"Fresh Optimism to Mitigate
Regional Cement Glut" "“Saudi Arabia has announced expenditures of 690 billion SR (Saudi Riyal) in 2012 budget, which would be allocated in various development projects country wide and thus lead to surge in the overall demand of cement in the country. Moreover, Oman and Qatar should also continue to report higher cement demand on the back of increasing government projects and expected start of various infrastructure projects ahead of 2022 football World cup."
Jan 2012, Halal Tamweel "Beleaguered Omani cement producers will be able to raise prices by 2013 as dumping from the oversupplied UAE market slows and demand improvesdomestically and abroad."
May 2012, Muscat Daily The Middle East is showing renewed growth. The GCC markets are growing with strong demand from Saudi, Oman, Kuwait, Qatar, as the construction sector booms. UAE market is more complex - while price have risen, volumes are still depressed. Demand for cement is expected to increase dramatically in Iraq as the country develops its infrastructure and build 2.5 million houses by 2015. On par with this development, Iran continues to meet demand from neighboring Iraq and seek export opportunities to supply markets as far as Somalia. Cement consumption in East Africa continues to grow and has become a crucial export region for the GCC, especially for countries like Oman due to its logistics competitiveness. Driven by the revival of construction projects but dampen by overcapacity, how will the regional cement markets evolve to meet challenges? CMT's 7th Middle East Cementrade explores key market insights and valuable forecasts that prepare your business for the coming year!
| Key Highlights: - Country specific forecast and trends - Saudi Arabia, UAE, Oman, Kuwait, Egypt, East Africa and more!
- Ascertain the changing landscape of the cement industry & expectations for 2013
- Focused session on East Africa - from markets to logistics challenges to impact of PPP on cement consumption
- Outlook and cost competitiveness of fuel -petcoke vis-à-vis coal
- Dry bulk freight market and cement trading trends
- Network and exchange ideas with international panels of speakers and delegates gathered in one location!
And many more! Confirmed Speakers:
- IA Cement Ltd.
- Union Cement Norcem Co. Ltd.
- ASEC Cement
- Global Investment House
- HC Trading
- Auto Chartering International
- Riyadh Cement Co.
- African Alliance Securities
- Group DML Ltd
- Argus Media Ltd. |
You Will Network With: Senior executives from
international/regional cement producers/traders,
ready-mix concrete, pre-cast &
building materials companies,
cement raw materials suppliers
(slag, fly ash, steel, coal),
construction/infrastructure/building/equity/research analysts,
project financiers/banks, engineering,
technology & equipment providers,
logistics & shipping companies
(dry bulk and cement carriers) |
