July 06, 2022

"Concrete is not a problem, concrete is the solution" - Rick Bohan, Portland Cement Association

Cement is one of the most used materials and also one of the industries with the heaviest carbon footprints globally. For Rick Bohan, Senior Vice President of Sustainability for Portland Cement Association (PCA), it's also part of the solution towards carbon neutrality. Concrete can make buildings more energy efficient, roads more fuel efficient, and it can be repurposed, recycled and reused over time, he says. With a holistic approach to the construction supply chain, PCA…
June 28, 2022

FOB prices in the Mediterranean Basin and Persian Gulf increase in June

Cement export prices for bulk ordinary Portland cement both in the Mediterranean Basin and in the Persian Gulf-Arabian Sea regions registered an increase of almost 1 percent month-on-month Pakistan’s cement exports decline in May Cement sales in Spain and Saudi Arabia increase in May
June 07, 2022

India and Nigeria to lead global cement capacity additions in 2022

Capacity additions this year will be led by India and Nigeria, with the first seeing rising demand while the latter is benefiting from high oil prices Cement production capacity in China to decrease by 2026 Western Europe and North America's capacities to remain flat this year
May 31, 2022

FOB cement prices in the Mediterranean Basin continue on an upward trend in May

Cement export prices for bulk ordinary Portland cement both in the Mediterranean Basin and in the Persian Gulf-Arabian Sea regions increased by almost 2 percent month-on-month East African CFR prices for bagged cement continued to rise in May Spanish cement exports continue to post decline in March Cement exports weaken both in Pakistan and Saudi Arabia in April
May 24, 2022

Asia ex-China and the Middle East to drive cement consumption in 2022

Cement consumption is expected to grow in Asia ex-China and the Middle East by an estimated 5 percent and 4 percent year-on-year, respectively, in 2022 While consumption in Western Europe is likely to grow, Eastern Europe and CIS is set to decline due to the Russia-Ukraine conflict Cement consumption in China is expected to continue to decrease due challenges in the construction sector
May 10, 2022

Cement consumption in 2022 revised downwards

Global cement consumption for 2022 is now expected to grow by 1 percent Consumption growth prospects for 2026 revised downwards on skyrocketing energy prices Cement consumption in the US to continue to grow this year
May 03, 2022

Higher production costs pressure FOB cement prices in March-April 2022

FOB prices for cement in the Persian Gulf and Med Basin increased month-on-month in April East African CFR prices for bagged cement also increased in April Cement exports from Egypt increased in January-February Saudi Arabia’s cement exports continued to decline in March
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