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October 13, 2014

Jakarta, Indonesia

16th Asia CemenTrade Summit

China’s cement sector has been experiencing a slowdown. The country’s real estateinvestment, which affects more than 40 other sectors, including cement, rose 13.7 %in the first seven months from the same period a year ago at 14.1%. Vietnam is witnessing an oversupply of 8-12 mtpa of cement. The oversupply isfurther expected to rise as Vissai Cement Group’s new 7mt cement plant beginsoperations in 2014. Boosting exports seems to be a way to tackle oversupply in thecountry. Myanmar’s 9 new cement plants, once completed, expect production of approximately10.53 million tpa of cement. The country’s existing 15 plants, 3 state owned and therest privately owned, has a production capacity of 4.02 mtpa of cement. Bangladesh’s cement demand is growing at 8% per year. Among key developments is Holcim Bangladesh’s plans to invest Tk.300 crore, which will enable total cementproduction capacity in Bangladesh to reach 20 lakh tpa. PT Semen Indonesia has alsoannounced that it may acquire a cement plant in Bangladesh as part of its efforts toexpand business. Pakistan: DG Khan Cement is planning to start building a new cement plant at Hub,Balochistan in 2015 with a production capacity of 2-2.5Mt/yr and the project will costUS$250m. The plant will begin operations by the end of 2017. Cherat CementCompany will invest US$197m to install a new production plant at its existing site inNowshera, Khyber Pakhtunkhwa Province.

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