The Indian cement industry faces many unique challenges and opportunities in 2014 and beyond. Here we ask Alok Sanghi, the director of the independent Sanghi Cement, one of the world's largest single-stream cement operators, about his experiences and perspectives on producing cement in one of the world's largest cement markets.
The People's Republic of China (PRC), which spans 9,596,961km2, is the world's second-largest country by land area, behind Russia.1 With an estimated population of 1.36bn in 2014, China is the most highly-populated country in the world. It is home to a strong manufacturing industry and the world's largest cement market. Here Global Cement Magazine gives an overview of the Chinese cement industry and an update on recent developments.
After a 15-year absence the CBC Congresso do Cimento (CBC) returned for its sixth edition on 19 – 21 May 2014 in São Paulo, Brazil. Around 300 delegates from across the Brazilian cement industry and visitors from around the world, including Global Cement's David Perilli, came together to discuss, debate and deliberate the issues facing the industry.
Growth in Gross Domestic Product (GDP) per capita, a measurement of the average national standard of living, can be a contributing factor to cement demand. Increased industrialisation caused by economic expansion has a tendency to drive corresponding increases in cement consumption. This relationship is well known and has been widely used in the past to both judge the relative economic growth between nations and forecast likely cement consumption rates as a given nation's GDP increases. It is this latter use that the current article focuses on, examining the relationship of the two variables in detail across multiple years to assess the relevance of the measures as an accurate forecasting tool.
The Federative Republic of Brazil, which spans 8,515,767km2, is the largest country in South America and the fifth largest country in the world. With a population of 201 million in 2013, it is also the fifth most populous country world-wide. As the home of a developing cement market, Global Cement Magazine has produced an overview of the Brazilian cement industry, with particular focus on recent trends and economic developments.