Hydraulic cement demand to reach 4.3 million mt worldwide in 2015

Source: The Freedonia Group, Inc., Cleveland

Global demand for hydraulic cement is forecast to rise 5.3 percent per year to 4.3 billion metric tons in 2015, valued at $335 billion, says World Cement, a new study from industry research firm The Freedonia Group.

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Canadian cement consumption to decline

Source: Portland Cement Association, Skokie, Ill.

According to a recent report by PCA Market Intelligence, the typical economic growth supporters of employment and energy sector investment have not translated into Canadian cement demand this year, and a 0.8 percent decline in consumption is forecast for 2011, followed by a moderate rebound of a 1.2 percent in 2012.

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Canadian construction to outperform U.S. counterpart in 2011, 2012

Source: McGraw-Hill Construction Analytic

In 2011, Canada's real GDP is expected to increase 2.1 percent, compared to a 1.6 percent increase in the United States, while next year, the Canadian economy is expected to grow 2.4 percent versus a 2.2 percent gain in the U.S., according to McGraw-Hill Construction Analytic's 2012 outlook for the Canadian construction market.

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PCA Board elects slate of directors

Source: Portland Cement Association, Skokie, Ill.

The PCA Board of Directors elected officers and a new slate of directors for the coming year at its Annual Meeting on November 15. Aris Papadopoulos (Titan America), was re-elected to serve as chairman of the Board and Sylvain Garnaud (Lafarge North America) as vice chairman of the Board.

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