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Displaying items by tag: Production
Argentinian production for May 2013
19 June 2013Argentina: In 2013 Argentinian cement factories shipped 1.02Mt of cement including exports, representing a 14.3% increase compared to May 2012, according to the Asociación de Fabricantes de Cemento Portland.
Domestic consumption, including imports, reached 998,196t, leaving around 22,000t that was exported.
Misr Cement Qena back online
12 June 2013Egypt: Misr Cement Qena has announced that production has restarted at its plant after a period of disruption that was brought about by a shortage of mazot (a type of heavy fuel oil) at the plant.
The price of mazot has been increased by a factor of nearly 2.5 by the government since the start of 2013. Cement companies like Misr Cement Qena are increasingly looking to use other types of fuel, including alternative fuels.
Vietnam reports on first five months of 2013
03 June 2013Vietnam: Cement companies in Vietnam sold 19.15Mt of cement in the domestic market in the first five months of 2013, up by 9% from the same period of 2012, according to the Ministry of Construction. The country produced 23.8Mt of cement between January and May 2013, fulfilling 41% of Vietnam's whole-year target, including an on-year rise of 19% in May 2013.
Le Van Toi, director of the Building Material Department under the ministry said that the increase in cement sales in the first five months showed a recovery in the country's economy thanks to the government's stimulation packages to support the real estate market. It also signals an increase in demand for other building materials in the construction season, he added, noting that many cement grinding firms had had difficulty buying clinker in the first half of May 2013 as domestic demand surged.
Vietnam's cement output is expected to reach 79.45Mt in 2013, 81.56Mt in 2014 and 83.86Mt in 2015, according to the ministry.
China cement news in brief
29 May 2013National: China's cement output grew by 8.7% year-on-year in April 2013, rising from a 4% increase in the same month of last year, according to the latest statistics released by the National Development and Reform Commission (NDRC). In the first four months of 2013, the country's total cement output reached 641Mt, an increase of 8.4% year-on-year from the same period in 2012. Profits for the cement industry fell by 29.4% for the first quarter of 2013 to US$606m.
Regional: In southwest China, Chongqing Municipality produced 17.7Mt of cement over the first four months of 2013, a year-on-year increase of 11.2%, according to the local statistics bureau. Yunnan Province produced 28.4Mt of cement in the first four months of 2013, a year-on-year increase of 27.8%.
The central Hubei Province saw cement output slide by 2.6% year-on-year to 31Mt for the first four months of 2013. Hunan Province saw its cement output rise by 8.3% year-on-year to 9.33Mt in April 2013.
Eastern China's Jiangsu Province saw cement output grow by 15.1% year-on-year to 55.5Mt for the first four months of 2013.
Government: China has confirmed that it intends to release a blueprint for urbanisation in 2013, the state-run Xinhua News Agency has reported, citing officials with China's top economic planner. Officials with the NDRC said the urbanisation development plan is 'very important' and that the NDRC was leading the drafting. Shares in cement suppliers and other construction-related companies have already benefited from expectations of more housing and infrastructure projects.
Corporate: Chinares Cement has announced it is in discussion with Fujian Cement about setting up a joint-venture to build cement grinding lines, and to coordinate marketing and sales. No agreement has been reached yet.
Poland: Cement production in Poland has fallen by 33.5% to 2.69Mt for the first four months of 2013, according to the Polish Cement Association. January to April 2013 sales fell by 31.1% to 2.82Mt. In April 2013, production dropped by 33.8% year-on-year to 1.04Mt and sales dropped by 24.1% to 1.19Mt.
Ube plans first new mine in 35 years
04 April 2013Japan: Ube Industries Ltd has announced that it will develop a large limestone mine in Yamaguchi Prefecture in anticipation of a further recovery in domestic demand for cement in Japan. The company will likely invest US$84m in what would be its first mine development in 35 years. Production is slated to kick off around 2017. Ube plans to operate the mine, which has estimated reserves of some 300Mt, for about 40 years.
Of the company's three domestic cement plants, two mainstay facilities in Yamaguchi have been procuring limestone from a mine near the new site. This existing mine, which produces 8Mt/yr of limestone, has been dug as deep as 140m and has been in production since 1948. High costs from deep mining prompted the company to look for a new site.
After sinking at one point to as low as 40Mt/yr, half of 1990 levels, Japanese cement demand has recently rebounded due to the reconstruction of areas devastated by the March 2011 Earthquake and Tsunami disaster. This trend will likely continue for a while, as efforts to repair and update ageing infrastructure are expected to pick up while reconstruction projects go on.
The Japan Cement Association estimates domestic demand in the current year (to March 2014) will grow by 3.4% year-on-year to 46Mt. Taiheiyo Cement Corporation and other cement makers are also gearing up to boost domestic supplies by curbing exports and taking other measures.
China cement news round-up
20 March 2013Production: China saw cement output increase by 10.8% year-on-year to 237Mt in the first two months of 2013, according to recent data released by the National Bureau of Statistics.
45 companies in Xinjiang Uyghur Autonomous Region produced a total 466,000t of cement and 2.67Mt of clinker in the first two months of 2013, a year- on-year decrease of 9.28% and 37.27% respectively, according to sources quoted by China Business Newswire.
Guangdong Province produced 118Mt of cement in 2012.
Company news: China Shanshui Cement has reported that its net profit fell by 31.8% to US$245m in 2012. Its revenue fell by 4.2% to US$2.6bn in 2012. Total sales volume of cement and clinker rose by 3.5% to 56.9Mt. It attributed the decrease in net profit to the fall of selling prices as a result of decline in demand.
West China Cement has reported that its net profit rose by 44.9% to US$57.9m in 2012. Operating revenue grow by 10.5% to US$566m. The company saw cement sales rise by 22.2% to 14.3Mt.
Fujian Cement has reported a slump in net profit of 76.9% to US$4.63bn in 2012. Operating revenue fell by 13.7% to US$261m. The company expects to earn US$359m in operating revenue in 2013.
Gansu Qilianshan Cement Group sold 15.3Mt of cement and cement clinker in 2012, a year-on-year increase of 29.2%. Currently the company has a cement production capacity of 21.3Mt/yr and it aims to reach a capacity of 45Mt/yr by the end of 2015. Gansu Qilianshan Cement Group Co has announced in its annual report for 2012 that the company saw its net profit drop by 47.8% year-on-year to US$28m in 2012. The company's operating revenue rose by 17.28% year-on-year to US$684m in 2012.
Xinjiang Tianshan Cement Co Ltd has reported that it saw net profit drop by 71.8% year-on-year to US$51.3m in 2012. The company attributed the net profit drop to overcapacity in the cement industry in 2012. Tianshan Cement's operating revenue for 2012 fell by 6.99% year-on-year to US$1.24bn.
Shenzhen-listed cement producer, Sichuan Shuangma Cement Co has announced that it earned a net profit of US$1.37m in 2012, a year-on-year decline of 90%. The company's operating revenue for 2012 decreased by 8.3% on-year to US$301m.
Poland's cement output drops by 35% in February 2013
13 March 2013Poland: Poland's cement production totalled 350,600t in February 2013, a decrease of 35.4% year-on-year, according to statistics from the country's Cement Producer Association. Cement sales remained relatively stable at 533,300t, marking a decrease of 2.5%. For the first two months of 2013, cement output declined by 46.6% to 705,900t, while sales dropped by 24.1% to 941,000t.
China produces 2.18Bt of cement in 2012
22 February 2013China: Cement output in China increased by 7.4% year-on-year in 2012 to 2.18Bt, according to data released by the Ministry of Industry and Information Technology. Clinker output rose by 1% to 1.28Bt. Obsolete cement production capacity of 220Mt/yr was eliminated.
In other news the China Building Material Federation has released production information for regions in north-western China. Xinjiang Uyghur Autonomous Region produced 41Mt of cement in 2012, a year-on-year increase of 32.8%. Ningxia Hui Autonomous Region saw cement output increase by 10% to 16.1Mt. Shaanxi Province saw cement output increase by 16.3% to 76Mt. Gansu Province saw cement output increase by 32% to 36.7Mt.
China cement news in brief
06 February 2013Production in 2012: China built 124 new dry-process cement production lines and added 160Mt of cement clinker production capacity in 2012, according to the China Cement association. China had 1637 dry-process cement production lines with a production capacity of 1.6Bnt/yr of clinker by the end of 2012.
Sichuan Province in south-western China has seen its cement output climb by 2.02% year-on-year to 130Mt in 2012, according to the local Statistics Bureau. In 2012, Sichuan's cement industry recorded US$7.68bn in total output value, a year-on-year increase of 1.87%. Meanwhile, the industry's profit rose by 0.81% year-on-year to US$0.44bn.
North China's Hebei Province's cement output reached 128.1Mt in 2012. The province's building materials industry recorded US$1.7bn in profit in 2012, a year-on-year decrease of 21.8%.
East China's Jiangxi Province saw its cement output increase by 10.2% to 76.4Mt in 2012, according to the local branch of the Ministry of Industry and Information Technology.
Sinoma: Sinoma International Engineering has announced that the company plans to invest US$25.2m to set up a subsidiary in Hong Kong. The Hong Kong unit will acquire a 68% stake in the India-based cement firm, LNV Technology. Sinoma International said that the acquisition will increase its competitiveness in India's cement engineering market.
Separately, Sinoma estimated that the company's net profit for 2012 will decrease by 50% year-on-year in 2012, compared with a profit of US$247m in 2011.
Company news: Shanghai-listed cement and clinker producer, Xishui Strong Year Co Ltd Inner Mongolia, has estimated that the company's net profit will surge by 590% on-year in 2012, compared with a profit of US$1.51m in 2011.
Fujian Cement Inc expects to earn US$4.17m to US$4.98m in net profit in 2012, a year-on-year decrease of 79.2% to 75.27%.
Henan Tongli Cement Co Ltd, a Shenzhen-listed cement producer, has estimated that its net profit for 2012 will be between US$23.9m and US$28.6m, a year-on-year decrease of 26.1% to 38.1%. Tongli Cement earned US$38.7m in net profit in 2011.