Displaying items by tag: Export
Pakistan cement despatches up by 9.4% to 46.8Mt in 2018
23 January 2019Pakistan: Local cement despatches grew by 5.9% year-on-year to 40.9Mt in 2018 from 38.6Mt in 2017. Exports increased by 42% to 5.9Mt from 4.6Mt, according to data from the All Pakistan Cement Manufacturers Association. Overall, all cement despatches rose by 9.4% to 46.8Mt from 42.8Mt. By region, despatches and imports grew faster in the south of the country and exports fell by 7.8% in the north. Exports to Afghanistan fell by 12% but exports to India rose by 2% and overseas exports increased by 155%.
SCG to buy out share in Cambodian transport company
23 January 2019Cambodia: The cement arm of Thailand’s SCG plans to buy the remaining shares in Jumbo Barges, a water transportation and logistics company, for US$0.5m. Once completed, the cement producer intends to invest in the subsidiary to grow its logistics business in Cambodia including bulk cargo for both import and export. It also plans to use the company to provide logistics to neighbouring countries. The transaction follows two similar deals for logistics companies in Thailand.
Laos: Cement imports rose to a value of US$47.8m in the first 10 months of 2018 compared to US$47.6 for the entirety of 2017. In 2016 the country exported US$0.2m worth of cement, according to the Ministry of Industry and Commerce and the Vientiane Times newspaper.
The price of cement in the country reportedly fell when the Vientiane Hongshi Xaythirath Factory in Phabong village, Hinheup district opened in 2016. The unit was built using Chinese investment of US$300m and it has a cement production capacity of 5000t/day. The country has 16 cement plants in operation or under construction. It has a total production capacity of 6.76Mt/yr.
Tabuk Cement negotiates clinker export to Bangladesh
17 January 2019Bangladesh/Saudi Arabia: Tabuk Cement is in talks with the government of Bangladesh to export clinker to the country. The company’s clinker inventory will decrease by 1.2Mt once the arrangement is completed, according to Mubasher. The proceeds of the deal will be recorded in the company’s financial statement for the first quarter of 2019.
Peruvian cement sales rise by 3.2% to 11.1Mt in 2018
15 January 2019Peru: Local cement despatches rose by 3.2% year-on-year to 11.1Mt in 2018 from 10.8Mt in 2017. Consumption rose by 3.7% to 11.2Mt from 10.8Mt. Data from the Asociación de Productores de Cemento (Asocem) showed that cement exports fell by 26% to 0.27Mt from 0.36Mt. Imports increased by 60% to 0.98Mt from 0.61Mt. Clinker exports rose by 63% to 0.9Mt and imports rose by 49% to 0.78Mt. 85% of cement imports came from Vietnam. 33% of clinker imports came from South Korea and 31% came from Vietnam.
Iran: Abdul Reza Sheikhan, the secretary of the Cement Industry Association, has warned that an increase to maritime shipping rates is further restricting exports in conjunction with US-backed trade sanctions. He said that the country has a production capacity of 87.5Mt/yr, that 48Mt is consumed domestically and that less than 15% is exported, according to the Islamic Republic News Agency. He also identified ‘negative’ competition between cement producers over exports has damaged the industry. To counter this, export teams in the east, west and south of the country have been formed.
The country exports cement to 17 countries including Iraq, Afghanistan, the Commonwealth of Independent States (CIS) region, Bangladesh and countries in Africa. It is the sixth largest exporter in the world.
Saudi Arabian cement production drops by 10.5% to 42.1Mt in 2018
14 January 2019Saudi Arabia: Data from Yamama Cement shows that national cement production fell by 10.5% year-on-year to 42.1Mt in 2018 from 47.1Mt in 2017. Cement production fell at the majority of local producers with the notable exceptions of Saudi Cement, Southern Cement and others. Clinker production dropped by 3% to 48.3Mt from 49.9Mt. Local deliveries of cement decreased by 13% to 41Mt from 47.1Mt. However, exports of cement rose to 1.1Mt from 0.16Mt and exports of clinker increased to 3.2Mt from no exports in 2017.
Tajikistan exported 1.44Mt of cement in 2018
14 January 2019Tajikistan: Tajikistan exported 1.44Mt of cement in 2018 with a value of US$65.4m. This marks a rise of 48% year-on-year from 0.97Mt in 2017 with a value of US$45.9m, according to the Azernews newspaper. Tajikistan exports cement to Uzbekistan, Afghanistan and Kyrgyzstan.
Iran: Jafar Sarqeini, the Deputy Minister of Industry, Mine and Trade for Mining Affairs, says that US-backed trade sanctions have not slowed cement exports. He added that the embargo has only placed some obstacles in the way of financial transactions and return of money to the country, according to the Islamic Republic News Agency. The official said that the local industry can export up to 20Mt/yr of cement. Local production capacity is forecast to reach 120Mt/yr by 2025. However, a recession in the mining sector has kept production behind capacity.
Pakistan cement sales fall by 1.41% to 19.6Mt in first half
07 January 2019Pakistan: Local cement sales fell by 1.41% year-on-year to 19.6Mt in the first half of the reporting year to December 2018. The decline, the first in nine years, has been blamed in a cut in development spending, according to the News International newspaper. The All Pakistan Cement Manufacturers Association (APCMA) said that the decline in domestic cement consumption was more pronounced in the northern region where most of the country’s production capacity is based. Cement sales fell by 5.95% to 15.5Mt in the north but they increased by 20.7% to 4.1Mt in the south. Despite this, exports rose by 48% to 3.6Mt, supported by plants in the south.