Cement News tagged under: capacity

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A banner year ahead

09 April 2018, Published under Cement News

Following several challenging years with cement demand declining, the year ahead promises a turnaround of fortunes for China. With domestic cement consumption and export demand expected to rise and new supply to moderate, the Chinese cement industry can look forward to a better year. Prices are also forecast to recover, providing improved returns for producers. By Addison Dai, DBS Vickers, Hong Kong. China’s cement consumption is expected to grow in 2018, improving the demand-supply b...

Pakistan's State Bank acknowledges cement growth

09 April 2018, Published under Cement News

Pakistan's State Bank has confirmed that cement industry is performing well and a considerable amount of capacity is due to come ons-stream in a couple of years. Manufacturers have been investing aggressively in capacity expansions (by adding about 60 per cent additional operational capacity) over the past few years, in anticipation of strong domestic demand. The cement industry is driven by steel and domestic infrastructure investments, by both public and private backers, said the ...

Facing an oversupply challenge

08 March 2018, Published under Cement News

Indonesia’s cement market saw a significant expansion in 2017 despite economic woes. While the country’s property market performs below par, cement producers are pinning their hopes on the government’s ambitious infrastructure development programme to avert the threat of oversupply going forward. By the Indonesian Cement Association and ICR Research, UK. Faced with an oversupply and a stagnant housing market, Indonesia’s cement producers are pinning their hopes on the government’s ...

Uzbekistan cement manufacturers to sell at fixed prices

29 January 2018, Published under Cement News

Uzbekistan’s cement manufacturers plan to open points of sale at fixed prices to customers, in the hope that this will prevent speculation in the market. Qizilqumsement JSC and Bekabadcement JSC have already begun this initiative, according to Trend News. The points of sale are expected to open in all major cities and districts of the country. The cost of cement in the country varies between UZS430,000-490,000/t (US$52-60/t), depending on region. Uzbekistan has a total capacity of 8.5Mta ...

Mexico: a tough year ahead

22 January 2018, Published under Cement News

The slowing housing sector and constraints to the public purse have impacted Mexican cement demand in the past two years. The year ahead will present further uncertainties as the country goes to the polls to elect a new president and NAFTA is up for renegotiation. However, the domestic cement industry is in relatively good shape to weather the risks. By Luis Manuel Martinez, S & P Global Ratings, UK. Mexico's cement industry is well equipped to face a challenging 2018. (Pictured: Ceme...

Pakistan: no dismantling of cement plants around Katas Raj

22 January 2018, Published under Cement News

Pakistan’s Supreme Court will not issue any order to dismantle existing cement plants as output from the facilities will be required for the ongoing China-Pakistan Economic Corridor project, said Chief Justice Saqib Nisar. The Supreme Court's attention was drawn towards the holy pond, part of the Katas Raj temple complex, which is drying out due to water consumption by nearby cement factories that draw water using a number of drill bores and have severely reduced the subsoil water level a...

Cauldon’s six decades

10 January 2018, Published under Cement News

Last year saw Aggregate Industries celebrate six decades of cement production at the Cauldon plant, the first dry-process cement works in the UK. Ignacio Mirasol, plant manager at Cauldon, takes us through the plant’s history and how it has changed during this time to meet today’s market requirements. Aggregate Industries’ Cauldon plant celebrates six decades of history ICR: What was the cement plant’s initial capacity in 1957 when it became the UK’s first dry-process cement pl...

Deadline for bidding on Binani Cement extended

08 January 2018, Published under Cement News

The deadline for bidding on Binani Cement, which is currently undergoing the bankruptcy process, has been extended until 15 January 2018, reports DNA India. The Rajasthan-based company has attracted a large number of bids and is taking potential investors to visit its plant in Dubai.  The company owes banks approximately INR40bn (US$631m) with the total amount owed to lenders reaching about INR70bn. Although, due to the heightened interest in the company, banks are expecting to achieve ov...

Iran's output falls 4% YoY in 6MFY17-18

22 December 2017, Published under Cement News

The output of Iran’s cement industry fell by 3.7 per cent YoY to 28.5Mt for the first six months of the current financial year (started 20 March 2017), according to Trend News Agency. Despite this decline in output, the country’s capacity has increased within 2017 to 83Mta from 72 plants. Deterioration in Iran’s cement exports means that it lost its 2014 ranking of second-largest exporter in the world. The country slipped to third place in 2016 and is expected to receive eighth place in 2...

Egypt's juggling act

14 November 2017, Published under Cement News

Despite the Egyptian government’s focus on infrastructure investment, the country’s cement producers have had a difficult year so far with energy prices rocketing, competition intensifying and a currency crisis playing havoc with prices. Many are investing in their energy mix as a way of protecting their market share and margins going forward.  In Cairo, old and new coexist while ambitious plans are afoot to build a US$25bn New Administrative Capital, 45km east of Cairo, by 2022....