Cement News tagged under: sales

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Cemex outlines 2016 investment spend

08 February 2016, Published under Cement News

Cemex plans to invest US$700m in various maintenance and expansion projects in 2016, according to Fernando González, CEO of Cemex. Of the total sum US$450m will be allocated to plant maintenance while the balance will be invested in expanding its current operations, repositioning of stock and a new plant in Colombia. In 2015 Cemex carried out a cost reduction programme, along with increasing its cash flow and selling assets. This resulted in a gain of US$75m, the first net profit in six ...

PT Indocement

26 January 2016, Published under Cement News

Despite cement sales in Indonesia being forecast to rise by around 10 per cent YoY in 2016, increased competition and rising production capacity will have an adverse effect on cement producers’ profit margins, according to Indonesian securities brokerage firm Ciptadana Securities. At least seven new plants are expected to push the country’s installed production capacity to over 90Mta by the end of this year, compared to 77Mta at the start of 2015. 2015 was a disappointing year for the cou...

Brazil November sales update

31 December 2015, Published under Cement News

Preliminary industry data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) indicate that cement sales in the Brazilian cement market reached 4.9Mt in November 2015, down 16 per cent compared to the same month a year earlier. Imports totalled 28,000t during November 2015, a decrease of 45 per cent YoY, according to statistics from SECEX / MDIC. Accumulated sales from January to November 2015 were 59.7Mt, down nine per cent YoY. In the rolling 12 months...

PT Semen Indonesia

23 December 2015, Published under Cement News

PT Semen Indonesia expects to increase its production capacity from 28.5Mta in 2015 to 30Mta by the end of 2016. The growth is forecast to be driven by high domestic demand on the back of government infrastructure plans. According to the company, 2H15 saw domestic cement consumption increase by around eight percent, compared to the same period last year – a trend that is expected to continue into 2016. Next year the company hopes to see revenue growth of approximately five per cent through i...

Vietnam: La Hien hits 2015 target

18 December 2015, Published under Cement News

Vietnam’s La Hien Cement Joint Stock Co has reached its 2015 production and sales targets. By 14 December, the company had produced and sold 652,148t of cement, surpassing the 0.65Mt target. By the end of the year, sales are forecast to be around 0.68Mt, generating a revenue of over VND570bn (US$26.6m). Net profit is expected to be around VND32.6bn, or VND5.6bn over the annual target.

PT Semen Indonesia

01 December 2015, Published under Cement News

Despite a number of government infrastructure projects finally getting underway, Semen Indonesia does not expect its 2015 sales to exceed the 26.6Mt recorded last year. January to October 2015 saw the company’s cement sales fall by two per cent, compared to the same period in the previous year. October alone, however, saw sales pick up by 10 per cent to 2.7Mt, compared to the previous month. This mirrors recent data from the Indonesian Cement Association, which reported a 10.7 per cent advan...

Infrastructure pick up boosts Indonesia sales

16 November 2015, Published under Cement News

Indonesia's cement sales climbed 10.7 per cent YoY to 6.4Mt in October 2015 as government-related infrastructure development has picked up in the second half of the year, according to the latest data from the Indonesian Cement Association (ASI). Widodo Santoso, Chairman of the ASI, said various infrastructure projects – such as regional government projects as well as smelter and power plant construction – have started and are therefore boosting cement sales.  Cement sales only contracted on...

Indonesia September sales ahead

15 October 2015, Published under Cement News

Indonesia cement sales rose by 2.8 per cent in September, latest data from the Indonesia Cement Association (ASI) shows. Sales rose to 5.79Mt last month, from 5.63Mt a year earlier. Cement sales had picked up pace in August, following contraction over several months of the year, due to delays in government infrastructure construction.   "Cement sales for infrastructure have picked up, now it accounts for 23 per cent of our sales up from 20 per cent last year," the Jakarta Globe quote...

ASI confident on Sept-Dec sales growth, Indonesia

30 September 2015, Published under Cement News

The Indonesian Cement Association (ASI), is confident that sales will rise by 4-5 per cent beginning in September until December 2015. This optimism, according to association Widodo Santoso , is based on information that the million-house project as well as infrastructure projects outside Java have commenced. "An increase of four per cent is relatively easy to achieve. Last year, we didn't have infrastructure development outside Java," local press quoted him as saying on Monday. The ASI es...

Ecuador August sales slip MoM

17 September 2015, Published under Cement News

Ecuador cement sales over the first eight months of 2015 climbed to 3.88Mt, the latest update from local cement association INECYC shows. During August 2015, sales slipped by 1.1 per cent to 498,845t compared to the month before when they reached 504,435t.