Cement News tagged under: exports

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Raysut sales ease in first nine months, Oman

12 November 2013, Published under Cement News

Raysut Cement, the leading cement producer in Oman, reported a rise in pretax profit for the first nine months of 2013, but sales eased due in part to competition from neighbouring UAE. During the Jan-September 2013 period the company reported a 12.6 per cent YoY rise in net profit before tax of OMR21.52m (US$55.9m). Revenue was down slightly to OMR70.18m compared to OMR70.35m in the same period of the year. The company said that competition from the UAE is likely to continue, putting pres...

Vicem sees significant rise in exports in first 10 months

12 November 2013, Published under Cement News

In the first 10 months, Vietnam Cement Industry Corporation (Vicem) sales rose by 9.2 per cent YoY to 17.65Mt, including a significant rise in exports. Of the total, 15.84Mt was sold in the domestic market, while 1.8Mt was exported, up 4.8 per cent and 74.2 per cent YoY, respectively. Between January and October, Vicem’s cement and clinker output rose by 9.3 per cent and 10.4 per cent on-year to 12.39Mt and 12.46Mt, respectively. In October alone, the state-owned group sold 1.77Mt of...

Iran’s exports rise 15.79% in first seven months

05 November 2013, Published under Cement News

Iran exported some 7.714Mt of Portland cement during the first seven months of the current Iranian calendar year (beginning 21 March 2013), representing a 15.79 per cent YoY rise. Clinker exports reached 1.61Mt, up 144.65 per cent on the same period of the previous year,  data from the Iranian Custom Administration showed. In the last calendar year, Iranian cement and clinker exports were 13.648Mt, comprising 11.85Mt of cement and 1.79Mt of clinker.

Jamaica signs CCCL export agreement to Venezuela

04 November 2013, Published under Cement News

The government of Jamaica has signed an agreement for Caribbean Cement Co Ltd (CCCL) to supply cement to Corporación Socialista del Cemento under the PetroCaribe agreement, local media have reported. However, the arrangement is yet to be approve from authorities in Venezuela. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. While the propo...

Significant rise in Saudi Arabia clinker imports

04 November 2013, Published under Cement News

Saudi cement companies have reported a significant rise in clinker imports over the first three quarters of the year while cement exports decline. Clinker imports totalled 1,925,000t during 9M13 compared to 399,000t in the same period of last year, an increase of 382.4 per cent, according to a report, prepared by Al-Eqtisadiah daily. Some 39,000t of cement was imported over the first nine months of the year. Exports, on the other hand, fell by 55 per cent to 245,000t in the nine months ...

DG Khan sees 17% decline in first-quarter exports, Pakistan

25 October 2013, Published under Cement News

DG Khan Cement reported a lower-than-expected post-tax profit of PKR1.07bn (US$10m) in the first quarter of the current fiscal year, down 26 per cent from the PKR1.44bn reported in the same period of last year. The decline is mainly being attributed by analysts at Summit Capital to a decline in sales which fell six per cent YoY to 903,000t compared to 964,000t in the same period of last year. Local sales fell one per cent to 621,000t while exports fell by a substantial 17 per cent YoY to 2...

Bangladesh sets next export revenue target

24 October 2013, Published under Cement News

The government of Bangladesh has set an export revenue target of US$6.46m for cement, stone and salt over FY13-14 its export Promotion Bureau (EPB) has said. However, the country is facing a number of challenges as deliveries to its main export market of India have recently been in decline. Over FY12-13 Bangladesh exported US$6.15m, with earnings including minor amounts of stone and salt. In July 2013 alone, Bangladesh earned export revenues of US$0.71m compared to US$0.56m in the same mont...

Cimpor to refocus Portuguese operations towards exports

16 October 2013, Published under Cement News

With Portuguese cement demand remaining subdued, Cimpor is trying to reorientate cement output from its domestic operations towards export markets, CEO, Ricardo Lima, has said. Speaking to economic daily Diario Economico, Mr Lima said that the company is trying to transform Portugal to an export platform. The company currently has an installed cement capacity of some 9Mt in the country while domestic demand stands at just 1.5Mta. Exports volumes have doubled in the past two years with mar...

Armenian exports rise in first six months of 2013

16 October 2013, Published under Cement News

Armenian cement exports have increased over the first six months of the year despite a drop in domestic output. Data from the National Statistics Service reported by ArmInfo that over the January-June 2013 period, cement production declined 3.2 per cent to 180,000t from 186,300t in the same period of the year before, while exports rose 64 per cent from 56,000t in 1H12 to 92,000t in the first half of this year. While the Armenian construction market continues to feel the effects of the ...

Vicem sales rise 9.5% in first nine months

11 October 2013, Published under Cement News

Vietnam Cement Industry Corporation (Vicem) reported a 9.5 per cent YoY rise in sales for the first nine months of 2013 to 15.84Mt, meeting 72.3 per cent of its full-year target. Of the total, 14.35Mt of sales were destined for the domestic market, a rise of 6.2 per cent YoY (comprising 11.61Mt of cement and 2.74Mt of clinker). Meanwhile, 1.49Mt of cement and clinker were exported, representing a strong advance of 57.8 per cent on the same period of the year before. The corporation pro...