Displaying items by tag: Production
Uzbekistan to increase cement production to 7.9Mt in 2015
25 November 2015Uzbekistan: Uzbekistan plans to increase cement production from 7.5Mt/yr in 2014 to 7.9Mt/yr in 2015. Production is expected to reach 8.9Mt/yr by 2019. Within a programme of measures on structural reforms, modernisation and diversification of cement plants will take place in 2015 – 2019. Kyzylkumcement will invest US$30.7m to update equipment, while Bekabadcement will invest US$5.5m to modernise its milling technology.
Philippines: Cement sales grew by nearly a fifth, or 18.6%, in the third quarter of 2015 on the back of increased consumer spending, according to the Cement Manufacturers Association of the Philippines (CeMAP).
CeMAP president Ernesto Ordoñez said that the country's total cement sales reached 6.4Mt in the third quarter of 2015, from 5.4Mt in the same period of 2014. The growth was attributed to the expansion of several infrastructure projects in both the public and private sectors, as well as the increased budget of the government for infrastructure projects. "The weather was also better this year compared last year, so that was also a factor," said Ordoñez, who also identified the upcoming Asia-Pacific Economic Cooperation (APEC) Summit as a sales driver. He is optimistic that cement sales will continue their upward trajectory for the rest of 2015.
Vietnam: Vietnam is estimated to have produced 54.8Mt of cement in the first ten months of 2015, up by 10.4% year-on-year, including 6.1Mt in October 2015, up by 10.8% year-on-year, according to the government-run General Statistics Office. Vietnam currently has 76 cement production lines with a combined output of 81.6Mt/yr.
Russia: Eurocement's Akhangarancement plant produced 164,000t of cement and 127,205t of clinker in August 2015, 2.5% and 12.2% year-on-year rises respectively. The plant shipped 164,863t of cement to in August 2015, a 1.2% year-on-year rise.
The most popular types of cement in August 2015 were PC 400-D20 (Portland cement of grade 400 with active mineral additives accounting for more than 5 - 20%, SPC 400 (Slag Portland cement of grade 400 with active mineral additives accounting for 20 - 80%), PC 400-KD20 (Portland cement of grade 400 with composite additives accounting for 10 - 20%). The share of these types of cement was 91.8%, up from 75.1% in August 2014.
Azerbaijan to double production of building materials
12 October 2015Azerbaijan: Azerbaijan plans to double its production of building materials including cement in the next five years, according to a draft concept of socio-economic development for 2016 - 2019, which is currently under review in the Parliament under the budget package.
"In the following years, it is planned to expand the production of building materials and bring the quality of the products to international standards. Supplementary investments will be raised in this area, as well as modern eco-designed technology introduced, and the exports of local building materials promoted," according to the draft.
The government expects that in 2015, Azerbaijan will produce US$555m of construction materials and building material production growth will increase by 9.3%. In 2016, these figures are expected to reach US$608m and 6.1%, respectively, and in 2017, building material production growth may reach 13.1% at US$708m. In 2018, growth could reach 20.3% to US$871m, while in 2019, building material production growth could reach 16.2% to US$1.03bn. However, according to government forecasts, the construction sector is expected decline by 4.6% in 2016. The total volume of construction in the 12 months is expected to stand at US$17.5bn.
Earlier, Deputy Minister of Economy and Industry Sevinj Aliyeva said the decline of the construction sector continues against the background of cuts in public investments. "Measures to attract additional sources of financing, the use of new financing mechanisms in the housing market and the expansion of mortgage lending are particularly important to revive the construction sector," said Aliyeva.
The construction market in Azerbaijan is going through changes after recent economic shocks, including a fall in oil prices and the devaluation of the Azeri Manat. The overall standstill in the market continues as real estate prices fluctuate.
Sagar Cements reports 7% rise in September 2015 production
09 October 2015India: Sagar Cements produced 122,642t in September 2015, up by 7% from 114,693t in September 2014. Cement sales grew by 6% to 115,225t in September 2015 from 108,611t in September 2014.
Cement consumption up in Vietnam but exports fall
07 October 2015Vietnam: Consumption of cement in Vietnam between 1 January 2015 to 30 September 2015 rose by 3% year-on-year to 52.1Mt compared to the same period of 2014, according to the Ministry of Construction. The ministry's Building Material Department said 40.3Mt of cement were sold on the domestic market, a year-on-year increase of 8%, while export volumes fell by 12% to 11.9Mt.
Despite the rise in the first nine months, cement consumption in September 2015 fell by 9% to 5.4Mt. 4.3Mt went to the domestic market, 11% less than in August 2015. The reduction in total consumption volume of cement in September 2015 was stated to be due to the impact of the rains and the 'ghost month' when people often avoid starting construction projects.
Experts expect cement consumption on the domestic market to be better by the year-end when the construction season begins. However, the cement industry will find it difficult to export cement by the year-end because other cement exporters in the region are set to increase their volumes.
Le Van Toi, Head of the Building Material Department, said that the enterprises should promote domestic consumption of cement and then improve competitive ability of cement products for exports.
Pakistan producers see double digit profit growth
07 October 2015Pakistan: Listed cement producers in Pakistan continued to deliver double digit profitability growth in the 2015 fiscal year, which ended on 30 June 2015. Their collective profits grew by 13% year-on-year to US$446m, with the improvement in profits caused by volume growth and lower energy costs.
Local cement demand remained strong, rising by 8.2% to 28.3Mt. This was due to higher public and private sector. The growth in profits was also supported by declining financial charges and falling selling and distribution expenses.
However, not all results were encouraging. Exports fell by 11.7% year-on-year to 7.2Mt due to weak demand from the Afghan market coupled with anti-dumping duty imposed by South Africa on Pakistani cement manufacturers.
Total industry dispatches are expected to grow by 8.8% to 38.6Mt in the fiscal year to 30 June 2016, primarily due to strong local demand expected from higher infrastructure spending and mega-projects including the China Pakistan Economic Corridor.
Analysts expect that manufacturing costs for the coming fiscal year will remain 'benign' for the industry and will be led by lower energy costs. Lower electricity charges and shift to more efficient sources like waste heat recovery will lead to further decrease in power and fuel costs for manufacturers. Moreover, imported coal prices are expected to remain at lower levels, owing to slowdown in China's growth, which will further drive up margins of cement manufacturers.
Cement production creeps up in Poland
07 October 2015Poland: Cement production in Poland increased by 1.3% year-on-year to to 1.58Mt in September 2015, while sales edged up by 0.1% to 1.66Mt, according to Poland's Cement Producer Association. In the first nine months of 2015, production grew by 1.4% year-on-year to 11.9Mt and sales were up by 1.8% to 12.2Mt.
Egypt reports September 2015 cement sales
02 October 2015Egypt: Egyptian cement production hit 969,403t in September 2015 and the total amount put forth for sale by the producing companies was 945,315t, according to a Ministry of Supply statement. The amount of cement distributed the domestic market amounted to 1.02Mt and the amount exported came to 8260t.