US cement shipments down 8% in April
Shipments of Portland and blended cement in the US and Puerto Rico fell 7.5 per cent YoY to 8.1Mt in April 2020, according to the US Geological Survey (USGS). The leading cem...
Covid-19
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FLSmidth's 2Q20 preliminary report sees 29% decline in order intakes
FLSmidth released its preliminary 2Q20 report ahead of the full interim 2Q20 results due to the volatility in order intake and revenue combined with the suspension of guidance ...
Arabian Cement sees 80% fall in 2Q net profit
Arabian Cement Co reported a net profit of SAR7.6 (US$2) m in the 2Q20, down 79.6 per cent YoY. In the 2Q19 net profit reached SAR37.3m. Revenue declined by 15.2 per cent YoY...
Dry bulk outlook amid COVID-19 impact
As the coronavirus took hold of global economic activity, dry bulk trade crashed. As some parts of the world cautiously move out of lockdown, what is the outlook for the shippi...
Spain's cement demand falls 17% in 1H19
Cement consumption in Spain declined 16.5 per cent to 6.1Mt in the first half of 2020 when compared with the 1H19, according to Oficemen, the country’s cement association. The...
Eagle Cement Corp will pursue expansion plans
Eagle Cement Corp will pursue its expansion plans despite the impact of the coronavirus pandemic. Expansion-related capital expenditures will continue while spending for non-c...
Rwanda's cement shortage sparked by classroom building
Cimerwa is seeing a sharp rise in cement prices in Rwanda, following a cement shortage that has been driven by the Ministry of Education's programme for 20,000 classrooms to b...
Bangladesh: overcoming industry pressures
Cement demand in Bangladesh has been growing fast and potential is strong. However, in 2019 producers faced a number of setbacks, added to which now is the COVID-19 impact. By ...
Pakistan's cement export volumes rise
Pakistan's Federal Bureau of Statistics (FBS) has released cement export data for the 12 months of July-June (2019-20). During this period, the quantity of cement exports incre...
Will Turkish cement exports come under pressure?
As the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish tra...