Cement News tagged under: consumption
Indian demand: signs of gradual pick-up09 December 2013, Published under Cement NewsIndian cement demand is seeing gradual signs of recovery with an uptick in demand being witnessed in a number of states, a sector survey has revealed. Over the first three quarters of the current calendar year, cement consumption has been subdued and the industry is expected to fall short of the seven per cent demand growth projected at the start of the year. However, a report by ICICI Securities published in BusinessLine India shows that demand has improved in Punjab, Harayana, Uttar Pr... |
Dominican Republic sees 16% rise in cement demand06 December 2013, Published under Cement NewsThe Dominican Republic sold around 2.9Mta of cement in 2013, cement association Adocem has said. Compared with 2012 sales, this performance heralds a break with the declining trend witnessed since 2007. "In contrast with 2012 sales this represents a significant increase of about 16 per cent, ending the downward path that we have been experiencing since 2007," said Carlos Gonzalez , president of Adocem. In his view, the positive trend can be attributed to the efforts of the Dominican go... |
China's changing dynamics06 December 2013, Published under Cement NewsThe dynamics between small and large players in the Chinese cement industry could all change next year on the back of a number of new policies led by a change in tax rebate policies and more stringent environmental regulation, a new report by BNP Paribas has stated. Going forward, larger producers who can meet the higher environmental standards are sent to benefit from the changes. Changes to tax policy A change to a tax rebate policy, currently enjoyed by producers of low-quality ceme... |
Saudi October sales rise by 2%26 November 2013, Published under Cement NewsSaudi cement sales rose by two per cent during October 2013 to 4.91Mt compared with 4.13Mt in the same period a year ago. Production for the month reached 4.24Mt compared to 4.22Mt in October 2013, a report, based on data released by Yamamah Cement Co (YCC), said. Clinker production rose by 19 per cent to 4.7Mt against 3.98Mt in the same month the year before. Local deliveries of clinker reached 54,000t in October, which were exclusively made by Northern Region Cement Co. Cement impor... |
Spanish cement demand falls 11% in October25 November 2013, Published under Cement NewsCement consumption in Spain has fallen again in October by more than 11 per cent, to 1,003,618t. As a result, domestic cement demand during the first 10 months of 2013 has declined sharply by nearly 21 per cent, with total demand standing at 9,351,734t, some 2.5Mt less than in the same period of 2012, according to Oficemen, Spain’s cement association Cement companies associated with Oficemen are focussing their efforts on a major export drive to maintain production levels. However, the ... |
Waiting for the light19 November 2013, Published under Cement NewsWith cement demand growth slipping below six per cent in 2012, India appears to have fallen short of expectations, in spite of remaining a high-growth market by global standards. As the NCB prepares for its 13th International Seminar on Cement and Building Materials on 19-22 November in New Delhi, ICR looks at the prospects of India’s cement sector. The beginning of 2013 proved a challenging time for the Indian cement sector. As production capacity continues to rise, the industry i... |
Morocco October cement sales down 18.6% YoY13 November 2013, Published under Cement NewsMorocco’s cement market continues to contract with October sales falling by 18.63 per cent YoY, according to data from the Ministry of Housing, Planning and Urban Policy. While the Doukkala-Abda region noted the largest increase in cement sales of eight per cent to 887,179t in October, the key Greater Casablanca market registered a 12.3 per cent YoY drop to 1.637Mt. The slide is closely related to the slowdown in activity in the real estate and public works markets. The government’s M... |
What price for a kingdom?11 November 2013, Published under Cement NewsFuelled by strong demographic growth and high oil prices, the Saudi Arabian government is currently on a US$219bn infrastructure spending spree. With cement demand expected to hit 64Mt by 2014, capacity is now being ramped up with expansion plans by existing producers and the arrival of new players. But with a question mark hanging over the country’s fuel supply, the ability to meet this demand long-term remains uncertain. Modern architectural buildings are already beginning to mix wi... |
Brazil: market developments04 November 2013, Published under Cement NewsBrazil’s recent economic woes have impacted on the scale of the cement sector’s profits and factory utilisation rates, but there is plenty of need for capacity expansion according to industry players. Gearing up for future growth is not an opportunity to be missed it would seem. Southeastern Brazil has been the main area for the country’s cement consumption, but the northeast is now beginning to increase demand The cement industry is a vital sector for Brazil, and over the ne... |
Philippine cement sales rise 7.1% on stronger government spending04 November 2013, Published under Cement NewsCement sales in the Philippines increased by 7.1 per cent to 14.9Mt from 13.9Mt in the same period of last year, according to the country’s cement association, CeMAP. According to Ernesto M Ordonez, president of CeMAP, a rise in July-August sales were driven by higher government spending (especially by the Department of Public Works and Highways), an increase in business confidence and a generally strong economy with good growth. The group added that the expansion in construction proje... |