Cement News tagged under: Supply & Demand

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Building Iraq’s road to prosperity

07 January 2020, Published under Cement News

With post-war reconstruction continuing in Iraq, the cement and concrete industries play a key role. ICR speaks with Khaled El Dokani, Lafarge Iraq’s country CEO, about solid indications of market growth, the company’s contribution to the development of the local cement industry and challenges faced in building Iraq’s road to prosperity. Khaled El Dokani, CEO of Lafarge Iraq ICR: Can you provide a brief overview of the cement sector in Iraq: what does the industry landscape loo...

Argentina remains optimistic

17 December 2019, Published under Cement News

Argentina is facing more economic woes as inflation, interest rates, unemployment and the poverty rate continue to climb. But given the pressing need for both housing and infrastructure, its cement producers continue to invest in new capacity. With a new occupant at the Casa Rosada, the Argentine President’s executive mansion, the country has an optimistic view of the future At the end of October, Argentinians went to the polls to elect their president amid challengi...

Closing in on Canada’s carbon

02 December 2019, Published under Cement News

Canada has a well-established cement market and is home to several leading multinationals who dominate the sector. The main concerns of the industry are becoming more focussed on stricter environmental compliance with CO 2 taxes being implemented and more efficient grinding to improve plant performance. Canadian cement consumption is forecast to reach 9.4Mt in 2019 and is particularly high in metropolitan areas such as Edmonton, Alberta The recent Canadian elections on 21 Oc...

Saudi Arabia set for recovery?

27 November 2019, Published under Cement News

While the latest data of the Saudi cement market has provided some reassurance in terms of the sector’s recovery, the reality on the ground urges more caution going forward as spending on megaprojects is only gradually picking up. However, there are positive signs such as emerging export opportunities and improving cement prices. By Pritish K Devassy, Al-Rajhi Capital Research, Saudi Arabia. Yanbu Cement, awarded Cement Plant of the Year in the recent ICR Cement Industry Awards 2019, ...

India’s demand growth shifts gear

11 November 2019, Published under Cement News

The April-June 2019 quarter saw India’s cement growth slow, putting the brakes on a long spell of double-digit advances. Higher cement prices and lower input costs have helped support producer profit margins, but with no immediate demand recovery in sight, government infrastructure and affordable housing projects are the main beacons of light. The Indian cement sector has seen another interesting quarter with the economy and pace of cement consumption slowing, the sustainability of...

China steps into the lime light

25 October 2019, Published under Cement News

As the urbanisation rate in China increases and the government legislates for a more sustainable society, the use of lime is set to expand. This is expected to lead to the modernisation and consolidation of the country’s lime industry with fewer but larger lime plants, equipped with modern technology. By China Lime Association, China. Figure 1: lime demand in China’s industrial sectors, 2018 Following 40 years of rapid growth, China’s economic and social development has achieved...

Turkey: rebalancing for growth

09 October 2019, Published under Cement News

Following the recent decline in Turkey’s economic growth the domestic cement industry set about to improve its production efficiency and foster sustainable development in a sector that continues to expand as it looks forward to sustained cement demand at home and in its export markets. By Dr Tamer Saka, Turkish Cement Manufacturers’ Association, Turkey. Exports are key in supporting capacity utilisation rates in the Turkish cement industry with shipments as far afield as the USA an...

Çimsa: building on success

08 October 2019, Published under Cement News

Çimsa is Turkey’s leading cement exporter and the second-largest producer of white cement in the world. Building on this success, Ülkü Özcan, CEO, explains how the company is strengthening its export network and white cement capacity, and has set its sights on innovation and digitalisation. By building on its capacity to export to global destinations and increasing white cement capacity, Çimsa aims to enhance efficiency and maintain healthy growth. Innovation and digitalisation are...

Poland: leading Europe’s growth

30 September 2019, Published under Cement News

Poland was one of the countries that did not experience an economic downturn during the global crisis of 2007 and central Europe’s largest economy has been on the rise ever since, supported by an expanding construction sector. As a result, the output of the Polish cement industry is at an historic high with cement sales of 18.9Mt in 2018. By Wojciech Roszczynialski and Grzegorz Wolski, Eurocement Consulting LLC, and Zbigniew Pilch, Polish Cement Producers’ Association, Poland. Heidelb...

European construction: set for continued growth?

23 September 2019, Published under Cement News

Following a buoyant 2017 and continued growth in 2018, the European construction market is expected to show modest growth this year. As a result, cement prices are expected to firm, easing the pressure on EBITDA margins of building material companies across the region. By Jean-Christophe Lefèvre-Moulenq, CM-CIC Market Solutions (ESN), France. In 2019, demand is forecast to increase by 1.4 per cent in western Europe After a particularly buoyant 2017, a sharp deceleration was expe...