Cement News tagged under: Supply & Demand

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When the going gets tough

06 February 2019, Published under Cement News

The 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 Africa

28 January 2019, Published under Cement News

Following 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 boom

21 January 2019, Published under Cement News

As 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 2019

07 January 2019, Published under Cement News

While 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 expansion

17 December 2018, Published under Cement News

With 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...

BusinessCem Almaty

14 December 2018, Published under Cement News

BusinessCem Almaty 2018, the 16th International Central Asia Conference and Exhibition, was held at the InterContinental Almaty, Kazakhstan, between 29-31 October. Around 100 participants gathered to explore the latest industry developments taking place in the region. Around 100 delegates gathered to update their knowledge with the latest developments in the central Asian cement industry The conference was opened by Evgeny Valyukov, general director of BusinessCem, who welcom...

On the US Coast

07 December 2018, Published under Cement News

Despite uncertainties ahead, cement demand on the East and West Coasts of the US is expected to grow around four per cent as the country continues its economic recovery. With ample local kiln capacity and ready access to cement imports, coastal cement supply is expected to grow in line with regional consumption requirements. By Rob Roy, ROI Economic Consulting, USA. US Coastal markets have particularly benefitted from easy access to cement and clinker imports to support local const...

Deep into the Saudi down-cycle

19 November 2018, Published under Cement News

Saudi Arabia’s cement industry has faced a challenging few years as construction activity decreased following a more cost-conscious government budget. However, while many positive steps have been taken, the sector’s recovery could be protracted. By Pritish Devassy, Al Rajhi Capital, Saudi Arabia. While the Saudi cement industry has faced a challenging few years, the dust appears to be slowly settling with signs of a recovery emerging The largest economy in the Middle East, Sa...

India’s changing trajectory

07 November 2018, Published under Cement News

After a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profitability of the major producers. Furthermore, the country’s capacity utilisation is at risk as new investments may push the supply-demand imbalance further. Mumbai is expected to benefit from several large-scale infrastructure projects, including a US$2.4bn airport and a new INR180bn Trans-Harbour Link bridg...

Germany: spending spree ahead?

02 November 2018, Published under Cement News

The need for Germany to begin spending its accrued budget surplus on infrastructure projects and housing is starting to weigh heavily on the new government. The cement industry has invested and is able to increase output. Will the public purse strings be loosened? HeidelbergCement’s Burglengenfeld plant in Bavaria is just one of several German cement plants that have carried out upgrades to improve production efficiency and reduce the environmental impact of their operations ...