Displaying items by tag: Production
Ukrainian cement production rises marginally
25 July 2017Ukraine: Cement production in Ukraine rose by 2.6% to 0.96Mt in June 2017 compared to sales in May 2017, according to data from the State Statistics Service. In the first six months of 2017 production of cement rose by 1.3% year-on-year to 4.23Mt. In 2016 production rose by 7.1% compared to 2015 to 9.1Mt. However, with a total capacity of 20Mt/yr, this implies a capacity utilisation factor of just 46%.
Vietnam proposes reduction in cement export tax
24 July 2017Vietnam: The Vietnam Ministry of Planning and Investment (MPI) has proposed a reduction in its cement export tax to help ease the oversupply in the domestic market. In a recent report to the government, the MPI said that Vietnamese cement firms are seeking ways to deal with their large inventory.
Under existing regulations cement is subject to an export tax of 5% and does not receive value added tax (VAT) refunds, meaning Vietnamese cement products have become less competitive than those of China, Thailand, Indonesia and Japan. In response, the MPI has asked the government to slash the cement export tax and allow firms to benefit from VAT refunds for cement exports.
The General Department of Customs’ statistics showed that, in 2016, Vietnam exported 14.7Mt of cement and clinker with a total value of US$560m. At present, cement supply in the Vietnamese market is around 20% higher than demand.
The Vietnam Cement Association has forecast that the country’s total cement output might reach 108Mt in 2018 and 120-130Mt in 2020, leading to an unsold inventory of 36-47Mt.
Russia: Sibirsky Cement’s cement production fell by 11% year-on-year to 1.4Mt in the first half of 2017. Particular declines were registered at its Topkinsky Cement and Timlyuysky Cement plants. The cement producer has blamed falling production on the poor economic situation in the region. Cement consumption in the Siberian federal district fell by 10% to 1.9Mt in the five months to 31 May 2017. The majority of this cement is used for residential construction.
Qatar: Mohamed Ali al-Sulaity, the general manager of the Qatar National Cement Company, says that a blockade of the country by neighbouring states has not effected its cement production. Al-Sulaity said that the cement producer has secured supplies of raw materials and is importing gypsum and iron oxide from Oman, according to the Al Sharq newspaper. He added that bags are being imported from Kuwait.
The company says that it has a surplus of cement production and is able to meet the country’s demand. It plans to operate its 5000t/day kiln number 5 in September 2017 that will increase its clinker production capacity to 19,000t/day and its cement capacity to 21,000t/day.
Several Middle Eastern countries – including Saudi Arabia, the UAE, Bahrain and Egypt – cut diplomatic links and implemented trade and travel embargos with Qatar in June 2017 over alleged links to terrorist groups and links to Iran.
Pacific Cement resumes production in Fiji
06 July 2017Fiji: Pacific Cement has resumed operations at its cement plant. The plant originally stopped operation in late April 2017 due to mechanical failures, according to the Fiji Times newspaper. Chief executive Sowani Tuidrola said that the plant will run at 60% capacity until the end of July 2017 whilst it waits for a new gear. A new Trunnion Gear Assembly is scheduled to arrive in late July 2017 and it will be fitted during a two-week shutdown in late August 2017. Normal production levels are expected to resume from 1 September 2017.
Cement production picks up in Panama
05 July 2017Panama: Data from the Treasury Inspector's Office in Panama reports that cement production rose by 7.5% year-on-year in the first quarter of 2017. The construction sector as a whole grew by 6.6% due to residential and non-residential projects, according to the La Estrella de Panama newspaper. However, infrastructure work decreased at the same time.
Peru: The Association of Cement Producers (Asocem) has forecast that cement production will grow by 1 - 1.5% in 2017. This is based on predicted growth in the second half of 2017 following a decline in production of 5.5% over the last 12 months, according to the Gestión newspaper. Despite this production continued to fall in May 2017, by 6.4% year-on-year to 0.78Mt, although the rate has slowed since April. Cement demand is expected to rebound due to the reconstruction work after El Niño-related flooding and government infrastructure projects.
McInnis Cement produces first cement
21 June 2017Canada: McInnis Cement produced the first cement at its plant in Port-Daniel–Gascons, Quebec on 16 June 2017. Construction at the 2.2Mt/yr plant started in mid-2014. However, Caisse de dépôt et placement du Québec (CDPQ), a pension and insurance fund manager, took charge of the government-backed project in mid-2016 after cost overruns.
“This important milestone marks the work of hundreds of employees, workers and partners who have helped make our plant a performance model for the cement industry, both in terms of productivity and environment”, said Hervé Mallet, President and chief executive officer (CEO) of McInnis Cement.
Saudi Arabia: Cement sales have fallen by 19% year-on-year to 22.6Mt/yr in the first five months of 2017. Clinker production decreased by 11.3%, according to a market report by Al Rajhi Capital. Northern Cement and Najran Cement recorded the highest declines in the period at 50% and 43% respectively. The report does not expect demand to pick up in the remainder of 2017. Overall it forecasts a 14% fall in sales volumes to around 47Mt in the year. Saudi Cement, Yamama Cement, Yanbu Cement and Najran Cement hold 50% of the total inventory in the sector at 4.9Mt, 4Mt, 3Mt and 2.8Mt respectively.
Dominican cement sales rise 7.5% in 2016
07 June 2017Dominican Republic: Adocem, the association of Portland cement manufacturers in the Dominican Republic, has highlighted the contribution of the local cement industry towards the country's development. According to Rayza Rodriguez, the new president of Adocem, the cement industry recorded a 7.5% rise in sales during 2016 compared to 2015, whereas it grew by 3.5% in the first quarter of 2017.