Cement News tagged under: sales
PT Semen Indonesia domestic sales down 6%, export more than double11 November 2016, Published under Cement NewsPT Semen Indonesia’s domestic cement sales dropped six per cent YoY to 2.55Mt in October from 2.71Mt. However, the company saw its export sales rise from 28,302t in October 2015 to 62,829t one year later. For the first 10 months of 2016, domestic sales edged up from 20.93Mt in 10M15 to 21.19Mt. Cement exports rose 15.2 per cent YoY from 419,767t to 483,745t. |
China National Building Materials (CNBM)27 September 2016, Published under Cement NewsChina National Building Materials (CNBM) group’s merger with China National Materials (Sinoma) group has been approved. An official merger ceremony was held in Beijing at the end of last month. According to Cao Jianglin, president of CNBM, the new company will have total assets of about CNY550bn (US$83.4bn) with annual revenue of approximately CNY300bn and 250,000 employees. Despite CNBM seeing revenue fall by nine per cent YoY in the January-June period this year, observers say that Augu... |
PPC27 September 2016, Published under Cement NewsAt a presentation at the RMB Morgan Stanley Big Five conference in Cape Town on 26 September, PPC outlined how despite group cement sales volumes advancing by seven per cent in the first five months of FY2017, significant pressure on selling prices in the inland region saw prices fall by five per cent in the South African cement business. As a result, overall margins are under pressure despite good cost control and exchange rate gains, according to PPC. Over the same period, Rwanda saw vo... |
Semen Indonesia27 September 2016, Published under Cement NewsAs the country tackles tight competition and oversupply, Semen Indonesia is planning to partner with precast concrete firms to boost demand. With precast concrete producers using cement as a raw material, they provide a vital additional revenue stream for Indonesia’s cement manufacturers, many of whom saw revenues decline in the first half of the year as the economy struggled to recover. An unexpected boost in sales in August by almost nine per cent will come as a welcome sign to the coun... |
PT Indocement27 September 2016, Published under Cement NewsPT Indocement’s new line in Citeureup is one of three new projects that will see Indonesia’s cement production capacity hit 92Mta by early next year and reach 100Mta by 2018, according to recent figures from the Indonesian Cement Association (ASI). Despite concerns regarding oversupply, August 2016 saw Indonesia’s cement sales jump by almost nine per cent YoY to 5.97Mt, driven by a surge in infrastructure projects. The increased demand is being attributed not only to previously-delayed co... |
Chile's three largest cement producers sees 1H sales rise 3.7%27 September 2016, Published under Cement NewsChile's top three cement companies - Cemento Melon, Cementos Polpaico and Cementos Bio Bio - recorded a 3.7 per cent YoY rise in sales to CLP339.82bn (USD510.48m) in the first six months of 2016. This represents the lowest growth rate in three years. Cementos Bio Bio's sales increased 6.6 per cent to CLP151.9bn as it was affected by the economic slowdown. Cementos Polpaico posted sales of CLP75.92bn, an advance of two per cent when compared with 1H15, on the back of better pricing as volum... |
Pakistan: cement sales climb to 4.9Mt07 September 2016, Published under Cement NewsFor the first two months of the current fiscal year (July-August 2016) Pakistan's total cement dispatches increased 14 per cent to 4.9Mt when compared to the 4.3Mt recorded in the same period last year. The increase is a result of growing domestic sales, which in August rose by 21 per cent YoY to 3.03Mt, up from 2.5Mt. In particular, cement sales in the north of the country performed extremely well as they rose 22.6 per cent to 2.49Mt. Sales of 0.53Mt (a 13.2 per cent rise YoY) were recor... |
PPC increase revenue and volumes in 3QFY15-1606 September 2016, Published under Cement NewsPPC reported a nine per cent YoY rise in quarterly sales revenue, commenting that sales revenue in South Africa increased two per cent and volumes by at least nine per cent in the company's 3QFY15-16. However, revenue outside of South Africa was even stronger, growing 19 per cent as a result of significant volume growth, newly commissioned plants in Rwanda and gains made through currency translations. CEO of PPC, Daryll Castle said, “the group's revenue has improved by six per cent suppor... |
India: Sagar production rates fall11 July 2016, Published under Cement NewsSagar Cements’ reported production and sales figures for June 2016 are down when compared to the figures from June 2015. Cement production stood at 130,035t in June 2016, a one per cent drop from the 130,905t reported in June 2015. Sales figures for the month stood at 123,409t, down 20 per cent from 154,032t reported in the same month the previous year. For the period April-June 2016, production was down two per cent at 425,275t compared to 435,860t for the same period last year. Cement s... |
HeidelbergCement Georgia reports record sales30 June 2016, Published under Cement NewsFor the year 2015 HeidelbergCement Georgia experienced record sales, with 1.63Mt of cement and clinker sold. These sales figures were up 19 per cent on the previous year’s result. With this growth in sales the company holds a 60 per cent share in the Georgian cement market. Director of Construction Materials, David Jugashvili said, “The recent economic changes and devaluation of the national currency have influenced the construction market in Georgia, causing certain risks for market pla... |