Displaying items by tag: Sales

Pakistan: 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.

China: Anhui Conch has continued a cement sale and purchase agreement with Jiangsu Conch Building Materials by entering into a new contract worth US$364m. Subsidiaries of Anhui Conch based in east China will sell a total of 7.5Mt of cement products to Jiangsu Conch, a non-wholly owned subsidiary of Anhui Conch, in 2019. Additionally, three of Anhui Conch’s subsidiaries in Shanghai region will procure 0.13Mt of fly ash and 70,000t of flue gas desulphurisation gypsum from Jiangsu Conch Building Materials in 2019 for a value of around US$3m. The deals follow a similar arrangement for Anhui Conch to sell cement to Jiangsu Conch in 2018.

Uruguay: Cement sales rose by 4.6% year-on-year to 0.60Mt in the first nine months of 2018 from 0.57Mt in the same period in 2018. Exports and internal sales both rose by similar ratios to 87,700t and 0.51Mt respectively, according to data from the Chamber of Industries of Uruguay. Despite overall growth, exports in the third quarter of 2018 nearly halved. Most exports were sent to Paraguay, followed by Argentina and Brazil.

Ukraine: Ukrainian cement production in October 2018 increased by 13.8% year-on-year to 0.96Mt in October 2018, according to the State Statistics Service. The figure was 7.4% higher than in September 2018. Over the first 10 months of 2018, the production of cement increased by 0.1% year-on-year to 7.86Mt.

Uzbekistan: 80% of local cement sales were made through the Uzbek Commodity Exchange in the first nine months of 2018. Local sales fell by 4.7% year-on-year to 5.6Mt from 5.9Mt, according to the Trend News Agency. 4.5Mt of this total was sold through the commodity exchange. Falling sales have been blamed on rising natural gas and electricity prices. Tariffs for gas and electricity have increased by at least 60% during 2018 for industrial users in the construction industry, including cement producers.

China: Anhui Conch has signed a cement sale and purchase agreement with Jiangsu Conch Building Materials with a value of up to around US$230m. Subsidiaries of Anhui Conch based in east China will sell a total of 3.5Mt of cement products to Jiangsu Conch, a non-wholly owned subsidiary of Anhui Conch. The contract will last until the end of 2018.

The agreement has been setup for a relatively short time period as a pilot scheme to test the market. The intention is to allow the direct Anhui Conch subsidiaries to focus on production and to enable Jiangsu Conch to concentrate on using its ‘centralised sales advantage.’

Pakistan: Overall cement sales in Pakistan fell by 2% year-on-year to 7Mt in the first two months of the current fiscal year, which began on 1 July 2018. Domestic sales dropped by 5.3% to 5.9Mt, while exports increased by 21.5% to 1.1Mt.

A spokesperson from the All Pakistan Cement Manufacturers Association (APCMA) said that the industry had been expecting slower growth at home but had not expected a contraction. He added that in July 2018 overall sales had grown by 5% but they fell by 8% in August 2018.

Argentina: Both the sale and consumption of cement grew by 17% in August 2018 compared to July 2018, according to the national government. With sales of 1.1Mt, August 2018 also grew 0.1% compared to August 2017.

"The August figures are very positive in this economic context, which shows that construction, public and private, continues to advance,” said Guillermo Dietrich, Minister of Transportation. “The sale of cement maintains the same values as in August 2017, setting a historical record. We are facing the most ambitious infrastructure plan in history and that does not stop."

Ukraine: Production of cement in Ukraine fell by 4.7% to 0.96Mt in July 2018 compared to the same month in 2017, according to the State Statistics Service. Production was also 6.1% less than in June 2018.

In the first seven months of 2018, cement production fell by 3.7% to 4.97Mt. Cement production was 9.31Mt for the whole of 2017.

Dominican Republic: Colombia’s Cementos Argos has announced that it recorded positive results in the Dominican Republic during the first half of 2018. In this period, the company saw overall revenues experience a year-on-year increase of 7%, while net profits expanded by 23%. These positive results helped the company to report a good performance in its Caribbean-Central American regional operations, which recorded earnings before interest, tax, depreciation and amortisation (EBITDA) of US$99m and revenues of US$299m in the period under review, marking increases of 3.9% and 2.6%, respectively.