Cement News tagged under: Supply & Demand
Raising expectations01 April 2019, Published under Cement NewsA tightening supply-demand balance, rising prices and record industry profits have raised expectations of an improved scenario for China’s cement producers in 2019. A number of challenges remain on the supply-side, including tighter emissions control standards and the threat of imports into coastal markets, but the outlook for consumption is promising. By Fei (Grace) Chen, China Cement Association, China. China’s cement industry produced 2.177bnt of cement in 2018 China’s cement... |
China’s balancing act27 March 2019, Published under Cement News2018 marked the 40th anniversary of China’s “Reform and Opening Up”, the name given to the hugely successful economic reforms instigated by Deng Xiaoping in 1978, which initiated the country’s transformation from a largely agricultural nation into the second- largest economy in the world. This remarkable period has seen China’s economy enjoy an uninterrupted, multi-decade economic boom and lifted tens of millions out of poverty. China’s cement producers are mid-way through a key phase... |
The road to global leadership25 March 2019, Published under Cement NewsWith China’s One Belt, One Road initiative increasing momentum, demand for cement is set to rise. ICR speaks with Romain de Laubier and Arne Burfeind of Boston Consulting Group (BCG) to gauge the impact on the global cement industry and its drive to expand its production capacity. Romain de Laubier – partner and managing director at Boston Consulting Group, Paris & Tokyo ICR: How would you define China’s One Belt, One Road (OBOR) initiative, which is visibly gaining momentum? W... |
South Korea: new strategies13 March 2019, Published under Cement NewsAs South Korea’s economy dips and government policies negatively influence infrastructure plans, the country’s cement industry remains at overcapacity amid stagnant levels of demand. Moving forward, producers must find new strategies to operate competitively in this challenging market. By Manas Tamotia, LEK Consulting, Singapore. With South Korean cement plants mainly located in the central and eastern coastal areas, cement producers face high distribution costs to deliver their pr... |
Global cement markets in 201904 March 2019, Published under Cement NewsLow macroeconomic visibility, slowing global growth, geopolitical risks and industry-specific questions such as the outlook for Chinese cement prices or rising CO 2 costs in Europe have presented challenges to cement market analysts worldwide in forecasting 2019. Following its 13th annual cement survey, Exane BNP Paribas sheds more light on the year ahead. By Paul Roger, Exane BNP Paribas, UK. Figure 1: cement volume scenario, 2019 The overall conclusions are not too bearish fo... |
When the going gets tough06 February 2019, Published under Cement NewsThe north African cement sector is facing a challenging time as declining demand has put into perspective the current overcapacity in the industry. With most of the region affected, export options are limited. Higher energy costs have also brought further challenges in some countries. By Kais Kriaa and Fatma Charfi, Alpha Mena, Tunisia. With production capacity tipped to reach 30Mta in 2019, Algeria’s cement industry has been transformed and has now become a net exporter of cement.... |
Cement in the heart of Africa28 January 2019, Published under Cement NewsFollowing two particularly challenging years and considerable overcapacity, the cement industry in the Republic of Congo can look forward to better times. The government is set to increase investment in housing and public spending to advance the country’s infrastructure, and provide for its growing and young population. With 1.8m people, Brazzaville is Congo’s largest city and accounted for over 100,000t of cement consumption in 2017 The economic crisis in the Republic of Congo... |
Building for a boom21 January 2019, Published under Cement NewsAs ICR looks at the Bangladeshi cement market, it speaks with Masud Khan, CEO of MI Cement, about the status of the domestic market, the company’s achievements to date and plans for the future. Masud Khan, CEO of MI Cement, speaks with ICR about the company’s plans for the Bangladeshi cement sector ICR: What are the main factors that impact on Bangladesh’s (low) per capita cement consumption? Are poor distribution routes to rural areas a major factor? Masud Khan (MK): Bangla... |
Cement in 201907 January 2019, Published under Cement NewsWhile global economic growth is expected to continue in 2019, uncertainty will affect the expansion of key cement markets in the year ahead. As a result a mild contraction is forecast although there will be regional differences in cement demand with the developed markets registering limited growth while emerging markets will be more robust. By Arnaud Pinatel and Yassine Touahri, On Field Investment Research, UK. Figure 1: changes in regional cement demand, 2017 vs 2018. Source: OFI... |
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... |