Cement News tagged under: Consumption
Colombia's market expands 5.9% in April03 June 2016, Published under Cement NewsCement dispatches in Colombia rose 5.9 per cent to 1.05Mt in April 2015, according to the country’s statistics office, Dane. Cement production in April reached 1.1Mt, up five per cent YoY and the highest output for April in the past eight years. By region, the department of Córdoba saw the highest increase in cement demand at 27.8 per cent, followed by Risaralda, with 20.8 per cent. Antioquia was reporting a variation of 9.5 per cent. Bolivar and Cesar recorded falls of 17.4 and 18.5 ... |
Italy: Consolidation needed as consumption forecast to remain depressed27 May 2016, Published under Cement NewsWith the European Commission having this week given the go-ahead to HeidelbergCement’s acquisition of Italcementi, Italy’s largest cement producer is set to become even less dependent upon what was until now its home market. Since 2007 Italcementi's domestic market has contracted from a peak consumption of 46.4Mt nine years ago to 19.6Mt in 2015, with demand predicted to be flat in 2016. The Italian cement producers’ association, AITEC, predicts that consumption will remain below 23Mt until ... |
Spain: April cement demand contracts 3.3%23 May 2016, Published under Cement NewsCement consumption in Spain fell 3.3 per cent YoY in April, slipping to 946,329t, according to Oficemen. The latest data bring the figures for the first four months of 2016 to 3,512,140t, reflecting a decrease of 1.2 per cent YoY. Oficemen attributes the decline particularly to public works, which, according Oficemen’s director general, Aniceto Zaragoza, "is being much worse than expected and does not correspond to the approved by government budgets, which means there is a slowdown of... |
India: Positive outlook for growth, but challenges remain20 May 2016, Published under Cement NewsCement consumption in India doubled between 2005 and 2015, but still lags behind China’s at a comparable stage of development. In 2001, the World Bank calculations put China’s GDP per capita at US$1212 in inflation-adjusted terms. Using the same methodology, India’s current GDP per capita is slightly higher than China’s was then: in 2014, India’s GDP per capita reached US$1234. Do these figures suggest that India is a decade or so away from exercising the same sort of economic muscle that... |
Peru: cement market expands 1.8% YoY in April17 May 2016, Published under Cement NewsPeru’s cement demand increased 1.8 per cent YoY in April to 781,000t, according to the country’s cement association, Asocem. This reversed the previous month’s fall of 1.4 per cent. Cement output in April expanded by 7.5 per cent YoY to 831,000t. Some 29,000t of this volume was exported, reflecting an eight per cent decrease when compared with April 2015. In addition, 23,000t of clinker was exported – some 17 per cent below the April 2015 level. |
Argentina: cement sales fall by over a quarter10 May 2016, Published under Cement NewsArgentina’s cement market contracted 27.6 per cent YoY in April 2016, according to the latest data from Asociación de Fábricas de Cemento Portland (AFCP). Total cement sales, including exports, fell 31 per cent during the period. The fall in domestic sales has been attributed to the economic recession and the decision by the government to delay key infrastructure works. As a result, the country’s cement association now forecasts cement dispatches for 2016 to reach 10.5Mt, some 13.4 per c... |
Rep of Congo: Cimenterie de Lukala to close down06 May 2016, Published under Cement NewsCimenterie de Lukala (CILU), located in the Republic of Congo, will be closing down due to “the unfair competition it has faced since December 2015”, according to its CEO, Ola Ora. The factory had been running at capacity utilisation rates of below 50 per cent in recent times. The country’s government had allowed conditional imports of cement into the Republic of Congo. Domestic cement demand is estimated at around 3Mt, but local production is limited to 0.5Mt. |
PPC29 April 2016, Published under Cement NewsAccording to PPC, cement consumption in South Africa reached 13Mt in 2015, up 7.7 per cent on the previous year. The growth is attributed to strong demand from the construction sector, particularly projects involving new power stations and hydroelectric plants. The opening quarter of the year saw the fastest sales growth YoY with 15.6 per cent. The second quarter was far more subdued with 1.5 per cent but was followed by more than seven per cent expansion in the last two quarters of the year... |
Can China bounce back?28 April 2016, Published under Cement NewsAhead of the 17th China International Cement Industry Exhibition, which is due to take place in Nanjing, China, on 12-14 May 2016, this article presents an update on important recent developments in terms of domestic cement consumption trends and the pricing environment. Efforts to cut excessive capacity and promote industry consolidation also remain central themes. By Addison Dai, DBS Vickers, Hong Kong. Nanjing will be the setting for the 17th China International Cement Industry Ex... |
Taiwan's next phase21 April 2016, Published under Cement NewsWith demand far from its 1993 peak of 28Mt and export restrictions in place since 2011, the Taiwan cement industry has faced testing times in its recent history. As import protection ends in May 2016, ICR speaks with Christopher Pei, secretary general of Taiwan Cement Manufacturers’ Association, about expectations for this challenging new era. Christopher Pei, secretary general, Taiwan Cement Manufacturers’ Association In mid-2016, Taiwan’s cement industry is expected to ente... |