Cement News tagged under: exports

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Semen Indonesia full-year net profit falls

24 February 2016, Published under Cement News

PT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier. In its financial report published Tuesday, the company's 2015 revenues totalled IDR26.95trn, virtually flat from the IDR26.99trn in 2014 amid sluggish demand. The company's president director Suparni attributed the fall in net profits to the increase in electricity and distribution costs, as well as the depreciation of the rupiah against the US dollar, lo...

Senegal: cement output increases 13% in 2015

24 February 2016, Published under Cement News

Cement production in Senegal rose 12.9 per cent in 2015 when compared with the previous year, according to the country’s Directorate of Economic Forecasting and Studies (DPEE). Cement producers Sococim and Cements du Sahel expanded their output from 4,939,200t in 2014 to 5,576,000t in 2015. The rise has been mainly attributed to a 22.3 per cent increase in export sales, which jumped from 1,842,300t to 2,253,800t over the same period. Domestic sales rose by 6.4 per cent at 3,317,200t, ...

Kenya's capacity drive

23 February 2016, Published under Cement News

Kenya's cement consumption is expected to increase on the back of planned investment in infrastructure and housing and domestic cement capacity is able to meet these requirements. The country’s existing producers are expressing their confidence in the future by expanding their production facilities, positioning themselves to fight off competition by new entrants and imports. Bamburi Cement, part of LafargeHolcim, operates a 1Mta grinding plant at Athi River, near the Kenyan capital of...

Weaker exports reduce clinker production at Toral de los Vados, Spain

22 February 2016, Published under Cement News

Clinker production at Cementos Cosmos' Toral de los Vados factory in Spain declined by 10 per cent in 2015 to 600,840t. The drop in production has been mainly attributed to lower exports. According to the director of the factory, Jaime Santoalla: “Our lack of competitiveness is leaving us out of some export markets. In addition, there is also the economic crisis in Brazil, a country that had become a strategic target for us and has seen a substantial reduction in clinker demand. " In M...

Indonesia: robust monthly cement sales gains

19 February 2016, Published under Cement News

Official Indonesia cement industry statistics for January 2016 show robust gains in domestic demand and exports compared to the previous year. Local cement consumption in January 2016 climbed 4.4 per cent to 5.14Mt. Monthly consumption was up in all but two regions: • Java (+5.3 per cent) • Sumatra (15.8 per cent) • Sulawesi (+19.0 per cent) • NT (+1.6 per cent) • Kalimantan (-30.6 per cent) • Maluku & Irian Jaya (-13. per cent) Including cement exports of 33,926t (+371.2 p...

Saudi producers prepare for discussions over export ban

19 February 2016, Published under Cement News

Saudi cement producers will meet government officials soon to discuss lifting the ban on their exports by around 20 per cent, a Saudi daily reported. In turn cement producers will ensure a two-month supply for the local market, the Arabic-language Alyaum newspaper said, quoting Abdullah Ridwan, chairman of the construction and property committee at the Jeddah chamber of commerce and industry. “The cement companies in the Kingdom are preparing to meet representatives from the commerce and i...

Peru’s cement demand edges down in January

16 February 2016, Published under Cement News

Cement consumption in Peru slipped by 0.4 per cent YoY from 816,000t in January 2015 to 813,000t in January 2016, according to the country’s cement association, Asocem. In addition, clinker exports reached 28,000t, down 69 per cent, while cement exports fell by 29 per cent to 29,000t during the first month of 2016. On the supply side, production increased 0.1 per cent from 857,000t to 858,000t. Cement imports totalled 50,000t, up 13 per cent YoY, while 44,000t clinker was also imported....

Pakistan: Cherat Cement 1HFY16 profit rises 6%

12 February 2016, Published under Cement News

Pakistan producer Cherat Cement Co reported a profit after tax of PKR676.2m (US$6.48m) in the first half of FY16 versus PKR639.8m a year earlier, which translates to a six per cent YoY rise. The company reported stable dispatches (+1 per cent) stemming from rising domestic sales which were up by 13 per cent YoY. The advance in local dispatches was attributed to an acceleration in private sector construction activity and the partial materialisation of the projects under the government's bu...

Pakistan: cement export volumes down by almost one-third in 6MFY15-16

09 February 2016, Published under Cement News

Pakistan recorded a marked fall in exports over the first six months of the current fiscal, largely on the back of weaker demand and increased competition.   Export revenues were down by 36.54 per cent YoY during the July-December period (ie, 6MFY15-16) to US$170.46m, according to data from Pakistan Bureau of Statistics. Export volumes fell by 32.79 per cent YoY to 3.079Mt. In December 2015 alone, Pakistan exported 434,781t on revenues of US$22.89m compared to 569,620t at US$30.12m in No...

Domestic sales drive Pakistan dispatch growth

08 February 2016, Published under Cement News

Pakistan cement dispatches increased by 6.38 per cent to 21.3Mt in the first seven months of the current fiscal compared to 20Mt in the corresponding period of FY14-15, according to the All Pakistan Cement Manufacturers Association. The increase is attributed to robust growth in domestic dispatches, which rose by 15 per cent YoY to 17.9Mt. Exports, on the other hand, declined by almost a quarter to 3.4Mt from 4.5Mt a year earlier. Closer analysis of domestic dispatches shows shipments f...