8th CemenTrade Asia 2006 (Asia Cement 2006)
Venue: Hilton Hotel Singapore
|Event Date/Time: May 04, 2006||End Date/Time: May 05, 2006|
|Registration Date: May 04, 2006|
|Early Registration Date: Apr 01, 2006|
The current growth of investments and revival of residential and industrial construction across Asia signals a positive growth for the cement sector. Profits have been increasing in some markets whilst others are in oversupply.
Semen Gresik Indonesia had indicated that its “full profits for year 2005 would be up more than 50% from the previous year. This year (2006) the company expects to remain strong wtih growth as much as 7.5 to 8.5%” (World Cement, Jan ‘06). Does the positive growth in the company reflect the state of the industry in the country? How are other SE Asian countries doing? Will Vietnam continue to buy?
Acquisitions continue in Asia. “Holcim is preparing to become the largest shareholder in Huaxin Cement Co Ltd” (World Cement, ‘06). How about in rest of Asia? How much more will the major players invest in the regional cement companies?
In China, production of cement continues with several infrastructure projects lined up. South Asia too, is seeing a surge in cement demand. There is a huge potential for increase in demand for cement in Pakistan with import relaxation measures.
Investments and trade in cement continue unabated in the Middle East. Reconstruction in Iraq will mean more cement demand. But with Turkey, Egypt, Lebanon and Kuwait supplying to the country, how will Asia’s exports fare? Can Asia continue to supply to the region?
With China and Thailand supplying to the USA, will the destination continue to be attractive? What is the extent of demand/supply balance?
CMT’s 8th CemenTrade Asia brings together a key panel of industry players to assess the changing developments.
• Regional & global player’s investments and trade in the region
• Freight availability & rates for cement & raw material movement
• Supplying to the booming ME markets
• Use of alternative materials and fuels in Asia’s plants
• Update on US cement industry
• Reducing cost via plant upgrades and fuel management