Cement News tagged under: supply

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Namibia cement demand remains weak

02 May 2019, Published under Cement News

Competition between cement producers has brought down prices as domestic demand remains fairly low when compared with increasing supply, according to First Capital. In March 2019 domestic production capacity has more than doubled to 2.2Mta, when compared with 1Mta in March 2018 as Whale Rock entered the market. However, local demand remains at 0.6Mta. This has led to a fall in prices with First Capital highlighting a drop of 10.4 and 10.1 per cent for semi- and high-strength cement, respe...

Paraguay's MIC committed to ensuring cement supply

10 December 2018, Published under Cement News

Paraguay's Ministry of Industry and Commerce (MIC) held a press conference with representatives of the cement sector to address the reported scarcity of cement on the market. Vice President of Commerce, Pedro Mancuello, noted that action will be taken to ensure that there is an adequate amount of cement on the market at a suitable price for the consumer. "We are making an alliance with the National Cement Industry (INC) with the Secretary of Defense of the Consumer (SEDECO) and the Sub-...

Ukrainian embargo on Russian clinker imports will not affect supply

10 October 2018, Published under Cement News

The Ukrainian government’s embargo on Russian clinker imports will not create a shortage of products on the country’s market, according to Pavlo Kachur, head of the Ukrcement Association of Cement Manufacturers. "There is enough capacity for burning clinker on the Ukrainian market, so we don't need to import it, especially from Russia. According to Pro-Consulting, the capacity of clinker burning facilities in Ukraine is more than 15Mt. In 2017, we made 6.3Mt of clinker and imported 877,000...

Bhutan reportedly experiencing delivery delays

12 April 2017, Published under Cement News

With demand for cement rising in Bhutan, two of the countries leading cement manufacturers have been unable to deliver product to their customers on time, according to local press reports. In Phuentsholing, cement agents have been complaining about delivery delays from Penden Cement Authority Ltd (PCAL). Cement agents told national newspaper Kuensel that: “It has been difficult to get enough supply in recent times.” The cement agent, who is also an agent for Dungsam Cement Corporation Limi...

PT Indocement

19 October 2016, Published under Cement News

PT 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...

Africa's grey gold

24 November 2014, Published under Cement News

As investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear on the back foot, new entrants are keen to gain a foothold in the market and expand their operations in this increasingly-competitive market. By T Hadley, Baobab Advisory sarl, France. Figure 1: per capita cement consumption vs per capita GDP, 1995-2014 Africa’s cement consumption has d...

India: infrastructure boost to reduce supply-demand gap

30 September 2014, Published under Cement News

A significant increase in infrastructure investment under India’s new government is expected to raise cement demand and reduce the current oversupply in the country’s cement market. India’s present cement capacity stands at around 375Mt, but demand is currently lagging behind considerably at 300Mta. “However, this gap is likely to shrink as focus on revival of stalled infrastructure projects results in higher demand growth over next few years,” Alok Sanghi, director of Sanghi Cement Ltd, ...

Rep Congo: Sonocc threatens to cease Brazzaville supply

22 July 2014, Published under Cement News

Société Nouvelle des Ciments du Congo (Sonocc) has threatened to stop the flow of product to Brazzaville, Republic of Congo, after the government proposed a decrease in the cement price following the increase of VAT and transportation costs. "All these charges considered, we operate at a loss if we continue to transport cement to Brazzaville because we also have to rent rail cars. We have decided to no longer transport cement by train until the problem is solved, said Sonocc CEO, Wei Xinb...

West Africa surplus looms

21 July 2014, Published under Cement News

West African economies have performed well over the last decade, registering annual growth rates of up to eight per cent. However, as the region furiously builds new production facilities, overcapacity is set to hit the cement sector and the environment remains rather uncertain. By Trond Waerp & Finn Arnoldsen, Africa Consulting Services, Norway. West Africa’s cement producers can look forward to declining import volumes as the region is increasingly capable of supplying the domest...

Venezuela: supply issues raise cement prices 50%

05 February 2014, Published under Cement News

Venezuela’s cement companies started the year with operational issues, which have resulted in an irregular supply to customers and a poor performance of the construction industry. This has impacted on prices, which have seen an upward trend for some cement types. In 2013, cement output fell and in the third quarter, production fell 10.5 per cent. Construction sector sources said that Industria Venezolana de Cementos (Invecem), Fábrica Nacional de Cementos (FNC) and Cementos Venezuela are ...