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India: adjusting to new times

07 April 2014, Published under Cement News

The latest financial updates from some of India’s leading cement producers suggest that the long-awaited revival in higher consumption trends is still some way off. The industry remains weighted under slowing demand growth, concerns over capacity utilisation rates and downward pricing pressures. Sector specialists are now calling for stimulus measures to help draw the market out of its current slowdown and help absorb current capacity and expected new volumes. India’s general election...

Angola: expanding an industry

26 March 2014, Published under Cement News

Since 2002, Angola has been recovering from the wounds left after almost 30 years of civil war. The entire country’s infrastructure was destroyed and had to be rebuilt, creating a huge pressure on cement consumption. The cement industry sector has developed fast and the country is now self-sufficient. By Guilherme Paiva, Cimenfort, Angola & Luis Silva, Nova Cimangola, Angola. Angola’s cement producers, such as Cimenfort pictured here and Nova Cimangola, anticipate further market ex...

China: consolidating supply

17 March 2014, Published under Cement News

China’s cement industry growth is likely to moderate as pressure on local government finances drives a shift away from investment-led growth. Meanwhile, the cement industry faces stricter environmental controls, inefficient capacity elimination and restrictions on new projects. Against this backdrop, consolidation of supply is likely to accelerate. By Ben Hartwright, Standard Chartered Bank, Hong Kong. The 15th China International Cement Industry Exhibition is being held 28-30 April 2...

Global grinding start-ups

04 March 2014, Published under Cement News

ICR seeks out the locations of the new finish-grinding plants and proposed new grinding station projects around the world. Large projects coming on-stream this year include Saudi Cement's new Jizan plant, Sephaku Cement's 1.4Mta Delmas grinding unit in South Africa and UltraTech’s 1.6Mta expansion at Jharsuguda, India. The Christian Pfeiffer mill at Jizan, Saudi Arabia, operates with an OptiTromp separator The need to build grinding plants does not seem to be slowing as producer...

Oman's vision for growth

05 February 2014, Published under Cement News

Oman is currently experiencing a growth spurt, which has been reflected in rising cement demand as public spending on infrastructure and real estate climbs steadily. Domestic producers are beginning to satisfy the market through increases in capacity and the prospects for the industry going forward are very encouraging. By Vijay Sridharan, Gulf Baader Capital Markets, Oman. The Sultanate of Oman is becoming an increasingly popular tourist destination, providing evidence of growth i...

GCC: long-term focus

03 February 2014, Published under Cement News

Global Investment House (GIH) anticipates that cement demand growth in the Gulf Cooperation Council (GCC) region will advance from 4-5 per cent growth in 2013 to 6-7 per cent this year. Investment in new capacity is strong and confidence is returning to markets. So who will be the winners among the cement producers? By Hettish Karmani, Global Investment House,  Kuwait. Cemtech Conferences & Exhibitions looks forward to returning to Dubai for its ninth Middle East & Africa event in ...

Green light factories

21 January 2014, Published under Cement News

The global cement market remains subdued with China moving away from a cyclical peak and India’s fall-off in new capacity additions. Nevertheless, Africa, Russia and the CIS countries are all seeing significant capacity expansion levels. In spite of the slowdown in consumption in Brazil recently, activity levels across Latin America reflect a wider optimism. Vicat Sagar opened its Gulbarga cement plant in January. The facility is to serve the markets of Maharashtra, North Andhra Pr...

Myanmar: a new frontier market

15 January 2014, Published under Cement News

Resource-rich Myanmar is undergoing a dramatic transformation, with massive economic and political reforms heralding a new era for this Southeast Asian nation. A plethora of joint ventures with foreign companies seeking to establish new cement companies reflects the improved investment environment and optimism for this frontier market. By Soe Naing, Kanbawza Industries Ltd, Myanmar & ICR Research. Prospects for Myanmar are good if the country can establish a reliable energy network...

Global cement 2014 outlook

06 January 2014, Published under Cement News

New year, new challenges. As the cement industry looks into 2014, what will the New Year bring? By Yuri Serov, Morgan Stanley, UK. Challenges and outlook for the global cement industry in 2014 The year 2013 was not meant to pan out this way. A year ago most market watchers were looking forward to a year when recovery would entrench itself across the board. Western Europe was the region on which everyone focussed. Sure, in 2012 it produced another large fall under the weight of a...

Bangladesh awaits more funds

23 December 2013, Published under Cement News

Bangladesh’s has a fragmented cement sector with a multitude of independent grinding units, making it one of the most competitive markets in the world. It has no abundant, natural-lying domestic limestone reserves, but there is a wealth of opportunity for cement and clinker importers to establish grinding plants near the main population areas. Bangladesh’s low-lying coastal regions and settlements on river banks are prone to severe flooding as occured in June 2012 Bangladesh ...