Cement News tagged under: market reports
China: ready for a new era?23 March 2012, Published under Cement NewsThe 13th China International Cement Industry Exhibition and Cement Conference 2012, which takes place between 28-30 March, is an opportunity for a full gathering of Chinese government officials and industry experts to discuss the state of the country’s cement sector. ICR will be in attendance and is keen to hear what might be expected in the next phase of China’s development. Although construction continues to grow, cement producers are expected to see competition for markets intensif... |
Turkey prevails with expansion06 February 2012, Published under Cement NewsThe Turkish cement market is fascinating for its fragmented setup, its attraction for international producers and its phenomenal export record. In the past decade, it has seen unprecedented capacity growth and with the government now keen to improve the country’s hydroelectric power potential and reconstruction of earthquake-affected areas, the cement market is still buoyant. Guney Arik of Oyak Cement Group, Turkey, looks at some of the key issues affecting the Turkish cement industry. ... |
Yemen: finding its feet31 January 2012, Published under Cement NewsYemen’s cement market is relatively young in terms of private company participation, but state-run factories have been actively supplying cement for almost 30 years. In the last three years new cement plants have been established and the country is looking to increase production with the assistance of outside expertise and state-of-the-art technology. Mohamed Dirhem Abdo Saeed of National Cement Company, Yemen, reports. Historically, cement demand in Yemen has always been higher t... |
UAE: survival of the fittest30 January 2012, Published under Cement NewsThe property and construction sector slowdown continues to impact on UAE cement producers, driving utilisation levels and prices down when production capacity has increased to over 40Mt – well in excess of the 12Mta market demand. Lately, margins have been further squeezed as operating costs rise. Meanwhile, rumours abound that various plants have been put up for sale, perhaps signalling a turning point for this beleaguered market. The UAE‘s cement sector has experienced some of the ... |
Bangladesh set for a boom27 January 2012, Published under Cement NewsWith its economy growing at a steady pace, and housing and infrastructure offering plenty of construction potential, Bangladeshi cement producers can look forward to the future despite one or two challenges ahead. ICR takes a look at an industry on the move. In recent years, Bangladesh has benefited from steady economic growth. GDP expanded by just under six per cent in 2008-09 and accelerated to 6.4 per cent in 2010. Official estimates put real GDP growth at 6.7 per cent in FY11 (Ju... |
India: first-half overview21 December 2011, Published under Cement NewsLacklustre cement demand continues to take its toll on the Indian sector. First half figures from the current fiscal year (April 2011-March 2012) have proved disappointing as improvements on last year’s growth failed to materialise. As escalating input costs also put pressure on margins, producers wait patiently for a turnaround from the current down-cycle. ICR has been tracking the challenges facing the Indian cement sector and rather than the situation improving, new challenges hav... |
India: caught in a down-cycle06 December 2011, Published under Cement NewsThese are important times for the Indian cement sector as the country’s cement producers see cement sales dip and energy costs squeeze margins. New capacity projects are being delayed as the oversupply situation becomes more apparent and under the current circumstances the industry may have to wait longer than anticipated for a much needed upturn. An overview of key developments in the Indian cement sector ahead of the NCB’s 12th International Seminar on Cement and Building Materia... |
Iraq – open for business22 November 2011, Published under Cement NewsLast September, a delegation of senior ministers from Iraq’s government convened in London for the first Iraq Mining conference. The message they wanted to convey was that Iraq, after decades of war and uncertainty, is now ready for business. The economy is open to foreign investors, security has improved, and the opportunity is there for those who wish to seize it. In this exclusive report, ICR examines the potential for the cement sector in Iraq. Iraq has experienced unimaginable t... |
Florida: the waiting game21 November 2011, Published under Cement NewsAll US economists know where to look for any signs of a recovery in the construction and housing markets – they look to Florida. In the past it has been a profitable state if you are a cement producer, but times have swung around full-circle and Florida’s cement manufacturers now have to play a patient game, waiting for cement demand to raise kiln utilisation rates. Rob Roy, ROI Consulting, reports. Since the 2005 peak, virtually every American state has suffered severely-depressed c... |
Hungary: building on traditions21 November 2011, Published under Cement NewsDemand for cement products as an essential construction material is a representative indicator of economic development and socio-economic “well-being” in Hungary. The Hungarian Cement Association gives a brief overview of recent developments in the country’s cement sector in the context of the nation’s recent economic performance and outlines the key trends going forward. In 2011, GDP growth in Hungary has been weaker than the European average. In the first quarter, the Hungarian eco... |