Cement News tagged under: Supply & Demand
Nigeria’s hamstrung potential20 December 2021, Published under Cement NewsRapid cement capacity build-up over the last two decades and further new additions on the way mean that by next year, Nigeria will have the second-largest installed capacity in Africa. However, while the country’s long-term demand outlook is immense, EFG Hermes explains why massive potential is currently being hamstrung by a sluggish domestic economic outlook. By Moses Waireri Njuguna, EFG Hermes, Kenya. Capacity increase in Nigeria is a means for some players to position themselves f... |
UK: Build, Build, Build06 December 2021, Published under Cement NewsBacked by extensive infrastructure investment, the UK construction industry has made an impressive recovery from the pandemic. But all is not plain sailing as labour and material shortages continue to delay projects and raise costs. Moreover, while UK cement producers are enjoying this renewed demand, the pressure is on to meet and even exceed the industry’s net zero carbon targets. A new chloride bypass and preprocessing plant is due for completion at Aggregate Industries’ Cauldon... |
Middle East: diversification is key22 November 2021, Published under Cement NewsFollowing years of conflict, the potential for cement demand in the Middle East is huge. Add to this the drive by governments to develop and expand various industries to reduce their reliance on oil and gas revenues. Meeting this demand, however, requires investment at a time when state revenues have plummeted and the region is facing escalating humanitarian crises. Global oil prices declined by more than 50 per cent in March 2020 as lockdown measures grounded international flights ... |
India’s cautious outlook08 November 2021, Published under Cement NewsA contracted comparison base has helped push the Indian cement sector to a double-digit growth trajectory in 2021. However, there are a number of one-time factors that should be taken into account and further challenges could lie ahead. A more modest demand picture is expected to emerge in the coming years. ICR highlights recent trends in the Indian cement sector and discusses forthcoming factors that could influence cement demand A cut in India’s GDP growth forecast for the ... |
The cement industry’s energy challenge03 November 2021, Published under Cement NewsWith global cement demand expected to rise by as much as a quarter by 2050, the industry faces a range of challenges to produce in a more sustainable way. One aspect is to reduce its energy input to reflect tighter emissions legislation. By Fabio Mielli and Juliano de Goes Arantes, Rockwell Automation, USA. Green construction and decarbonisation is expected to impact the way cement plants manage their energy consumption Worldwide trends such as increasing population numbers and ... |
Turkey maintains its pace18 October 2021, Published under Cement NewsThe Turkish cement sector has experienced a challenging year on a number of levels. However, despite an increase in costs, the industry has managed to keep up the pace in terms of its contribution to the economy. Meanwhile, cement plant investments continue to support the EU’s climate and environmental policies, and the sector’s carbon roadmap is soon to be presented to the country. By TÜRKÇİMENTO, Turkey. TÜRKÇİMENTO, the Turkish cement association, keeps close track of the European ... |
Europe: invest, divest, assess27 September 2021, Published under Cement NewsICR looks at how economies have fared across western, central and eastern Europe over 2020-21, and what action Europe’s leading cement producers are taking to not only recover from the pandemic but also prepare for the challenges that still lie ahead as emissions regulations tighten and the need for leaner, greener production ramps up. Investing in low-carbon technology, carbon neutrality and portfolio assessment are the key themes going forward for cement producers in the European... |
Pakistan’s promising prospects21 September 2021, Published under Cement NewsPakistan’s cement sector performed very well in the FY21, supported by government policies to assist construction activity in the wake of the COVID-19 crisis. Going forward local demand is expected to remain robust, giving rise to new capacity enhancements. Improved pricing power also bodes well for producers in terms of enhanced profitability. By The Pakistan Credit Rating Agency Ltd, Pakistan. Economic growth and government spending on development projects are the main drivers of ce... |
Poland: a pause on growth13 September 2021, Published under Cement NewsThe Polish cement market was only moderately affected by COVID-19 in 2020, but as the pandemic played out, the impact was felt most deeply in the 1Q21. An expected rebound in the latter half of 2021 is unlikely to make up for lost ground and therefore cement demand growth is forecast to pause before gaining momentum again in 2022. By Bozena Sroda, Polish Cement Association, Poland. The Polish Cement Association provides an overview of the impact of COVID-19 on the domestic construc... |
Peruvian cement prospects19 August 2021, Published under Cement NewsPeru’s domestic cement market has been showing signs of recovery since the onset of COVID-19 and the local cement sector played an important role in helping to cushion the effects of the pandemic. The country’s cement association, Asocem, provides an overview of recent industry trends amid challenging times and prospects for continued recovery. By Asocem, Peru. The cement industry in Peru has been investing in reducing the environmental impact of operations. Changes in energy usage... |