Cement News tagged under: Supply & Demand

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Europe’s positive prospects

24 September 2018, Published under Cement News

Political developments across Europe have created considerable market uncertainty, due to potential policy changes unsettling the construction market. However, prospects for the region look widely positive as the majority of leading countries continue to recover. ICR considers the current state of the European cement industry. Germany’s housing sector is expected to be the key in driving construction demand in Europe’s largest cement market Europe’s economy is showing modest but...

Trading up prospects

30 August 2018, Published under Cement News

The South American region (excluding Brazil) has many cement producers not only investing in new production lines in their domestic markets but also looking to build capacity to advance exports. ICR provides a round-up of recent activity in the region and looks at the reasons for increases in cement demand and production capacity. In Argentina cement producers such as Cementos Avellaneda (pictured) continue to expand their capacity South America is one of the smaller cement-prod...

Ready to rise again?

20 August 2018, Published under Cement News

Following the country’s recent presidential election, the economy of South Africa has returned to positive growth. ICR looks at the impact this has had on its highly-competitive cement industry and how other factors such as overcapacity mean that it remains a challenging environment for producers. Cement consumption in South Africa is set to stabilise following the recent political developments The election of Cyril Ramaphosa as the South African president following the resigna...

African aspirations

24 July 2018, Published under Cement News

East 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 News

Following 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 growth

29 June 2018, Published under Cement News

With 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 yet

21 May 2018, Published under Cement News

As 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 grow

14 May 2018, Published under Cement News

Central 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 Cement

08 May 2018, Published under Cement News

The 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 Graceland

02 May 2018, Published under Cement News

The 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 ...