Cement News tagged under: exports
Vietnam surpasses annual sales targets05 November 2018, Published under Cement NewsThe Vietnamese cement industry has surpassed its annual sales target of 83-85Mt in the first 10-months of 2018, on the back of high demand in global markets. The country's industry recorded a 51 per cent YoY increase in sales to 85.23Mt in the 10M18, according to the Ministry of Construction. Exports reached 26.05Mt, rising 65 per cent compared to the year-ago period. Mainland China has become the largest importer of cement and clinker from Vietnam with 6.56Mt at US$235m in the first three ... |
End of Yemeni conflict could provide lifeline for Saudi exporters02 November 2018, Published under Cement NewsCNBC reported that US Secretary of State Mike Pompeo and Defense Secretary Jim Mattis have called for a cessation of hostilities in Yemen and the start of a conflict resolution – if it is indeed one – could open up an opportunity for regional cement players. According to World Bank estimates, Yemen would need over many years and some US$85-90bn for its reconstruction process. According to initial estimates, this would translate to cement demand in the range of 8-10Mta (assuming a 10-year r... |
PT Semen Indonesia30 October 2018, Published under Cement NewsIn the opening eight months of 2018, Semen Indonesia saw its export sales advance by 42.7 per cent YoY to 1.99Mt. According to the company, it is targeting export sales of 3.2Mt for the year as a whole. “The achievement of export sales from January to August 2018 proves that the quality of products produced by Semen Indonesia has been recognised and has high competitiveness,” said Hendi Prio Santoso, president director of Semen Indonesia. To further boost its export sales, the company ... |
CMA meets with government Commerce and Industry advisor29 October 2018, Published under Cement NewsDuring a meeting on 27 October, Pakistan's Cement Industries Association (CMA) has informed the the country's Advisor to the Prime Minister on Textile, Commerce, Industry, Production and Investment, Abdul Razak Dawood, that Pakistani companies are exporting clinker by sea to Bangladesh, where clinker demand and prices have risen. "It's a good breathing space for Pakistani cement manufacturers to export our surplus clinker to Bangladesh and other parts of the world," said the CMA> Abdul R... |
Increased export revenue MoM and YoY for Pakistan producers in 3MFY1929 October 2018, Published under Cement NewsAccording to the Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$29.05m by exporting 671,913t of cement during September compared to US$27.57m on 617,745t of cement in previous month. This represents a MoM growth of 5.4 per cent and 8.8 per cent in terms of value and quantity, respectively. Compared to September 2017, earnings of US$17.76m on 359,766t of cement, it translates to a growth of 63.5 per cent in earning of foreign currency and 86.... |
Vietnam market expands 23% YoY in September25 October 2018, Published under Cement NewsDomestic cement sales in September rose 23 per cent YoY in September 2018 to 5.313Mt, according to data published by the Vietnam National Cement Association (VNCA). MoM a decrease of two per cent was reported. Of this total, VICEM supplied 1.801Mt as a stand-alone company and an additional 1.532Mt with joint-venture companies. Other cement producers supplied 1.98Mt. Total output from the country’s cement facilities reached 6.209Mt in September, bringing the year-to-date total to 47.534Mt. ... |
Algeria steps up exports24 October 2018, Published under Cement NewsGICA, LafargeHolcim and Biskria are expected to export 0.5Mta of cement and clinker from Algeria by the end of 2018 – mainly via the port of Djendjen, according to Abdesselem Bouab, general manager of the port. Since May, GICA has completed three export deliveries for a total of 110,000t of cement. The company’s total contract totals 200,000t and represents a value of over US$4m. In the near future, GICA is planning up to 2Mt. LafargeHolcim exported 100,000t of clinker and 16,700t of cem... |
Brazil 9M cement demand slips23 October 2018, Published under Cement NewsBrazil’s cement producers sold 4.564Mt of cement to domestic customers in September 2018, down 5.6 per cent when compared to the 4.835Mt sold in the year-ago period, according to the country’s cement producers’ association, SNIC. In addition, they reported stable exports of 7000t in September. In the first nine months of 2018 domestic sales slipped 2.2 per cent from 40.34Mt in 9M17 to 39.454Mt in 9M18. Exports edged up from 60,000t to 63,000t, representing a five per cent rise YoY. From Ja... |
Peru cement demand largely stable in September22 October 2018, Published under Cement NewsCement consumption in Peru reached 0.966Mt in September 2018, slipping by 0.3 per cent when compared with the year-ago period, according to the country’s cement association, Asocem. Cement producers dispatched some 0.958Mt in September, 0.5 per cent less than in the previous-year’s period, when 0.975Mt was delivered. Cement exports reached 20,700t, down 37 per cent YoY while clinker exports improved 44 per cent to 105,000t. Domestic output reached 0.878Mt, slightly less than the 0.897Mt i... |
Central Bank of Pakistan reviews progress of cement industry in FY1819 October 2018, Published under Cement NewsThe State Bank of Pakistan has released its annual report on Pakistan's economy for the fiscal year 2017-18. According to the report, the growth momentum gained further strength as the economy achieved its 13-year highest real GDP growth of 5.8 per cent in FY18. The GDP growth was also broad-based, as all the three sectors – agriculture, industry (including cement) and services – contributed positively to this acceleration, the report highlights. The cement industry, with more than one-fi... |