Cement News tagged under: demand

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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...

Petrocem 10th International Conference

05 June 2018, Published under Cement News

Congratulations to Petrocem, which celebrated its 10th biennial conference & exhibition at the Astoria Hotel in St Petersburg, Russia, on 22-24 April. Petrocem was established in the spring 2000 by ‘Journal Cement and its Applications’ and has gone from strength to strength under the committed leadership of Liudmila German, to become the pre-eminent gathering of cement leaders from the Russian Federation and surrounding nations, attracting over 500 delegates for this major anniversary celebr...

Cabo Delgado plant runs at third of its capacity

07 February 2018, Published under Cement News

Lack of demand has caused a cement plant in Mozambique to operate at a third of its capacity, according to Macauhub. The 0.25Mta facility was commissioned in October 2016 and represents an investment of US$24m. Despite its capability, the Cabo Delgado plant is producing just 300tpd. The low production level has been attributed to subdued demand in the northern region of the country. Paulo Wang, a director of the unit, says this could change when construction of natural gas facilities begi...

Pacific Cement Ltd completes upgrades to mill

15 January 2018, Published under Cement News

Fiji's longest-running cement manufacturer, Pacific Cement Ltd, has completed major upgrades to its cement mill, according the Fiji Sun. The renovation of the mill means that it can now produce 25tph, an increase compared to the 20-22tph rate seen previously. Sowani Tuidrola, chief executive officer, Pacific Cement Limited, has said that he is confident that the company will be able to meet all local demand. The demand for cement in Fiji has started to increase after the conclusion of the ...

Big Boss Cement launched in Manila

11 January 2018, Published under Cement News

A new cement business, Big Boss Cement Inc, was launched in Manila, Philippines, on Thursday, according to ABS-CBN News. The company plans to use lahar or other volcanic debris to produce cement, since the process requires less heat than conventional raw materials and therefore, will  reduce CO 2 emissions.  The chairman of Big Boss Cement, Henry Sy Jr, also serves as chairman of SM Prime Holdings. "There’s a huge demand for cement. The company believes we should be able to fill in the d...

Riyad Capital: Outlook for Saudi Arabia in 2018

08 January 2018, Published under Cement News

Riyad Capital will present its outlook for the Saudi Arabian cement industry in 2018 at Cemtech Middle East & Africa held between 17-20 February 2018 at the JW Marriott Marquis, Dubai, UAE. Santhosh Balakrishnan, assistant vice president of research, explains to ICR what to expect in the year ahead.  ICR: What impact will the ‘Saudi Vision 2030’ initiative have on the cement industry? Will we see the effects of this plan by 2018, or will it come to fruition later? Santhosh Bala...