Cement News tagged under: market reports
Indonesia: shift to optimism25 January 2016, Published under Cement NewsWhile the Indonesian cement market boomed following the 1997-98 financial crisis, the domestic cement industry has undergone considerable changes as international majors moved in. Following the recent LafargeHolcim merger and the move away from Java’s epicentre in terms of capacity building, Indonesia’s cement industry continues to evolve as it looks forward with optimism to accelerating market growth. By Malcolm AR Llewellyn OBE, PT Numada, Indonesia. Increased competition on Java i... |
Subdued demand recovery outlook after 2015 nadir06 January 2016, Published under Cement NewsWhile global cement consumption in 2015 contracted, cement producers can look forward in 2016 to modest gains in demand, but the scenario remains mixed with higher demand unable to raise low capacity utilisation and cement pricing power. By John Fraser-Andrews, HSBC, UK. The year 2015 looks set to mark the first reduction in global cement consumption since 1990 (see Table 1), with HSBC forecasting a five per cent contraction in China (which accounts for over 70 per cent of global demand) ... |
Nigeria's long-term viability23 December 2015, Published under Cement NewsDespite short-term macroeconomic challenges, Nigeria’s demand for cement is expected to expand significantly in the longer term. Investments in infrastructure, population growth and private-sector led initiatives are all expected to drive growth going forward, spurring domestic producers to invest heavily in new cement production capacity. By Damilola Lawal, CardinalStone Partners Ltd, Nigeria. Dangote Cement plant, Obajana, Kogi state, Nigeria Nigeria has undergone a dramatic r... |
Trading places21 December 2015, Published under Cement NewsThe Caribbean and central America region is a significant trading hub and for some cement producers active in the region it is of considerable strategic importance. In this report ICR provides an overview of major traders, supply-demand volume trends and developments in the region. An overview of Caribbean and Central American trading The Caribbean is by far the most active area in Latin America in terms of cement and clinker trade and distribution. It has more than twice the nu... |
US Southeast's comeback story07 December 2015, Published under Cement NewsCement demand in the US Southeast (ie, Florida plus the ‘Piedmont’ states of Alabama, Georgia, Tennessee and North and South Carolina) was hard hit by the Great Recession. Since the 2010 trough, demand recovery in the region has been the strongest among the five US divisions but remains volatile and well below previous highs. Nevertheless, long-term prospects are better than average. By Rob Roy, ROI Consulting, USA. Cemtech Conferences & Exhibitions looks forward to welcoming delega... |
India: waiting for the party23 November 2015, Published under Cement NewsMore than a year after the electoral victory of the Bhartiya Janata Party (BJP), expectations for higher cement demand growth rates still have not been met. Growth in the current fiscal year is forecast to be on a par with last year, but the latest data indicate signs of a positive change together with an expected uptake in the much-anticipated government infrastructure spend. Will India’s new, BJP-led government deliver on promises of better times ahead? So far this decade, Ind... |
Egypt's new-found energy09 November 2015, Published under Cement NewsFollowing its successful navigation of turbulent social and political waters, the Egyptian cement industry has more recently had to face the challenge of overcoming gas shortages and a phase-out of power subsidies. Diversifying energy and power sources has now become a key priority as producers look to secure supplies, stabilise production and serve growing demand. By Shady Sharaf, Aboubakr Emam, CFA & Kamal El-Sheikh, Cairo Financial Holding, Egypt. Arabian Cement Co converted its pl... |
Germany's housing benefits26 October 2015, Published under Cement NewsFollowing last year’s recovery in German cement demand, a subdued start to 2015 means growth is likely to peter out. Housebuilding continues to recover from a low base, but the outlook for industrial construction appears downbeat. On the corporate front, M&A activity and asset swaps by European majors have led to some German plants now being under new management. German housing continues its recovery and increases its share of German construction activity The German economy grew... |
Turkey: playing the long game05 October 2015, Published under Cement NewsDespite a weak start to 2015, the blip in Turkish cement demand is likely to be relatively short-lived. Although continued political and hence, economic uncertainty are expected to impact near-term cement consumption, the longer-term forecast is much more positive. Large-scale infrastructure developments and a revival in housing projects are the main factors behind these attractive future growth prospects. By Cem Emre Bilgin, Garanti Securities, Turkey. International Cement Review loo... |
Spain: rising from the recession07 September 2015, Published under Cement NewsAs Spain’s economy starts to recover from the recession, domestic cement demand finally appears to be picking up after six consecutive years of contraction since 2008. So deep was the downturn that demand remains at historically low levels, but the long-awaited upturn witnessed in 2014 should mark the start of a gradual rebound in volumes. As Spain emerges from economic recession, the cement sector can look forward to a slow, but upward path to sustainable cement demand Spain... |