Displaying items by tag: Export

Vietnam: Brokerage company Mirae Asset Securities Vietnam (MASVN) expects cement producers that specialise in exports to switch to the domestic market due to reduced demand in China. The export market to China has slowed down due its Zero-Covid policy and a reduced real estate market, according to the Viet Nam News newspaper. Major local exporters include Vissai Ninh Binh, Hoang Mai and Thanh Thang. China accounted for 40% of Vietnam’s cement exports in 2021. If these companies switch to the local market then it is expected to create more competition for producers that are more domestically aligned, including Vicem Ha Tien, FICO and Holcim Vietnam

Morocco: LafargeHolcim Maroc is preparing to export clinker to West Africa in early July 2022. The shipment will be the plant’s second clinker export following a consignment of 40,000t to Guinea, according to the Les Eco newspaper. The plant, based near Tidsi, has been operational since late 2021.

India: Dalmia Bharat Refractories plans to launch its cement refractory products in new export markets. Chemical Industry Digest has reported that the company aims to achieve a turnover of US$191m in the 2023 financial year, and to launch a 3 – 4 year US$38.1 capital expenditure investment package. The supplier currently exports some refractories to Canada, Kenya, Morocco, Nigeria, Spain and West Asia.

Managing director and CEO Sameer Nagpal said “We have started some trials in Germany, before we turn regular suppliers and tap deeper into the export market.” Nagpal said that the company would also target other markets in Asia, Africa and Europe. He concluded “We are looking to gain a greater share of the customer’s wallet in these markets and in India.”

Pakistan: DG Khan Cement has despatched a shipment of 50,000t of cement for Houston, US, from Karachi. The Balochistan Times newspaper has reported that the shipment is the first of 12 consignments of the same size under an order for 600,000t of low-alkali cement. If successful, the order may double to 1.2Mt. The producer is using jumbo bags to transport the product on its 42-day journey overseas.

Marketing director Fareed Afzal said that Pakistani businesses need to diversify their export markets and strengthen foreign currency reserves. He added that DG Khan Cement continues to reduce its products' carbon footprints by using renewable energy, waste heat recovery (WHR) and alternate fuels (AF).

Pakistan: DG Khan Cement Company is ready to export 50,000t of cement to the US following a certification process. The Tomini Felicity bulk carrier was reportedly being loaded at the Port of Karachi in mid-June 2022 for shipping to Houston in Texas, according to the News International newspaper. The transport is part of a 100,000t deal with a US-based company that was arranged in mid-2021. The intervening period has been spent arranging the necessary certificates. The export is believed to be the first time a Pakistan-based producer has sent cement to the US.

Indonesia: The Indonesia government says that it will ask for compensation if the Philippines Tariff Commission extends tariffs on cement. The Manila Bulletin newspaper has reported that the government suggested that the fellow Association of Southeast Asian Nations (ASEAN) member state should take more targeted measures against any country responsible for cement dumping, in line with the bloc’s rules.

In 2019 – 2021, Indonesia exported 532,000t of cement to the Philippines, constituting 2.7% of the country’s cement imports. Vietnam, meanwhile, exported 15.8Mt (80%).

Ecuador: Holcim Ecuador has despatched its first export shipment of bulk cement to the Peruvian market. The volume of this shipment was 32,700t and it was loaded in 2t Big Bags. Holcim Ecuador says that it invested US$2.2m in establishing the infrastructure to realise this achievement.

Vietnam: Vietnam National Cement Association (VNCA) members exported 15.5Mt of cement in the first five months of 2022, down by 14% year-on-year from 16.2Mt in the corresponding period of 2021. The value of the cement and clinker was US$693m, up slightly from US$690m.

In May 2022, Vietnam exported 1.5Mt of cement and clinker, with a value US$92m, down by 52% in volume and up by 29% in value year-on-year.

Colombia: Cementos Argos exported 297,000 of cement in the first quarter of 2022, up by 32% year-on-year from first-quarter 2021 levels. The producer said that it achieved the increase thanks to the commissioning of its new 3.5Mt/yr Cartagena terminal in February 2022, which tripled its export capacity. The company says that its export network will now have the capacity to export 1.3Mt of cement in 2022.

Vietnam: Three new integrated cement lines are expected to raise Vietnam’s total installed cement capacity by 8% to 115.4Mt/yr in 2022, from 106.6Mt/yr at the beginning of the year. VNDirect Securities has calculated that the upcoming lines – Dai Duong 1, Long Thanh and Xuan Thanh 3 – have a total capacity of 8.8Mt/yr. They are situated in Northern Vietnam’s Ha Nam Province and Central Vietnam’s Thanh Hoa Province, both of which already have cement overcapacity.

Viet Nam News has reported that Vietnam exported 4.31Mt of cement and clinker in April 2022, down by 7.6% month-on-month. The products’ total value was US$171m, down by 2.9% month-on-month.