Cement News tagged under: Consumption
Nigeria's long-term viability23 December 2015, Published under Cement NewsDespite short-term macroeconomic challenges, Nigeria’s demand for cement is expected to expand significantly in the longer term. Investments in infrastructure, population growth and private-sector led initiatives are all expected to drive growth going forward, spurring domestic producers to invest heavily in new cement production capacity. By Damilola Lawal, CardinalStone Partners Ltd, Nigeria. Dangote Cement plant, Obajana, Kogi state, Nigeria Nigeria has undergone a dramatic r... |
PT Indocement23 December 2015, Published under Cement NewsDomestic cement demand in Indonesia grew by 4.7 per cent in November, compared to the same period last year, according to recent data from the Indonesia Cement Association (ASI). A boost in government spending on infrastructure projects was seen as the driver behind the expansion. This follows the 10.2 per cent increase seen in October this year when sales for the month hit almost 6.5Mt. According to ASI, sales for the year to date including November are 55.6Mt, up by 1.9 per cent on the sam... |
Semen Padang: 2016 Indonesia sales forecast up 6%21 December 2015, Published under Cement NewsCement demand in Indonesia is expected to rise by 5.5-6 per cent in 2016, according to Semen Padang's marketing director, Pudjo Suseno. Sales on the island of Sumatra, where Semen Padang is headquartered, are forecast to advance 16.6 per cent in 2016. In the first 10 months of 2015, dispatches reached 10.4Mt, up 2.3 per cent YoY. Semen Padang also expects to maintain exports at 4-5 per cent of total output in 2016. |
Pakistan exports fall 25% in 5MFY15-1621 December 2015, Published under Cement NewsCement exports from Pakistan have fallen by more than 25 per cent in the first five months of the current fiscal year. Between July and November 2015 cement exports reached 2.56Mt, compared with 3.45Mt in the corresponding period of the previous financial year. Cement plants in the north sold 1.63Mt of exports, down by 25.2 per cent YoY, but dispatched 10.17Mt to domestic market, an increase of 14.6 per cent YoY. In the south, domestic growth was more robust at 21.1 per cent with sales i... |
Optimism returns to US and wider markets18 December 2015, Published under Cement NewsThis week saw the first rise in US interest rates in seven years as the US Federal Reserve signalled its belief that the economy was getting back on its feet and that the financial recovery was gaining momentum. The renewed optimism for the US economy and the prospects for greater cement consumption in the coming year is based on a more vigorous uptake of construction and housing projects. The strength of the recovery is far from certain though and financial markets will need to see contin... |
Peru's cement market contracts 4.8% in November16 December 2015, Published under Cement NewsCement dispatches in Peru fell 4.8 per cent YoY in November 2015, according to Asocem, the country’s cement association. Some 0.884Mt of cement was sold, down from 0.929Mt in November 2014. Total sales saw a 3.4 per cent drop to 0.923Mt. Output fell five per cent YoY from 0.973Mt to 0.924Mt in November 2015. |
Vietnam output up 10.3%, exports to miss target16 December 2015, Published under Cement NewsVietnam produced 61.2Mt of cement in the first 11 months of this year, up 10.3 per cent from the same period of last year, the government-run General Statistics Office said. The country's cement sales increased 10.2 per cent YoY to 6.5Mt in November. The Ministry of Construction predicted that Vietnam’s sales of cement and clinker to rise to between 72-74Mt this year. Domestic sales are expected to have risen 4.5-6.5 per cent to reach 53-54Mt, while exports will be betweem 19-20Mt. ... |
Kenyan output and demand growth slows11 December 2015, Published under Cement NewsDuring the first 10 month of the year, Kenyan cement manufacturers increased output by 10.58 per cent YoY, The Star (Kenya) reported citing latest provisional data by the Kenya National Bureau of Statistics (KNBS). This is a slower pace of growth compared to 15.59 per cent in a similar period last year. In the period under review, 5.33Mt of cement were produced, a modest growth over the 4.82Mt recorded in 10M14. The highest monthly production this year was recorded in July at 570,904t, but... |
US Southeast's comeback story07 December 2015, Published under Cement NewsCement demand in the US Southeast (ie, Florida plus the ‘Piedmont’ states of Alabama, Georgia, Tennessee and North and South Carolina) was hard hit by the Great Recession. Since the 2010 trough, demand recovery in the region has been the strongest among the five US divisions but remains volatile and well below previous highs. Nevertheless, long-term prospects are better than average. By Rob Roy, ROI Consulting, USA. Cemtech Conferences & Exhibitions looks forward to welcoming delega... |
Indonesia Cement Association requests acceleration in infrastructure development04 December 2015, Published under Cement NewsIndonesia Cement Association (ASI) has called on the country's president to accelerate infrastructure development to boost local cement demand. “We expect the infrastructure programme to start in February or March, so that next year’s demand could rise 4.6 or even eight per cent,” Widodo Santoso, head of the ASI said after meeting President Joko Widodo in the palace. The president has said the infrastructure program has been considered slow in its implementation, but by infrastructure deve... |