Cement News tagged under: sales

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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...

GCC achieves 23% YoY rise in 2Q sales

26 July 2017, Published under Cement News

Mexican cement producer Grupo Cementos Chihuahua (GCC) announced a 22.6 per cent YoY rise in consolidated net sales to MXN4497m in 2Q17 from MXN3669m (US$242.4m).  The company derives the majority of its sales in the US, where net sales advanced 28.9 per cent YoY to MXN3455m in 2Q17. In its home market of Mexico, sales expanded by 5.5 per cent YoY  to MXN1042m in 2Q17 when compared with 2Q16. Cement price realisation in the second quarter improved 16.9 per cent in Mexico but was more ...

Indonesia: changing perspectives

10 April 2017, Published under Cement News

Following high capacity utilisation rates and the prospect of market growth going forward, the decade running up to 2015 looked promising for Indonesian cement producers. However, as capacity expansions were implemented, economic growth faltered and cement demand slowed in 2015-16. Forecasts for 2017 are somewhat more optimistic, but the past few years have required domestic cement producers to change their perspective. B y Sinarmas Sekuritas, Indonesia. The slowdown in ceme...

South Africa: rain dampens PPC Jan-Feb sales

14 March 2017, Published under Cement News

PPC announced that adverse weather had negatively affected its cement and concrete sales in South Africa during January and February 2017. Rainfall in excess of 200mm was experienced in many parts of the country during these two months. The cement manufacturer said it managed to reduce net debt to ZAR4.4bn (US$333.13m) as of December 2016 due to the conclusion of a component of the first empowerment transaction. PPC concluded Strategic Black Partners (SBPs) and Community Service Groups (C...

Vietnam: Vicem sells 25.8Mt of cement and clinker in 2016

04 January 2017, Published under Cement News

State-owned Vietnam Cement Industry Corp (Vicem) sold around 25.8Mt of cement and clinker in 2016, representing a YoY rise of 11.2 per cent and surpassing the year’s target by 11 per cent. Some 22.73Mt of cement and clinker were sold in the domestic market, a 8.8 per cent rise when compared with 2015. Vicem increased its exports by 45.8 per cent to 3.07Mt. Output by the country’s leading cement producer advanced by 9.3 per cent YoY to 18.74Mt of clinker and by 13.1Mt to 22.72Mt of cem...

PT Semen Indonesia domestic sales down 6%, export more than double

11 November 2016, Published under Cement News

PT 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 News

China 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...


27 September 2016, Published under Cement News

At 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 Indonesia

27 September 2016, Published under Cement News

As 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 Indocement

27 September 2016, Published under Cement News

PT 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...