Cement News tagged under: demand
Petrocem 10th International Conference05 June 2018, Published under Cement NewsCongratulations 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 capacity07 February 2018, Published under Cement NewsLack 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 mill15 January 2018, Published under Cement NewsFiji'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 Manila11 January 2018, Published under Cement NewsA 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 201808 January 2018, Published under Cement NewsRiyad 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... |
ACC Ltd expects demand to stay on course in 201828 December 2017, Published under Cement NewsACC Limited expects demand for cement in India to stay on course in the coming year. In its outlook for 2018, the company stated how the plans by the Government of India to boost economic growth and develop 100 smart cities will provide increased construction activity. “[The Government of India] plans to increase investment in infrastructure, as well as expand the capacity of railways and the facilities for handling and storage to ease the transportation of cement and reduce transportation ... |
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
Siam Cement predicts high demand for cement next year29 December 2016, Published under Cement NewsDemand for cement in the Asean region is expected to rise further in 2017, according to Siam Cement Group (SCG) President and CEO, Roongrote Rangsiyopash. Rangsiyopash argued cement demand would benefit from a cyclical upturn in the petrochemical industry and the continuous growth of the construction industry throughout the Asean. Roongrote Rangsiyopash expressed his optimism during the Thai Conglomerate's annual stockholders meeting where he disclosed a registered profit of USD404m fo... |
India: demonetisation stalls Indian cement recovery29 December 2016, Published under Cement NewsCement demand is unlikely to recover for another year due to demonetisation and an increase in prices for diesel and pet coke that has placed cost pressures on most cement makers, according to a report in The Economic Times. In a survey conducted by JM Financial, cement volumes across multiple markets were adversely impacted following implementation of the government’s demonetisation policy in November. The northern and western regions witnessed a 25-50 per cent fall in sales. Some sou... |
Russia: market volume down in St Petersburg and Leningrad13 December 2016, Published under Cement NewsFor 2016 cement demand in St Petersburg and Leningrad totalled 3.7Mt, falling short of the 4.3Mt estimated for the year in 2015. The main players in these markets are Eurocement Group, with a 58 per cent share, Cesla (18 per cent), Pikalevskaya Soda (14 per cent) and companies of the Eurocement Group in Belarus (six per cent). |