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  4. Global Panorama: Central Asia

Global Panorama: Central Asia

 

World Cement,

Central Asia

Across the region, the Asian Development Bank (ADB) has predicted that the depreciation of the national currencies will trigger inflation. Low oil prices will negatively affect the budget in several countries that rely on windfalls from hydrocarbon exports. Falling oil prices will be a curse for the region.

Kazakhstan intends to meet domestic demand for cement when its new plants at Rudny, Kokshe-Cement Enterprise, BI Cement and the modernisation of the facilities at Shymkent have been completed. Cement imports are currently 1.5 million tpy. In Turkmenistan, a new 1 million tpy cement plant is being planned this year for Lebap province, while in Uzbekistan, which has six cement plants with a total installed capacity of over 7 million t, Almalyk Mining-Metallurgical Complex JSC intends to increase capacity of the Jezzakh plant to 1 million tpy this year. All three countries will suffer as a result of the drop in oil revenues.


Written by Paul Maxwell-Cook. This is an excerpt from World Cement's July 2015 issue. Subscribers can read the full issue by signing in, and can also catch up on-the-go via our new app for Apple and Android. Non-subscribers can access a preview of the July 2015 issue here.

 

Global Panorama: Asia

Paul Maxwell-Cook continues his round-the-world cement industry overview, this time examining the cement industry in Asia.

Global Panorama: Middle East

Paul Maxwell-Cook looks at the effects of oil price declines and civil unrest on the cement industry in the Middle East.

Global Panorama: Africa

Paul Maxwell-Cook introduces this year’s World Review – featured in the July issue of World Cement – with an overview of the cement industry in all the global markets, beginning with Africa.

Steppe Cement reports FY14 results

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