Cement News tagged under: market report
A new chapter for China15 August 2023, Published under Cement NewsAfter implementing continuous COVID-19 response measures over the past three years, China re-opened its doors to the world in December 2022. Having been impacted by pandemic-related restrictions as well as domestic and international headwinds, the country is now starting a fresh chapter with new obstacles and opportunities ahead. By Fei (Grace) Chen, China Cement Association, China. In 2022 China’s cement industry experienced one of its most challenging times in years and is now embar... |
Uganda’s upturn awaits25 July 2023, Published under Cement NewsDespite Uganda’s cement market remaining flat in FY21-22, expectations are for a revival in demand growth with the introduction of new infrastructure and housing plans. The country’s domestic industry remains reliant on the import of major input materials, including clinker, while the surplus cement situation looks set to continue. By Jagdeep Verma, Holtec Consulting Pvt Ltd, India. While Uganda’s economy contracted in FY19-20, the following two years saw a pick-up that is now leading... |
Progress for Peru?03 July 2023, Published under Cement NewsFollowing a market contraction in 2020, Peru’s cement producers have seen domestic cement demand recover, making significant gains, even when compared to pre-pandemic levels. Company performance remains solid despite higher input costs, and driving the industry towards further optimisation initiatives. By ASOCEM, Peru. Peru’s construction sector expects to see a recovery in 2023, followed by expansion in 2024 as the country leaves its economic, political and social challenges behin... |
Vietnam’s emerging trends27 June 2023, Published under Cement NewsAmid challenging market conditions and higher production costs, energy efficiency and decarbonisation have emerged as key development trends in the Vietnamese cement sector. These measures are helping producers optimise operations as well as reduce energy costs and carbon emissions, all while strengthening competitiveness.By Hai Khieu, FiinGroup, Vietnam. Decarbonisation and energy efficiency are two of the key issues that face the Vietnamese cement industry as the country aims to ... |
Tunisia’s times of uncertainty19 June 2023, Published under Cement NewsThe Tunisian cement sector is striving to maintain profitability as the domestic construction sector struggles to sustain a post-pandemic recovery. Exports are providing one way for the domestic players to offset weak demand, while prices have risen substantially to offset the steep cost inflation. Tunisia’s cement producers are finding their feet again after the COVID-19 pandemic, but rising inflation and higher building costs remain a challenge (© Romas) Tunisia has seen ch... |
India: looking for the next leap30 May 2023, Published under Cement NewsIndia’s cement sector continued on the right track in 2022 as growth has begun to reset to a more realistic level. The government’s infrastructure push and a continued focus on affordable housing ahead of next year’s general election are proving key demand drivers and will likely to lead to further, more sustainable gains in consumption going forward. Increased industry confidence, a high, sustainable growth trajectory and moderating fuel costs bode well for cement producers in Ind... |
Bangladesh: building the future08 May 2023, Published under Cement NewsBangladesh’s economy remained resilient and continued its strong post-pandemic resurgence in 2022, but the medium-term outlook is uncertain due to global challenges. With the government investing in infrastructure projects, EBL Securities looks at the prospects for the industry as the country looks to build a stronger future. By EBL Securities Ltd, Bangladesh. The long-term demand outlook for the Bangladeshi cement industry remains positive with higher single- to double-digit growt... |
Czech action on climate change11 April 2023, Published under Cement NewsCement consumption in the Czech Republic remained resilient during the pandemic. However, economic headwinds and a slowdown in construction activity are likely to impact demand in the near-term. For local cement producers, decarbonisation plans are high on the agenda as the sector looks to implement a number of changes in line with industry's green goals. By Jan Gemrich, Czech Cement Association, Czech Republic. For Czech cement producers industry decarbonisation is high on the agenda... |
Update on Uzbekistan21 March 2023, Published under Cement NewsCement producers in Uzbekistan have been benefitting from government measures to provide a conducive development environment for the building materials sector. Cement demand has grown rapidly, leading to new plant start-ups, but new capacity and gas shortages are putting pressure on utilisation rates. By Avesta Investment Group, Uzbekistan. The rising importance of Uzbekistan's construction industry has meant that local cement producers are benefitting from government measures to s... |
Taiwan's sustainability strides06 March 2023, Published under Cement NewsSupported by a well-developed economy and good infrastructure, Taiwan's cement market has reached a relatively mature stage. As domestic producers face headwinds including overcapacity, rising cement imports and higher energy costs, the cement sector has also been turning its attention to carbon neutrality and building a sustainable industry. by Taiwan Cement Manufacturers' Association, Taiwan. Taiwan Cement Corp is the country's leading cement producer, with operations including t... |