Cement News tagged under: exports

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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...

Preliminary Pakistan data indicates September sales decline

08 October 2015, Published under Cement News

Total cement industry dispatches in the month of September 2015 have decreased by eight per cent YoY, dragged down by a steep fall in exports, according to provisional cement sales figures. The data from an InvestCap Research report, published in The Express Tribune (Pakistan), indicated that sales were down to 2.9Mt versus 3.2Mt in September 2014. Compared to August 2015, September sales were down five per cent MoM. Demand in the domestic market continued to increase thanks to advances ...

Argentina's total cement sales increase 7% YoY September

05 October 2015, Published under Cement News

Total cement sales increased 14.9 per cent MoM and seven per cent YoY to 1.128Mt in September, according to AFCP, the Argentine cement producers’ association. In the domestic market, around 1.131Mt was dispatched – up 15.7 per cent MoM and 8.2 per cent YoY. While exports fell 46 per cent from 8863t in September 2014 to 4780t in September 2015, MoM they registered a 15 per cent rise. Imports rocketed from 421t in September 2014 to 7732t one year later. There were no imports in Augus...

Pakistan cement industry records revenue growth of 3.4% in FY15

28 September 2015, Published under Cement News

Pakistan's domestic dispatches grew by 7.9 per cent YoY in FY15 to 28.2Mt, while exports fell 11.6 per cent YoY to 7.2Mt. The drop in exports limited revenue growth in the Pakistan cement sector to 3.4 per cent YoY. Overall profitability increased by 20 per cent YoY in the last fiscal to PKR35.6bn compared with PKR29.7bn in FY14.   The outlook on local dispatches remain strong due to the initiation of China–Pakistan Economic Corridor (CPEC) projects and the construction of major dams...

Argentina sees August cement sales edge downward

14 September 2015, Published under Cement News

In August 2015 Argentina’s cement producers dispatched 981,621t of cement (including exports), down 8.6 per cent MoM and 2.2 per cent YoY, according to the country's cement association, AFCP. The country’s cement demand fell by 8.6 per cent MoM but by only 1.6 per cent when compared with August 2014. Total domestic shipments reached 977,469t and no cement was imported. For the first eight months of 2015, Argentina’s cement consumption supplied by domestic producers reached 7,924,210t,...