Displaying items by tag: Sales

Morocco: Cement sales rose by 14% month-on-month to 1.28Mt in January 2025, according to the Ministry of National Land Planning, Urbanism, Housing, and City Policy. The ministry said in its monthly report that sales directed to distribution reached 707,000t.

Thailand: Siam Cement Group (SCG) has forecast a 5% year-on-year rise in its full-year revenues due to economic revival and the government’s current stimulus package. President and CEO Thammasak Sethaudom said that increased customer purchasing power in Vietnam will raise SCG’s local cement and building material sales

SCG’s additional focuses will be on entering the Australia and North America markets and developing its high value-added products segment.

Saudi Arabia: Cement sales increased by 12% year-on-year in the fourth quarter of 2024, reaching 14.87Mt, Arab News reports. Sales were primarily driven by domestic demand, which accounted for 96% of total sales. Exports contributed the remaining 4%, according to data from Al-Yamama Cement. For the full year, cement sales grew by 3.7% to 51.2Mt.

Al-Yamama Cement led the domestic market in the fourth quarter of 2024, with a 13% share and sales of 1.83Mt, up by 22% year-on-year. Qassim Cement, after acquiring Hail Cement, held an 11% share with 1.63Mt of sales. Yanbu Cement, Southern Cement, and Al Jouf Cement followed.

During the same period, Saudi Cement dominated in exports with 0.49Mt, representing 80% of total shipments and a 71% year-on-year increase. Clinker production grew by 7% year-on-year in the fourth quarter of 2024 to 14.9Mt, while clinker exports fell by 28% to 1.15Mt.

Amr Nader, CEO of cement consultancy A3&Co, said “These figures may not fully align with the anticipated surge in demand from ambitious infrastructure projects. Megaprojects such as NEOM, the Red Sea project, and FIFA World Cup-related developments require vast quantities of construction materials. The maximum anticipated demand in the next five years is 78Mt/yr.”

Uzbekistan: Cement sales on the Uzbekistan Commodity Exchange (UZEX) grew by 58% year-on-year to 5.9Mt in 2024, with average monthly sales exceeding 0.49Mt, according to Business World Magazine.

Ahangarantsement held 18% of total cement sales volume, followed by Kyzylkumsement (3%) and Bekabadcement (1%). Tashkent and the Tashkent region observed the highest demand for cement at 34% of purchases, followed by Samarkand (15%) and Kashkadarya (14%). Ferghana held 8%, with other regions purchasing smaller volumes.

Morocco: Cement sales rose by 9% year-on-year to 13.7Mt in 2024, according to the Ministry of National Territory and Urban Planning, Housing and City Policy.

Distribution-targeted deliveries reached 7.88Mt, based on data from members of the Professional Association of Cement Manufacturers (APC).

Taiwan: Taiwan Cement Corporation (TCC) and 100 construction firms have together launched the Low Carbon Construction Pioneer Alliance. CNA News has reported that the founding members eliminated 146,000t of CO₂ emissions altogether through their use of reduced-CO₂ building materials since November 2024. This includes despatches of 800,000m³ of Portland limestone cement (PLC) concrete by TCC, with 2.5Mm³ in cumulative orders to date. TCC first launched its PLC in October 2023, touting an emissions reduction of 15% compared to ordinary Portland cement (OPC). It since enlarged the net reduction to 24% through production modifications.

Taiwan Cement chair Zhang Anping said "TCC took the initiative to align with the Global Cement and Concrete Association and released the lowest-carbon PLC concrete in Taiwan. The CO₂ reduction is far greater than the 53% as defined by the government.”

Puerto Rico: The Puerto Rico Economic Development Bank (BDE) has reported an increase in cement sales, reaching 1.41 million 43kg bags in October 2024, the highest since March 2023. This marks a 15% rise from October 2023, with recent months averaging 1.28 million bags.

BDE President Luis Alemañy said "We see a recovery in the construction sector, particularly in cement sales, which predicts a good impact on infrastructure development and job creation in Puerto Rico. Although the 2024 fiscal year closed with a 1% decrease in cement sales compared to the previous year, the start of the 2025 fiscal year shows a 6% increase in sales between July and October. This allows us to anticipate a progressive recovery in this key sector for our economy."

Morocco: Cement deliveries in Morocco reached 11.12Mt from January - October 2024, up by 8% compared to the same period in 2023. The Moroccan Cement Association (APC) reported that cement sales in October 2024 increased to 1.3Mt, a 20% rise from 1.08Mt in October 2023. The APC has attributed this growth to high demand across various construction segments.

Argentina: Cement shipments remained below pandemic and pre-pandemic levels in October 2024, which marked the sixth decline so far in 2024, according to Clarion newspaper. October 2024 saw shipments down by 20% year-on-year and 1.1% month-on-month, according to the Portland Cement Manufacturing Association (AFCP). In October 2024, sales dropped to 907,421t. 7.9Mt of cement was sold in the first 10 months of 2024 compared to 10.7Mt in the same period in 2023. Consumption also suffered a year-on-year decrease of 20% ​​and a monthly decline of 1.3%. The industry attributes the downturn primarily to a halt in national public works, as well as rising costs such as taxes on limestone and quarry exploitation fees.

Damián Altgelt, executive director of AFCP, said "The cement sector is going through a difficult year, with a drop of close to 25% compared to 2023. We confidently hope that the macroeconomic measures that the government is undertaking will allow us to overcome this transition period soon and recover the highest levels of activity again. In the past four months we have seen around 0.9Mt of cement sold (per month), which is clearly higher than the very depressed levels we had in the first half of 2024.”

Pakistan: Cement exports from Pakistan significantly increased in September 2024, rising by 71% year-on-year to 0.98Mt, compared to 0.57Mt in September 2023. Despite this growth in exports, domestic cement sales continued to decline, falling by 18% in September 2024. Overall, cement sales for the month decreased by 5.6%, totalling 3.54Mt compared to 3.75Mt in September 2023. From July to September 2024, domestic sales were down by 20%, totalling 8.13Mt, while exports rose by 22%, reaching 2.14Mt.