Cement News tagged under: exports

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Iran nuclear deals may affect cement exports from Pakistan

11 August 2015, Published under Cement News

Pakistan exporters and brokerage houses have shown mixed reactions on Iran's nuclear deal with major world powers, with some expecting Pakistan’s cement exports to decline after the lifting of sanctions on Iran. “I think the drop in Pakistani cement exports may range between 10 and 15 per cent after December 2015,” an official of a leading cement maker told local media. An analyst at KASB Securities said the removal of sanctions on Iran will not aggravate current competition situation in...

Pakistan export pressures continue through FY14-15

10 August 2015, Published under Cement News

Pakistan exported 7.682Mt and earned US$443.63m in FY14-15 (July 2014 - June 2015) compared to 8.81Mt at US$508.15m, according to data from the country's Bureau of Statistics. The data translates to a fall of 12.88 per cent and 12.77 per cent in terms of quantity and revenue, respectively. Statistics show that exports to Afghanistan were down by 21.4 per cent to 2.87Mt compared to 3.65Mt during FY13-14. A spokesman for the All Pakistan Cement Manufacturers Association attributed the d...

Argentina: July cement demand climbs 12.6% YoY

07 August 2015, Published under Cement News

The Argentinean cement market expanded by 1.3 per cent MoM and 12.6 per cent YoY in July 2015, according to domestic cement producers’ association, AFCP. The country’s cement plants dispatched 1,073,762t, including 4140t of exports, a YoY increase in total deliveries of 11 per cent and a MoM rise of 1.3 per cent. No cement was imported. For the year to date, domestic consumption advanced by 11.3 per cent YoY to 6,946,742t from 6,243,587t, but exports fell by 37.8 per cent from 103,444...

Pakistan – preliminary figures: MoM sales down by a third

03 August 2015, Published under Cement News

Pakistan cement sales fell by 33 per cent in the first month of FY15-16 to 2.19Mt, preliminary data from AHL Research shows. During July 2015, domestic demand dropped by 36 per cent MoM to 1.74Mt while exports were down by 17 per cent to 499,000t, data from the report published in the Tribune (Pakistan), revealed. On a regional basis, exports were down 27 per cent MoM but rose by six per cent in the southern region. The decline in sales is attributed to Ramadan as well as a reduction in...

Namibia’s Ohorongo Cement is boosted by exports

31 July 2015, Published under Cement News

Ohorongo Cement, Namibia’s sole cement manufacturer, has produced about 2.4Mt of cement for both local and foreign consumption over the past five years, according to managing director Hans-Wilhelm Schütte. Situated over 30km north of Otavi in the Otjozondjupa region of Namibia, the plant produces around 4400 bags of cement per hour, which is dispatched to local and export markets such as Zambia, Angola, the Democratic Republic of Congo and the UK. Ohorongo Cement began production in De...

Senegal cement sales up 0.7% in 5M15

27 July 2015, Published under Cement News

Demand for cement in Senegal edged up 0.7 per cent YoY to 1,432,100t in January-May 2015, according to national Planning and Economic Study Directorate. Production in the first five months of 2015 increased 9.6 per cent to 2,444,100t when compared with 2,230,800t noted in 5M14. Output was buoyed by a 26 per cent YoY rise in exports, which surpassed the 1Mt mark at 1,050,400t during the five-month period.

Caribbean Cement Co swings to first-half profit, Jamaica

23 July 2015, Published under Cement News

Caribbean Cement Co Ltd (CCCL) reported a consolidated profit of JMD869.3m (US$7.42m) for the first six months of 2015, compared to a loss of JMD53.2m in the corresponding period of 2014 – an improvement of JMD922m. The TCL group company said revenue during the first half of this year rose by four per cent (or JMD276m) over the period, mainly driven by improved domestic sales volumes and increased clinker exports which compensated for the decline in cement exports. EBITDA increased by JMD8...

Vicem half-year sales dip 0.5%, Vietnam

22 July 2015, Published under Cement News

Vietnam Cement Industry Corporation (Vicem), the country’s leading state-owned cement producer, said its cement and clinker sales slipped 0.5 per cent to 10.73Mt in the first half of 2015. Of the volume, 9.58Mt were sold in the domestic market (+7.1 per cent YoY) while 1.15Mt were exported (-37.7 per cent). In the first half of this year, Vicem produced 8.36Mt of clinker and 9.2Mt of cement, rising five per cent and 6.1 per cent YoY, respectively. As of June 30, Vicem had 1.75Mt of ce...

Egypt: Suez Cement 2Q net profit drops 57%

22 July 2015, Published under Cement News

Suez Cement posted a second-quarter net profit of EGP60.9m (US$7.8m) on Tuesday, down 57.2 per cent from the EGP142.5m recorded a year earlier. Revenue over the three month period declined by 15 per cent due to lower prices and exports. Suez Cement said it was diversifying its energy sources to mitigate the impact of shortages which "affected negatively the company's profits".

Carthage Cement sees 2014 rise in sales but 1Q15 slips

15 July 2015, Published under Cement News

Carthage Cement experienced a positive start to 2014 although faced a more challenging market environment in the second half of the year, according to the company’s 2014 annual report. In 2014, Carthage Cement produced 1.346Mt of clinker and 1.022Mt of cement. While in the first five months, Tunisia’s cement market experienced growth, from June onwards, this decelerated and stalled. As a result, Carthage Cement increased its exports, including 216,819t to Algeria, and effectively positione...