Cement News tagged under: Consumption
Global demand growth outlook downgraded28 October 2013, Published under Cement NewsA recent report by Morgan Stanley has lowered the growth outlook for global cement demand for 2013 to adjust for a changing economic landscape in emerging regions. Following economic updates by its analysts, which cut GDP forecasts for most emerging countries, cement volume expectations have been significantly trimmed in half of the world’s regions. The research house now expects two per cent growth in global cement demand in 2013 (excl. China) followed by 3.5 per in 2014 – marking the slo... |
Spanish demand falls 22% in first nine months22 October 2013, Published under Cement NewsCement consumption in the first nine months of this year fell by 22 per cent YoY to 8.3Mt, latest data from domestic association Oficemen shows. In September, demand fell to 947,170t, a decline of nine per cent YoY. "The continuing cuts in public works investments are a blow to the activity and jobs in the construction sector, an industry that has been generating wealth and jobs in our country and a benchmark for global efficiency," CEO of Oficemen, Aniceto Zaragoza, said. Citing da... |
Qatar could face shortages due to lack of capacity additions17 October 2013, Published under Cement NewsQatar could face a “major cement shortage” in the near term with no major capacity expansions in the pipeline to meet expected strong rises in demand, a new report by Global Investment House (GIH) has cautioned. In anticipation of the FIFA World Cup in 2022 in Qatar, there are numerous projects planned and underway to ensure that the country has the right infrastructure and competition venues to support an influx of visitors. Projects are currently focused on housing, hotels, 12 stadi... |
Mexico: better times ahead?16 October 2013, Published under Cement NewsMexico’s cement market is at a watershed moment with leading operator Cemex firmly in control of events at the top of the scale, but new production and the growing need for cement is likely to boost sales. So how far away are these better times for Mexican cement producers? GCC operates a cement plant (pictured) in Chihuahua, the largest state in Mexico After being restored to power last year, the centre-left Institutional Revolutionary Party (PRI) has been quick to galvanise Me... |
China production rises in first eight months14 October 2013, Published under Cement NewsChina's cement and clinker production totalled 1.52bnt and 888Mt in the first eight months of 2013, up 9.2 per cent and 5.2 per cent respectively from the same period of a year earlier, according to the China Cement Association. The southwestern and northwestern regions saw the fastest growth rates of 14.6 per cent and 15.4 per cent, while production in the northeast continued to decline, and production in the north remained unchanged compared with a year earlier, bucking the downward tr... |
Vicem sales rise 9.5% in first nine months11 October 2013, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) reported a 9.5 per cent YoY rise in sales for the first nine months of 2013 to 15.84Mt, meeting 72.3 per cent of its full-year target. Of the total, 14.35Mt of sales were destined for the domestic market, a rise of 6.2 per cent YoY (comprising 11.61Mt of cement and 2.74Mt of clinker). Meanwhile, 1.49Mt of cement and clinker were exported, representing a strong advance of 57.8 per cent on the same period of the year before. The corporation pro... |
Planning positive moves07 October 2013, Published under Cement NewsDespite a recent deceleration in economic and construction growth, the Turkish cement industry has performed well in recent times. Going forward, local producers and the Turkish Cement Manufacturers’ Association (TÇMB) remain optimistic as urban transformation plans and infrastructure investment promise further growth in cement demand. By TCMB, Turkey. Ahead of this year’s 12th TÇMB International Technical Seminar & Exhibition in Antalya, Turkey this October, the association looks ... |
Vietnam monthly output up 13% MoM01 October 2013, Published under Cement NewsCement producers in Vietnam increased their output 13 per cent MoM and 17.6 per cent YoY to 5.2Mta in September, according to the country’s General Statistics Office (GSO). The GSO also revised down the national output figure for August to 4.6Mt from an earlier estimate of 4.9Mt. In the first nine months of 2013, Vietnamese cement makers are estimated to have produced 41.8Mt, up 5.5 per cent YoY. Cement sales are expected to rise by 4-5 per cent to 56-57Mt in 2013, including 48-49Mt... |
Pakistan September sales seen rising on higher domestic demand25 September 2013, Published under Cement NewsPakistan cement sales are expected to increase by six per cent YoY in September 2013 on the back of a rise in domestic demand. Dispatches are forecast to climb to 2.76Mt for the month compared to 2.61Mt in the same period of last year. Local sales are seen rising 11 per cent YoY to 1.98Mt, according to estimates by InvestCap. The south is anticipated to have grown 32 per cent on a YoY basis mainly due to a boom in construction activity. The region has also experienced two months of heavy r... |
August cement demand falls 23% in Spain24 September 2013, Published under Cement NewsCement consumption in Spain continues its freefall with the figure for August down more than 23 per cent to 886,005t. Production fell by 7.7 per cent from 1,308,090t to 1,207,891t in August, according to the latest figures by the country’s cement association, Oficemen. Between January-August, a similar decline has taken place with cumulative consumption at 7,400,946t, over 2Mt less than the equivalent period of 2012. Spanish cement producers have lowered their output by a fifth from over ... |