Cement News tagged under: demand
India: marking time28 November 2016, Published under Cement NewsWhile the monsoon has been kind to India this summer and is likely to help a recovery in cement demand next year, India’s cement producers are still marking time as they wait for more sustained, double-digit growth reminiscent of better times in the past. Eyes, and hopes, are set on FY17-18. As the Indian private sector has not yet accelerated its spending all eyes are on the government to support the cement industry with an increased public spending programme Despite being o... |
Anhui Conch19 October 2016, Published under Cement NewsShares in Anhui Conch are being shorted at a level five times higher than that seen earlier in the year, prompting concerns over the future of cement share prices. China’s cement demand is currently being driven primarily by the country’s property market, which some analysts say is starting to cool off after a period of extreme growth. According to figures from the National Bureau of Statistics, however, new construction starts in China rose by 14 per cent in September, marking the fastes... |
PT Indocement19 October 2016, Published under Cement NewsPT Indocement, along with Indonesia’s other cement producers, is waiting on new regulations from the country’s government designed to curb expansion of the cement sector. The number of cement producers in Indonesia has risen from nine in 2012 to 19 this year, causing total annual cement production to jump from 59.3Mt in 2012 to 92.7Mt in 2016, while demand remains around the 65Mt mark. According to Fitch Ratings, capacity utilisation, which was approximately 85 per cent over the last three t... |
Kazakhstan: a nation’s vision17 October 2016, Published under Cement NewsWhile the need for infrastructure and housing is considerable in Kazakhstan, lower oil receipts, a depreciating tenge and sluggish global growth conspire against elevated levels of public spending. However, the government has pinned its hopes on foreign investment to meet construction demand as well as expand the cement production base, which in turn will reduce expensive imports. While cement demand growth rates of the past are not expected going forward, Kazakhstan still has a co... |
Semen Indonesia27 September 2016, Published under Cement NewsAs the country tackles tight competition and oversupply, Semen Indonesia is planning to partner with precast concrete firms to boost demand. With precast concrete producers using cement as a raw material, they provide a vital additional revenue stream for Indonesia’s cement manufacturers, many of whom saw revenues decline in the first half of the year as the economy struggled to recover. An unexpected boost in sales in August by almost nine per cent will come as a welcome sign to the coun... |
Banco Santander: positive outlook for Mexican cement companies07 September 2016, Published under Cement NewsBanco Santander analysts have upgraded their forecast on share prices of two key Mexican cement producers. The bank expects the company’s share price to rise 8.5 per cent in the next 12 months to MXN17.10/share. For Elementia, the share price would advance by 24.5 per cent in 2017 to MXN28/share. The bank said the share price increases were supported by a rise in cement prices by the companies. Cemex is expected to raise its prices by 18 per cent while Elementia would see a 25 per cent adv... |
Pakistan: cement demand to grow 8% in run-up 201822 July 2016, Published under Cement NewsThe Pakistani demand for cement during the ongoing FY16-17 and next financial year FY17-18 is expected to grow at a rate of eight per cent annually. This follows the government showing a strong commitment towards the China Pakistan Economic Corridor-led infrastructure development and its higher allocation of funds, up to 20 per cent of the PKR1.675trn (US$15.98bn) to the Public Sector Development Programme for the year. FY15-16 saw double-digit growth in industry dispatches. The strong do... |
Vietnam's new Master Plan13 June 2016, Published under Cement NewsVietnam is having to rebalance its cement output with expected market demand. While there have been limitations on the creation of new plants, there is now strong evidence for the government to encourage the construction of larger plants while phasing out the less economical smaller units. By Hai Khieu, StoxPlus, Vietnam. Vietnam is seeking to rebalance its cement and clinker supply to demand. This could take a decade to implement, says StoxPlus The overheated expansion of Vi... |
Mongolia explores export to Russia03 June 2016, Published under Cement NewsWith Mongolia’s cement production on the rise, the country may start exporting its surplus to countries such as Russia. National producers are currently studying the possibilities, according to local news reports. Demand in the country has risen with growing housing and infrastructure requirements. Mongolia’s cement production currently meets about 90 per cent of the domestic demand, which in 2013 reached 2Mt. With a capacity of 1.9Mta in 2013, the country has been importing cement to ful... |
PT Indocement25 May 2016, Published under Cement NewsGovernment spending on infrastructure is expected to drive up cement demand in Indonesia in 2016, according to PT Indocement. Following consumption growth of 3.4 per cent in 2015, the company says that it forecasts sales to rise by 3-5 per cent this year. Along with a fall in interest rates, the government has pledged an infrastructure spend of IDR313.5trn (US$23.51bn) this year, up by eight per cent compared to 2015. In anticipation of the rise, PT Indocement is building a new 4.4Mta integr... |