05-06 Oct, 2011 - Istanbul, TURKEY
Sheraton Istanbul Maslak Hotel
Sheraton Istanbul Maslak Hotel
"Formidable Growth Amid Political Uncertainty In The Middle East"
"Neighboring GCC countries (Kuwait & Oman) have announced major infrastructure projects that will absorb a significant exportable quantity from the UAE... In addition, Qatar is expected to spend almost US$60 billionwithin next five years in order to be ready to accommodate the 2022 FIFA World Cup..." Feb 2011, World Cement
"The multi-speed recovery of the construction sector in Oman is expected to continue on the background of the improving economic environment...Oman Cement Company expects the demand for cement to reach 5 million t this year." Aggregate Research, April 2011
"Saudi Arabia's cement sector recorded sales growth of 16 per cent in April, the highest in more than a year. The news is a sign confidence in the economy and appetite for projects is increasing." ConstructionWeekOnline, June 2011
With the global economy continuing to recover, cement consumption is on the rise with the revival of the construction sector and the announcement of some major infrastructure projects in countries like Qatar, Oman & Kuwait. Turkey, a top cement exporter to key markets like Russia and other parts of Europe is expected to grow by 60% in the next 10 years and ranked as the fourth biggest exporter in the orld (Source: Hurriyet Daily News, Jan 2011). However, not all is rosy for the Middle East cement sector as political unrest has forced a number of projects to be scaled back or suspended. Cement producers are also faced with escalating raw material cost forcing production cost and cement prices to be volatile.
Driven by demand, will the Middle East see greater opportunities in 2012 and compensate for the hit caused by the political tension?
CMT's 6th MiddleEast CemenTrade will shed insights on the evolving cement sector from global to regional to country perspectives.
CMT's 6th Middle East CemenTrade will highlight both critical issues & market intelligence:
| Top 5 Must Attend Reasons
Confirmed Speakers:
You will network with Senior executives from international/regional cement producers/traders, ready-mix concrete, pre-cast & building materials companies, cement raw materials suppliers construction/infrastructure/building/ equity/research analysts, project financiers/banks, engineering, technology & equipment providers, logistics & shipping companies
And many more! |
The cost of some of the most important building materials is soaring in Abu Dhabi, putting increased pressure
on the construction sector and in turn the property market.
A report released yesterday by the Statistics Centre Abu Dhabi (SCAD) found that the price of construction materials
including cement, steel and wires for residential towers, increased steeply last month compared with June.
The price of sand-based products recorded the largest increase last month, rising 17.7 per cent.
Costs for the material have grown more than 52 per cent since July last year, according to SCAD.
Compared with June, power cables now cost 3.3 per cent more, while the price of cement moved up 8.1 per cent.
Source: The National, Aug 21, 2011
The 6th Middle East CemenTrade conference seeks to examine volatile cement prices, and its impact on the construction sector and market dynamics.
Apart from this, experts will analyze key cement markets, logistical challenges, freight market outlook, export trends and supply-demand outlook.
Click here for more information on the agenda. If you have more enquiries, contact Ms. Grace at grace@cmtsp.com.sg.
28 Sep, 2011
The Cement Sustainability Initiative (CSI) is a global effort by 23 major cement producers with operations in more than 100 countries who believe there is a strong business case for the pursuit of sustainable development. Collectively these companies account for about one third of the world’s cement production and range in size from very large multinationals to smaller local producers.
The 6th Middle East CemenTrade conference, meeting in Istanbul on 5-6 Oct2011, will shed more light on CSI as well as share how the cement sector can be part of this global initiative.
As a matter fo fact, CMT is proud to announce the participation of Mr. Philippe Fonta, Program Director - Cement Sustainability Initiative (CSI) of World Business Council on Sustainable Development (WBCSD) and his contribution in the session on ‘Cement Sustainability Initiative: Making & Measuring Progress’.
His presentation will cover…
- Introduction to CSI: who we are, what is our geographic coverage, what cement production do we represent and how is our evolution?
- Scope of activities: from cement to concrete and to the whole product life cycle
- Sustainable development issues: CO2 and energy, alternative fuels, other emissions, water, biodiversity, health and safety and the associated work programme
- A learning and sharing experience: measure on the same methodologies, set specific company targets, share information
More information on program agenda & speakers available <<here >>
19 Aug, 2011
Despite the political turbulence across many countries in the Middle East, key industry leaders have an optimistic outlook on Oman and believe the construction sector as a whole will pick up from 2011, driven by infrastructure projects and the return of commercial and residential construction.
Oman's new five-year spending plan (2011-2015) foresees US$78bn of expenditure, representing a 113% increase on the last five year plan. Also, numerous contract awards and tender releases paint a positive picture for their construction sector. According to Key Projects Database, in excess of US$30bn infrastructure projects are underway or in the pipeline in the country. These factors indicate that Oman holds substantial potential over the medium term, and the forecasts reflect this outlook, with annual average growth of 6.26% forecast between 2011 and 2015.
The 6th Middle East CemenTrade to be held on 5-6 Oct, 2011 in Istanbul will be of strategic importance to the cement and concrete business in the Middle East - where market fundamentals that will alter the course of the industry in the months ahead will be discussed by key stakeholders in the region's cement sector.
In fact, to provide his perspectives on the future of the market is CEO of Oman Cement Company, Jamal Shamis Al-Hooti, who will speak on New Capacities & Outlook for Oman’s Cement Sector.
Full event schedule is already available online. Click here to view the agenda.
20 Jul, 2011
Iraq’s cabinet has approved a $692 million contract for the construction of a cement factory in southern Iraq, a government official said. The factory will be built in Diwaniya province, 150 km south of Baghdad, and will cover an area of about 185 acres, according to a statement from the office of government spokesman Ali Al-Dabbagh. The contract was awarded to a joint venture group consisting of an Iraqi company and an Italian firm, the statement said.
(Source: UAECEMENT, 18 Jun 2011)
The upcoming infrastructure project paints a positive outlook for the cement and construction industries in the Middle East. With economic development fuelling infrastructure investments, Iraq, will continue to be a robust market determinant for the cement industry.
The 6th Middle East CemenTrade in Istanbul (5-6 Oct) 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 regional market analysis for the GCC and Levant region with focus on India, Iran, Iraq, Oman and more.
The conference has secured Mr Zarkesh Fard Hossein, Export Manager, from Saman Cement Co., to address the cement trade situation in Iran to Iraq, focusing on cement demand and challenges.
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!
27 Jun, 2011
While last year’s political crisis in Yemen resulted in cement output dropping 80 percent, production in Iran and Lebanon surged ahead. Lebanon saw its production surge from two million to six million tons between 2006 and 2011, and Iran set a lofty goal of reaching 110 million tons of production capacity by 2015, after production jumped 18 percent and exports climbed 54 percent between March 2010 and March 2011. Production in Syria is also on the rise, with the completion of the Al Badia Cement plant and interest expressed by Turkish and Lebanese firms to set up additional plants. Syria is on track to suepass the 5.65 million tons produced in 2010.
(Source: CemWeek, March/April 2011, pg 38-39)
Aptly themed “Assessing Latest Market Trends As Construction Sector Rebounds",CMT's 6th Middle East CemenTrade summit sets out to explore cement trade & developments in key Middle East markets – including Iran & Syria! Categorically, the 1.5 day event will spotlight on impact of global cement trade flow on the Arab nation, role of Turkey as the crossroad between Europe and Middle East, regional cement market analysis, reality of the construction sector, logistics challenges freight market outlook and many other pertinent industry issues.
It’s all happening in Istanbul on 10-11 Oct 2011! Take a quick moment to >>CLICK HERE<< to review program agenda and/or pre-register today.
01 Jun, 2011
According to a newly released report, global consumption of cement grew 9.9% last year to continue a strong rebound in demand as the world construction sector picks up since the 2008 economic downturn.
Specifically, Turkey is listed as the world’s leading export nation of cement and clinker with sales of 19Mt in 2010, overtaking China which had close to 17Mt of export sales. Meanwhile, the report further states that many cement suppliers in the Gulf region are facing strong competition, impacting on sales volumes and values.
In view of above global trade scenario, the 6th edition of the Middle East CemenTrade conference to be held on 10-11 October 2011 in Istanbul comes at an opportune time to provide clarity on latest market trends as the construction sector rebounds. The role of Turkey as an important crossroad between Europe & Middle East will also be addressed during the conference.
Detailed agenda is currently being finalized, in the meantime one may contact Grace Oh at grace@cmtsp.com.sg for any questions or to request notifications once program is available. |
29 Apr, 2011
