Cement News tagged under: consumption
Angola: expanding an industry26 March 2014, Published under Cement NewsSince 2002, Angola has been recovering from the wounds left after almost 30 years of civil war. The entire country’s infrastructure was destroyed and had to be rebuilt, creating a huge pressure on cement consumption. The cement industry sector has developed fast and the country is now self-sufficient. By Guilherme Paiva, Cimenfort, Angola & Luis Silva, Nova Cimangola, Angola. Angola’s cement producers, such as Cimenfort pictured here and Nova Cimangola, anticipate further market ex... |
Brazilian Jan-Feb sales ahead YoY18 March 2014, Published under Cement NewsBrazilian cement sales in the first two months of 2014 increased by 8.7 per cent to 11.5Mt. Based on the number of days worked, the increase was four per cent YoY. In February 2014 alone, sales reached 5.6Mt, up 0.8 per cent compared to the year before based on the number of days worked. |
China: consolidating supply17 March 2014, Published under Cement NewsChina’s cement industry growth is likely to moderate as pressure on local government finances drives a shift away from investment-led growth. Meanwhile, the cement industry faces stricter environmental controls, inefficient capacity elimination and restrictions on new projects. Against this backdrop, consolidation of supply is likely to accelerate. By Ben Hartwright, Standard Chartered Bank, Hong Kong. The 15th China International Cement Industry Exhibition is being held 28-30 April 2... |
Vietnam Jan-Feb sales rise 6.7% YoY05 March 2014, Published under Cement NewsVietnam sold 8.4Mt of cement in the first two months of this year, up 6.7 per cent from a year earlier, the Ministry of Construction said. Of the total, 5.3Mt of cement was sold in the domestic market while about 3.1Mt of cement and clinker was exported. At present, the local cement industry has around 2.6Mt of inventory, mainly clinker. Vietnam’s cement sales are predicted to rise by 1.5-3 per cent YoY to between 62-63Mt this year, including 48.5-49Mt of domestic sales and 13.5-1... |
Lacklustre start to year for Spain19 February 2014, Published under Cement NewsSpanish cement producers can only hope for a better 2014 as demand figures for January 2014 show a 13.6 per cent fall to 764,011t, according to the country’s cement association, Oficemen. However, the rate of market contraction appears to be slowing somewhat. Over the past 12 months, consumption fell by 18.7 per cent. But recovery seems some time away as the result is worse than predicted. Oficemen had indicated in December that it expects a 7-8 per cent decrease for 2014. |
Thailand: Siam City Cement anticipates flat domestic demand in 201414 February 2014, Published under Cement NewsSiam City Cement Co (SCCC) posted flat volumes in the fourth quarter of last year and expects demand to remain subdued during 2014 due to the postponement of infrastructure and private sector projects. "In the fourth quarter of last year, the company saw flat volume, both QoQ and YoY. This year, the construction industry may not grow because of delays in large-scale infrastructure projects and private investments," the listed company said in a press release yesterday. However, the company... |
Argentina: producers benefit from modest rise in demand12 February 2014, Published under Cement NewsIn January 2014, Argentina’s cement plants shipped 931,738t, including exports, reflecting a MoM increase of 0.4 per cent and a YoY rise of two per cent. The domestic marked demand, which includes imports, reached 910,379t, noting a 0.5 per cent fall from December 2013, but a 2.5 per cent advance on a year ago. |
Oman's vision for growth05 February 2014, Published under Cement NewsOman is currently experiencing a growth spurt, which has been reflected in rising cement demand as public spending on infrastructure and real estate climbs steadily. Domestic producers are beginning to satisfy the market through increases in capacity and the prospects for the industry going forward are very encouraging. By Vijay Sridharan, Gulf Baader Capital Markets, Oman. The Sultanate of Oman is becoming an increasingly popular tourist destination, providing evidence of growth i... |
GCC: long-term focus03 February 2014, Published under Cement NewsGlobal Investment House (GIH) anticipates that cement demand growth in the Gulf Cooperation Council (GCC) region will advance from 4-5 per cent growth in 2013 to 6-7 per cent this year. Investment in new capacity is strong and confidence is returning to markets. So who will be the winners among the cement producers? By Hettish Karmani, Global Investment House, Kuwait. Cemtech Conferences & Exhibitions looks forward to returning to Dubai for its ninth Middle East & Africa event in ... |
SCG expects slower 2014 growth on impact of political instability31 January 2014, Published under Cement NewsSiam Cement Group (SCG) said it expects cement demand growth in Thailand to decelerate this year compared to the seven per cent advance seen in 2013, due to a slowdown in government infrastructure spending as a result of political unrest. Consumption has only increased by two per cent since the beginning of this year, versus a six per cent advance in the fourth quarter of last year, Reuters quoted Siam Cement chief executive Kan Trakhulhoon, as saying. Trakhulhoon has said growth of its... |