Cement News tagged under: market
Southern African transitions18 March 2024, Published under Cement NewsThe cement markets of southern Africa have been gradually transitioning into more competitive areas with new investments. ICR reviews the young markets of Angola and Zambia as well as the more established market of South Africa. While expansion projects are at a low due to overcapacity, market entrants see an industry in transition as domestic producers adapt to a new landscape (© Dangote Cement) While Angola, South Africa and Zambia all witnessed a post-pandemic economic r... |
Algeria eyes improved exports14 February 2023, Published under Cement NewsA general election in 2023 has encouraged the Algerian government to push through reforms against the tide of rising inflation and cost of living crisis. Public revenues are stretched following the COVID-19 pandemic and low hydrocarbon prices. While the domestic market has been slow to recover, exports are bolstering producer revenues. With a domestic market slow to recover, Algeria’s cement producers are looking to exports to maintain capacity utilisation rates Algeria’s b... |
Turbulent times for Africa?17 September 2019, Published under Cement NewsFor the cement sector, turmoil has probably come to a head in many parts of Africa. Cement demand has slowed or fallen back into the red in many African countries, while overcapacity and low utilisation rates are characteristic of many markets. However, much of this turmoil is self-inflicted. Tony Hadley provides an uncompromising assessment of the industry on the continent and examines the root causes of business failure in some key markets. By Tony Hadley African Advisory. A perfect... |
Safeguard measures placed against imports into Philippines28 January 2019, Published under Cement NewsThe Philippine’s Department of Trade and Industry (DTI) has begun preliminary safeguard measures against cement imports from Vietnam amongst other countries. As such, the DTI applied duties of PHP8.40 (US$0.16)/40kg bag or PHP210/t (US$4/t). The safeguard measures will be in place for 200 days from 18 January 2019. Vietnam was the biggest importer of cement into the Philippines between 2014-17. In the first four months of 2018, cement imports from Vietnam accounted for 75.2 per cent of th... |
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... |
Mexico: better times ahead?16 October 2013, Published under Cement NewsMexico’s cement market is at a watershed moment with leading operator Cemex firmly in control of events at the top of the scale, but new production and the growing need for cement is likely to boost sales. So how far away are these better times for Mexican cement producers? GCC operates a cement plant (pictured) in Chihuahua, the largest state in Mexico After being restored to power last year, the centre-left Institutional Revolutionary Party (PRI) has been quick to galvanise Me... |
Strengthening a market leader21 August 2013, Published under Cement NewsThe merger of Cementos Lima and Cemento Andino into Unacem in 2012 led to the strengthening of Peru’s cement market leader. By combining forces, the new company benefits from improved competitiveness, operational synergies and significant cost savings. In addition, it moves the company into pole position to offer greater stock market liquidity and secure future investment. By Unacem, Peru. Following the expansion of Kiln 1, Unacem’s Atocongo plant has a cement capacity of 5.5Mta ... |
Supplying the Nordic market19 August 2013, Published under Cement NewsAs cement consumption in the Nordic countries is comparatively low compared to its European peers, most local producers ship significant quantities of their output to overseas markets. However, domestic cement companies supplying the Norwegian, Estonian and Latvian markets saw sales pick up in 2012 and can look forward to further growth ahead. Meanwhile, in other Nordic countries, markets remained subdued last year and a recovery appears a little way off. Norwegian civil engineering a... |
North Asia: mixed fortunes05 August 2013, Published under Cement NewsA cooling-off in cement consumption growth is giving China, the largest cement producer in North Asia and the world, the chance to reassess its industry structure to ensure a sustainable future. For other markets in the region, a surge in construction investment means growing demand, and new entrants are queuing up for a piece of the action. Private sector development projects are boosting Tokyo’s cement demand North Asian international relations have endured some difficult time... |
Supplying Africa16 July 2013, Published under Cement NewsThe Nigerian cement industry is developing at breakneck speed, with a drive that reaches beyond the country’s borders. At the forefront of this trend is locally-based Dangote Cement. Speaking at the Cemtech Middle East and Africa Conference held earlier this year, CEO DVG Edwin highlighted the company’s track record and its plans to expand its operations not only in Nigeria, but further afield in other west and central African markets. Dangote invested heavily in truck haulage and mod... |