Cement News tagged under: consumption
India: Positive outlook for growth, but challenges remain20 May 2016, Published under Cement NewsCement consumption in India doubled between 2005 and 2015, but still lags behind China’s at a comparable stage of development. In 2001, the World Bank calculations put China’s GDP per capita at US$1212 in inflation-adjusted terms. Using the same methodology, India’s current GDP per capita is slightly higher than China’s was then: in 2014, India’s GDP per capita reached US$1234. Do these figures suggest that India is a decade or so away from exercising the same sort of economic muscle that... |
Peru: cement market expands 1.8% YoY in April17 May 2016, Published under Cement NewsPeru’s cement demand increased 1.8 per cent YoY in April to 781,000t, according to the country’s cement association, Asocem. This reversed the previous month’s fall of 1.4 per cent. Cement output in April expanded by 7.5 per cent YoY to 831,000t. Some 29,000t of this volume was exported, reflecting an eight per cent decrease when compared with April 2015. In addition, 23,000t of clinker was exported – some 17 per cent below the April 2015 level. |
Argentina: cement sales fall by over a quarter10 May 2016, Published under Cement NewsArgentina’s cement market contracted 27.6 per cent YoY in April 2016, according to the latest data from Asociación de Fábricas de Cemento Portland (AFCP). Total cement sales, including exports, fell 31 per cent during the period. The fall in domestic sales has been attributed to the economic recession and the decision by the government to delay key infrastructure works. As a result, the country’s cement association now forecasts cement dispatches for 2016 to reach 10.5Mt, some 13.4 per c... |
Rep of Congo: Cimenterie de Lukala to close down06 May 2016, Published under Cement NewsCimenterie de Lukala (CILU), located in the Republic of Congo, will be closing down due to “the unfair competition it has faced since December 2015”, according to its CEO, Ola Ora. The factory had been running at capacity utilisation rates of below 50 per cent in recent times. The country’s government had allowed conditional imports of cement into the Republic of Congo. Domestic cement demand is estimated at around 3Mt, but local production is limited to 0.5Mt. |
PPC29 April 2016, Published under Cement NewsAccording to PPC, cement consumption in South Africa reached 13Mt in 2015, up 7.7 per cent on the previous year. The growth is attributed to strong demand from the construction sector, particularly projects involving new power stations and hydroelectric plants. The opening quarter of the year saw the fastest sales growth YoY with 15.6 per cent. The second quarter was far more subdued with 1.5 per cent but was followed by more than seven per cent expansion in the last two quarters of the year... |
Can China bounce back?28 April 2016, Published under Cement NewsAhead of the 17th China International Cement Industry Exhibition, which is due to take place in Nanjing, China, on 12-14 May 2016, this article presents an update on important recent developments in terms of domestic cement consumption trends and the pricing environment. Efforts to cut excessive capacity and promote industry consolidation also remain central themes. By Addison Dai, DBS Vickers, Hong Kong. Nanjing will be the setting for the 17th China International Cement Industry Ex... |
Taiwan's next phase21 April 2016, Published under Cement NewsWith demand far from its 1993 peak of 28Mt and export restrictions in place since 2011, the Taiwan cement industry has faced testing times in its recent history. As import protection ends in May 2016, ICR speaks with Christopher Pei, secretary general of Taiwan Cement Manufacturers’ Association, about expectations for this challenging new era. Christopher Pei, secretary general, Taiwan Cement Manufacturers’ Association In mid-2016, Taiwan’s cement industry is expected to ente... |
Iran: a new era?14 April 2016, Published under Cement NewsWith a cement capacity of just over 80Mta, Iran ranks as one of the world's largest cement producers and its leading cement exporter. The country has made significant strides to adopt international quality standards and diversify into a range of cement types, partly encouraged by market demands and partly by the drive for more sustainable cement production. By Hamid Reza Tajik, ISIRI in ISO/TC74, Iran. The world’s largest cement exporter, Iran enters a new era as it emerges from inter... |
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... |
Russia: waiting for a thaw29 March 2016, Published under Cement NewsIn the face of considerable economic headwinds, Russia’s construction industry has seen its growth decelerate as public and private investors cut back on spending. Russia’s cement demand freeze is not expected to thaw in the next few years and given recent upgrades, substantial overcapacity appears to be just around the corner. By Vitalie Iambla, PMR. A review of recent trends in Russian construction activity and the impact on the domestic cement sector In recent years the Russi... |