Malaysia: budget for the future
Published 20 April 2021
Malaysia’s cement market has seen consumption slow in recent years due to political uncertainty and a mature residential market. Although COVID-19 stifled output in the 1H20, a new government and the largest budget in history for 2021 is providing much-needed hope for a rebound in cement demand and production.
Malaysia’s construction sector pins its hopes on the 12th Malaysia
Plan to revive infrastructure construction post COVID-19
Following growth of 4.8 and 4.3 per cent in 2018 and 2019, respectively, Malaysia’s economy is expected to have contracted by six per cent in 2020, according to the IMF. A recovery of 7.8 per cent in 2021 and six per cent the following year is predicted.
The arrival of Rhône Ciments cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Belite size is affected by several factors ranging from raw materials, the length of the burning zone, the fuels used in the production process as well.
Thanks to digitalisation, it is no longer unusual to parametise and commission single components remotely. Always thinking ahead, for the first time BE.
Russia on the rebound?
Published 05 April 2021
After returning to growth in 2019, Russian cement consumption stalled in 2020 due to the impact of the COVID-19 pandemic. Construction output stagnated during the year, but government programmes are expected to stimulate recovery and help cement consumption growth rebound, thus paving the way for cautious optimism in 2021. By Alexey Semenov, GS-Expert, Russia.
Support measures announced by the Russian government have become
stimuli for the domestic economy, construction industry and cement sector
The COVID-19 pandemic in 2020 had an extremely negative impact on both the Russian economy as a whole and its construction sector. At the end of 2020, GDP fell by 3.1 per cent YoY, industrial production decreased by 2.9 per cent, fixed asset investment was down by 4.1 per cent (accordinsuppg to data over the first nine months of 2020) and real disposable income of the population dropped by 3.5 per cent. The peak of the decline in all indica