Displaying items by tag: Output
China's cement output rises 9.7% in H1
17 July 2013China: China's cement output has increased by 9.7% year-on-year to 1.1Bt for the first half of 2013, according to the data released by the National Bureau of Statistics (NBS). In June 2013 cement output increased by 8.8% year-on-year to 228Mt.
China cement output grows 8.2% to 417Mt in Q1
15 April 2013China: Output of cement in China reached 417Mt in the first quarter of 2013, a rise of 8.2% year-on-year according to data issued by the National Bureau of Statistics of China. Cement output in March 2013 grew by 6.9% year-on-year to 187Mt.
In a separate formal announcement China's Ministry of Industry and Information Technology informed the provinces that 73.5Mt of obsolete cement production capacity will be eliminated in 2013.
Iskitimtsement output rises 23.1%
03 October 2012Russia: RATM Holding's Iskitimcement Cement Plant has reported a rise in its output by 23.1% year-on-year to 1.12Mt for January to September 2012. Deliveries rose by 28.9% to 1.29Mt in the same period.
In July to September 2012 Iskitimtsement produced 535,000t of cement and sold 579,369t. In September 2012 the company's output reached 168,000t and sales were 187,434t. Iskitimtsement has said that it plans to boost 2012 production by 9.4% year-on-year to 1.4Mt/yr.
Nationally, cement production in Russia to expected to reach 61Mt in 2012 as the construction industry continues to drive growth. During the first half of 2012, construction output managed to maintain a growth pace above that of the gross domestic product (GDP), recording a 5.4% expansion in year-on-year terms while GDP managed to expand by only 4.5% for the same period. At the same time, the production of cement in Russia totalled nearly 27.8Mt in the first half of 2012, representing a 14.1% annual increase. The sector is expected to further intensify in the near future due to large investments by public authorities in construction projects.
UK construction slows in January 2012
07 February 2012UK: A report by Markit/CIPS has shown that the UK construction industry as a whole experienced a slow down in January 2012. Jason Heath, a construction specialist at Bibby Financial Services said, "The latest Markit/CIPS survey highlighted that the construction sector slowed down in January 2012. Although the numbers indicate a fall in productivity, the survey also revealed that construction managers and owners are feeling optimistic for the first time in eight months."
"This optimism is perhaps down to construction firms having a particularly successful December 2011, potentially due to milder weather conditions and infrastructure projects commencing, which surprised economists who had predicted a decline towards the end of 2011," he continued. "In order to retain this positive outlook, the government needs to make funding the construction industry a priority by making it more accessible to firms so this sector can continue to provide a vital contribution to the UK economy," concluded Heath.
Vietnamese output up on the year
27 June 2011Vietnam: According to figures released by the government's General Statistics Office, cement producers in Vietnam are estimated to have made 18.7Mt of cement in the first four months of 2011, a year-on-year increase of 11.5%. In April 2011 the country's cement output was estimated at 5.5Mt, up by 12.1% on the year.