Cement News tagged under: exports
Exports offset domestic losses for Molins25 November 2013, Published under Cement NewsThe third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, offsetting the EUR32.5m loss registered in the domestic market. In the first nine months of the year, consolidated turnover slipped by 9.7 per cent YoY to EUR621m. Around 10.5 per cent was shaved of the turnover originated in Spain while the lower contribution of Mexican subsidiary and the consolidation of Cementos ... |
UGTA strike impacts Pakistan cement exports, raw material supplies15 November 2013, Published under Cement NewsAn indefinite strike by Pakistan’s Goods Transporters Alliance (UGTA), now in its 10th day, is impacting the delivery of cement exports as well as raw material supplies. Export consignments from cement factories to the Karachi and Muhammabd Bin Qasim ports in the Sindh Province have been disrupted due to the non-availability of trucks. Supplies of raw materials to cement factories from the ports also remain suspended. The MV Alam Sayang vessel is waiting at Port Qasim to load cement. M... |
US August cement shipments ahead YoY14 November 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico in August 2013 rose five per cent YoY to 8.6Mt, data from the US Geological Survey shows. Shipments for the year through to August were also up slightly to 53.7Mt. The leading Portland cement-producing states, during August were Missouri, Texas, California, Michigan and Florida, in descending order, which accounted for about 43 per cent of total shipments for the month. The leading consuming states (Texas, California,... |
Raysut sales ease in first nine months, Oman12 November 2013, Published under Cement NewsRaysut 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 months12 November 2013, Published under Cement NewsIn 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 months05 November 2013, Published under Cement NewsIran 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 Venezuela04 November 2013, Published under Cement NewsThe 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 imports04 November 2013, Published under Cement NewsSaudi 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, Pakistan25 October 2013, Published under Cement NewsDG 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 target24 October 2013, Published under Cement NewsThe 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... |