Cement News tagged under: cement consumption
J K Cement: Indian cement demand to grow 7% in FY17, 8% in FY1814 October 2016, Published under Cement NewsJ K Cement expects the government’s infrastructure push to drive cement demand in India in the next two years. “We expect demand to hit seven per cent in FY17 and eight percent in FY18,” said the company’s CFO, AK Saraogi. He added that compared to last year there has been a sizeable change in the real estate and developer market and a turnaround has started to happen. “Railways, metro, roads and transport, the smart cities initiative would all have a trickle-down effect on the cement ... |
Vietnam: domestic cement consumption could reach 80Mt by 202022 September 2016, Published under Cement NewsCement consumption in Vietnam will this year reach 60Mt, while 15.5-17Mt of cement and clinker will be exported, claims Vietnam's Cement Association Chairman, Nguyen Quang Cung. Mr Cung said Vietnam's total productivity was estimated to reach 95Mt by 2020, of which domestic consumption would increase by 5-5.5Mta, reaching 80Mt. The remaining volume of 15Mt would be be shipped overseas. "Vietnam will be able to meet the increasing demands of production and export of cement and clinker by... |
Indonesia: August surge puts consumption growth back on course16 September 2016, Published under Cement NewsThe Indonesian Cement Association (ASI) reported that cement sales rose by 8.7 per cent from 5.49Mt in August 2015 to 5.97Mt in August 2016. The surge in domestic sales was driven by the implementation of infrastructure projects in the 2H2016. With cement sales in reaching 39.07Mt in January-August 2016 (+3.9 per cent), demand growth is edging closer to the five per cent forecast by ASI. "If this consumption level continues until the end of the year, the national cement consumption growth... |
Spain's cement demand resumes growth15 September 2016, Published under Cement NewsSpanish cement consumption increased 3.2 per cent to 930,593t in August when compared with August 2015, according to the country’s cement association, Oficemen. The developments breaks a five-month stint of market contraction. In the first eight months of the year, cement demand has slipped 2.8 per cent to 7.419Mt. "Data from the summer confirm the sector’s new entry into recession, severely affected by the fall in investment in public works, which has already been noted in the decrea... |
Chinese imports into Kenya show 10-fold rise12 September 2016, Published under Cement NewsNew figures from the Kenyan National Bureau of Statistics reveal that the country imported KES2.2bn (US$21.7m) of cement from China in the first six months of 2016, up more than ten-fold on last year. A report by Business Daily Africa notes that these latest data look set to increase tension between Kenyan producers and Chinese contractors working on some of the country’s biggest infrastructure projects. The Chinese building firms have repeatedly denied claims that they import cement a... |
DRC cement consumption around 40kg/capita09 September 2016, Published under Cement NewsCement consumption in the Democratic Republic of Congo is currently around 40kg per capita, according to Jean Bamanisa Saidi, president of the RDC Concrete Expo 2016, which is currently being held in the country’s capital Kinshasa. He added that new companies in Kongo Central will increase cement production in 2017, enabling the supply of cement equivalent to 100kg per capita as production is expected to be stepped up from 0.4Mt to 2.5Mt. |
Argentina reports upturn in cement demand in August08 September 2016, Published under Cement NewsCement dispatches in Argentina increased by 6.7 per cent YoY in August, according to preliminary figures published by the Argentine cement association, AFCP. The domestic market required the supply of 1,042,862t, up from 977,469t in August 2015. Argentine output was supplemented by 1.366Mt of imports, unlike the same period of the previous year when no imports entered the country. Exports fell by nearly 20 per cent from 4.152Mt in August 2015 to 3.33Mt one year later. For the first ei... |
Ghana: limited 0.3% volume growth in 1Q1606 September 2016, Published under Cement NewsHigher levels of infrastructure investment in the coming months should help Ghana’s construction industry rally after a slow start to 2016, although rising costs risk squeezing profit margins. The industry grew by only 0.1 per cent QoQ and by just 0.3 per cent YoY in the first quarter of the 2016, well below the annualised GDP increase of 4.9 per cent, according to data released by the Ghana Statistical Service in late June. By contrast, Ghana’s construction sector expanded by 6.2 per cent... |
Colombia: consumption falls 20% YoY in July31 August 2016, Published under Cement NewsColombia saw its cement market contract by 19.7 per cent YoY in July to 924,900t, according to the latest figures by Dane, the country’s statistics office. A round 68.2 per cent of this total was delivered as bagged cement and 31.8 per cent in bulk. Nearly 75 per cent of bulk cement was supplied to ready-mix companies and a further 17 per cent to construction companies and contractors. Domestic production contracted by 17.6 per cent to 915,200t in July when compared with the same mont... |
Indonesia: July cement demand up slightly, stronger growth anticipated24 August 2016, Published under Cement NewsAccording to figures released by the Indonesian Cement Association (ASI), cement demand in July was up slightly YoY, despite falling by 29 per cent compared to June, Indonesian Investments reports. Taken as a whole, the first seven months of 2016 have seen consumption rise by four per cent above the same period in 2015. However, demand remains below that recorded in 2014. The industry’s failure to regain its previous peak has been partly attributed to the government’s slow pace of spen... |