Cement News tagged under: cement consumption
India: adjusting to new times07 April 2014, Published under Cement NewsThe 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... |
Dangote’s South African entry07 April 2014, Published under Cement NewsSouth Africa’s cement producers are looking forward to continued growth as the government develops the country’s infrastructure and expands its residential sector. Against this background, Dangote’s Cement expects a positive start-up for two new cement facilities under its Sephaku Cement venture, one of which was has recently entered official production and the other is due for commissioning in mid-2014. By DVG Edwin & Peter Fourie, Dangote Cement, South Africa. Dangote’s entry into S... |
Peru's cement market at a glance09 December 2013, Published under Cement NewsPeru is currently home to one of the world’s fastest-growing cement markets. Solid economic development has been supported by successful mining and construction sectors which have been the primary engines of growth. Peru's construction sector has been one of the country's primary engines of economic growth Table 1 shows domestic consumption trends over the 2006-12 period. In terms of the geographical breakdown of demand, the central region (including Lima) accounts for 56 ... |
Vietnam’s balancing act04 December 2013, Published under Cement NewsThe economic slowdown and the real estate bubble in Vietnam have resulted in a sharp decrease in cement demand in the past few years and an oversupply is envisaged in the years to come. However, the overall surplus situation barely scratches the surface, as balancing regional supply and shortages poses a far more complicated issue that must quickly be addressed. By Huong Thieu and Duy Nguyen, StoxPlus Corp, Vietnam. While the north and central Vietnam faces a surplus cement supply sce... |
US cement consumption expected to climb 8% in 201422 November 2013, Published under Cement NewsAnxious US consumers are likely to be waiting on Congress to decide how much more debt the country can take on before the recovery can really take shape and push construction forward. The Portland Cement Association (PCA) has likened the debt ceiling talks, which resume early next year, to a critical moment of confidence for US citizens. "American consumers love drama. Moreover, Congress knows how to create it, with more on the way when the debt ceiling talks resume in early in 2014," said... |
Swiss cement deliveries up 3.4% in 3Q1304 October 2013, Published under Cement NewsSwiss cement producers increased their domestic deliveries (including Liechtenstein) by 3.4 per cent in the third quarter of 2013, according to Cemsuisse, the country's cement association. some 1,285,289t of cement were sold to local customers. The rise has been attributed mainly to large projects which accounted for three-quarters of cement sales. In the first nine months of the year, dispatches expanded 2.7 per cent YoY to reach 3,392,563t and Cemsuisse expects total year-end deliveries... |
Moroccan cement sales continue to slide02 October 2013, Published under Cement NewsThe recent declining trend in Moroccan cement demand persisted in August, when the market contracted by 10.2 per cent. During Jan-Jul 2013, cement consumption fell 11.7 per cent due to harsh winter weather characterised by heavy rainfall, according to the country’s finance ministry. Cement companies produces 22Mt during the seven-month period but were only able to sell 16Mt. |
Indonesia’s October cement sales up 10.7%20 November 2012, Published under Cement NewsCement sales in Indonesia rose 10.7% YoY in October with the highest growth in the Moluccas and on Papua. October sales in the areas stood at 87,316t, representing a 68.5% hike on the previous year, according to data from PT Semen Gresik Tbk. Consumption increased 0.1% to 5.17Mt in October MoM with the highest demand on Java. Growth was supported by buoyant domestic demand and increasing investment. Thailand’s top industrial group, Siam Cement plc, announced plans to spend THB11bn (US$358... |