Cement News tagged under: consumption
Peru cement sales fall 4.9% in Feb 201517 March 2015, Published under Cement NewsPeru’s cement market contracted by 4.9 per cent YoY as dispatches fell from 816,000t to 775,000t in February 2015, according to Asocem, the country’s cement association. In January, cement dispatches increased 1.7 per cent. "This is mainly due to climatic factors, low public spending, weak private investment and low trust in the government. As in January, heavy rains during February in the highlands and jungle witnessed, "said the cement association. Public expenditure fell 23 per cen... |
Holcim expects 3-5% growth in Mexico12 March 2015, Published under Cement NewsThe Mexican cement market will expand by 3-5 per cent in 2015, according to a forecast by Holcim México. Although dollar volatility, lower oil receipts and the decreased government spending may impact negatively on cement consumption, the National Infrastructure Plan (NIP), a dynamic housing sector and higher remittances are expected to boost cement demand this year. In the first half of 2015 the recovery that started in 2H14 is expected to take hold. "There are conditions to believe th... |
Germany: 2014 cement edges ahead11 March 2015, Published under Cement NewsCement consumption in Germany rose by 2.2 per cent YoY in 2014 to 27.1Mt, according to data German Cement Works Association (VDZ), which also predicts further growth in 2015. "Significant catch-up effects from 2013 and mild weather really bolstered cement consumption, particularly in the first quarter of 2014," said Gerhard Hirth, President of VDZ. However, the generally reserved economic climate had a dampening effect on construction investment over the rest of the year. "We experienced co... |
China succumbs to normality04 March 2015, Published under Cement NewsWith the gradual drop in China’s GDP growth to lower-single figures it has been argued that normality has returned to the world’s second-biggest economy. The cement sector has certainly responded by reeling in excess capacity as well as prioritising operational efficiency and higher environmental standards as the government pushes forward industrial reform. ICR looks forward to meeting delegates attending CEMENTTECH 2015 in Beijing, China on 27-29 April 2015 While the Chin... |
Pakistan sales seen rising 8% in FY15 on higher domestic demand03 March 2015, Published under Cement NewsPakistan cement sales are expected to rise by six per cent in the first eight months of the current fiscal, The Express Tribune reported citing provisional data compiled by Topline Securities. However, monthly cement sales are expected to decline three per cent in February to 2.8Mt compared to the month before due to the fewer number of days. However, on an annual basis the figure would translate to 2.6 per growth. Cement exports to Afghanistan, Pakistan’s largest export market, have rema... |
Russian demand expected to fall 15% YoY02 March 2015, Published under Cement NewsRussian cement demand is expected to decline by 15 per cent this year on the back of a reduction in housing and infrastructure development, according to forecasts by CMPRO. A recent note by the research house states that sales have dropped by at least five per cent since the start of 2015. The slow decline may continue for several years, it added. Lafarge expects that the strongest drop, by some 8-12 per cent, will be seen in central regions of Russia. Siberian Cement has predicted that ... |
Indonesian demand forecasts27 February 2015, Published under Cement NewsIndonesian cement market growth could reach 10 per cent this year driven largely by government infrastructure projects, according to forecasts by the country’s Ministry of Industry. Toeti Rahajoe, the ministry's director of downstream chemical industry, yesterday said that growth will also be driven by project development of the private sector. However, Widodo Santoso, chairman of the Indonesian Cement Association, puts market growth at seven per cent this year – provided the government re... |
Colombia dispatches up 14.5% in January27 February 2015, Published under Cement NewsThe Colombian cement market expanded by 14.5 per cent YoY in January 2015 as the country’s cement producer dispatched 927,800t of cement, according to the latest figures by national statistics office, Dane. Output rose 8.3 per cent to 0.9Mt when compared with January 2014. The strongest demand growth occurred in Nariño (+165 per cent), Cesar (+37 per cent), Magdalena (+36 per cent), while Antioquia and Bolivar saw dispatches rise by 25 per cent. |
Bolivia increases cement supply26 February 2015, Published under Cement NewsAs the Bolivian cement market surged 24 per cent YoY in 2H14, the domestic cement industry was able to increase output by 15 per cent. However, much has changed as the sector invested in new plants and pushed up production to improve the supply-demand balance. Corporación Boliviana del Cemento (Coboce) now produces around 70,000 bags per day to supply its markets of Santa Cruz, Cochabamba, La Paz and Beni. This follows an investment of US$100m in a new plant at Cochabamba. "The new fa... |
Peru cement dispatches down 1.7% but 2015 forecast up17 February 2015, Published under Cement NewsPeru’s cement dispatches fell 1.7 per cent in January due to an unfavourable construction climate and the change of local and regional governments, according to the country’s cement association, Asocem. In the first month of this year, 816,000t of cement was delivered – some 14Mt less than the year-ago period. Strong rains impacted on Peru’s building sector. However, cement production increased three per cent YoY as did exports, which saw a 126 per cent rise when compared with January ... |