Cement News tagged under: cement consumption

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Moroccan cement demand slips 2.7% in April

24 May 2016, Published under Cement News

Following a positive first quarter, Moroccan cement demand fell 2.7 per cent in April as construction activity slowed and the real estate market was subdued. The decrease breaks with the growth recorded in the first quarter of 2016. The trend has been aided by a 12 per cent drop in housing starts while the decline in real estate loans and the financial situation of major development has subdued this part of the construction sector. Meanwhile, the cement industry has an installed capacity ...

Philippines 1Q16 cement sales up 13%

20 May 2016, Published under Cement News

Philippines cement sales increased by 12.8 per cent YoY in the first quarter of 2016, according to Ernesto Ordoñez, President of the Cement Manufacturers' Association of the Philippines (CeMAP). Volumes rose from 5.7Mt in 1Q15 to 6.43Mt. "Demand will continue to be strong, especially with presumptive President Duterte saying that infrastructure will remain a high priority during his administration," said Mr Ordoñez. For this year, the Aquino administration has allotted an infrastructure...

Indonesia: cement sales to April up 4.2% YoY

18 May 2016, Published under Cement News

Cement sales in Indonesia reached 19.3Mt in the four months from January to April 2016, reports Indonesia Investments. This represents a 4.2 per cent increase on the same period in 2015. Rising supply from new entrants to the market has driven most of the consumption growth. Of the three biggest incumbents – Semen Indonesia, Indocement Tunggal Prakarsa and Holcim Indonesia – only the first saw YoY volume sales rise in April 2016 while both Indocement and Holcim reported double digit decli...

Patterns in US cement

11 May 2016, Published under Cement News

As the US market picks up, the country’s cement producers can look forward to consumption growth rates of 6-7 per cent annually over the next two years. This should enable them to continue raising capacity utilisation of their production facilities. However, cement and clinker imports are resuming their upward path too. By Rob Roy, ROI Economic Consulting, USA. US construction activity reached a turning point at the end of 2015, enabling the full year to register significant growth ...

Belgium: cement consumption up 4.6% in 2015

11 May 2016, Published under Cement News

Belgian cement demand increased 4.6 per cent YoY to 6,403,460t, according to Febelcem, the country's cement association. The rise was supported by good weather and a positive new housing market. The construction market saw a three per cent increase in both new residential building and renovation while public investment expanded by 5.7 per cent. Febelcem members delivered close to 4.9Mt while an additional 1.5Mt was imported as producers in nearby countries face declining domestic market...

Indonesia: Indocement hopes for strong consumption growth

11 May 2016, Published under Cement News

Indocement Tunggal Prakarsa President Director, Christian Kartawijaya, has predicted that cement consumption in Indonesia could grow by 3-5 per cent in 2016, having grown by 3.4 per cent in 2015. According to the Jakarta Post, Mr Kartawijaya highlighted government investment in infrastructure and falling interest rates as the key drivers of higher demand. The Indonesian government has allocated IDR313.5trn (US$23.51bn) to infrastructure projects in 2016, up eight per cent on the previo...

US cement shipments up 26% YoY in February

26 April 2016, Published under Cement News

Preliminary data from the US Geological Survey shows that Portland and blended cement shipments in February 2016 amounted to 6.0Mt, including 630,000t of imports. These figures are both up on February 2015, with overall shipments being 26 per cent higher and imports 29 per cent higher. Shipment volumes for February 2016 were well above the 4.5Mt average over the previous five years (2011-15), being 34 per cent higher. Clinker production was 5.1Mt, 13 per cent higher than in February 2015....

Morgan Stanley: cement consumption to grow 4% YoY to 2020

25 April 2016, Published under Cement News

New research from Morgan Stanley predicts that worldwide cement demand excluding China has turned a corner and will grow at an annualised rate of four per cent between 2016 and 2020. The investment firm is particularly bullish about India, South Asia and sub-Saharan Africa, all of which it forecasts will see consumption grow by more than five per cent per year over the period (with Indian demand set to expand at 6.7 per cent). However, consumption in China is predicted to fall by 1.2 per ...

Spain: cement consumption stagnates

22 April 2016, Published under Cement News

Cement consumption in Spain has returned to the red numbers at the end of the 1Q16 with a fall of 0.5 per cent, which places the accumulated 2,565,811t in total, about 12,000 less than in the same period last year. With respect to March, the fall was 7.2 per cent, reaching 928,188t, 71,795 less than in the same month of 2015. "Since June 2015 we see a sharp slowdown in consumption and erratic evolution of the same. Consequently, the consumption of the first quarter had a negative...

South Africa: Cement sales up 7.7% in 2015

19 April 2016, Published under Cement News

Consumption of cement in South Africa rose by 7.7 per cent YoY in 2015 following a drop in sales the previous year. According to figures released by PPC, volumes reached 13Mt in 2015 thanks to strong demand from the construction sector. Responding to the news, Business Day pointed to the positive impact from projects to build new power stations and hydroelectric plants. Sales grew fastest in 1Q15, when they were up 15.6 per cent YoY. Growth in Q2 was slower at 1.5 per cent, with volume...