Cement production capacity of ASEAN and some countries in South Asia is expanding rapidly
Data from Indonesian Cement Association: In 2014, the cement sales volume in Indonesia was 60 million tons, with a year-on-year growth of 3.3%. Semen Indonesia has allocated $480 million in capital expenditure for the construction of the factories in Rembang and Padang in the year.
After a long period of political turmoil in 2014, the Thai military government has taken a series of measures to revitalize the economy in recent months, including the easing of martial law in some important areas to promote tourism and promote public investment. Siam Cement forecasts optimistically that domestic cement demand will increase by 6% year on year from 40 million tons last year. The company is looking for acquisition opportunities in Southeast Asia. Meanwhile, Siam City Cement PLC, Thailand's second largest cement producer, announced in February that Holcim had decided to sell its 27.5% stake in the company.
According to Vietnamese media, 19.5 million tons of cement and clinker were exported nationwide in 2014. This year, it is estimated that 25-26 million tons will be exported to Indonesia, Malaysia, Bangladesh, Taiwan, the Philippines, Cambodia and Sri Lanka. The good news for Sri Lanka's cement enterprises is that the new government's budget proposal will eliminate tariffs on cement imports from Malaysia, Vietnam and Indonesia. The proposal will allow competition with cement imported from India and Pakistan. If Semen Indonesia and local investors in Myanmar fail to reach a friendly agreement on investment and plant construction, Vietnam, Cambodia and Bangladesh may become recipients of their investment and plant construction. The company allocates US $50 million annually to support overseas plans. Myanmar's economy is expected to grow by 7.7% this year. The cement industry welcomes the government's upgrading plan, including the expansion and construction of roads, bridges, ports, airports, hotels, shopping malls, apartments, hydropower dams and factories. Although the construction progress will slow down before the November election, it is likely that there will be a large wave of investment plans after the election.
A report on the cement industry in India released by the India Brand Equity Foundation shows that the compound growth rate of the Indian market is about 8.96% from now to 2019. In order to meet the growing market demand, cement enterprises will increase 56 million tons of cement in the next three years. Some major investors have plans to expand capacity. For example, JSW plans to increase its annual capacity from 5 million tons to 30 million tons, UltraTech plans to build two grinding stations in Bihar and West Bengal, and JSW Cement has planned to build a clinker plant with an annual output of 3 million tons in Chittapur.
In recent months, the output of cement in Pakistan has increased by more than 6%. It is estimated that the cement output will reach 36.6 million tons by June 2015. Local media reported that the strong growth of private sector demand is one of the main reasons for the high consumption of cement nationwide. DG Khan Cement plans to build a new factory with an annual output of 2-2.5 million tons near the Hub, even though the country is trying to get rid of the power crisis and terrorism.
China Ethiopia Cement Industry Cooperation Seminar Held in Beijing
On November 15, 2022, at the invitation of the Ethiopian Embassy in China, China Cement Association and the embassy jointly held the "China Ethiopia Cement Industry Cooperation Seminar" in Beijing. The conference was held in two venues, online and offline.
Recruiting: Due to the business expansion needs of the company's departments, the following positions are now highly paid: manager of domestic trade team, manager of foreign trade, eloquent teacher of art institutions
Recruiting: Due to the business expansion needs of the company's departments, the following positions are now highly paid: manager of domestic trade team, manager of foreign trade, eloquent teacher of art institutions; The company enjoys favorable treatment, pays five insurances, takes a day off on Sunday, and the salary is negotiable. The company has a good environment and a large promotion space.
Cement Province Meets Staggered Peaks Intensively; Prices Rise Slightly in the Fourth Quarter
In the middle of November, the heating season in the north is coming, and cement enterprises around the country are also welcoming the winter peak shift. Recently, Henan, Shandong and other major cement production and marketing provinces have successively issued notices on off peak production of the cement industry, and the industry supply reduction is expected to increase again.
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