Cement News tagged under: production
Vietnam Jan-Feb production rises 16%01 March 2013, Published under Cement NewsVietnam is estimated to have produced 8.2Mt of cement in the first two months of this year, up 16 per cent from a year earlier, according to the government’s General Statistics Office (GSO) said. In February, the country’s cement output is likely to have fallen by 23.91 per cent from January and nine per cent from the same month of last year to 3.5Mt, the GSO said in a monthly report released late Tuesday. The office revised the country’s cement output in January to 4.6Mt from the earlier ... |
Iranian output rises 5.6% YoY28 February 2013, Published under Cement NewsIranian output continues its upward climb as the country produced 5.6 per cent more cement in the first 11 months of the current Iranian calendar year (which began on 20 March 2012) compared to the same period of the previous year. Production for the 11 months reached 64.1Mt of cement, IRNA reported on Wednesday. Output is expected to reach 75Mt for the full year with exports In of 12Mt. Next year, the country plans to lift this volume by 13.3 per cent to 85Mt. By 2015 production capac... |
Cementos Bio Bio raises output 8% in 201220 February 2013, Published under Cement NewsChilean cement producer Cementos Bio Bio increased its production by eight per cent YoY from 1.5Mt to 1.6Mt in 2012. As a result, the company, led by Hernan Briones, was able to maintain its 29 per cent market share. Over the same period, Bio Bio also raised its concrete sales by nine per cent from 2.4Mm3 to 2.6Mm3, holding its 27 per cent market share. Lime sales were 11.7 per cent higher at 583,000t. The company continues the expansion of its Copiapó lime plant, which represents a ... |
India: JK Lakshmi hit by slower demand, higher costs18 February 2013, Published under Cement NewsJK Lakshmi has reported subdued performance for the third quarter of the current fiscal year due to high freight costs and flat growth in dispatches. Profits declined by 16 per cent to INR41 crore YoY in the quarter ending December 2012 and lower construction activity led to a 2.7 per cent increase in dispatches. Rising diesel and freight costs also negatively affected results and, due to lower demand, the company was unable to pass on costs to consumers. JK Lakshmi, which operates... |
Nigeria: managing the surplus18 February 2013, Published under Cement NewsEarlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the country's recent drive to increase volumes resulting in the present-day overcapacity situation, particularly in the southwest, how will the market deal with the situation and what measures are producers taking to manage the surplus? The last two years have seen Nigeria come of age, at once becoming sel... |
Iranian cement production rises 4.6 per cent04 February 2013, Published under Cement NewsIranian cement production output continues its upward rise, having increased by 4.6 per cent YoY over the past 10 months. A total of 58.62Mt was produced in the first 10 months of the Iranian year (beginning 20 March 2012), according to the secretary of the Guild Association of Cement Producers, Abdulreza Sheikhan. He said 58.634Mt of clinker were produced during the period, showing an increase of 4.4 per cent compared to the figure for the same period of the past year, Some 4.46Mtof... |
Kenya set to see decline in 2012 consumption31 January 2013, Published under Cement NewsKenyan cement consumption is set to register the first decline in three years. Provisional data for 2012 from the Kenya National Bureau of Statistics shows that consumption is unlikely to go over the 3Mt mark surpassed in the previous two years. Over the first 11 months of 2012, demand reached 2.6Mt compared to 3.4Mt in full-year 2011 and 3.1Mt in 2010. On the positive side, consumption in November 2012 saw a MoM gain of six per cent to 337,096t from 318,016t in October 2012. Cement produ... |
Colombia’s cement output drops 1.3% in December 201231 January 2013, Published under Cement NewsColombia’s grey cement production fell 1.3 per cent YoY in December 2012 as output slipped to 948,400t, according to the national statistics agency DANE. In terms of dispatches, some 831,500t were sold on the national market, a 5.9 per cent YoY cut, attributed mainly to the 11.6 per cent drop in retail sales. However, builders and contractors increased their takeoff by 9.9 per cent. The largest contraction in dispatches was noted in Bogotá (-17.7 per cent) while Cundinamarca enjoyed a... |
Investing in Iranian cement production29 January 2013, Published under Cement NewsIran’s Bank of Industry & Mine, a specialised government-owned bank which aims to increase economic growth through the development of the industry and mining sectors, has allotted around EUR400m to fund 15 cement projects over the past three years, IRNA News Agency has reported. Latest figures on the cement sector show that Iran's cement output will reach 75Mt, by the end of current Iranian calendar year (19 March 2013), according to Deputy Iranian Industry, Mine, and Trade Minister, Vaj... |
Congo’s SONOCC aims for 300,000tpa output24 January 2013, Published under Cement NewsSociété Nouvelle des Ciments du Congo (SONOCC) plans to increase its annual output after completing an expansion project last week which is expected to alleviate a cement shortfall and help bring down prices. The cement producer plans to lift output from 72,000t to 300,000t. The higher volumes are forecast to reduce the cement deficit in the country as well as support national construction efforts. It is also expected to bring down the price of a bag of cement, which currently stands at X... |