Cement News tagged under: supply
PT Indocement19 October 2016, Published under Cement NewsPT 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 gold24 November 2014, Published under Cement NewsAs 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 gap30 September 2014, Published under Cement NewsA 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 supply22 July 2014, Published under Cement NewsSociété 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 looms21 July 2014, Published under Cement NewsWest 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 NewsVenezuela’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 ... |
Vietnam’s balancing act04 December 2013, Published under Cement NewsThe economic slowdown and the real estate bubble in Vietnam have resulted in a sharp decrease in cement demand in the past few years and an oversupply is envisaged in the years to come. However, the overall surplus situation barely scratches the surface, as balancing regional supply and shortages poses a far more complicated issue that must quickly be addressed. By Huong Thieu and Duy Nguyen, StoxPlus Corp, Vietnam. While the north and central Vietnam faces a surplus cement supply sce... |
Argentinan capacity at its limits?07 November 2013, Published under Cement NewsCement production capacity in Argentina is reaching its limit, according to Sitio Andino. The rupture of a filter that paralysed Loma Negra’s San Juan works for a month-and-a-half, at a time when the Mendoza construction sector enjoyed a recovery, has highlighted the tight fit between supply and demand in the South American country. Delivery lead times shot up to 30-45 days and prices surged at retail level to around US$58/50kg bag. Loma Negra and Holcim, two major cement producers recog... |
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... |
Iraq can grow with security23 May 2013, Published under Cement NewsWith 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... |