Cement News tagged under: demand forecast

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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...

Philippines: a clean bill of health

31 January 2018, Published under Cement News

More than a year has passed since President Rodrigo R Duterte took office in the Philippines and the country’s cement market continues to see strong growth. However, incumbents face challenges in the form of increasing imports and new entrants. Additional capacity is needed as key players fight to retain their market share. By Manas Tamotia, LEK Consulting, Singapore. Republic Cement, a joint-venture between CRH and Aboitiz Equity Ventures, has invested some US$300m to increase cli...

Mexico: a tough year ahead

22 January 2018, Published under Cement News

The slowing housing sector and constraints to the public purse have impacted Mexican cement demand in the past two years. The year ahead will present further uncertainties as the country goes to the polls to elect a new president and NAFTA is up for renegotiation. However, the domestic cement industry is in relatively good shape to weather the risks. By Luis Manuel Martinez, S & P Global Ratings, UK. Mexico's cement industry is well equipped to face a challenging 2018. (Pictured: Ceme...

China: order and growth

06 March 2017, Published under Cement News

Following a drop in apparent cement consumption in 2015, China’s cement industry has been destocking ever since. As a result, the country’s cement market has started 2017 on a positive note with cement inventories reported to be decreasing. This resilience is supported by improved producer discipline, increased cooperation between top players and robust government investment in infrastructure and housing. By Addison Dai, DBS Vickers, Hong Kong. China’s cement plants, such as Heidelber...