Cement News tagged under: sales

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HeidelbergCement Georgia reports record sales

30 June 2016, Published under Cement News

For 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...

Romania: sales and profits increase

07 June 2016, Published under Cement News

For the year 2015 three major cement producers in Romania saw an increase in both sales and profits. Holcim Romania increased its sales by 15 per cent in 2015, achieving a turnover of EUR253m (US$287.5m). The company also reported a net profit of EUR29m, 81 per cent higher compared to 2014. HeidelbergCement reported sales of EUR118m and a net profit of EUR25m, up 19 per cent from the previous year. CRH Romania, which took over Lafarge’s local operations, surpassed competitor Heidelb...

Zimbabwe: Sino Zimbabwe sales decline

16 May 2016, Published under Cement News

Sales for Sino Zimbabwe Cement Company (SZCC) have declined by 15 per cent in the first quarter, in comparison with the same period last year. A further decline in sales this quarter has been projected by the company, which has cited a difficult operating environment and liquidity problems as some of the reasons for the decline. Wang Yong, SZCC managing director, said that the situation had been worsened by the smuggling of cheaper cement, mainly from South Africa. He also said a poor agr...

Holcim Indonesia expects capacity up 12% in 2016

04 May 2016, Published under Cement News

Following the acquisition of PT Lafarge Cement Indonesia, Holcim Indonesia increased its domestic production capacity by 1.6Mta to 15Mta, the company said in a statement. In addition, the cement producer’s 1.7Mta Tuban 2 cement plant is expected to be operational for its first full year in 2016 after coming online in August last year. Most of Holcim Indonesia’s production is sold in West Java, Jakarta and Banten, but the acquisition of Lafarge Cement Indonesia and the new works at Tub...

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...