Cement News tagged under: Supply & Demand
African aspirations24 July 2018, Published under Cement NewsEast Africa’s cement sector has remained resilient in recent years, despite oversupply and power shortages. ICR reviews the main east African markets as the battle to increase market shares intensifies and modernisation is further challenged by new entrants taking on the established players. Tanga Cement is building on the strength of its Simba brand to compete effectively with new entrants in the Tanzanian cement market Growth in cement consumption continues to stimulate the... |
Emerging from the clouds?12 July 2018, Published under Cement NewsFollowing the recession that significantly impacted the Brazilian cement industry, recent months have seen a more positive picture emerge as the domestic economy recovered. While political uncertainties continue to cloud the industry’s prospects, the country’s high housing deficit and urgent need for better infrastructure provide some rays of hope. By Sindicato Nacional da Indústria do Cemento (SNIC), Brazil. Following three years of challenging market conditions, Brazilian cement pro... |
Vietnam’s dragon of growth29 June 2018, Published under Cement NewsWith strong economic growth fuelling infrastructure investment and China importing more clinker than ever, its not hard to see why Vietnam’s cement producers are enjoying a surge in demand. But the industry remains highly-fragmented and needs to tackle its oversupply situation as new mega plants arrive on the scene. The Vietnamese dragon is a symbol of growth. Last year saw the country report GDP expansion of 6.8 per cent, the highest rate in the last decade Last year saw Vi... |
Not out of the woods yet21 May 2018, Published under Cement NewsAs India’s cement industry recovers from demonetisation, the October-December 2017 quarter brought new tests of strength. While demand showed unusually-high growth, increased fuel and raw material prices combined with muted growth forecasts took the shine off positive expectations for the year ahead. While Indian cement consumption saw an 11 per cent hike in the Oct-Dec 2017 quarter, the Indian cement sector is not out of the woods yet While the impact of the government’s dem... |
Central America: ready to grow14 May 2018, Published under Cement NewsCentral America’s positive but weakening economic growth trend is expected to continue into the coming years, fuelled by the diverging economies of its constituent countries. ICR looks at the supply and demand variation throughout the region, and how capacity expansion is set to continue in a region where utilisation rates are low. Trinidad Cement was acquired by Cemex via its subsidiary Sierra Trading in 2017 Central America – from Belize and Guatemala in the north to Panama in... |
Revitalising St Marys Cement08 May 2018, Published under Cement NewsThe resurgence in the US cement market in 2014 prompted Votorantim Cimentos-owned St Marys Cement to launch a modernisation and expansion programme of its plant in Charlevoix, Michigan, USA. The modernisation at St Marys Cement plant in Charlevoix, USA, will expand the facility’s capacity by 40 per cent to 2.1Mta A leading supplier of cement throughout the Great Lakes region, Votorantim Cimentos’ St Marys Cement officials say the 1200-acre Charlevoix site is well worth the US... |
Going to Graceland02 May 2018, Published under Cement NewsThe 2018 IEEE-IAS/PCA Cement Industry Technical Conference will be held between 6-10 May in Nashville, Tennessee. Therefore, the timing is right for ICR to visit Graceland and examine the recent developments in the nearby southern US cement markets. By Rob Roy Economic Consulting, USA. Lehigh Portland Cement Co’s 3.5Mta plant in Union Bridge is one of Maryland’s two integrated cement facilities and the country’s second-largest after LafargeHolcim’s Ste Genevieve works, Missouri ... |
Opportunities, challenges and choices23 April 2018, Published under Cement NewsAs chairman of the US Portland Cement Association (PCA), Allen Hamblen speaks with ICR about the upbeat expectations of the industry in view of recent domestic tax and regulatory reforms by the current US administration. In addition, the sector puts its faith in a fully-funded public infrastructure investment package. Allen Hamblen, chairman of the Portland Cement Association and president/CEO of CalPortland Co ICR: The US economy has been picking up and there seems to be great... |
Russia’s new dawn23 April 2018, Published under Cement NewsGrowing construction activity, a recovering economy and stabilising cement production – 2017 marks something of a turn-around year for Russia after years of recession. But the situation is still fragile with much of the economic growth fuelled by oil prices, which remain volatile, and construction increasing in less obvious sectors such as agriculture and healthcare. By Alexey Semenov, GS-Expert LLC, Russia, and ICR Research, UK. Russia’s economic recovery and increase in construction... |
A banner year ahead09 April 2018, Published under Cement NewsFollowing several challenging years with cement demand declining, the year ahead promises a turnaround of fortunes for China. With domestic cement consumption and export demand expected to rise and new supply to moderate, the Chinese cement industry can look forward to a better year. Prices are also forecast to recover, providing improved returns for producers. By Addison Dai, DBS Vickers, Hong Kong. China’s cement consumption is expected to grow in 2018, improving the demand-supply b... |