As ICR rounds up the latest capacity projects from around the world in its July 2017 issue, CemNet focusses on cement plants currently under construction and recently-announced projects in Asia as it prepares for Cemtech Asia 2017, which will take place 9-12 July in the Shangri-La Hotel, Singapore.
The volume of new capacity coming on-stream over the next two years remains strong, particularly in emerging markets such as Asia, as regional cement producers expand their operations on the basis of strong and continuing growth projections. According to ICR’s proprietary database of cement plant projects1, there are currently 166 plants now under construction worldwide, excluding China, representing 234Mta of cement capacity. A similar volume of capacity has been announced for construction but has not yet proceeded to the construction phase. The pace of building up new capacity may not be as ferocious as in previous years but is nevertheless still moving at a robust pace. Worldwide, excluding China, there is 467Mta of cement capacity now in contention, equating to a capacity expansion of around 125Mta, taking into account projects that will not graduate from announcement to construction. In Asia some 95.11Mta of capacity is under construction in 51 projects with a further 101.61Mta in 64 projects announced (see Table 1).
