Cement News tagged under: sales

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Sagar Cement sees 65% sales increase

08 January 2018, Published under Cement News

Sagar Cement (SCL) saw a 65 per cent rise in sales in December 2017 as the India-based company reported sales of 254,348Mt, compared with the year-ago period. The advance in sales volumes was from a low base, formed in December 2016 on the back of demonetisation. In addition, a robust offtake in key markets such as Andhra Pradesh and Telangana, which account for 45 per cent of the company’s sales, have offset muted demand from other states such as Karnataka, Kerala, Maharashtra and Tamil ...

Deadline for bidding on Binani Cement extended

08 January 2018, Published under Cement News

The deadline for bidding on Binani Cement, which is currently undergoing the bankruptcy process, has been extended until 15 January 2018, reports DNA India. The Rajasthan-based company has attracted a large number of bids and is taking potential investors to visit its plant in Dubai.  The company owes banks approximately INR40bn (US$631m) with the total amount owed to lenders reaching about INR70bn. Although, due to the heightened interest in the company, banks are expecting to achieve ov...

Pakistan sees an increase in total cement dispatches for 2H17

05 January 2018, Published under Cement News

The Pakistan cement sector experienced sales growth in July-December 2017 with total dispatches reaching 22.24Mt from 19.8Mt in the year-ago period, reports Business Recorder. In the final six months of 2017, domestic consumption reached 19.83Mt which is an increase from 16.89Mt in the corresponding period of the previous year. However, the decline in exports has continued with a drop of 17.3 per cent YoY to 2.4Mt from the 2.91Mt recorded in 2H16. Cement plants in Punjab and Khyber Pa...

Dangote

18 December 2017, Published under Cement News

Dangote has agreed to sell its cement on e-commerce platform Jumia Nigeria. According to Dangote, the move is designed to reduce prices and ease logistical issues. It is also hoped to end scams by online fraudsters claiming to sell Dangote cement at vastly-deflated prices. Using Jumia customers will be able to order Dangote cement online in 50kg bags with a minimum order of 300 bags. The cost currently stands at NGN2500(US$6.93)/bag, which includes transportation to the location of their ...

Puerto Rican cement sales fall 16% in November

12 December 2017, Published under Cement News

Overall cement sales in Puerto Rico fell by 15.8 per cent YoY in November, representing a modes improvements when compared with the previous two months. Output from Puerto Rico's cement plants decreased 24.1 per cent YoY, following a drop of 52.9 per cent reported the previous month. In 2016 cement sales fell 12.3 per cent YoY while production saw an 11.5 per cent decrease during the same period.

Cement plants in Pakistan reach 95% capacity utilisation

12 December 2017, Published under Cement News

Cement plants in Pakistan reached 94.65 per cent capacity utilisation during the July-November period of 2017, according to The Nation. In November 2017 the country recorded a 9.89 per cent increase in domestic consumption. In the same month, mills in the northern region of Pakistan dispatched 2.9Mta locally which is a 10.2 per cent increase YoY.  However, November 2017 also saw exports from the mills in the south of the country decrease by 45.4 per cent, to 0.07Mta from 0.13Mta. Similarl...

Paraguay’s INC announces record sales in November

05 December 2017, Published under Cement News

Industria Nacional del Cemento (INC) announced record sales of 1.2m bags in November 2017. Jorge Méndez, president of the Paraguayan cement producer, said the company sold 1,249,065 bags of Cemento Vallemi, a sign that the market is returning to growth. He added that the company successfully switched from fuel oil to petcoke to fire its kiln, which has enabled the company to generate significant cost savings. While the fuel oil has an average cost of US$750/t, petcoke is considerably ...

Anhui Conch

27 November 2017, Published under Cement News

Anhui Conch Cement has ordered a hydraulic drilling rig for its cement production project in TongChuan, Shaanxi province, China. The US$1.7m rig is being supplied by Atlas Copco and is due for delivery in February 2018. It will be installed at the limestone mine supplying the company’s cement plant in Tongchuan. Once completed the facility will have a cement production capacity of around 4500tpd.  Meanwhile, hot weather in Indonesia has enabled Anhui Conch subsidiary, South Kalimantan Cem...

Paraguay's INC notes 9% rise in sales in October

27 November 2017, Published under Cement News

Paraguay’s Industria Nacional del Cemento (INC) has sold 10,876,593 bags of cement in the first 10 months of 2017, a drop of 17.6 per cent YoY, according to the company’s sales department. In October, sales improved by nine per cent YoY from 982,868 bags in October 2016 to 1,075,196 bags in October 2017. Output is estimated to have increased by around 45 per cent and sufficient to cover 75 per cent of the domestic market, according to Jorge Méndez, the company’s president. The hik...

Vietnam's Vicem sells 20.93Mt of cement and clinker in 10M17

23 November 2017, Published under Cement News

State-owned Vietnam Cement Industry Corp (Vicem), the country’s leading cement producer, sold 20.93Mt of cement in the first 10 months of 2017. The volume reflects a drop of 1.1 per cent YoY. Vicem cement production also declined 3.6 per cent YoY in 10M17 to 17.75Mt with output in October at 1.86Mt, down 8.6 per cent when compared with October 2016. However, clinker output advanced 3.8 per cent YoY to 15.97Mt in the 10M17, including 1.6Mt in October, up 3.7 per cent YoY. In November, V...