Cement News tagged under: cement consumption
Belgium: cement consumption up 4.6% in 201511 May 2016, Published under Cement NewsBelgian 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 growth11 May 2016, Published under Cement NewsIndocement 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 February26 April 2016, Published under Cement NewsPreliminary 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 202025 April 2016, Published under Cement NewsNew 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 stagnates22 April 2016, Published under Cement NewsCement 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 201519 April 2016, Published under Cement NewsConsumption 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... |
Pakistan: cement industry excels in March07 April 2016, Published under Cement NewsPakistan's cement industry has returned an excellent performance in terms of domestic and export fronts during the month of March. It has recorded its highest ever monthly dispatches of 3.584Mt on the back of healthy growth in domestic consumption and turnaround in exports, thus enabling it to utilise more than 90 per cent of installed capacity during March. According to All Pakistan Cement Manufacturers’ Association (APCMA), cement dispatches to domestic markets during March increased by ... |
Colombia's cement market expands 6% in Feb 201631 March 2016, Published under Cement NewsColombia's cement consumption in February rose by 6.1 per cent YoY to 1.046Mt from 0.987Mt the previous year, according to the country's statistics office, DANE. Building companies and contractors supported this rise in particular as they bought 15.2 per cent more cement than in February 2014. Ready-mix companies increased their off take by seven per cent while retail saw a 3.3 per cent advance in volumes. In terms of departments, Atlantic saw the largest rises in demand by 22 per cent,... |
PCA revises down 2016 US consumption forecast30 March 2016, Published under Cement NewsCement consumption in the United States will continue to rise by 3.4 per cent, according to a report from the Portland Cement Association (PCA). This is down slightly compared to its autumn forecast of five per cent. PCA expects 2017 cement consumption will grow at a rate of 4.3 per cent. “The new forecast reflects the implementation of the new multi-year highway bill, Fixing America’s Surface Transportation (FAST) Act,” said Edward Sullivan, PCA chief economist and group vice-presiden... |
Philippines: redefining the future?07 March 2016, Published under Cement NewsWith preparations in full swing for Cemtech Asia 2016, to be held in Manila, Philippines, in June, ICR provides an update on recent activity in this thriving market. Cement sales demonstrated another strong performance in 2015 and expectations are for the positive trend to continue. Meanwhile, the creation of LafargeHolcim has redefined the production base, giving rise to the entry of another multinational onto the local cement scene. By ICR Research, UK. Robust economic growth in th... |