Cement News tagged under: outlook

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Jordan: seeking opportunities

21 November 2018, Published under Cement News

In an interview with Khaled Huraibat, chairman of the Jordan Cement Producers’ Association, ICR finds out more about the latest developments in the country’s cement sector ahead of the 23rd AICCE, which takes place between 20-22 November in Amman, Jordan. Mr Huraibat highlights the challenges for the cement sector and provides his view on possible solutions. Khaled Huraibat, chairman of the Jordan Cement Producers’ Association ICR: The IMF has forecast economic growth of 2.5 pe...

India’s changing trajectory

07 November 2018, Published under Cement News

After a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profitability of the major producers. Furthermore, the country’s capacity utilisation is at risk as new investments may push the supply-demand imbalance further. Mumbai is expected to benefit from several large-scale infrastructure projects, including a US$2.4bn airport and a new INR180bn Trans-Harbour Link bridg...

FLSmidth reports 71% order increase in 3Q18

07 November 2018, Published under Cement News

FLSmidth has released its interim 3Q18 report and recorded a 71 per cent order increase to DKK7.164bn (US$1.102bn), on the back of two large cement plant orders in Central America at a combined value of DKK1.9bn. This brought the order backlog to DKK17.2bn, the highest level in three years. "It makes us proud each time a customer selects us to deliver and install mission critical equipment or grants FLSmidth an important service contract to enhance productivity. At the same time, our stron...

Turkey’s overseas view

18 October 2018, Published under Cement News

The Turkish cement industry has seen its export volumes rise from year on year, making it Europe’s largest cement exporter and the third-largest in the global rankings. Key exporters include Batiçim, Nuh Cement and Medcem, all of whom benefit from well-equipped export operations in strategic locations. By Turkish Cement Exporters’ Association, Turkey. Turkey’s surplus capacity has enabled the country to build an extensive export base Turkey’s total domestic cement sales reached ...

Europe’s positive prospects

24 September 2018, Published under Cement News

Political developments across Europe have created considerable market uncertainty, due to potential policy changes unsettling the construction market. However, prospects for the region look widely positive as the majority of leading countries continue to recover. ICR considers the current state of the European cement industry. Germany’s housing sector is expected to be the key in driving construction demand in Europe’s largest cement market Europe’s economy is showing modest but...

Ready to rise again?

20 August 2018, Published under Cement News

Following the country’s recent presidential election, the economy of South Africa has returned to positive growth. ICR looks at the impact this has had on its highly-competitive cement industry and how other factors such as overcapacity mean that it remains a challenging environment for producers. Cement consumption in South Africa is set to stabilise following the recent political developments The election of Cyril Ramaphosa as the South African president following the resigna...

India: fast forward

30 July 2018, Published under Cement News

India’s 425Mta cement industry, now in its 104th year of existence, plays a pivotal role not only in the country’s growth but also on the global stage. With an output of 280Mta in 2017, it is the world’s second-largest producer and supplies the second-most populous country. How does it view its future? By Ashutosh Saxena, National Council for Cement and Building Materials, India. The NCB’s Acting Director General, Ashutosh Saxena, highlights the positive expectations for the Indian ce...

Embracing a new world

25 July 2018, Published under Cement News

Jan Kjærsgaard, recently appointed as FLSmidth’s Cement President, shares his views on the challenges and opportunities facing the cement production industry. He discusses how FLSmidth is taking bold steps to help the industry address some of the most pressing issues, highlighting the need for greater simplicity, more focus on the full lifecycle, and embracing the inevitability of digital. Jan Kjærsgaard, FLSmidth’s recently-appointed Cement President, shares his views ICR: Wha...

Managing change

18 July 2018, Published under Cement News

HeidelbergCement’s acquisition of Italcementi in 2016 has accelerated the growth of this major global cement and aggregates giant, which is now ranked as the fourth- largest player worldwide with 195Mta cement capacity across 44 countries. Much of the company’s success is down to agile management and the financially-astute leadership of Dr Bernd Scheifele, widely regarded as one of the best CEOs in the business. In this revealing interview, Dr Scheifele discusses the rationale for the Italce...

Emerging from the clouds?

12 July 2018, Published under Cement News

Following the recession that significantly impacted the Brazilian cement industry, recent months have seen a more positive picture emerge as the domestic economy recovered. While political uncertainties continue to cloud the industry’s prospects, the country’s high housing deficit and urgent need for better infrastructure provide some rays of hope. By Sindicato Nacional da Indústria do Cemento (SNIC), Brazil. Following three years of challenging market conditions, Brazilian cement pro...