24-25 Mar, 2010 - Singapore, SINGAPORE
Goodwood Park Hotel Singapore
Goodwood Park Hotel Singapore
What are the latest developments in Asia’s 2 big markets India & China? CMT's 12th Asia CemenTrade offers an in-depth look into the market barriers, consolidation trends & prospects in these major markets.
Cement markets across Asia are reaping benefits from the region’s economic recovery and the implementation of the government stimulus programs. The region’s top markets China & India are also paving the way for Asia's cement sector turnaround.
The Chinese cement industry, bolstered by the $586 billion stimulus package, enjoyed rapid growth in 2009. Meanwhile, the government is now studying the projected overcapacity in the industry, as the industry is working to upgrade old and inefficient facilities. Will China’s cement industry keep up it rapid pace of growth?
In India, a recent report in the Economic Times revealed stunning growth figures. Cement dispatches at the All-India level grew by a whopping 11.5% y-o-y in the Q3FY10. The article even cited reports by various brokerages on a robust 15-18% growth in the northern and eastern regions in India. Will this trend continue through 2010?
At 12th Asia CemenTrade, Ms. Low Po Ling, CFO of West China Cement Ltd. will be speaking on the Chinese market in her session entitled “Inland China vs. Coastal China: Prospects & Challenges”. Ms. Low will discuss market barriers and logistics constraints for upcoming markets like Shanxi and Sichuan, while touching on the demand/supply balance and future outlook for the cement market in china. Ms. Low will also offer insights on the impact of the Government Stimulus Package on the Cement industry.
Covering the India market is Mr. Diwakar Payal, Joint President (Marketing) at Shree Cement. Mr. Payal will be speaking on “Indian Cement Industry & Market outlook” touching on consolidation trends and capacity expansion, infrastructure and housing as market drivers, and mitigating surplus.
In addition to the focus on the India & China, 12th Asia CemenTrade will also provide essential market updates fromIndonesia, Vietnam, Greater Mekong Sub-Region and Sri Lanka as well as the Americas and Africa.
There is less than 2 weeks to the 12th Asia CemenTrade conference in Singapore, and those who wish to attend are strongly encouraged to submit their registrations immediately. Click on the link below to register.
