Cement News tagged under: production
Holcim’s Indian interests report August declines05 September 2012, Published under Cement NewsHolcim’s Indian group companies, ACC and Ambuja Cements, have reported marginal declines in cement production and dispatches for August 2012. ACC, India’s second largest cement producer, posted a decline of 6.9 per cent in cement production as well as cement dispatches to 1.75Mt last month, compared to 1.88Mt in August 2011. Total cement production between January-August 2012 saw growth of 2.4 per cent to 16.47Mt, against 16.09Mt in the same period of last year. Dispatches for the eigh... |
Vietnam Jan-Aug production falls YoY29 August 2012, Published under Cement NewsVietnam is estimated to have produced 36.9Mt of cement in the first eight months of this year, a fall of 5.7 per cent from the same period of last year, according to the General Statistics Office (GSO). Cement output in August is likely to have increased by 14.29 per cent from July to 5.5Mt, the government office said in a report released on Monday. The GSO has revised down its cement output figures for the first seven months of 2012 to 31.4Mt from the previously-estimated 32Mt. Las... |
Buzzi Unicem improves profit at lower volumes06 August 2012, Published under Cement NewsBuzzi Unicem’s first half turnover edged ahead by 0.9 per cent to €1,350.9m, but the EBITDA recovered by 7.7 per cent to €197.2m. For the full year Buzzi Unicem is maintaining its overall forecast of broadly unchanged numbers overall, but the expected geographical mix has changed. The first half trading profit increased by 34.4 per cent to €84.0m and the interest charge jumped by 35.3 per cent to €62.2m, giving a pre-tax profit still 36.3 per cent higher at €22m. After a tax charge 8.3 pe... |
Mozambique reaches cement production record05 June 2012, Published under Cement NewsDomestic cement production in Mozambique reached a record 277,000t in 1Q12 with imports falling to 79,000t. The commissioning of new factories across the country was the main driver to this growth, according to National Director of Industry Sidonio dos Santos. A new cement plant, Cimento Nacional, was recently commissioned, adding 0.25Mta to the national capacity figure. In addition, Cimentos de Mocambique, the largest works in the country, inaugurated a new 0.4Mta mill, which enabled the... |
Nigeria comes of age30 May 2012, Published under Cement NewsFew countries in sub-Saharan Africa can hope to see their cement industry growth change so dramatically as in Nigeria, where cement capacity has been rising at a staggering rate. With a huge population estimated at 167m and a low cement per capita, the country has been somewhat groomed for such a rampant development phase and the signs are that by the end of this year or next, it will have a cement surplus to export. By Oluwatosin Ojo, Vetiva Capital Management, Nigeria. Ibese Cement ... |
Ethiopia: future cement strategy23 May 2012, Published under Cement NewsEthiopia has become one of the fastest-growing African economies in recent years. The cement sector has also made significant strides in terms putting an end to its reliance on imports and satisfying local demand. The industry is also set to be a key beneficiary of the government’s Growth and Transfomation Plan which aims to take demand to a higher level. Shimelis Wolde Biru, Ministry of Industry, Ethiopia, reports on the progress in the North African country. One of the most recent a... |
Malaysian market acceleration05 April 2012, Published under Cement NewsAs Malaysia prepares to host to the 23rd AFCM Technical Symposium in April, ICR presents an overview of recent activity and prospects for the Southeast Asian nation. This year, the construction market will be underpinned by higher activity in the residential sector and the acceleration of public engineering projects, translating into increased orders for the cement industry once large-scale projects go into full swing. ICR looks forward to meeting delegates at the 23rd AFCM Technical ... |
China: ready for a new era?23 March 2012, Published under Cement NewsThe 13th China International Cement Industry Exhibition and Cement Conference 2012, which takes place between 28-30 March, is an opportunity for a full gathering of Chinese government officials and industry experts to discuss the state of the country’s cement sector. ICR will be in attendance and is keen to hear what might be expected in the next phase of China’s development. Although construction continues to grow, cement producers are expected to see competition for markets intensif... |