Cement News tagged under: Supply & Demand

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Emerging Senegal

10 September 2019, Published under Cement News

Senegal, home to one of west Africa’s largest cement industries, is a nation on the rise. Long-term political stability has resulted in sustained economic growth. Looking ahead, President Macky Sall’s government is pursuing an ambitious development strategy supported by important new oil and gas investments. This will help to ensure domestic cement demand is able to sustain the cement industry and its three integrated producers. Robust growth in Senegal’s cement demand is expected to ...

Votorantim: solid but flexible

28 August 2019, Published under Cement News

Brazil’s largest cement producer and a key international player, Votorantim Cimentos embraces the concept of being a solid company that is responsive to change. New global CEO Marcelo Castelli speaks with ICR about expectations for the markets in which it operates, changes to its business model in terms of portfolio diversification, and achievements under the company’s strong commitment to sustainablity and tackling climate change. Marcelo Castelli, Votorantim Cimentos’ new global CEO...

DR’s roadmap to the future

27 August 2019, Published under Cement News

Supported by sustained economic development, the construction sector of the Dominican Republic has provided a solid base for growth for the country’s cement industry. With an 8Mta production capacity, domestic cement companies have helped the country make the switch from being a net importer to a net exporter. Providing the setting to the XXXVI FICEM Technical Congress 2019, ADOCEM provides a timely update of its cement sector. By ADOCEM, Dominican Republic. With 8Mta of production ca...

Kenya's cement exports decline 65% in 1H19

22 August 2019, Published under Cement News

Kenya’s domestic cement exports have recorded a 65.3 per cent decline in value to KES362.28m (US$3.5m) in the first six months of the year, against KES1.04bn in the 1H18, according to preliminary cement exports statistics from the Central Bank of Kenya (CBK). The country’s cement exports have been declining since 2015, with the decline attributed to new grinding plants and brownfield grinding expansions in Uganda and Tanzania, reports Business Daily. "A lot of Kenyan cement was supplyi...

Sailing through high seas

06 August 2019, Published under Cement News

Pakistan’s cement producers are sailing through high tides as domestic demand succumbs to macroeconomic pressures, manufacturing costs rise and utilisation levels look set to weaken with the addition of new capacities. Exports are providing a much-needed cushion, as is the shift towards reducing costs and improving operational efficiencies. By Syeda Humaira Akhtar, BMA Capital Management Ltd, Pakistan. Against a backdrop of lower domestic demand and higher production costs, Pakistan p...

PNG’s Mayur transformation

29 July 2019, Published under Cement News

Mayur Resources recently announced plans for the construction of Papua New Guinea’s first integrated cement and quicklime plant. Located 25km north of Port Moresby, the country’s capital, the facility will support the government’s programme to add value to the nation’s vast mineral wealth. By Mayur Resources, Australia. Mayur Resources’ new cement plant will reduce Papua New Guinea’s dependence on imports and lower domestic cement prices, supporting infrastructure development in th...

Nepal: the road to exports

22 July 2019, Published under Cement News

While cement demand in Nepal is forecast to show significant expansion in the future, the rapid build-up of production capacity is outstripping future domestic consumption growth. Therefore, Nepali cement producers are expected to increasingly address the challenge of exporting their products further afield. By Dhruba Thapa, Cement Manufacturers’ Association, Nepal. The Nepali government is embarking on a major urbanisation programme as well as road construction and large-scale irr...

Iran: supporting growth

01 July 2019, Published under Cement News

Following rapid growth Iran’s cement capacity is forecast to reach 100Mta by 2021 and 120Mta by the end of the country’s 20-Year Vision Plan in 2025. Key infrastructure and housing projects as well as new export markets are expected to provide the demand required to support the continued expansion of the domestic cement industry. By Hamid Reza Tajik, ICEM Co, Iran. Iran’s cement industry has rapidly expanded in recent decades and is on course to support the country’s 20-Year Vision...

Kenya’s cement conundrum

03 June 2019, Published under Cement News

While recent times have seen the Kenya cement industry expand and new players arrive, the sector now faces a conundrum. While economic and construction forecasts indicate sound cement demand going forward, cement overcapacity has led to price pressures that show no sign of abating and which are affecting the bottom line of market players. A wave of industry consolidation in the short- to medium term cannot be ruled out. By Lisa Kimathi, Standard Investment Bank, Kenya. Despite forecas...

Time for a Brazilian adventure?

28 May 2019, Published under Cement News

Following the entry of Titan Cement into Brazil in 2016, fellow multinational cement producers Vicat and Buzzi Unicem have recently stepped into the local cement market despite the country’s falling cement demand last year. Others may follow this trail if Brazil’s cement market shows further signs of growth in 2019, but timing will be key. While cement demand declined in 2018, forecasts for 2019 indicate better times ahead Brazil remains one of the largest cement markets in the ...