Cement News tagged under: market report
GCC: a return of fortunes?17 February 2020, Published under Cement NewsThe performance of the GCC cement sector improved significantly in 2019 when compared with the previous year as higher domestic consumption combined with increased export demand. For 2020, the outlook remains equally promising, supported by expansionary budgets and the normalisation of relations between GCC countries. Most of the GCC countries, including Oman, announced expansionary budgets, fuelling expectations of increased construction activity going forward GCC cement sec... |
Bangladesh: robust and stable16 January 2019, Published under Cement NewsLarge-scale infrastructure, growing urbanisation and strong foreign direct investment are fuelling rising cement demand in Bangladesh. But will it be enough to utilise production capacity as new plants come on-stream and existing works are upgraded and modernised? Bashundhara Cement’s Mongla plant has a production capacity of 2.65Mta, which, along with its 2.4Mta works in Madangonj, makes the company one of the largest producers in Bangladesh Bangladesh’s aspirations to becom... |
Brazil’s balancing act22 June 2016, Published under Cement NewsBrazil is home to one of the world’s leading cement industries with one of the most modern production bases. A slump in domestic demand, however, coupled with a lack of infrastructure investment, means it will be some time before cement demand climbs back to the levels seen in 2013-14. Some producers hope to fill the supply gap between falling domestic demand and rising output with the promise of export riches. By Marcel Tau Cerneiro, LAFIS, Brazil & ICR Research, UK. Votorantim Cime... |
Bangladesh awaits more funds23 December 2013, Published under Cement NewsBangladesh’s has a fragmented cement sector with a multitude of independent grinding units, making it one of the most competitive markets in the world. It has no abundant, natural-lying domestic limestone reserves, but there is a wealth of opportunity for cement and clinker importers to establish grinding plants near the main population areas. Bangladesh’s low-lying coastal regions and settlements on river banks are prone to severe flooding as occured in June 2012 Bangladesh ... |
Waiting for the light19 November 2013, Published under Cement NewsWith cement demand growth slipping below six per cent in 2012, India appears to have fallen short of expectations, in spite of remaining a high-growth market by global standards. As the NCB prepares for its 13th International Seminar on Cement and Building Materials on 19-22 November in New Delhi, ICR looks at the prospects of India’s cement sector. The beginning of 2013 proved a challenging time for the Indian cement sector. As production capacity continues to rise, the industry i... |
Brazil: market developments04 November 2013, Published under Cement NewsBrazil’s recent economic woes have impacted on the scale of the cement sector’s profits and factory utilisation rates, but there is plenty of need for capacity expansion according to industry players. Gearing up for future growth is not an opportunity to be missed it would seem. Southeastern Brazil has been the main area for the country’s cement consumption, but the northeast is now beginning to increase demand The cement industry is a vital sector for Brazil, and over the ne... |
CIS cement developments09 September 2013, Published under Cement NewsCement demand in the CIS markets of Azerbaijan, Kazakhstan, Turkmenistan, Ukraine and Uzbekistan has demonstrated sound growth in recent years, particularly in light of some of the corrections seen in parts of Europe. The region is now seeing the entry of a number of new players as well as the expansion and modernisation of existing facilities as producers look to keep in line with further increases in demand and employ the most modern and efficient production techniques available. Th... |
Peru: outwards and upwards27 August 2013, Published under Cement NewsAs Lima, Peru, hosts the 2013 XXX FICEM-APCAC Technical Congress on 2-4 September 2013, ICR takes a closer look at this Latin American country. A strong construction industry has kept cement producers busy in recent years and the global recession has had limited impact in Peru. Exports have also experienced steady growth, helping local works to sustain capacity utilisation rates despite the recent completion of plant expansions and new projects. The picture ahead promises yet more demand gro... |
The pendulum has swung10 April 2013, Published under Cement NewsEd Sullivan, the Portland Cement Association’s (PCA) chief economist and group VP, comments on the current state of the US economy and reflects on trends for the non-residential and residential housing sectors and public construction outlook. He states that a change has already begun and that pent-up public spending demand may well start to be released going forward. Ed Sullivan of the PCA gives his outlook for the US economy and cement consumption in 2013-14 The United States’ ... |
Spotlight on the Sun Belt03 April 2013, Published under Cement NewsThe global economic downturn hit the southern US cement markets hard but to varying degrees with new capacity additions compounding the issue. As the region begins to slowly recover, this article looks at the prospects for cement demand in light of economic fundamentals, as well as the outlook for cement utilisation rates and recent constraints on pricing. By Rob Roy, ROI Economic Consulting, USA. The South and West’s expected population growth and attractive low cost of living put th... |