Cement News tagged under: infrastructure

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Spanish monthly consumption down 40% YoY

18 April 2013, Published under Cement News

Cement consumption in Spain continues descending with demand in March 2013 down 40 per cent YoY, according to the latest data released by domestic cement association Oficemen. Cement demand plummeted by more than half a million tonnes last month to 778,568t, compared to March 2012. Accumulated figures for the first quarter of 2013 also paint a grim picture, with consumption at 2.535Mt, down 29 per cent on the same period of last year. "In addition to the stoppage in construction, go...

South African market challenges

08 April 2013, Published under Cement News

Full-year data for South African cement sales released this week show that dispatches edged ahead in 2012, but the growth rate remained tepid. Producers will hope that the government's new infrastructure plans will deliver a new growth impetus to the market. Meanwhile, the country's leading cement producer is pursuing additional opportunities across sub-Saharan Africa to bolster profits.   South African cement demand has been rising gradually since 2010 and data released on Wednesday by t...

West China Cement sees 2012 net profit jump

20 March 2013, Published under Cement News

West China Cement Ltd has reported a rise in net profit and operating revenue for 2012 and says it expects an improved operating environment going forward due in part to increased infrastructure demand. Net profit for the group jumped 44.9 per cent YoY in 2012 to CNY360m in 2012 and operating revenue grow 10.5 per cent YoY to CNY3.52bn. Cement sales volumes grew by 28 per cent, including sales from the newly constructed  Danfeng Line 2 Plant during its trial production period, compared to ...

UltraTech sales decline 6% in February

07 March 2013, Published under Cement News

UltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market. The Aditya Birla group company sold 3.31Mt of cement last month compared to 3.51Mt in the same period of last year. Production during February 2013 also dropped to 3.32Mt compared to 3.46Mt in February 2012. The company did not elaborate as to why sales were slower, but industry experts said the winter seasons a...

European cement sector: a strategic contributor to Europe's future – report

07 March 2013, Published under Cement News

A study published by the Boston Consulting Group (BCG), commissioned by CEMBUREAU, outlines the competitiveness of the cement industry in Europe and its role in helping the region achieve its goals of developing a sustainable, resource efficient and innovative society. In a statement released yesterday, the European cement association said the report shows that the  cement and concrete industry in Europe contributes to the economy with a total production value of €74bn, a value added of €...

Pakistan eight-month sales ahead

05 March 2013, Published under Cement News

Pakistan sales increased 3.2 per cent over the first eight months over the current fiscal, according to initial data released by the All Pakistan Cement Manufacturers Association (APCMA). A breakdown of figures over the eight month period from July 2012 to February 2013 shows that domestic sales grew by six per cent to 15.7Mt but export fell by 4.3 per cent to 5.4Mt The local sales showed growth due to accelerated Public Sector Development  Programme  (PSDP) spending by the government ...

Raysut Cement’s 2012 net profit rises 64.1%, Oman

18 February 2013, Published under Cement News

Raysut Cement, Oman’s largest cement producer, reported a 64.1 per cent YoY growth in net profit for 2012 and revenues also increase fuelled by increasing demand. Net profit for the 12 months to the end of December 2012 reached OMR24.5m (US$63.6m) against OMR14.95m reported in 2011 as RCC booked an investment gain of OMR1.36m. Revenues also rose 10.7 per cent to OMR92.8m from OMR83.81m in the same period of last year. Oman’s cement sector, which was earlier facing problems because of t...

Railway projects arouse interest from Indian cement producers

13 February 2013, Published under Cement News

With Indian railways showing a renewed focus on private partnerships, Jindal, Adani and a consortium of cement companies (UltraTech, Prism and Madras Cement) have been linked to several port connectivity projects, according to Business Standard (BS). The railway expects to raise around INR50,000m (US$928.1m) from the investment in port connectivity projects over the next five years. To begin with, it expects investment worth INR38,000m from the private sector for six port connectivity proje...

UK construction: calls for real activity

04 February 2013, Published under Cement News

Following disappointing 2012 figures, the UK construction sector is braced for another tough year ahead and industry bodies are stressing the need to boost activity across the sector to prevent further declines in the industry and the wider economy.   Evidence of a rapid decline in construction activity was confirmed by Mineral Products Association (MPA) sales survey results for 2012, which indicate a reduction of nine per cent in cement, aggregates and ready-mixed concrete in 2012 and an 1...

Holcim Apasco: cement consumption in Mexico expanded 3.5% in 2012

29 January 2013, Published under Cement News

Holcim’s Mexican arm, Holcim Apasco, estimates that cement demand in the country grew 3.5 per cent in 2012 compared to 2011. The cement major said the increase in consumption, which reached 35Mt last year, was driven by stronger growth in the infrastructure segment, moderate expansion in self-build housing as well as the construction of industrial buildings, offices and shopping centres. Gustavo Gastelum, the company’s director of external relations and communications, said that recent ...