Cement News tagged under: market reports
China succumbs to normality04 March 2015, Published under Cement NewsWith the gradual drop in China’s GDP growth to lower-single figures it has been argued that normality has returned to the world’s second-biggest economy. The cement sector has certainly responded by reeling in excess capacity as well as prioritising operational efficiency and higher environmental standards as the government pushes forward industrial reform. ICR looks forward to meeting delegates attending CEMENTTECH 2015 in Beijing, China on 27-29 April 2015 While the Chin... |
UAE: changing fortunes02 February 2015, Published under Cement NewsThe changing fortunes of the UAE, as it prepares to host Expo 2020 in Dubai, expands its infrastructure and addresses housing requirements, are envisaged to bump up domestic demand in the coming years. Meanwhile, exports have provided significant relief to local producers during recent years of scaled-back demand. The UAE’s construction sector is returning to form, with a number of major megaprojects in the pipeline and the ramping up of social infrastructure spend. Prestigious, la... |
Algeria’s expansion drive19 January 2015, Published under Cement NewsAs cement demand rapidly increases across north Africa, Algeria leads the region’s drive to increase its cement production capacity. Supported by an active housing and infrastructure construction sector, domestic cement demand is expected to remain high, offering plenty of opportunity for existing and new cement plants. Algeria’s housing shortage and a need for infrastructural development is expected to ensure a continued buoyant domestic cement market Algeria’s economy is on... |
A brightening global outlook06 January 2015, Published under Cement NewsThe construction outlook for the world is brightening. The average global growth (ex-China) should be better in 2015 1 compared to the previous year and the outlook for 2016 is better still. By Yuri Serov, Morgan Stanley, UK. Improving prospects for global demand growth in 2015, with an acceleration of consumption in five key markets The year 2014 marked a low point in global construction expansion. After an immediate bounce following the Great Recession, global construction gr... |
India: a new dawn arises17 December 2014, Published under Cement NewsAfter five long years of limited demand growth, India’s cement producers are poised to make the most of the domestic market recovery underway. There have also been cement pricing improvements which are expected to lead to better profitability. While regional variations exist in terms of supply and demand as well as on the pricing front, a generally more positive mood now prevails. An improved demand outlook is on the horizon for the Indian cement industry with growth of almost nine... |
Mongolia on the move03 December 2014, Published under Cement NewsTo ensure an increasing domestic supply of the rapidly-expanding Mongolian cement market, existing producers are expanding and modernising their production base and new players are entering the market. In a transformation process not seen in the past three decades, Mongolia’s cement industry is clearly going places. Mongolian ALT (MAK) is building a 1Mta cement works at Khukh Tsav, Dalanjargalan district, Dornogovi While Mongolia remains among the world’s fastest-growing economi... |
Africa's grey gold24 November 2014, Published under Cement NewsAs investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear on the back foot, new entrants are keen to gain a foothold in the market and expand their operations in this increasingly-competitive market. By T Hadley, Baobab Advisory sarl, France. Figure 1: per capita cement consumption vs per capita GDP, 1995-2014 Africa’s cement consumption has d... |
East Africa rises05 November 2014, Published under Cement NewsEast Africa’s cement demand continues to rise as infrastructure and housing needs provide the basis for future consumption. While cement capacity investments continue, a shift in the make-up of ownership is being seen as local companies take up a more prominent position. By Francis Mwangi, Standard Investment Bank Ltd, Kenya. The emerging East African market is characterised by new capacities, growing exports and growing consumption trends Over the past decade, the east African ... |
Building despite uncertainty24 October 2014, Published under Cement NewsWhile economic growth in the CIS has slowed in recent years, partly due to a cooling Russian economy, many of its cement producers can look forward to an improving operating environment as the region’s resources are put to profitable use and governments invest in extensive housing and infrastructure programmes. Odessa, Ukraine In 2014 the CIS is home to 285m people, with over half of its ethnically-varied population living in Russia, a further 15 per cent in Ukraine, 10.8 per ce... |
Germany: cautious optimism01 October 2014, Published under Cement NewsAfter a slip in cement consumption in 2013, the first seven months of 2014 saw cement sales in Germany rebound 7.6 per cent as the housing sector in particular delivered a strong performance. The demand for infrastructure gives reason for some optimism going forward, but subdued economic growth and rising house prices could check cement demand. The German capital Berlin continues to see construction cranes as the city regenerates The German economy grew by 2.7 per cent in 2013,... |