Cement News tagged under: capacity
China: pandemic to peak carbon02 March 2021, Published under Cement NewsChina’s forthcoming 14th Five-Year Plan commits the country to ‘peak carbon’, but what consequences will this have for the world’s largest cement producer? Previous restructuring efforts have transformed the industry by modernising equipment, improving environmental performance and industry profitability. Continued deep restructuring will be necessary to keep pace with President Xi’s vision of modern China. By modernising equipment and improving its environmental performance, China... |
Uzbekistan's cement capacity reportedly set to rise 60% YoY17 August 2020, Published under Cement NewsUzbekistan’s cement production capacity will rise to 20Mta by the end of 2020, up 60 per cent YoY from 12.5Mta at the end of 2019, according to Ulugbek Abrayev, deputy chair of Uzbekqurilishmateriallari. Mr Abrayev added that the country will produce 14.5Mt in 2021, around 73 per cent of the projected capacity for 2021. At present 10 cement plant construction projects across eight of Uzbekistn’s 12 regions are due for completion in 2020 and 2021. |
East Africa: keeping the lights on28 July 2020, Published under Cement NewsWith overcapacity and pricing pressures weighing in on the east African cement industry, cement producers are setting their sights on the return of strong demand by 2023. In the meantime, will they prepare by taking up a stronger position, possibly through industry consolidation? By Standard Investment Bank, Kenya. The Tanzanian cement industry is expected to see an improving landscape from 2021 The East African Community (EAC) recorded real GDP growth of 5.9 per cent in 2019, s... |
Overcapacity challenges in Pakistan11 February 2020, Published under Cement NewsAt the end of 2019, Pakistan cement production capacity reached to its highest level to meet the local demand and export the surplus production. According to All Pakistan Cement Manufacturers Association (APCMA), as of December 2019, Pakistan's total cement production capacity exceeded the total production – 59.202Mta of clinker and 62.162Mta of cement. This represents the total production capacity from 17 cement producers, operating 25 plants across the country. Of this total, 12 plants a... |
State of the industry06 February 2020, Published under Cement NewsWorld cement markets contracted in 2017-18 but picked up last year, according to The Global Cement Report™, 13th Edition. New capacity is seen pushing worldwide utilisation rates down, while cement and clinker trade continues to advance. ICR takes a look at some of the key figures in this leading statistical reference for the worldwide cement sector. Figure 1: cement consumption by region, 2018E There was some optimism in the global cement markets in 2019 as world cement consump... |
India's demand recovery delayed to second half of FY2131 December 2019, Published under Cement NewsGrowth of Indian cement demand fell short of expectations in Fiscal Year (FY) 2019-20 and no major recovery is expected until after the 2020 monsoon, according to analysts quoted in a report in the Business Standard. The sector is expected to end both the calendar as well as the financial year with flat demand growth, which is well below expectations for 5 to 6 per cent growth forecasts at the start of the year. “The general elections in Q1, and subsequently, heavy rains in most parts of t... |
Saudi Arabia set for recovery?27 November 2019, Published under Cement NewsWhile 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, ... |
Turkey: rebalancing for growth09 October 2019, Published under Cement NewsFollowing 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... |
Vietnamese cement sector to reach 115Mta of capacity in 202023 July 2019, Published under Cement NewsVietnam is expected to have 89 cement production lines and a total capacity of 115Mta in 2020, according to the Vietnam National Union of Building Workers. In 2019 two additional lines are scheduled to begin operations. Nam Dong will commission a 1.8Mta unit in Thua Thien-Hue province and Thanh Thang Cement is expected to start up its 2.3Mta third line in northern Ha Nam province. A further five facilities are expected to open with a combined capacity of 12.7Mta in 2020. This includes Min... |
Nepal: the road to exports22 July 2019, Published under Cement NewsWhile cement demand in Nepal is forecast to show significant expansion in the future, the rapid build-up of production capacity is outstripping future domestic consumption growth. Therefore, Nepali cement producers are expected to increasingly address the challenge of exporting their products further afield. By Dhruba Thapa, Cement Manufacturers’ Association, Nepal. The Nepali government is embarking on a major urbanisation programme as well as road construction and large-scale irr... |