Cement News tagged under: exports

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Egypt's new-found energy

09 November 2015, Published under Cement News

Following its successful navigation of turbulent social and political waters, the Egyptian cement industry has more recently had to face the challenge of overcoming gas shortages and a phase-out of power subsidies. Diversifying energy and power sources has now become a key priority as producers look to secure supplies, stabilise production and serve growing demand. By Shady Sharaf, Aboubakr Emam, CFA & Kamal El-Sheikh, Cairo Financial Holding, Egypt. Arabian Cement Co converted its pl...

TCL quarterly revenue boosted by higher volumes, clinker exports

06 November 2015, Published under Cement News

Trinidad Cement Ltd's (TCL) revenue rose by seven per cent in 3Q15 to TTD550.1m (US$86.3m) compared to TTD513.7m a year earlier, mainly to increased cement sales volume of 13 per cent in its domestic markets and higher clinker exports. During the second quarter the group was able to successfully refinance the restructured debt with a bridge loan and in so doing, benefitted from prepayment discounts which has been reflected in our Q2 results. In the third quarter, the group successfully...

Pakistan July-October sales boosted by strong domestic demand growth

05 November 2015, Published under Cement News

Pakistan cement dispatches in the first four months of FY16 increased by 3.79 per cent YoY to 11.398Mt, according to the All Pakistan Cement Manufacturer’s Association (APCMA). Domestic sales during the period climbed to 9.37Mt, representing a YoY increase of 14.38 per cent – the fastest growth in the last eight years, the industry body noted. However, exports fell by just over a quarter to 2.028Mt versus 2.79Mt in the comparative period of last year. Regional breakdown Closer anal...

Argentina’s monthly cement consumption 2.5% ahead

04 November 2015, Published under Cement News

The Argentina cement market saw increased sales in October 2015, up 2.5 per cent YoY from 1,100,852t to 1,127,869t, according to AFCP, the country's cement association. Export sales, however, fell by 56 per cent from 14,344t to 6342t over the same period. In the year to date, dispatches rose 8.4 per cent to 10,175,570t from 9,383,267t posted in January-October 2014. Exports experienced a 42 per cent fall from 137,249t to 79,602t.

Vietnam 10-month sales edge ahead

03 November 2015, Published under Cement News

Vietnam sold 58.66Mt of cement and clinker in the first 10 months of this year, rising one per cent from a year earlier and fulfilling 80 per cent of the whole-year target, the Building Material Department under the Ministry of Construction said. The total comprised 45.51Mt of domestic sales (+9 per cent YoY), the Xay Dung online newspaper cited the department as saying. In October, the country’s cement sales rose 15 per cent MoM to 6.37Mt, including 5.07Mt of domestic sales, up 14 per ...

Germany's housing benefits

26 October 2015, Published under Cement News

Following last year’s recovery in German cement demand, a subdued start to 2015 means growth is likely to peter out. Housebuilding continues to recover from a low base, but the outlook for industrial construction appears downbeat. On the corporate front, M&A activity and asset swaps by European majors have led to some German plants now being under new management. German housing continues its recovery and increases its share of German construction activity The German economy grew...

Attock Cement 1Q net profit up 2%

26 October 2015, Published under Cement News

Attock Cement announced a net profit of PKR470m (US$4.5m) in the first quarter (Jul-Sep) of fiscal year 2015-16, up just two per cent compared to the profit it earned in the same period of the previous fiscal year. Earnings per share (EPS) were up to PKR4.20 from PKR4.11 in the period under review. The company registered a 10 per cent YoY decline in sales mainly on the back of a 10 per cent reduction in dispatches, a report by Arif Habib Limited published in the The Express Tribune (Pakist...

Peru’s demand falls 1.9% in September

16 October 2015, Published under Cement News

Cement dispatches in Peru slipped 1.9 per cent in September to 0.887Mt from 0.905Mt in September 2014, according to Asocem, the country’s cement association. Exports declined by 13.9 per cent to 26,000t in September. Cement production increased 4.6 per cent YoY to 0.958Mt as the new plant of Cementos Pacasmayo, located in Piura, came on-stream. However, Asocem said: “The September production [figure] includes several tests at the new plant and therefore the strong rise in output is an anom...

Pakistan: August export volumes and revenue down YoY

09 October 2015, Published under Cement News

Pakistan exported 558,049t of cement on revenues of US$32.08m in August 2015, down 42.88 and 44.36 per cent in terms of volume and revenue on a YoY basis, according to the country's Bureau of of Statistics. Compared to July 2014, volumes rose by 18.88 per cent and revenues increased by 16.54 per cent. Exports over the first two months of the current fiscal (beginning in July 2015) to Afghanistan declined by 18.24 per cent to 394,500t YoY. Export to India over the July-August 2015 period...

Vietnam may fall short of full-year export target

09 October 2015, Published under Cement News

Vietnam’s cement sector is unlikely to fulfill this year’s export target of over 20Mt of cement and clinker, the Vietnam National Cement Association (VNCA) said. Cement and clinker producers in the country will likely export between 15-16Mt by year end, versus 20.5Mt in 2014, the Xay Dung online newspaper cited the association as saying Wednesday. In the first nine months of this year, the sector exported nearly 12Mt of cement and clinker worth US$520m, down 26 and 27 per cent in volume an...