Cement News tagged under: production
Egypt's new-found energy09 November 2015, Published under Cement NewsFollowing its successful navigation of turbulent social and political waters, the Egyptian cement industry has more recently had to face the challenge of overcoming gas shortages and a phase-out of power subsidies. Diversifying energy and power sources has now become a key priority as producers look to secure supplies, stabilise production and serve growing demand. By Shady Sharaf, Aboubakr Emam, CFA & Kamal El-Sheikh, Cairo Financial Holding, Egypt. Arabian Cement Co converted its pl... |
Egypt: SCG reports 18% drop in 3Q revenue03 November 2015, Published under Cement NewsSuez Cement Group of Companies (SCGC) reported an 18 per cent decrease in revenues for the third quarter of the year versus the same period in 2014 and 12 per cent for the first nine months. The company said that during this period the market demand experienced a limited growth (2.1 per cent for the quarter, 1.6 per cent for the nine months). Combined with a steep reduction in exports, a marked oversupply was witnessed in the domestic market, causing prices to decline. This overall t... |
Vietnam output reaches 54.8Mt in first 10 months02 November 2015, Published under Cement NewsVietnam is estimated to have produced 54.8Mt of cement in the first 10 months of this year, up 10.4 per cent from a year ago, the government-run General Statistics Office said. The figures include an output of 6.1Mt in October, an increase 10.8 per cent. In the first nine months, the country’s cement production hit 48.7Mt, according to the revised figure. Vietnam currently has 76 cement production lines with a combined annual output of 81.56Mt, data from the Ministry of Construction said.... |
Colombia sees 5.2% market expansion in September30 October 2015, Published under Cement NewsColombia’s cement demand expanded by 5.2 per cent YoY in September 2015 to reach 1.143Mt on the back of a strong performance in the contractor and ready-mix sectors, which noted a rise in cement consumption of 25.9 and 13.3 per cent, respectively. In terms of provinces, Meta recorded the highest increase in demand with a 33.7 per cent advance, followed by Atlántico (+18.8 per cent) and Boyacá (+16.1 per cent). Greater Bogota saw its market expand by eight per cent YoY. Cement product... |
Germany's housing benefits26 October 2015, Published under Cement NewsFollowing last year’s recovery in German cement demand, a subdued start to 2015 means growth is likely to peter out. Housebuilding continues to recover from a low base, but the outlook for industrial construction appears downbeat. On the corporate front, M&A activity and asset swaps by European majors have led to some German plants now being under new management. German housing continues its recovery and increases its share of German construction activity The German economy grew... |
Vicem nine-month sales reach 16.32Mt21 October 2015, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, sold 16.32Mt of cement and clinker in the first nine months of this year, up 1.5 per cent from a year earlier. Of the volume, 14.87Mt of cement and clinker were sold in domestic market, up 8.6 per cent YoY while 1.44Mt were exported, down 39.4 per cent, the corporation said on its website. In the third quarter, Vicem sold 5.61Mt of clinker and cement, up 6.2 per cent YoY, of which 5.27Mt of cement and clink... |
Peru’s demand falls 1.9% in September16 October 2015, Published under Cement NewsCement dispatches in Peru slipped 1.9 per cent in September to 0.887Mt from 0.905Mt in September 2014, according to Asocem, the country’s cement association. Exports declined by 13.9 per cent to 26,000t in September. Cement production increased 4.6 per cent YoY to 0.958Mt as the new plant of Cementos Pacasmayo, located in Piura, came on-stream. However, Asocem said: “The September production [figure] includes several tests at the new plant and therefore the strong rise in output is an anom... |
Turkey: playing the long game05 October 2015, Published under Cement NewsDespite a weak start to 2015, the blip in Turkish cement demand is likely to be relatively short-lived. Although continued political and hence, economic uncertainty are expected to impact near-term cement consumption, the longer-term forecast is much more positive. Large-scale infrastructure developments and a revival in housing projects are the main factors behind these attractive future growth prospects. By Cem Emre Bilgin, Garanti Securities, Turkey. International Cement Review loo... |
Colombian cement consumption rises 8.6% YoY in August02 October 2015, Published under Cement NewsColombia’s cement market expanded by 8.6 per cent YoY in August to 1.108Mt on the back of increased demand from construction companies and contractors (+21.4 per cent) and ready-mix firms (+9.7 per cent) which accounted for 6.3 percentage points of the increase, according to national statistics office DANE. Key growth areas during the month were Cesar (+35.2 per cent), Nariño (+26.2 per cent) and Valle del Cauca (+13.2 pe cent). Greater Bogotá, Atlántico and Bolívar noted a rise in demand... |
Colombian market expands 8.8% in July23 September 2015, Published under Cement NewsGrowth in Colombian cement demand continues as dispatches increased 8.8 per cent YoY to 1.152Mt, according to DANE, the country's statistics office. Key markets were Antioquia (15 per cent of total demand), Bogota (13.4 per cent) and Cundinamarca (9.2 per cent). Output edged up 3.1 per cent to 1.111Mt. Some 65 per cent of dispatches is bagged cement with bulk deliveries taking up just over a third. In the January-July period domestic cement consumption expanded seven per cent YoY to tot... |