Displaying items by tag: Production
RHI Magnesita India to invest in production capacity
09 September 2024India: RHI Magnesita India plans to invest approximately €442m to expand and upgrade its production capacity by the end of the financial year 2025, according to The Hindu newspaper. This follows a €331m investment over the past two years, which increased the company's refractory production capacity in India to over 0.5Mt/yr.
Egypt's cement consumption set to decline
09 September 2024Egypt: Egypt's cement consumption is expected to drop to 45Mt in 2024, a decrease of 4% from 47Mt in 2023, reports Arab Finance newspaper. According to Ahmed Shireen, head of the cement division at the Federation of Egyptian Industries, the country is also projected to export 15Mt of cement. Local production capacity stands at 92Mt/yr. Recent reductions in transport availability have reportedly been exacerbated by exports, particularly to Libya, causing a significant cement shortage. This has reportedly impacted local construction projects and contributed to a 20% price increase since 1 August 2024.
Vietnam's cement production rises in 2024
09 September 2024Vietnam: Vietnam produced 119Mt of cement between January and August 2024, up by 1.3% year-on-year, according to data released by the General Statistics Office. In August 2024, production was 15.6Mt, up by 6.3% compared to August 2023. In 2023, the country recorded a cement output of 120Mt, a decline of 4.5% year-on-year.
Ukraine: Companies belonging to the Ukrcement association increased cement production by 24% year-on-year to 3.8Mt between January and June 2024, according to a press release.
Clinker production also rose by 13% year-on-year to 3Mt.
The statement said "Despite the enormous challenges of the war, the enterprises of the Association of Cement Producers of Ukraine Ukrcement continue to adapt to new realities and produce strategically important products – cement.”
Tunisia: Les Ciments de Bizerte continues to face disruptions due to a financial crisis, limiting its operations to grinding imported clinker and managing petcoke shipments for third parties, African Manager News reports. Clinker production has been suspended throughout the second quarter of 2024, due to a lack of petcoke.
Cement production plummeted by 70% to 33,282t in the second quarter of 2024 from 109,855t during the same period in 2023. Lime production also declined by 37% due to reduced national demand. Local sales in the first half of 2024 decreased by 60% from US$16.3m in 2023 to US$6.6m in 2024, with exports completely halted during the first half of 2024. The company is in the process of paying off its debts.
Construction boom leads to cement shortage in Kyrgyzstan
07 August 2024Kyrgyzstan: Amidst a nationwide construction boom, Kyrgyzstan faces a cement shortage in its northern regions, Central Asia News reports. The current production in northern plants is insufficient, leading to imports from Kazakhstan which do not meet demand.
Nurdan Oruntaev, Head of State Construction Agency, said “I think the problem will be resolved with the launch of two new cement plants, which are under construction. Prices can then be regulated."
Iran's cement production and exports decline
06 August 2024Iran: Head of the Iran Cement Association Hamid Farmani reported a 10% decline in Iran's cement production to 76Mt in the year ending 19 March 2024, reports The Tehran Times. Association member Ali-Akbar Alvandian also noted that cement exports fell to 10.5Mt during the period of 21 March 2023 - 21 December 2023, from 13Mt in the previous corresponding period. Annual production is calculated at 90Mt, 60Mt of which is used domestically. 13 white cement projects in the country are currently semi-finished, and if completed will lead to a capacity increase of 8.8Mt/yr.
Farmani said “We predict that in the coming years, the per capita consumption of cement in Iran will approach advanced and developing countries, and the consumption will increase from about 800kg per person to 2000kg per person.”
Vietnam's cement production rises
30 July 2024Vietnam: Vietnam produced 104.1Mt of cement in the first seven months of 2024, marking a 1% increase year-on-year, as reported by the General Statistics Office (GSO). In July 2024, the country's cement output is estimated at 15.2Mt, a rise of 7% compared to July 2023.
Ghori Cement production set to rise in Baghlan
23 July 2024Afghanistan: The Ghori Cement plant in Baghlan province plans to increase its production from 0.18Mt in 2023 to 0.2Mt in 2024 due to a growing demand for cement. Technical deputy of the factory, Sarbaz Banuzai, also revealed plans for a new cement plant capable of producing 1.3Mt/yr, which would stand adjacent to the current facility.
Factory workers voiced support for the expansion as a means to combat unemployment and boost local production.
Cement production rises in Uzbekistan
22 July 2024Uzbekistan: Cement manufacturers in Uzbekistan produced 6.2Mt of cement from January to May 2024, reflecting 35% growth year-on-year, according to data from the local Statistics Agency. In May 2024, production was at 1.7Mt.