Cement News tagged under: Industry Report
Germany’s generational shift30 September 2024, Published under Cement NewsGermany is the largest cement market in Europe with a consumption of 22Mt in 2023. Today the industry remains fragmented, oversupplied and a reshuffle to consolidate the landscape and capacity is expected. Construction and building materials analyst Jean-Christophe Lefèvre-Moulenq provides an in-depth report of the industry. By Jean-Christophe Lefèvre-Moulenq, Construction & Buildings Materials Analyst, France. The boom years of the German cement industry are over, at least for now, a... |
Vietnam looks to 2025 recovery17 September 2024, Published under Cement NewsVietnam’s cement demand has continued to fall in 2024 and a recovery is not expected until 2025. While domestic cement sales are forecast to recover only gradually, cement producers can look forward to a faster pick-up in export sales. By Anh Nguyen, FiinGroup, Vietnam While 2024 is expected to remain challenging for Vietnam’s cement producers, next year is anticipated to bring greater rewards (© Tieu Bao Truong) Despite an improved disbursement rate on public investment a... |
Challenging times for Iran02 September 2024, Published under Cement NewsThe cement industry in Iran is one of the largest in the world, but in recent times has faced challenges due to overcapacity, contracting domestic demand, upheaval in some of its export markets, as well as electricity and gas outages. By Bahman Massoumi Nejad , Mansour Arbab Afzali and Sara Enferadi , Asia West Cement Complex, Iran, and Bita Lak , Iran Cement Association, Iran While some cement plant projects have been put on hold, others continue to progress, adding to the cu... |
Kazakhstan’s continued challenge05 August 2024, Published under Cement NewsWhile a positive economic forecast and plans to expand the country's infrastructure and housing are expected to support Kazakh cement producers, domestic and regional overcapacity as well as increasing costs are envisaged to present continued challenging conditions for the sector. By CMPRO and QazCem, Kazakhstan The expansion of the Kazakh cement industry has resulted in domestic overcapacity, which is proving particularly challenging in times of production cost increases and re... |
Iranian cement exports rise 12% in under two years16 April 2024, Published under Cement NewsThe head of Iran’s Cement Industry Producers Association, Ali-Akbar Alvandian, said on Saturday that the country had exported 10.5Mt of cement in the first nine months of the Iranian calendar year 1402 (21 March-21 December 2023). He added, that in the previous year, 13Mt of cement had been exported. Alvandian noted that Iran produces about 90Mta, 60Mta of which is consumed domestically. Moreover, cement production in the country has grown 12 per cent since Ebrahim Raisi came to power in... |
VNCA calls for government intervention in Vietnam cement industry12 April 2024, Published under Cement NewsThe Vietnam National Cement Association (VNCA) has reported that the country’s cement sector is in crisis, as a number of major players are at risk of bankruptcy or foreign acquisition, due to low production and consumption levels. Despite the country’s 61 cement production facilities having a capacity of approximately 117Mta, total consumption was only 87.8Mt in 2023, including a domestic demand of 56.6Mt. The association said, “Domestic cement consumption plummeted by 16 per cent in ... |
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