Cement News tagged under: outlook

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Cauldon’s six decades

10 January 2018, Published under Cement News

Last year saw Aggregate Industries celebrate six decades of cement production at the Cauldon plant, the first dry-process cement works in the UK. Ignacio Mirasol, plant manager at Cauldon, takes us through the plant’s history and how it has changed during this time to meet today’s market requirements. Aggregate Industries’ Cauldon plant celebrates six decades of history ICR: What was the cement plant’s initial capacity in 1957 when it became the UK’s first dry-process cement pl...

Pakistan receives a mixed outlook for 2018

03 January 2018, Published under Cement News

Pakistan’s cement industry is expected to face a series of challenges in 2018 such as decreasing profitability, high interest rates and an increase in coal prices. These factors make a high profit margin for the sector unlikely in the coming years. Reports show that cement bag prices have been placed under pressure by the opening of Cherat Cement’s second production line in the northern region. Alongside this, international coal prices rose by 23 per cent in the first quarter of FY2018 to...

ACC Ltd expects demand to stay on course in 2018

28 December 2017, Published under Cement News

ACC 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 ...

Improving markets for 2017

09 January 2017, Published under Cement News

While 2016 appears to have seen limited growth in global cement consumption, improved fundamentals and returns are in store for 2017 as emerging markets are expected to nearly double their YoY growth rate. By John Fraser-Andrews, HSBC Global Research. Figure 1: emerging market (ex-China) volume growth to outstrip new capacity in 2017-2018E Source: International Cement Review, company data, HSBC estimates Figure 2: country cumulative (2010-2015) cement price variation less...

Tanzania: cement producers optimistic for future

25 August 2016, Published under Cement News

In the face of overcapacity and cheap imports in the local market, cement producers in Tanzania remain optimistic about future prospects, which seem more positive in light of a continuing construction boom. Tanzania has an installed production capacity of 8.3Mta and a current demand of only 4.3Mta, but major infrastructure projects are expected to drive business and boost growth. Local producer Tanga Cement reported a decline in profit for 2015 compared to the previous year as a result of...

Turkey eyes export markets

20 July 2016, Published under Cement News

The Turkish cement market appears to be on a course of recovery as the latest data indicates robust growth in the first quarter of 2016. However, to reach healthy capacity utilisation levels, particularly in view of any new capacity to come online, the country’s cement producers will continue to rely on solid export sales, which have seen a fall in recent times. By Turkish Cement Manufacturers’ Association (TÇMB), Turkey. To achieve robust capacity utilisation rates in times ahead, Tu...

China succumbs to normality

04 March 2015, Published under Cement News

With the gradual drop in China’s GDP growth to lower-single figures it has been argued that normality has returned to the world’s second-biggest economy. The cement sector has certainly responded by reeling in excess capacity as well as prioritising operational efficiency and higher environmental standards as the government pushes forward industrial reform. ICR looks forward to meeting delegates attending CEMENTTECH 2015 in Beijing, China on 27-29 April 2015 While the Chin...

Algeria’s expansion drive

19 January 2015, Published under Cement News

As cement demand rapidly increases across north Africa, Algeria leads the region’s drive to increase its cement production capacity. Supported by an active housing and infrastructure construction sector, domestic cement demand is expected to remain high, offering plenty of opportunity for existing and new cement plants. Algeria’s housing shortage and a need for infrastructural development is expected to ensure a continued buoyant domestic cement market Algeria’s economy is on...

A brightening global outlook

06 January 2015, Published under Cement News

The construction outlook for the world is brightening. The average global growth (ex-China) should be better in 2015 1 compared to the previous year and the outlook for 2016 is better still. By Yuri Serov, Morgan Stanley, UK. Improving prospects for global demand growth in 2015, with an acceleration of consumption in five key markets The year 2014 marked a low point in global construction expansion. After an immediate bounce following the Great Recession, global construction gr...

Iraq can grow with security

23 May 2013, Published under Cement News

With considerable growth potential in the Iraqi cement market, the government is not only keen to rehabilitate the old plants but also aims to encourage new investors to enter the country. However, the task is a difficult one because of the continued political instability, the prospects for further unrest and inadequate energy supplies. Iraq’s cement industry has potential to grow, but it is restricted by political uncertainty and a lack of energy provision Iraq is a nation that...