Cement News tagged under: market reports
Nigeria comes of age30 May 2012, Published under Cement NewsFew countries in sub-Saharan Africa can hope to see their cement industry growth change so dramatically as in Nigeria, where cement capacity has been rising at a staggering rate. With a huge population estimated at 167m and a low cement per capita, the country has been somewhat groomed for such a rampant development phase and the signs are that by the end of this year or next, it will have a cement surplus to export. By Oluwatosin Ojo, Vetiva Capital Management, Nigeria. Ibese Cement ... |
Ethiopia: future cement strategy23 May 2012, Published under Cement NewsEthiopia has become one of the fastest-growing African economies in recent years. The cement sector has also made significant strides in terms putting an end to its reliance on imports and satisfying local demand. The industry is also set to be a key beneficiary of the government’s Growth and Transfomation Plan which aims to take demand to a higher level. Shimelis Wolde Biru, Ministry of Industry, Ethiopia, reports on the progress in the North African country. One of the most recent a... |
Indonesia's new capacity spree22 May 2012, Published under Cement NewsThis June, Cemtech Conferences & Exhibitions will host its annual Asia event within the glorious setting of the Hotel Mulia, Jakarta, before an audience of dedicated cement professionals eager to learn the latest developments in the Indonesian and wider Asian cement sector. Ahead of the meeting, Andy Lesmana of PT Nomura Indonesia provides an outline of the country’s economy and cement market, which is currently among the busiest in the world. Cemtech looks forward to taking centre-st... |
US cement recovery in sight09 May 2012, Published under Cement NewsAhead of the IEEE-IAS/PCA Technical Cement Conference and Exhibition being held in San Antonio, Texas, 13-17 May, Yuri Serov of Morgan Stanley provides a cogent analysis of the potential for a housing recovery and better cement pricing in the United States with an eventual rigorous rebound in cement consumption starting in 2013, with the country yet again capable of becoming one of the fastest growing cement markets in the world for some time. International Cement Review looks forward... |
Myanmar: building bridges23 April 2012, Published under Cement NewsMyanmar is in political and economic transition. The changes are opening opportunities and it is an important time for cement producers as competition will increase as cement demand rises. However, the need for industrial development is occurring when personal freedoms, the right to protest and environmental matters have also come to the fore. Mandalay is the economic hub of northern Myanmar and the second-largest city after Yangon Myanmar is making significant strides towards a... |
Russian cement reborn16 April 2012, Published under Cement NewsThe Global Cement Report Ninth Edition listed Russia as the world’s seventh-largest cement consuming country. Plant modernisation and regeneration is back on the agenda for the nation’s cement industry. While cement demand has fallen in recent years, it is now increasing and, with a full order book of mega-sized construction projects, Russia’s cement market is climbing back up the consumption league ladder. The resurgence of Russia’s cement sector, as illustrated by Mordov Cement’s ne... |
Out of the doldrums11 April 2012, Published under Cement NewsDespite reports of record cargoes, freight rates continue to decline. The start of February saw the Baltic Dry Index plummet to a 25-year low of 647. The zeal of ship owners to keep shipyards busy in recent years is now catching up as capacity outpaces demand. Freight rates continue to decline as overcapacity outpaces demand Freight rates continue to bump along the bottom since the low of 647 on 3 February. The latest indications, on 22 February, put the Baltic Dry Index (BDI) a... |
Malaysian market acceleration05 April 2012, Published under Cement NewsAs Malaysia prepares to host to the 23rd AFCM Technical Symposium in April, ICR presents an overview of recent activity and prospects for the Southeast Asian nation. This year, the construction market will be underpinned by higher activity in the residential sector and the acceleration of public engineering projects, translating into increased orders for the cement industry once large-scale projects go into full swing. ICR looks forward to meeting delegates at the 23rd AFCM Technical ... |
Mongolia: insights going forward26 March 2012, Published under Cement NewsIn Mongolia, industry has been slow to establish itself in what is a predominantly agrarian society with the herdsman and nomadic lifestyle common to many. However, this situation is changing as the population grows and wealth creation is helping to raise demand for cities and housing, and therefore infrastructure and cement. Ian McInnes reports. Central Asian Cement operates a grinding plant in Ulaanbaataar Mongolia’s economic growth has flourished in recent years. In its late... |
Nordic stability lies ahead24 March 2012, Published under Cement NewsThe Nordic cement markets comprising Sweden, Norway, Finland, Demark, Estonia, Latvia and Lithuania have many modern cement plants operating kilns with some of the highest alternative fuel substitution rates. The region also has a wealth of cement terminals and grinding stations, encouraging strong trade, especially via sea routes. Sweden, Norway and Finland are the three biggest Nordic cement markets, with Denmark a distant fourth in terms of cement demand. The three Baltic countrie... |