Cement News tagged under: exports

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Advance in Argentine April cement consumption

11 May 2015, Published under Cement News

In April 2015 Argentine market demand expanded by eight per cent MoM while compared to April 2014, the figure rose by 16.7 per cent to 1,045,369t, according to the country’s cement association, AFCP. Domestic cement producers delivered 1,053,939t, including exports, representing a 7.5 per cent MoM  and a 16.4 per cent YoY increase.

PT Indocement

29 April 2015, Published under Cement News

Buoyed by a seven per cent increase in revenue in 2014 to IDR19,996bn (US$1.54bn), Indocement is pressing ahead with its capex plans this year. Gross profit also grew, up by five per cent to IDR9086bn, while EBITDA fell slightly by 0.3 per cent to IDR6853bn. By the end of 2015, the company’s new 4.4Mta plant in Citeureup is due to be operational, while it has also received AMDAL certification for its plant in Pati, Central Java. The Pati plant will have a production capacity of 2.5-4Mta a...

Lucky Cement posts double-digit rise in 9M net profit, Pakistan

24 April 2015, Published under Cement News

Lucky Cement recorded net profit for the nine months ending 31 March 2015 of PKR9.30bn (US$91.5m), up 13.7 per cent YoY. The company's gross profit increased by 7.2 per cent during the nine months as its net sales revenue improved by 5.38 per cent to PKR33.15bn against PKR31.45bn for the corresponding period of last year. The increase in net sales revenue was attributed to a 4.03 per cent increase in volume and 1.35 per cent increase in net retention prices. Sales volumes increase...

Pakistan export volumes and revenues down over first nine months

23 April 2015, Published under Cement News

Pakistan cement exports in the first nine months of the current fiscal fell 6.75 per cent YoY to 6Mt. Export revenues, meanwhile, were down by 6.86 per cent to US$349.04m over the July 2014-March 2015 period. In terms of the Pakistan rupee, exports fell by 9.54 per cent to PKR35.31bn and the average price was down to US$58.08m versus US$58.15m in the year-ago period. In March 2015 alone, Pakistan exported 439,017t of cement on revenues of US$24.99m, representing a MoM decline of 16.38 ...

Ciments de Bizerte registers 20% drop in 1Q15 turnover

22 April 2015, Published under Cement News

Tunisia’s Ciments de Bizerte saw its turnover fall by 19.6 per cent YoY in 1Q15 to TND11.115m. In Tunisia, the figure fell by 11.5 per cent as domestic demand fell by 9.7 per cent. However, the company noted a 84 per cent drop in exports due to the volatility of the Algerian market and the weak demand from Libya.

Clinker, cement account for 42% of Vietnam's 1Q exports to Bangladesh

22 April 2015, Published under Cement News

Clinker and cement remained Vietnam’s major exports to Bangladesh in the first quarter of this year with export revenue of US$70.1m despite a decline of 33.6 per cent from the same period of last year. The figure accounted for 42 per cent of the country’s total exports to Bangladesh in the period, the Vietnamese Ministry of Industry and Trade said on its website late Tuesday.

Japan: positive export pricing & volume trends continue

20 April 2015, Published under Cement News

Fiscal 2015 export price negotiations between major Japanese cement producers and customers in Asia have concluded with prices remaining virtually unchanged from the high level of fiscal 2014 on the back of robust demand, according to a Nikkei report. Annual contract prices are negotiated each spring by cement producers led by Ube-Mitsubishi Cement, Taiheiyo Cement and SumitomoOsaka Cement. This year's round of negotiations has resulted in a contract price of US$40-45/t, an increase of US$1...

Peru cement sales down 1%, exports up 50% in March

17 April 2015, Published under Cement News

Peru’s cement dispatches fell one per cent YoY to 806,000t in March as public spending was down and rains affected the construction industry, according to cement association Asocem. Regional and municipal governments saw their spending cut by 30 and 61 per cent, respectively. Output in the country’s cement plants increased two per cent to 861,000t when compared with March 2014. A 50 per cent rise in exports in the month helped producers to compensate for the lower domestic sales. Looking ...

Saudi Cement net profit up 6%

17 April 2015, Published under Cement News

Saudi Cement has reported a 5.9 per cent increase in first-quarter net profit on Tuesday as higher exports boosted its earnings. Saudi Arabia's largest cement company by market value said in a bourse filing its net profit for the three months to 31 March was SAR303m (US$80.8m), compared to SAR286m in the corresponding period of 2014. It attributed its net profit rise to increased export sales and higher profit from associated companies.

Semen Padang posts 1Q sales decline, Indonesia

14 April 2015, Published under Cement News

PT Semen Padang, part of the Semen Indonesia group of companies, reported a 6.8 per cent decrease in sales volumes in the first quarter of this year to 1.5Mt. "The poor sales of cement were attributed to the sluggish domestic demand," said Semen Padang president director Benny Wendry told local press on Monday. However, the company does not intend to rein in production levels and maintains its target of 7.6Mt, according to Wendry. It plans to offset the slump in domestic sales by stepping...