Cement News tagged under: outlook
Pakistan’s gateway to expansion17 December 2018, Published under Cement NewsWith a newly-elected President, strong housing demand and infrastructure investment flowing in from China, Pakistan is at the gateway to a new beginning. The cement sector is thriving, rapidly adding new capacity and enjoying stellar demand growth. However, the continuing pace of investment could risk oversupply if demand expectations are not met. Anticipating considerable growth in demand thanks to housing programmes and large-scale infrastructure projects, the Pakistani cement in... |
Fit for the future10 December 2018, Published under Cement NewsWith US$18bn invested over the past 10 years, the cement industry in the Eurasian Economic Union (EEU) countries has already addressed major challenges in terms of energy efficiency and sustainability. ICR speaks with Mikhail Skorokhod, chairman of cement producers’ association SoyuzCement and president of Eurocement Group, to find out what further lies ahead for the EEU cement industry. Mikhail Skorokhod, chairman of SoyuzCement and president of Eurocement ICR: Can you tell us... |
Jordan: seeking opportunities21 November 2018, Published under Cement NewsIn an interview with Khaled Huraibat, chairman of the Jordan Cement Producers’ Association, ICR finds out more about the latest developments in the country’s cement sector ahead of the 23rd AICCE, which takes place between 20-22 November in Amman, Jordan. Mr Huraibat highlights the challenges for the cement sector and provides his view on possible solutions. Khaled Huraibat, chairman of the Jordan Cement Producers’ Association ICR: The IMF has forecast economic growth of 2.5 pe... |
India’s changing trajectory07 November 2018, Published under Cement NewsAfter a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profitability of the major producers. Furthermore, the country’s capacity utilisation is at risk as new investments may push the supply-demand imbalance further. Mumbai is expected to benefit from several large-scale infrastructure projects, including a US$2.4bn airport and a new INR180bn Trans-Harbour Link bridg... |
FLSmidth reports 71% order increase in 3Q1807 November 2018, Published under Cement NewsFLSmidth has released its interim 3Q18 report and recorded a 71 per cent order increase to DKK7.164bn (US$1.102bn), on the back of two large cement plant orders in Central America at a combined value of DKK1.9bn. This brought the order backlog to DKK17.2bn, the highest level in three years. "It makes us proud each time a customer selects us to deliver and install mission critical equipment or grants FLSmidth an important service contract to enhance productivity. At the same time, our stron... |
Turkey’s overseas view18 October 2018, Published under Cement NewsThe Turkish cement industry has seen its export volumes rise from year on year, making it Europe’s largest cement exporter and the third-largest in the global rankings. Key exporters include Batiçim, Nuh Cement and Medcem, all of whom benefit from well-equipped export operations in strategic locations. By Turkish Cement Exporters’ Association, Turkey. Turkey’s surplus capacity has enabled the country to build an extensive export base Turkey’s total domestic cement sales reached ... |
Europe’s positive prospects24 September 2018, Published under Cement NewsPolitical developments across Europe have created considerable market uncertainty, due to potential policy changes unsettling the construction market. However, prospects for the region look widely positive as the majority of leading countries continue to recover. ICR considers the current state of the European cement industry. Germany’s housing sector is expected to be the key in driving construction demand in Europe’s largest cement market Europe’s economy is showing modest but... |
Ready to rise again?20 August 2018, Published under Cement NewsFollowing the country’s recent presidential election, the economy of South Africa has returned to positive growth. ICR looks at the impact this has had on its highly-competitive cement industry and how other factors such as overcapacity mean that it remains a challenging environment for producers. Cement consumption in South Africa is set to stabilise following the recent political developments The election of Cyril Ramaphosa as the South African president following the resigna... |
India: fast forward30 July 2018, Published under Cement NewsIndia’s 425Mta cement industry, now in its 104th year of existence, plays a pivotal role not only in the country’s growth but also on the global stage. With an output of 280Mta in 2017, it is the world’s second-largest producer and supplies the second-most populous country. How does it view its future? By Ashutosh Saxena, National Council for Cement and Building Materials, India. The NCB’s Acting Director General, Ashutosh Saxena, highlights the positive expectations for the Indian ce... |
Embracing a new world25 July 2018, Published under Cement NewsJan Kjærsgaard, recently appointed as FLSmidth’s Cement President, shares his views on the challenges and opportunities facing the cement production industry. He discusses how FLSmidth is taking bold steps to help the industry address some of the most pressing issues, highlighting the need for greater simplicity, more focus on the full lifecycle, and embracing the inevitability of digital. Jan Kjærsgaard, FLSmidth’s recently-appointed Cement President, shares his views ICR: Wha... |