Cement News tagged under: demand

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Algorithmic demand forecasting

09 July 2019, Published under Cement News

The use of advanced analytics is now common practice in many industries. It is not only the tech giants such as Google, Amazon and Facebook that apply algorithms to make smarter, faster and unbiased decisions. Players in industries such as natural resources, materials processing and building materials have also started to apply advanced analytics to improve their business performance. A recent publication by the Boston Consulting Group 1 (BCG) makes the case that cement producers need to em...

Demand for coal from India's cement sector rises in FY18-19

27 June 2019, Published under Cement News

India’s coal demand increased 9.1 per cent YoY to 991.35Mta during the fiscal year ended March 2019, according to the country’s Coal Minister, Pralhad Joshi. However, India’s supply shortfall more than doubled to 23.35Mt. This has been attributed to Coal India’s inability to meet demand from the cement and sponge iron industries. Demand from the cement sector surged 70 per cent to 37.22Mt in the FY18-19. In the FY18-19 coal imports rose 12.9 per cent YoY to 235.24Mt from 208.27Mt. Mr J...

Using plant cost profiles

16 May 2019, Published under Cement News

As in January 2018, Dr Michael Clark has once more spent most of the last month developing manufacturing cost profiles for cement factories in different geographies across the globe. This time, Dr Clark considers how these profiles may be used to provide a competitive advantage. Holcim established its facility in Ste Genevieve, Missouri, USA, benefiting from the low distribution costs due to its convenient location on the Mississippi River Regular readers of the Technical For...

Namibia cement demand remains weak

02 May 2019, Published under Cement News

Competition between cement producers has brought down prices as domestic demand remains fairly low when compared with increasing supply, according to First Capital. In March 2019 domestic production capacity has more than doubled to 2.2Mta, when compared with 1Mta in March 2018 as Whale Rock entered the market. However, local demand remains at 0.6Mta. This has led to a fall in prices with First Capital highlighting a drop of 10.4 and 10.1 per cent for semi- and high-strength cement, respe...

China's cement production level to hold steady through to 2020

29 April 2019, Published under Cement News

China's cement output has fallen from a peak in 2014 but will hold steady through 2020, according to a report from global ratings agency Moody’s. The lower production volume reflects the closer of inefficient capacity and winter production, where the government reportedly seeks to reduce emissions. "The lower production volume and steady demand support the price of cement," said Roy Zhang, assistant vice president and analyst. "Such prices will help sustain producer margins." Prices are ...

JSW Cement to look at inorganic growth

11 December 2018, Published under Cement News

India's JSW Cement has announced that it will be looking at inorganic expansion to reach its target of increasing capacity to 20Mta by 2020. The ongoing bad-loan resolution process has opened up opportunities to acquire cement assets in India. The company views the assets of debt-laden companies to have a strong potential to grow, while enabling swift scaling and optimisation of these capacities, according to a statement. "The company views the improving economic growth scenario, continu...

Mexican cement industry optimistic about announced housing programmes

30 November 2018, Published under Cement News

The Mexican cement industry has welcomed announcement of social housing programmes by the new government voted into office last July. "In Mexico there are 7 million families with the potential to enter into schemes of construction or improvement of housing. Meeting their needs can be a growth driver; This type of initiative has been very successful in Colombia and Peru,” said Mauricio Doehner, president of CANACEM, the national cement chamber. However, Mr Doehner’s optimism included a ca...

Cement demand rises in southern India

21 September 2018, Published under Cement News

Cement demand in southern India is increasing alongside growth in infrastructure and housing, according to N Srinivasan, chairman, India Cements. "After a long time cement demand is slowly picking up in the south, which has the problem of capacity overhang having 160Mt (out of a total capacity of 400- 425Mt in the country) against the demand of around 70- 80Mt," said Mr Srinivasan. The southern region recorded a 20 per cent rise in output in the first quarter of FY18-19, on the back of an i...

Vietnamese prices could rise in September

13 September 2018, Published under Cement News

Vietnamese cement producers may increase prices this month as a result of the increased demand seen in the construction season, according to the Department of Price Management under the Vietnamese Ministry of Finance. However, the prices of popular cement products, such as PCB30 and PCB40, remained stable in August. Vicem affiliates are currently supplying the two types of cement at a price range between VND1-1.47m/t (US$42.9-63/t), depending on the product and specific producer.

New report predicts rising pressure on producers to cut emissions

19 July 2018, Published under Cement News

A new report by Moody’s Investors Service suggests that the cement industry could face demand growth of 12-23 per cent by 2050, resulting in a challenge to meet this demand and still make large-scale carbon emissions cuts. "Regulation of the industry is likely to increase and a rise in carbon prices under the EU-ETS combined with a reduction in allowances to the cement sector would have a significant impact on the cash flow of EU cement producers, in the event cement makers were unable to p...