Displaying items by tag: exports
Unacem boosts sales in 2021
31 March 2022Peru: Unacem’s sales were US$655m in 2021, up by 43% year-on-year from US$458m in 2020. It sold US$598m-worth of cement, up by 41% year-on-year from US$425m-worth, and exported US$30.3m of clinker, up by 35% year-on-year from US$22.5m-worth.
The producer said “2020 and 2021 have been years of great challenges for the world and our country because of the Covid-19 pandemic. In this context, the company implemented a plan of measures that has allowed it to cope with this crisis, having as a fundamental pillar ensuring the safety and health of its employees, the sustainability of the company and all its shareholders. Likewise, the Peruvian government continues to take the necessary actions to mitigate the effects of the third wave of Covid-19 as well as to safeguard the payment chain of companies.”
DG Khan increases sales as profit more than doubles in first half of 2022 financial year
25 March 2022Pakistan: DG Khan recorded sales of US$151m in the first half of its 2022 financial year, up by 25% year-on-year from US$120m in the first half of the 2021 financial year. Its profit for the period more than doubled to US$12m from US$4.41m. Its cement exports were valued at US$968,000, more than triple its US$230,000-worth of exports recorded in the first half of the 2021 financial year.
Turkish Cement production rises in 2021
25 March 2022Turkey: Members of Türkçimento produced 78.9Mt of cement in 2021, up by 9.2% year-on-year from 2020 levels. Capacity utilisation for the year averaged 71%. Cement sales also rose, by 8.2% to 60.2Mt. Exports fell by 1.9% year-on-year to 30.8Mt, with a value of US$1.26bn, 23% of total sales.
Türkçimento chair Fatih Yücelik said that the sector has ‘rapidly and heavily’ felt the effects of the Russian invasion of Ukraine on its operations. Yücelik said “We continued our activities in 2021 under difficult conditions, following 23% year-on-year growth in 2020. We predict 4% growth in our sector in line with the economic growth target in 2022.”
Algerian cement truckers protest loading law change
21 February 2022Algeria: Some cement truck drivers have launched protests against a change in the law which limits their vehicles’ loads below the previous maximum weight. The L’Expression newspaper reports that protests include refusals to depart and the establishment of roadblocks. The actions have prevented the export of some Algerian clinker. Lafarge Algérie said that it raised drivers’ pay per tonne of goods following the law change. The company stated that the new level of pay ensures that transporters will not lose out as a result.
Algeria is targeting cement and clinker exports of 10Mt in 2022.
Steppe Cement increases its cement sales in 2021
13 January 2022Kazakhstan: Steppe Cement sold US$83.4m-worth of cement in 2021, up by 16% year-on-year from its US$71.7m-worth in 2020. Its sales volumes totalled 1.69Mt for the year, up by 2.4% from 1.65Mt in 2020. It exported 202,000t of cement, down by 57% from 86,500t. The company said that production limitations prevented it from fully meeting demand, and it concentrated on local markets. Regarding its outlook in 2022, Steppe Cement said “We have a healthy cash balance and are continuing our capital expenditure (CAPEX) programme to increase the production capacity of the company by 5% by mid-2022.”
Dow Jones Newswires has reported that Kazakhstan’s 2021 full-year cement consumption was 11.6Mt, up by 23% year-on-year from 9.4Mt in 2020. A rule change to pension withdrawals permitting allocations for home improvement and construction bolstered demand growth. Exports fell by 20% to 1.6Mt from 2Mt, while imports rose by 33% to 800,000t from 600,000t.
Vietnam: Vietcombank Securities Company (VCBS) has forecast a 16% year-on-year rise in Vietnam’s cement and clinker exports to 44.5Mt from 38.4Mt. 22.3Mt (50%) of the 2021 exports will be to China. Viet Nam News has reported that VCBS forecast a drop in Vietnam’s cement and clinker exports to China in 2022 due to a Chinese property market slowdown. From 2023, the Vietnam government plans to raise its clinker export tariff to 10% from 5%.
Japan: Sumitomo Osaka Cement recorded consolidated first-half sales of US$790m in its 2022 financial year, down by 20% from US$993m in the first half of the 2021 financial year. Its cement sales were US$544m, down by 31% from US$784m. It exported 778Mt of cement, up by 33% from 594Mt in the first half of the 2021 financial year. Its domestic sales volume was 4.1Mt, up by 1.2% from 4.05Mt.
The group forecast full-year consolidated sales of US$1.65bn, down by 22% year-on-year from US$2.12bn.
Vietnam: Vietnam exported 43Mt of cement and clinker in the first 11 months of 2021, up by 24% year-on-year from 11-month export volumes in 2020. Viet Nam News has reported that the value of Vietnam’s cement and clinker exports rose by 28% to US$1.67bn. The country’s full-year cement and clinker exports in 2020 were 38.4Mt, with a total value of US$1.44bn.
Spain: Spain’s 10-month cement consumption was 12.5Mt in 2021, up by 12% year-on-year from 10-month 2020 levels. Interempresas News has reported that consumption grew by 10% year-on-year in October 2021 to 1.3Mt from 1.18Mt. During the month, exports fell by 14% year-on-year to 581,000t from 485,000t.
Iran: Cement companies produced 32.4Mt of cement in the first half of the 2022 financial year, down by 9.2% year-on-year from 35.8Mt in the first half of the 2021 financial year. 62 companies supply cement in the Iranian market. In the 2021 financial year, Iran produced 68.3Mt, exported 11Mt and consumed 65Mt, including imports.