20-21 Sep, 2010 - Dead Sea, Jordan, JORDAN
Movenpick Resort & Spa Dead Sea
Movenpick Resort & Spa Dead Sea
Only TWO weeks to go to the 5th Middle East CemenTrade meeting in Jordan and we’re pleased to announce a special addition to our panel!
Completing the exciting topics to be covered at the conference will be an expert analysis by Mr Dory El Khoury,General Managerof Samtra Partners Sal.
Mr. El Khoury will present on “The Future of Iraq’s Cement Industry” touching on:
- Supply/ Demand & Changing landscape
- New projects & Capacities
- Outlook & Challenges for the sector
Click here for the full two-day agenda, providing informed insights on Jordan, Saudi, Qatar, Egypt, Turkey, Iran, Levant & GCC, East Africa and South America/ Brazil markets!
In tally, the 5th Middle East CemenTrade conference has crossed the 100 participants’ mark in attendance, attracting largely cement/ cement raw materials producers!
Email sheilla@cmtsp.com.sg today for information on last minute registrations.
In just four weeks, the 5th Middle East CemenTrade will bring together decision-makers across the cement industry supply chain to the “Must Attend” cement event of the year!
Besides unparalleled current and forecasted market intelligence, attendees can count on more than 8 hours of quality networking time to exchange ideas, network and create long term business deals. On top of that, delegates at the 5th Middle East CemenTrade will have the opportunity to visit a new state of the art cement plant – Qatrana Cement Plant - at a minimal fee.
Contact the CemenTrade Team here for more details on the site visit.
In the meantime, see a snapshot of industry players already registered for the 5th Middle East CemenTrade, at the Dead Sea, Jordan.
“Brazilian cement market is experiencing fast-paced growth. Sales grew from 45 millions tons in 2007 to 52 million tons in 2009. This year, analysts expect it to reach 55 million in 2010.
Brazil is the third most rapidly growing cement market, behind only China and India. And with the country hosting both the 2014 World Cup and 2016 Olympics, it should spend even more on cement as it speeds up infrastructure projects.”
Source : http://www.investmentu.com/2010/March/the-global-cement-battle.html
On this note, the 5th Middle East CemenTrade is proud to announce the participation of Ivan Peralta Solano, CEO for Riogenil Trading S.A, and his contribution on the South America/ Brazil cement markets: Capacities, Demand and Future Outlook.
His presentation will cover…
- World Cup and Olympics: How much will it drive cement demand in Brazil
- Supply/demand dynamics of Chile, Panama and other key markets of S. America
- Logistics challenges & investment outlook
- Increasing influence of Middle East as trading partner for S. America
Full two-day agenda and details on the South American and MidEast cement markets at the 5th Middle East CemenTrade available << here >>
“According to the Central Bank’s Monthly Economic Review for February 2010, total cement production rose by 18.1 per cent in January 2010 compared with January 2009 to reach 292,769 metric tonnes. “Growth in cement production has been gradual but steady through the years, reflecting increased economic activity,” the review says.”
“…..Pakistan- based Atif Zafar, a research analyst at JS Research, said early this month that East Africa is a region of great potential for cement exports. There has been a construction boom in East Africa as well as in Mozambique and Madagascar, partly thanks to the foreign aid given to this region for infrastructure development, he said.” Source: Daily Nation, 24th April 2010
Recent reports such as above point to positive outlook for the East Africa cement market and the 5th Middle East Cementrade conference on 20-21 in Jordan is put together for this very reason. In fact, to provide their perspectives on the future of the market are key executives from East African Portland Cement and Fars & Khuzestan Cement who will speak on:
East Africa Cement Landscape – Trading Opportunities & Market Trends
and
Iran Export’s Prospects to the GCC and East Africa Market
Click here for more information on the 5th Middle East Cementrade conference in Movenpick Resort & Spa Dead Sea, Jordan
In the past three years, Jordan's average GDP growth was recorded as 4.75 per cent. It experiences some of the highest levels of foreign investment in the region and stayed resilient during the economic downturn. Source: Cityscape intelligence, 28th June 2010.
The cement sector is also a big contributing factor to Jordan’s economy as more and more investments are taking place in the country to meet both domestic & regional demand.
CMT will be holding the 5th Middle East CemenTrade conference, in JORDAN on 20-21 September 2010. This conference will not only provide an overall view of Jordan’s Mega Infrastructure Projects, Investment Challenges & Future of the Construction Sector, it will also provide an analysis of cement and concrete development, growth in Qatar , Saudi , Turkey, East Africa, Iran, Afghanistan and Iraq.
For more information, please click here.
“Iraq produced 7-million tones of cement a year, but demand was about double that amount”
MerchantBridge
A summary of an online report posted on Technical Review Middle East stated Iraq is set to look into major reconstruction efforts as it seeks to rebuild the country. Iraq has awarded UK investment and private equity company MerchantBridge a contract to upgrade a large cement factory. MerchantBridge is in partnership with France’s Lafarge to operate the plant, and aims to produce 1.8mn tones of cement a year by 2013.
A partner at MerchantBridge commented that “over the next three years, there’s going to be a major supply-demand gap”…
Click here to access the full article.
Key session on Iraq and the future of its cement market, in particular their demand/supply balance and capacity outlook is just one of the highlights at 5th Middle East CemenTrade to be held on 20 - 21 September at the Dead Sea, Jordan.
Click here for more information on program agenda & speakers.
“Foreign investment into Jordan should rise to $2 billion dinars ($2.82 billion) in 2010,
aiding a steady economic recovery...” 25 Apr 2010, Reuters
Jordan is a hot investment bed for cement producers as the Kingdom has witnessed an increasing demand for cement due to its rapid construction boom. For that reason, CMT’s 5th Middle East CemenTrade conference, meeting in JORDAN on 20-21 September 2010, will feature the following special sessions on construction and cement sector in Jordan:
· Jordan’s Mega Infrastructure Projects, Investment Challenges & Future of the Construction Sector
Speaker: His Excellency Prof. Mohammed Taleb Obaidat, Minister – Ministry of Public Works & Housing
· Qatrana Cement Plant – Project Feasibility, Challenges & Changing the Supply Dynamics in Jordan
Speaker: Rajan Killikurussi, Project Manager – Qatrana Cement (Subsidiary of Arabian Cement Company)
In addition to above, the 5th Middle East CemenTrade conference has also arranged for an Optional Site Visit to Qatrana Cement Plant (see details below)
The Qatrana Cement plant was established in 2007. It is located in Karak, Southern Jordan and is about 90 km South of Amman.The plant is expected to commence its operations in July 2010 with a production capacity of 5000 tons per day.
The plant technology, equipment design and supplies are by KHD Humboldt Wedag.It is powered by a special electricity generating station with capacity of 49MW consisting of 7 Diesel Generators manufactured by the Finnish Company Wartsila. MID Contracting Company carried out civil work and architectural designs.
The company is devoted to providing an excellent healthy environment for its employees through pollution and dust emission control utilizing the latest technologies of filters. With regards to production and systems management, the company adopts the latest technologies to be in line with modern industrial requirements. The company strives to develop the areas surrounding its plant by providing various community development projects in the fields of education and training and other programs based on the society’s needs.
If you need additional information about the conference and Site visit please feel free to contact Grace OH at grace@cmtsp.com.sg and tel: 65 63469147
"Saudi Arabia awarded development contracts worth $5.6 billion in the first quarter of this year as the Middle East’s largest economy pursues a five-year infrastructure program”. Arab News (April 2010)
Saudi Arabia has like other nations, boosted spending on construction projects to underpin economic growth, and has warned against early withdrawal of stimulus packages. The IMF expects the Saudi economy to grow by 3.7% this year after 0.15% of growth in 2009.
Saudi Arabia has like other nations, boosted spending on construction projects to underpin economic growth, and has warned against early withdrawal of stimulus packages. The IMF expects the Saudi economy to grow by 3.7% this year after 0.15% of growth in 2009.
Arab News quoted the Finance Ministry commenting that more than $400 billion will be invested until 2013 and will go towards essential infrastructure development and construction projects such as building schools, roads and increasing spending on healthcare and education.
Read full article here.
These upcoming infrastructure projects paint a positive outlook for the cement and construction industries in Middle East. With economic development fuelling infrastructure investments, Saudi, one of the largest cement markets of the GCC will continue to be a robust market determinant for the cement industry.
The 5th Middle East CemenTrade is a timely opportunity for all professionals from the cement supply chain to meet and discuss driving factors and concerns facing the cement industry, as well as obtain updates on regional market analysis for the GCC and Levant region with focus on key markets including Saudi, Jordan, Iran, Iraq, Oman and more.
Full event schedule will be released shortly. Click here for updates.
In the mean time, pre-register your name and find out what the Middle East cement industry are up to!
Recently, Global Investment House (GIH) reported that UAE’s cement capacity will increase by 19% in 2011.
The increase is in sync with the continuation of ‘big ticket projects’ that were initially put on hold. Additionally, along with projects going back on track, new projects are coming on stream.
Iran’s largest cement project, by Khuzestan Cement Company will add 5,500 tonnes to the country’s cement production capacity. This additional production capacity will place Khuzestan as among the three biggest cement plants in the country.
Oman is also active in ensuring the supply of cement will be sufficient to meet “ongoing infrastructure, modernization and economic development”.
Among all, Arkan, Fujairah Cement Industries, Al Madina Cement, Oman Cement and Raysut Cement are already active or looking at project expansions and plans to increase production capacities.
These new cement plants will help “domestic cement production capacity in a market that continues to enjoy around 10 – 12% growth in annual cement demand despite the global economic slowdown”. Read full article here.
Against such scenario and with several big new projects on its way, the 5th Middle East CemenTrade conference is the ideal platform for essential updates on the evolving cement markets in the Middle Eastern markets. It also offers first hand information and access to Middle East trading partners with a focus on Africa and South Asia.
The full program will be available soon. Keep an eye on the ‘event schedule’ for more information. For all registrations and enquiries, contact Marketing Manager, Ms. Grace Oh at grace@cmtsp.com.sg
Despite the credit crisis wave that halted major real estate activity and construction projects, the GCC cement sector enjoyed a strong 2009. In fact an editorial in Emirates Business 24/7 reported that GCC cement companies came out robust, and announced a 6.5 per cent increase in profits, from $1.4bn in 2008 to $1.5bn in 2009.
A new wave of infrastructure projects is set to generate significant demand for cement producers in 2010. Construction contracts awarded in the GCC increased 11.4% to reach $142.4 billion in 2009. In January 2010, the Kuwait Assembly approved a five-year $125bn development plan, to be implemented in April 2010. In Saudi Arabia, HSBC estimates that cement sales will rise by 22 per cent, backed by infrastructure development fuelled by the Saudi Government’s plans to spend over $400bn on infrastructure over the next five years.
Yet, despite the growing demand, concerns over oversupply and possible M&A activity have persisted and raised these questions: Will the industry's consolidation be local or regional? Will it create economies of scale through consolidated market share, buying power and cost savings from business streamlining?
The 5th Middle East CemenTrade conference, meeting in Dead Sea- JORDAN on 20-21 September 2010 will highlight the abovementioned critical issues, as well as share market intelligence. Discussions will address:
And many more!
Those keen to participate as delegates, media partners and sponsors can submit their enquiries and proposals to Ms. Grace Oh at grace@cmtsp.com.sg.
