In the run-up to the publication of the Global Cement Directory 2014 we have released a Beta (draft) version for readers to provide corrections, clarifications or additions ahead of the final publication in late November 2013. In this week's issue of Global Cement Weekly we cover news stories on new cement plant or production upgrade plans in Azerbaijan, Kazakhstan, Mongolia, Niger and Venezuela. This demonstrates how fast cement production can change around the world in just one week!
Looking at the major trends of the past year, we see a gradual re-emergence of 'developed' economies from the Global Financial Crisis of 2007 - 201? - with an increase in cement demand that is patchy in the extreme. The US cement market is starting to heat up - but it starts from a historically low base. Former superstars stars like Spain and Italy are still firmly in the Doldrums and show no sign of growing, countries that are becoming used to a painfully permanent lower cement demand.
India has suffered from over-capacity (whilst at the same time building even more capacity – one wonders how the industry still manages to make a profit). China's cement industry continues to defy gravity – partly through state support and partly through central edicts as to which plants will close (handily reducing nominal overcapacity) and which will stay open. Chinese cement plants have rapidly been installing environmental abatement equipment amidst an ongoing environmental crisis in China. It remains to be seen if China can avoid a 'hard landing.' Other Asian countries are progressing well a full 15 years after the Asian Crisis.
Africa continues to get its act together and could yet become a global cement demand powerhouse. South America shows strong promise, particularly Brazil. The Middle East is a perfect example of the old saying "Be careful what you wish for."
Download the Beta version of the Global Cement Directory 2014 (free download - registration required)
