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Cement consumption falls in Andalusia

09 October 2019

Spain: Cement consumption in Andalusia fell by 3.3% in August 2019 to 221,970t. For January – August 2019 total consumption was 1.87Mt. It is thought that this is due to reduction in the region’s construction sector and a lack of civil works.

Exports fell by 58% year-on-year, reaching 88,136t, around 124,719t less than in August 2018. The accumulated value for 2019 is currently 46% lower year-on-year, at 731,720t.

Published in Global Cement News
Tagged under
  • Spain
  • Andalusia
  • Sales
  • Consumption
  • GCW426

Eighth consecutive monthly fall in Puerto Rican sales

09 October 2019

Puerto Rico: Cement sales in Puerto Rico experienced a year-on-year fall of 7.4% in September 2019, to stand at 43,500t, the eighth consecutive monthly fall. Meanwhile, overall domestic cement production rose by 1.0% in the month under review, to reach 41,000t. This is the third increase reported to be observed during the first nine months of 2019.

Published in Global Cement News
Tagged under
  • Puerto Rico
  • US
  • Sales
  • Consumption
  • GCW426

Carthage Cement points to positive future

09 October 2019

Tunisia: Carthage Cement has announced a general improvement in its financial indicators as it forecast a gross operating income of US$25m for 2019. This would represent a 123% improvement from US$11.2m in 2018. Ibrahim Sana, Carthage Cement’s CEO anticipates a gross operating income as high as US$55m in 2023, with a targeted turnover of US$140m.

The company also announced a 0.1Mt export contract for cement to be sent to Spain.

Published in Global Cement News
Tagged under
  • Tunisia
  • Carthage Cement
  • Results
  • Forecast
  • GCW426

Raysut Cement to start building 2Mt/yr plant in Georgia

08 October 2019

Georgia: Oman’s Raysut Cement is set to start building a new 2Mt/yr integrated cement plant near Tbilisi with an investment of US$200m. Raysut Cement’s subsidiary Pioneer Cement is managing the project. It owns a concession to a limestone mine in the country that will be used to support the proposed plant. Construction work at the site is scheduled to start in mid-November 2019.

Published in Global Cement News
Tagged under
  • Georgia
  • Plant
  • Raysut Cement
  • Oman
  • Pioneer Cement
  • GCW426

Ukrainian import tariffs stimulate local market

08 October 2019

Ukraine: Antidumping duties on clinker and Ordinary Portland Cement (OPC) from Russia, Belarus and Moldova introduced by Ukraine in mid-2019 have benefitted local producers. Mykola Kruts, the chairman of the board of Ivano-Frankivskcement, said that his company has been operating at a 90% capacity utilisation rate, according to Interfax-Ukraine.

Published in Global Cement News
Tagged under
  • Ukraine
  • Government
  • Tax
  • Import
  • GCW426
  • Russia
  • Belarus
  • Moldova
  • IvanoFrankivskcement
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