Survey (USGS) showed. The leading producing states in July were Texas, California, Missouri, Michigan, and Florida, in descending order and accounted for about 43 per cent of total output. The leading consuming States (Texas, California, Florida, Ohio, and Illinois, in descending order) received about 35 per cent of the Jul... |
Latin American cement demand rises in 2Q201209 October 2012, Published under Cement NewsCement consumption in the second quarter in major Latin American economies closely reflected the current economic cycle and countries such as Peru, Bolivia and Chile stood out for their dynamism against a background of overall economic growth, according to the latest Infrastructure, Water & Waste Stats report by BNamericas. Peru noted a 18.3 per cent YoY rise to 2.235Mt in cement demand. For 2012, the country is expected to grow by 5.9 per cent, making it the fastest-growing economy in the ... |
Deliveries to Lebanon decline during Jan-July 201208 October 2012, Published under Cement NewsCement deliveries to Lebanon declined by 5.32 per cent YoY to 3,075,466t during the first seven months of 2012, from 3,248,415t a year earlier. On a monthly basis, deliveries eased by 4.55 per cent to 488,690t in July compared with 511,973t in June. The average monthly growth rate in cement deliveries reached 4.32 per cent during the first seven months of 2012 compared with a higher 7.21 per cent growth in the same period in 2011. The compounded annual growth rate in cement deliveri... |
Indian producers seen posting higher 2QFY13 figures05 October 2012, Published under Cement NewsIndian cement manufacturing companies are expected to put up a robust performance this quarter owing to higher dispatches and lower raw material costs. The Economic Times of India reports that cement demand was higher this quarter on account of the monsoon being slightly weaker than normal. In addition, lower coal prices may lead to improved realisations. As a result, ACC Ambuja Cements and Grasim Industries are expected to double net profits from year-ago levels following double-digit sales... |
Ambuja Cements September sales and output climb, India04 October 2012, Published under Cement NewsIndian producer Ambuja Cements said sales rose 4.73 per cent to 1.55Mt in September from 1.48Mt in the same month a year ago, the company said in a statement. The company reported growth of 6.85 per cent in cement production at 1.56Mt, compared to 1.46Mt in September 2011. For the first nine months of this year, sales reached 16.37Mt, a 6.23 per cent increase compared to 15.41Mt in the same period of last year. Production, meanwhile, rose six per cent during the period to 16.38Mt from 15.4... |