Free press releases distribution network?

Agency / Source: PMR Corporate

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Cement Markets in CIS Countries Continue to Grow Reports PMR Corporate - With an 11% growth in cement consumption in 2010 and a further 12% growth expected for 2011, cement producers in the countries of the former Soviet Union have been able to forget about the dramatic events of 2009
Cement Markets in CIS Countries Continue to Grow Reports PMR Corporate

 

PRZOOM - /newswire/ - Cracow, Malopolskie, Poland, 2011/09/21 - With an 11% growth in cement consumption in 2010 and a further 12% growth expected for 2011, cement producers in the countries of the former Soviet Union have been able to forget about the dramatic events of 2009.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

When there was a reduction of more than 20% in the consumption of cement in the region. The countries’ vast infrastructure development and housing needs are to be addressed by the governments in the near future, which should boost per capita cement consumption in most of the CIS countries. In anticipation of growing demand, local producers are busy raising their cement production capacities and also investing in the sustainability of their plants.

Russia, Ukraine, Kazakhstan, Belarus, Uzbekistan, Azerbaijan, Moldova, Turkmenistan, Georgia and Armenia are former Soviet Union countries sharing numerous links, with a total population of more than 260 million and a total area of 22 million square kilometres. In both 2006 and 2007, the annual increase in the monetary value of cement consumed in these countries was close to 80%, reflecting a steep rise in cement prices and an ongoing construction boom in these countries. In 2008, the increase in the combined value of the cement markets in the region slowed to 6%, and this was followed by a steep, almost 50%, contraction in the CIS cement market, a result of tumbling prices and falling demand.
In terms of volume, the combined consumption of cement in the ten countries grew at an AAGR of 14% between 2003 and 2007 and reached a peak of 100 million tonnes in 2007. This was followed by a slight, less than 1%, reduction in 2008. During the following year, the majority of cement producers in the region witnessed a dramatic reduction in demand for their produce, with the steepest declines seen in Russia and Ukraine, the two largest CIS cement markets, as well as Moldova. On the other hand, countries such as Uzbekistan and Turkmenistan proved resilient to the global downturn and saw their cement consumption grow by 25% or more that year. Overall, total consumption of cement in the ten former Soviet Union countries has fallen by almost a quarter. Demand in the region was satisfied mostly by produce from local plants, along with additional supplies from countries such as Turkey and China.
The cement markets in the region recovered in 2010, with a nearly 11% year-on-year increase in combined consumption for the whole year. This will be followed by an even more substantial increase of 12% in 2011 and an 8.5% growth in 2012, which will be prompted by the numerous projects carried out as part of the preparation for key events to be held in the region, such as the 2014 Sochi Winter Olympics, as well as the implementation of ambitious road infrastructure and housing development programmes rolled out by the governments, especially in the countries rich in natural resources such as Russia and Kazakhstan. As a result, combined cement consumption in the region should exceed 100 million tonnes as soon as next year.

Until 2008, cement production in the ten countries in question grew by more than 10% each year, as cement plants strove to meet growing demand. As a result, output in 2007 exceeded the figure observed four years before by more than 50%. In 2008, however, the 90 cement plants operating in the region reduced production levels to just over 90 million tonnes – with Russia accounting for 60% of total output – in order to adjust to the more modest demand for, and increased imports of, cement to the region. This was followed by an 18% reduction to fewer than 76 million tonnes in 2009, as construction activity declined substantially across the CIS. The growth in cement production was resumed, at 10%, in 2010 and in the current year production will keep pace with cement consumption and grow by 12%.
In anticipation of increased demand in the future, cement producers have – sometimes with government support – embarked upon numerous cement production capacity upgrade projects. By and large, the goal is to replace imports of cement with domestic production, and possibly increase export volumes at the same time. This strategy, applied simultaneously in several countries, could, however, lead to cement overcapacity in the CIS region in the next few years.

This press release is based on information contained in the latest PMR report entitled “Cement market in the CIS countries 2011 – Development forecasts for 2011-2014”.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: PMR Corporate

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


Cement Markets in CIS Countries Continue to Grow Reports PMR Corporate

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: PMRCorporate.com 
+48-12 618 90 00 marketing[.]pmrcorporate.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PMR Corporate securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From PMR Corporate / Company Profile


Read Construction/Architecture/Infra Most Recent Related Press Releases:

PCL Construction Wins Five Top Projects Awards
CIMIC Investment, HLG Awarded A$215M Project in Qatar
CIMIC's CPB Contractors Wins Water Treatment Plant
Business of Design Week 2016 Architects Drafting the Future City
CIMIC's Thiess Awarded Contract Expansion & Extension At Melak
Major Step in Unique Engineering Project as Chernobyl Arch Slides into Place
CIMIC’S CPB Contractors Wins Amberley Base Upgrade Project
VINCI Airports, the Caisse Des Dépôts and Crédit Agricole Assurances Finalise the Acquisition of 60% of Aéroports de Lyon
CIMIC Investment, HLG Awarded AED490m Project in Dubai
PCL Construction Recognized for Building One of America’s Top Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  K A C, Images and U, LLC

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today