Cement News tagged under: market reports
Egypt's juggling act14 November 2017, Published under Cement NewsDespite the Egyptian government’s focus on infrastructure investment, the country’s cement producers have had a difficult year so far with energy prices rocketing, competition intensifying and a currency crisis playing havoc with prices. Many are investing in their energy mix as a way of protecting their market share and margins going forward. In Cairo, old and new coexist while ambitious plans are afoot to build a US$25bn New Administrative Capital, 45km east of Cairo, by 2022.... |
India: glimmers of hope26 October 2017, Published under Cement NewsThe Indian cement sector appears to have shrugged off the impact of demonetisation but 1QFY18 figures suggest recovery will be slow. However, confidence is starting to build on the back of a pick-up in demand from rural and semi-urban regions, while pricing improvements have led to improved profitability for the country’s leading producers. Will the glimmers of improvement starting to be seen translate into a better year for the Indian cement sector? With the effect of demonetis... |
Turkey's time for growth11 October 2017, Published under Cement NewsTurkish cement producers faced a challenging year in 2016 as geopolitical and domestic events impacted on the country’s economy. However, domestic cement demand potential remains sound and going forward, relatively modest growth is expected as the government invests in public housing and infrastructure to support its growing population. By Turkish Cement Manufacturers’ Association (TÇMB), Turkey. Government investment in infrastructure and housing is expected to support Turkey’s ceme... |
Germany's wave of success02 October 2017, Published under Cement NewsWith the German economy continuing its growth trend, these are good times for the country’s many cement producers. Housebuilding dominates demand as the population rises and construction investment remains strong. There are signs of consolidation among some producers, while others invest to satisfy improving consumption levels. Domestic deliveries by Germany’s cement producers are expected to continue to rise in 2017 with further potential growth in housebuilding and infrastructure... |
Signs of improvement27 September 2017, Published under Cement NewsFollowing an abrupt fall in 2009 and a continued decline in subsequent years, the central European cement market picked up in 2014 and has since shown a modest but stable expansion in recent years. However, while prospects are positive, it is expected that cement producers will continue to focus their investment on improving production efficiency and their environmental record rather than expanding capacity. Central Europe continues to recover after its 2013 nadir and prospects are la... |
East Africa: time to shine?04 September 2017, Published under Cement NewsEast Africa’s future appears significantly brighter as economic growth accelerates following the recent challenging years. Increased construction demand is expected to fuel cement consumption and producers are gearing up for sustained market growth. However, competition is set to increase as new entrants claim their market share. By Francis Mwangi, Standard Investment Bank, Kenya. Fuelled by a need for infrastructure and houses, increased construction demand in places such as Nairo... |
Open for business29 August 2017, Published under Cement NewsSouth America has been hit by the global economic slowdown, although some countries are showing signs of recovery. Much of the region has a huge infrastructure gap to close, leading to the arrival of a number of new foreign players to the region’s cement market and numerous capacity expansion projects at existing facilities. Following subdued economic growth, most South American countries are seeing an improvement in their fortunes, although for some, such as Chile, a recovery may... |
Cemex leads the Caribbean21 August 2017, Published under Cement NewsWith varying levels of economic growth across the region and reliant on overseas investment and trade with the UK and USA, these are uncertain times for the Caribbean. As a new player emerges in the regional cement market and prices fall, existing producers such as Cemex and Argos are strengthening their hand. The Dominican Republic is the hub of Caribbean cement production with over 7Mta of capacity Economic activity in the Caribbean eased in 2016 with growth dropping to 3.43 ... |
After the perfect storm18 July 2017, Published under Cement NewsSluggish cement demand and oversupply have led to slow sales and low prices in South Africa. The cement sector’s low profit margins have not deterred new entrants with state-of-the-art plants providing plenty of competition for existing players despite lower imports. However, after this perfect storm, a new landscape is emerging. By ICR Research, UK and Electus, South Africa. South Africa’s cement industry has recently lived through turbulent times but can look forward to an improv... |
Asia prepares for new capacity05 July 2017, Published under Cement NewsAs ICR rounds up the latest capacity projects from around the world in its July 2017 issue, CemNet focusses on cement plants currently under construction and recently-announced projects in Asia as it prepares for Cemtech Asia 2017, which will take place 9-12 July in the Shangri-La Hotel, Singapore. Producers in South Asia are continuing to expand their production base, with activity in Indonesia still strong. Pictured is Semen Indonesia’s Rembang plant under construction, courtesy... |