Cement News tagged under: Consumption
In search of stabilisation07 November 2014, Published under Cement NewsAfter reaching a peak in 2011, Moroccan cement demand has weakened and since 2012 initiated a slowdown that has continued through 2014. Mohamed Chaïbi, president of the Association Professionnelle des Cimentiers (APC), speaks to ICR about the current status and expected trends for the domestic market and production base. Mohamed Chaïbi, chairman of the Association Professionelle des Cimentiers, explains how the Moroccan cement industry has continued to press ahead in the face o... |
Argentina: cement consumption rises 5% MoM but notes 3% YoY decline07 November 2014, Published under Cement NewsThe Argentine cement market expanded by 5.3 per cent MoM to 1,101,072t in October 2014 but contracted by 3.1 per cent YoY, according to AFCP, the national cement producers’ association. The country’s cement producers dispatched 1,115,224t in the period. The figure, which includes exports represents a MoM increase of 5.8 per cent but a fall of 3.1 per cent YoY. |
China demand nears 'turning point' - UBS07 November 2014, Published under Cement NewsChina's cement sector has entered the "new normal" of stagnant demand, according to UBS. "The turning point in China cement demand growth is near, in our view, amid limited potential upside in infrastructure investment growth and a structural downturn in the property sector," it says. (Source: Dow Jones) |
East Africa rises05 November 2014, Published under Cement NewsEast Africa’s cement demand continues to rise as infrastructure and housing needs provide the basis for future consumption. While cement capacity investments continue, a shift in the make-up of ownership is being seen as local companies take up a more prominent position. By Francis Mwangi, Standard Investment Bank Ltd, Kenya. The emerging East African market is characterised by new capacities, growing exports and growing consumption trends Over the past decade, the east African ... |
Vietnam's October sales slip03 November 2014, Published under Cement NewsVietnam’s cement sales are estimated to have fallen by three per cent YoY during October to 5.37Mt, latest data from the country's Ministry of Construction shows. Of the total sales volumes, domestic shipments accounted for 4.25Mt. In the first 10 months of the year, total sales are estimated to have risen six per cent YoY to 53.22Mt, including 41.51Mt for the local market. Vietnam’s cement sales are predicted to rise by 1.5-3 per cent to between 62-63Mt, comprising 48.5Mt of domest... |
SCG chief anticipates 5% rise in 2015 demand30 October 2014, Published under Cement NewsCement demand in Thailand is expected to increase by at least five per cent next year stimulated by an acceleration of government infrastructure development, according to the chief of the country’s leading cement producer. Kan Trakulhoon, CEO of Siam Cement Group (SCG), believes that the Thai economy has bottomed out since August and is recovering gradually. He said the company expects cement demand to recover significantly from the second half of next year, thank chiefly to government pro... |
Colombia's cement market expands 11% in September28 October 2014, Published under Cement NewsCement dispatches in Colombia rose 10.6 per cent YoY in September to 1.086Mt, according to the country’s statistics office, Dane. Grey cement production reached 1.072Mt, registering an increase of 6.9 per cent YoY. The largest increase occurred in Nariño (+104.8 per cent) but a sizeable rise in dispatches also took place in Magdalena (+37.1 per cent), Huila (+24 per cent), Cundinamarca (+13.9 per cent), Atlántico (+12.6 per cent), Bolivár (+12.5 per cent), Valle del Cauca (+10.8 per cent)... |
Building despite uncertainty24 October 2014, Published under Cement NewsWhile economic growth in the CIS has slowed in recent years, partly due to a cooling Russian economy, many of its cement producers can look forward to an improving operating environment as the region’s resources are put to profitable use and governments invest in extensive housing and infrastructure programmes. Odessa, Ukraine In 2014 the CIS is home to 285m people, with over half of its ethnically-varied population living in Russia, a further 15 per cent in Ukraine, 10.8 per ce... |
US cement market grows 2.8% in August22 October 2014, Published under Cement NewsCement shipments in the USA were up 2.8 per cent in August 2013 when compared with August 2013, according to preliminary data from the US Geological Survey (USGS). While southern Texas, Georgia and Florida all noted double-digit increases of 27, 24 and 11 per cent, respectively, dispatches in southern California and Arizona fell by one and eight per cent, respectively. Across the country, August 2014 was significantly wetter and cooler than the year-ago equivalent with rainfall particular... |
Thailand: Siam Cement suffers market dip21 October 2014, Published under Cement NewsThai domestic cement demand dipped around three per cent YoY in 3Q14, as no new infrastructure projects broke ground during 9M14, while many old projects were completed, claims the Nation paper. The weaker demand probably squeezed the ex-factory price by THB25-50/t QoQ to THB1925-1950/t (US$59.60/t to US$60.40/t) in 3Q14, which would be flat YoY. Sales of building materials in Thailand are likely to have declined by as much as eight per cent YoY in 3Q14, due to weak consumption, particul... |