Displaying items by tag: exports
Iran records booming eight-month exports
06 January 2020Iran: Cement producers in Iran reported growth of 22% year-on-year in exports of cement and clinker over the eight months between 21 March 2019 and 21 November 2019 to 11.4Mt from 9.34Mt. The Financial Tribune newspaper has reported that 37 countries received Iranian cement or clinker over the period. The leading importers of cement were Afghanistan, Uzbekistan, Pakistan, Kazakhstan and Russia. Clinker markets included Iraq, the UAE and China.
Pakistan: Producers increased second-half cement volumes in 2019 by 6.5% year-on-year to 24.8Mt from 23.2Mt between 1 July and 31 December 2018. Domestic consumption grew by just 3.5% between the two periods under comparison to 20.4Mt from 19.7Mt, causing exports to rise by 22% year-on-year to 4.38Mt in 2019’s second half from 3.56Mt one year previously. The Nation newspaper projected Pakistan’s total volumes in the financial year ending 30 June 2020 of 47Mt/yr against an installed capacity of 60Mt/yr.
Vietnam produces 96.5Mt of cement in 2019
02 January 2020Vietnam: Vietnamese cement producers increased their output of cement by 7.9% year-on-year to 96.5Mt in 2019. Volumes in December 2019 were 8.7Mt – up by 12% from 7.8Mt in December 2018, when the country produced 90.2Mt throughout the year. Vietnam News Brief Service has reported that in 2019, 34Mt of cement and clinker was exported from Vietnam – up by 6.3% year-on-year from 32.0Mt in 2018 – with a total value of US$1.39bn – up by 11% from US$1.25bn.
Semen Indonesia reports nine-month results
04 November 2019Indonesia: Semen Indonesia has reported revenues of US$2.00bn in the nine months to 30 September 2019, up by 31% from US$1.53bn in the corresponding period of 2018. The Group’s acquisition of Holcim Indonesia in February 2019 expanded its domestic cement production capacity to 39.4Mt/yr, which it says has bolstered its competetiveness against importers in a crowded domestic market.
The company recorded US$91.7m in profit over the period, down by 38% year-on-year from US$148m as its foreign sections failed to grow.
Pakistani cement production grows 9.2% year-on-year in October
04 November 2019Pakistan: The All Pakistan Cement Manufacturers’ Association has released figures showing a total cement output of 4.98Mt in October 2019, up by 9.2% from 4.56Mt in October 2018. Business Recorder recorded that this is a national record for monthly despatches; the second month of growth following year-on-year falls in July and August 2019. Exports continued to rise, to 0.79Mt, up by 28% from 0.62Mt in October 2018.