Cement News tagged under: market reports
Sailing through high seas06 August 2019, Published under Cement NewsPakistan’s cement producers are sailing through high tides as domestic demand succumbs to macroeconomic pressures, manufacturing costs rise and utilisation levels look set to weaken with the addition of new capacities. Exports are providing a much-needed cushion, as is the shift towards reducing costs and improving operational efficiencies. By Syeda Humaira Akhtar, BMA Capital Management Ltd, Pakistan. Against a backdrop of lower domestic demand and higher production costs, Pakistan p... |
Nepal: the road to exports22 July 2019, Published under Cement NewsWhile cement demand in Nepal is forecast to show significant expansion in the future, the rapid build-up of production capacity is outstripping future domestic consumption growth. Therefore, Nepali cement producers are expected to increasingly address the challenge of exporting their products further afield. By Dhruba Thapa, Cement Manufacturers’ Association, Nepal. The Nepali government is embarking on a major urbanisation programme as well as road construction and large-scale irr... |
Iran: supporting growth01 July 2019, Published under Cement NewsFollowing rapid growth Iran’s cement capacity is forecast to reach 100Mta by 2021 and 120Mta by the end of the country’s 20-Year Vision Plan in 2025. Key infrastructure and housing projects as well as new export markets are expected to provide the demand required to support the continued expansion of the domestic cement industry. By Hamid Reza Tajik, ICEM Co, Iran. Iran’s cement industry has rapidly expanded in recent decades and is on course to support the country’s 20-Year Vision... |
Mediterranean fuel challenges19 June 2019, Published under Cement NewsMediterranean cement producers have become an established demand hub for coal and petcoke in recent years, capitalising on price opportunities and seeking diversity in fuel sourcing. But the sector now faces a series of new challenges that may affect solid fuel purchases in the near future. By Argus Media Ltd, UK Figure 1: Turkey’s monthly solid fuel imports, June 2014-December 2018 Cement makers in Turkey, southern Europe and north Africa are expected to reduce their solid fuel... |
Southeast Asia: tough times – consolidation ahead?17 June 2019, Published under Cement NewsAs Western giants are exiting the southeast Asian cement market, a new wave of consolidation, this time by local companies, is taking place. By Manas Tamotia, LEK Consulting, Singapore China’s Sinoma International Engineering Co Ltd is adding 10,000tpd of cement capacity to PT Cemindo Gemilang’s production base at the Bayah plant in Banten province, Indonesia As inflexible Western giants continue to withdraw from their positions in southeast Asia, the region’s cement market i... |
The petcoke challenge14 June 2019, Published under Cement NewsAs it consolidates its position as an established and reliable energy source, the petcoke industry is predicted to face several challenges. The decarbonisation of the European and other economies, new marine legislation, the evolving demand-and-supply balance and pressure on petcoke prices are expected to impact its suitability as a fuel in cement plants worldwide. By Oscar Pazos Buxo, Repsol, Spain. Figure 1: energy balance of traded fuels (oil, gas and coal) Petcoke is a produ... |
Aggregates in growth mode04 June 2019, Published under Cement NewsThe scale and dynamics of the aggregates industry are often poorly understood. Now, thanks to the Global Aggregates Information Network (GAIN™), better macro-data is available, which points to a maturing global industry, poised for significant growth in the coming decade. Consequently, aggregates may provide an attractive and complementary new investment horizon for players in the cement industry. By Jim O’Brien, GAIN, Ireland. Participants from six continents at the most recent GAIN ... |
Kenya’s cement conundrum03 June 2019, Published under Cement NewsWhile recent times have seen the Kenya cement industry expand and new players arrive, the sector now faces a conundrum. While economic and construction forecasts indicate sound cement demand going forward, cement overcapacity has led to price pressures that show no sign of abating and which are affecting the bottom line of market players. A wave of industry consolidation in the short- to medium term cannot be ruled out. By Lisa Kimathi, Standard Investment Bank, Kenya. Despite forecas... |
Time for a Brazilian adventure?28 May 2019, Published under Cement NewsFollowing the entry of Titan Cement into Brazil in 2016, fellow multinational cement producers Vicat and Buzzi Unicem have recently stepped into the local cement market despite the country’s falling cement demand last year. Others may follow this trail if Brazil’s cement market shows further signs of growth in 2019, but timing will be key. While cement demand declined in 2018, forecasts for 2019 indicate better times ahead Brazil remains one of the largest cement markets in the ... |
India’s return to stability22 May 2019, Published under Cement NewsWhile India’s cement consumption saw a strong double-digit advance in 2018, such rates are unlikely to be sustainable and expectations are that consumption growth will moderate to more stable levels in 2019. Gradual improvements in capacity utilisation rates and input costs are also on the cards, while the outlook for prices still remains unclear despite an upswing in some regions at the start of this year. The Indian market is expected to moderate to more stable levels of growth in 2... |