Cement News tagged under: sales

RSS feed

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.

Looking forward to growth

09 September 2015, Published under Cement News

15 July 2015 saw the official launch day of LafargeHolcim, the merger between building materials giants, Lafarge and Holcim, which brings into being a world leader with 386.5Mta of cement production capacity installed across the globe. Since Holcim and Lafarge revealed their merger plans on 7 April 2014, both companies have put in considerable effort to lay the foundations of a balanced partnership and avoid the proverbial clash of titans. They divested some of their assets to meet regul...

Vietnam monthly sales up by a quarter

17 August 2015, Published under Cement News

Vietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced. Of the total volume, 5.15Mt were sold at the domestic market, up 22 per cent YoY, while 1.35Mt (+37 per cent YoY). In the first seven months, Vietnam’s cement and clinker sales rose 10 per cent YoY to 40.98Mt, fulfilling 57 per cent of the year’s target, including 9.77Mt (+13 per cent YoY). The growth of cemen...

Vietnam Jan-Feb sales reach 9Mt

24 March 2015, Published under Cement News

Vietnam sold 9.01Mt of cement and clinker in the first two months of this year, meeting 12.5 per cent of the whole-year target, according to figures from the country's Ministry of Construction (MoC). Of the volume, 6.76Mt of cement was sold in the domestic market and about 2.25Mt of cement and clinker was exported. In February, the country’s domestic cement sales stood low at 2.38Mt, mainly due to the long public holidays, the MoC noted. The ministry predicted Vietnam's sales of ceme...