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SE Asia towards oversupply?

20 June 2016, Published under Cement News

The southeast Asian cement market has seen rapid demand growth in recent years. Backed by favourable macroeconomic trends, it is likely to remain one of the fastest-growing cement markets. Many cement producers, both local and international, performed very well in this region and are keen to expand their existing capacity, while for others entering these enticing markets has become a priority. By The Jakarta Advisory Group, Indonesia. Fast-growing southeast Asian markets are attractin...

Vietnam's new Master Plan

13 June 2016, Published under Cement News

Vietnam is having to rebalance its cement output with expected market demand. While there have been limitations on the creation of new plants, there is now strong evidence for the government to encourage the construction of larger plants while phasing out the less economical smaller units. By Hai Khieu, StoxPlus, Vietnam. Vietnam is seeking to rebalance its cement and clinker supply to demand. This could take a decade to implement, says StoxPlus The overheated expansion of Vi...

The Mediterranean and beyond

25 May 2016, Published under Cement News

The Mediterranean has always played a vital role in the world economy and international trade. In recent years its bordering countries have been affected by turmoil caused by various factors: the economic crisis, a fall in oil prices, increasing migration and Islamisation, political instability and wars. This uncertainty has affected construction investment and regional cement demand. For Mediterranean cement producers this has meant a need to find new markets and look beyond the usual horiz...

Global headwinds hinder US

03 May 2016, Published under Cement News

There is plenty of reason for optimism in the United States as its economy is making progress, underpinned by sound job creation, low inflation and healthy consumer sentiment. However, it is not immune from the wider global forces, and weak oil prices will impact cement consumption growth. In this market update, the PCA presents its revised forecast for the period up to 2020. By Ed Sullivan, Portland Cement Association, USA. Oil prices remain under pressure The current economic ...

Can China bounce back?

28 April 2016, Published under Cement News

Ahead of the 17th China International Cement Industry Exhibition, which is due to take place in Nanjing, China, on 12-14 May 2016, this article presents an update on important recent developments in terms of domestic cement consumption trends and the pricing environment. Efforts to cut excessive capacity and promote industry consolidation also remain central themes. By Addison Dai, DBS Vickers, Hong Kong. Nanjing will be the setting for the 17th China International Cement Industry Ex...

Iran: a new era?

14 April 2016, Published under Cement News

With a cement capacity of just over 80Mta, Iran ranks as one of the world's largest cement producers and its leading cement exporter. The country has made significant strides to adopt international quality standards and diversify into a range of cement types, partly encouraged by market demands and partly by the drive for more sustainable cement production. By Hamid Reza Tajik, ISIRI in ISO/TC74, Iran. The world’s largest cement exporter, Iran enters a new era as it emerges from inter...

Russia: waiting for a thaw

29 March 2016, Published under Cement News

In the face of considerable economic headwinds, Russia’s construction industry has seen its growth decelerate as public and private investors cut back on spending. Russia’s cement demand freeze is not expected to thaw in the next few years and given recent upgrades, substantial overcapacity appears to be just around the corner. By Vitalie Iambla, PMR. A review of recent trends in Russian construction activity and the impact on the domestic cement sector In recent years the Russi...

Philippines: redefining the future?

07 March 2016, Published under Cement News

With preparations in full swing for Cemtech Asia 2016, to be held in Manila, Philippines, in June, ICR provides an update on recent activity in this thriving market. Cement sales demonstrated another strong performance in 2015 and expectations are for the positive trend to continue. Meanwhile, the creation of LafargeHolcim has redefined the production base, giving rise to the entry of another multinational onto the local cement scene.  By ICR Research, UK. Robust economic growth in th...

Kenya's capacity drive

23 February 2016, Published under Cement News

Kenya's cement consumption is expected to increase on the back of planned investment in infrastructure and housing and domestic cement capacity is able to meet these requirements. The country’s existing producers are expressing their confidence in the future by expanding their production facilities, positioning themselves to fight off competition by new entrants and imports. Bamburi Cement, part of LafargeHolcim, operates a 1Mta grinding plant at Athi River, near the Kenyan capital of...

GCC: long-term development

08 February 2016, Published under Cement News

The Gulf Cooperation Council (GCC) region has seen unprecedented cement demand in several countries in recent years and this has prompted new capacity projects, in Qatar and Saudi Arabia in particular. Sliding oil prices have slowed construction investment, but cement producers remain confident in spite of the challenges ahead. The GCC region can look forward to significant cement market growth in the medium- to long term but first faces several challenges in terms of looming overc...