Cement News tagged under: market reports
Europe: invest, divest, assess27 September 2021, Published under Cement NewsICR looks at how economies have fared across western, central and eastern Europe over 2020-21, and what action Europe’s leading cement producers are taking to not only recover from the pandemic but also prepare for the challenges that still lie ahead as emissions regulations tighten and the need for leaner, greener production ramps up. Investing in low-carbon technology, carbon neutrality and portfolio assessment are the key themes going forward for cement producers in the European... |
Pakistan’s promising prospects21 September 2021, Published under Cement NewsPakistan’s cement sector performed very well in the FY21, supported by government policies to assist construction activity in the wake of the COVID-19 crisis. Going forward local demand is expected to remain robust, giving rise to new capacity enhancements. Improved pricing power also bodes well for producers in terms of enhanced profitability. By The Pakistan Credit Rating Agency Ltd, Pakistan. Economic growth and government spending on development projects are the main drivers of ce... |
Poland: a pause on growth13 September 2021, Published under Cement NewsThe Polish cement market was only moderately affected by COVID-19 in 2020, but as the pandemic played out, the impact was felt most deeply in the 1Q21. An expected rebound in the latter half of 2021 is unlikely to make up for lost ground and therefore cement demand growth is forecast to pause before gaining momentum again in 2022. By Bozena Sroda, Polish Cement Association, Poland. The Polish Cement Association provides an overview of the impact of COVID-19 on the domestic construc... |
India’s recovery derailed?07 September 2021, Published under Cement NewsIndia’s 550Mta cement sector had hardly emerged from the impact of the first wave of COVID-19 when a second, more devastating wave dented future growth prospects. Initial estimates have projected a double-digit advance in cement demand for FY21-22, but this level of growth should be viewed against a low comparison base. As the underlying demand scenario remains weak, the outlook for the country’s cement sector appears uncertain from a near-to mid-term perspective. The second wave of t... |
CO2: risk and opportunity for the global cement industry06 September 2021, Published under Cement NewsCement is at the forefront of the fight against climate change. Rather than succumb to the doom-mongers, we see this as a golden opportunity for the industry to embrace the decarbonisation challenge, contribute to society and improve returns into the bargain. It will take time and money, but the solutions are out there for innovative leaders to prosper in a net zero world. By Paul Roger, Exane BNP Paribas, UK. Figure 1: over 30 jurisdictions have already introduced carbon taxes ... |
Peruvian cement prospects19 August 2021, Published under Cement NewsPeru’s domestic cement market has been showing signs of recovery since the onset of COVID-19 and the local cement sector played an important role in helping to cushion the effects of the pandemic. The country’s cement association, Asocem, provides an overview of recent industry trends amid challenging times and prospects for continued recovery. By Asocem, Peru. The cement industry in Peru has been investing in reducing the environmental impact of operations. Changes in energy usage... |
Brazil: striking the right balance02 August 2021, Published under Cement NewsThe Brazilian cement industry has contributed greatly to the country’s development, providing high-quality products in line with demanding sustainability requirements. As the industry adjusts to the impact of COVID-19, producers continue to seek the balance between higher production, maintaining quality and reducing emissions even further. By Sindicato Nacional da Indústria do Cimento (SNIC), Brazil. Brazilian cement association SNIC provides an overview of the domestic cement sector ... |
South Korea’s shift to neutral20 July 2021, Published under Cement NewsThe rapid capacity build-up of South Korea’s cement industry over the 1980s-1990s came to a sudden end in 1997. Since then the sector has shifted its investment focus to the sustainable production of cement, supported by the government’s drive towards carbon neutrality by 2050. By Korean Cement Association, South Korea. If South Korea’s government maintains its economic stimulus policy and announces construction-friendly real estate policies, cement demand is forecast to reach more... |
Can Mexico’s fiesta continue?05 July 2021, Published under Cement NewsDespite initial concerns that Mexican cement demand would see a sharp contraction in 2020 due to the COVID-19 pandemic, domestic consumption held up better than expected through the year. The early signs for 2021 are encouraging but, with a rollercoaster of expectations ahead, Credit Suisse asks how long can Mexico’s fiesta last? By Vanessa Quiroga, Credit Suisse, Mexico. Going forward, the picture for Mexican cement demand, exports and utilisation levels is promising. The outlook ... |
Vietnam’s export boost22 June 2021, Published under Cement NewsVietnam’s total cement and clinker sales expanded by 0.9 per cent YoY in 2020 to 97.5Mt, according to FiinGroup. Of this total, domestic cement consumption was 62.1Mt, declining by 5.6 per cent YoY. Meanwhile, clinker and, in particular, cement exports remained strong, surging by 14.9 per cent compared to a year earlier. Both the positive long-term outlook for Vietnam’s cement market as well as the ability to export to overseas destinations bode well for domestic cement ma... |