Issuu on Google+

  

2010 CemWeek India Cement Business Sentiment Survey

Sponsored by:



www.cemweek.com www.cwgrp.com


 

CW Group Research

2010 CemWeek India Cement Business Sentiment Survey Global Cement Industry.

Knowledge‌ through Research.

 cw icbss v072510


2010 CemWeek India Cement Business Sentiment Survey

    &      

                      

 

      "  %      %    

     #   $   

 

"     

    ! !               

 

" !$ -"$!%(!"&&####"#!"&, #"! !#* &%"$!)("$!%("&(##&"!!"##! !###!( ##'##!&!)#",%($&#"!%$"$,  !#####(!" #"*!" ""!($",## (%* !# #"!$"#!(!"$+*#(!*$*!#*

( * !$ * !* $#* #(#!", !$ %"#""$!%(!"### #"#!""$!%%#!"" " "#%.#!!&##!#!(,#$#!"""!"$!##( $"#!.#!$#*#$#"!!(##, !$ &"###('$#%"&#!$##*!#"# ##""$!%(,  !#$!*&&$##   ! ! !    !#!"$ !##"$!%(,  ($&#!"$#"$!(""%$#($!!$"$($!&! "",!"$#""$!)!!%$#$""&#$#%%!"#"&## #$"#!("#!"!$!!"!!##"!%",  $!""!(*      $"#"  &&&,&, &&&,&! ,

 

   --







- /


2010 CemWeek India Cement Business Sentiment Survey

      

    !"%' "#% "! ) 











! %% # !  ! !    ! %) ! "#    !  ! !)

"'$      ' !  # %$ #) ! %% #!%    % ""  %   # $ %  )   #% $     '!  # "  %  )

   ' ! %,#+!&,   %! ! ! %) 



 ##      (236  #  !   %' 3/6  ) # "  #  !!  !"%)

' % ""  $ %  #     #! !" %) 



!'3/6$  "     " %' !   #  !   !     ! %)

 !   %  %" ! &    %)

% ! !#   %     "!!!! # +!) 



#1.6 !  #!!    "!! %) ! # # # '# +! !  %)

 

   ** 







*0


2010 CemWeek India Cement Business Sentiment Survey

   

 



$)*-%("7))%$"()*#$*&(%+(1%""%-$$$*(#)%%+*&+*2**$%&(" <:;:1*)*%(%&(*%,(;?:#$*&"$*)-*%#$&*/%<<>#""%$*%$)&(/( 5#*&/61%($*% $7)#$*$+*+(()7))%*%$2 +($)"/(<::C&(%+*%$*;@@2A#""%$*%$)1(&()$*$%+*).*%),$&($*%* "%"<::C&(%+*%$*%$$2)&*)(;@?2B#""%$*%$)%(*/(1-".&%(*)% #$*$"$!(#%+$**%(%+$%$*%*-%&($*2$&(&*))1#$*%$)+#&*%$$

$)%+*;B:!&(&()%$1%#&(*%;1;::!$$1?::!%$,($*+(%&$$%$1 <>:!$*$*)**)$=?:!$<C:!$+))$(0"1()&*,"/2 "()*#$*#$+*+(())%$&(%+*%$&*/#(!*)(( %"#4%$*(%"" $#+ 5<;F61%""%-/()#3"*(*5;CF61 $#$*)5?F6$ /&(%+&5?F61$ (%+&5>F62(#$$#(!*)(5>@F6)"/$+#(%+)#+#$)#""$+)*(/&"/() )-"")+$*)%$*($*%$"#$*%#&$)1)+) ($ "(#$*2

      )*%(""/1* $$#$*)*%())$(& )$*1(%-$*-$$$$*$&($*%$ ,(&(/((%#)"/(<::>*%)"/( <::B2(")**%%#(%#<::>*%<::B$,(4 $()$$,)*#$*)$$()*(+*+(/%** &(,*)*%($%,($#$*-()%#%* &($&"(,()%*)(&(%-*2

Map of India and regions

$"*<::C$"$+&*%*        

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

  -*$*&*%$%*$)*%%#2$+*+(()"("/#(*&%)*,#%#$*+#1+* $"/)*)*+($$()$"/)*$*%+**$(*(#2

   33#!







3&?


2010 CemWeek India Cement Business Sentiment Survey

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

    22







2 A


  

  

 

 

  Now itâ&#x20AC;&#x2DC;s time for our grinding technology. For further information please call +49 211 5353 0 or visit www.loesche.de

 


2010 CemWeek India Cement Business Sentiment Survey

       ! %0./. !!"%/10""   ! % *  #    $    $   %* %'        

  !      ,"#) 

!! (



%  %(



(



&  (



% (



 "  (



!*

 ' !"%   # %# ! %" "  year.   !!"%' !   "#  *  !    ##% "  !"%' !  %   "!"! %  *

KHD 10,000 tpd line built for Jaiprakash in Himachal Pradesh

Photo courtesy of KHD Humbolt Wedag

   ++







+2


2010 CemWeek India Cement Business Sentiment Survey

     "&# "( %  #    "      ""  %

     "    ! "        #  "  % #  !   "#    "$ /47  "!    #!.37       # 1-7!     %  !"       )027*)/17*% Figure 1: Participants by organizational level and function Trainee, intern, student 3%

Trading & Other logistics 2% 3% Analyst, technician, engineer 10%

Manager, team leader 40%

Engineering & maintenance 24% Sales & marketing 36%

CEO, head of business unit & GM 29%

Department, region manager 18%

Production 8%

Finance, HR & administration 5%

Other 22%

 

     "!"    #     &"%   !( % Figure 2: Geographical distribution of participants

East India 12%

West India 28%

North-East India 2%

South India 20%

North India 38%



   '' 







'4


2010 CemWeek India Cement Business Sentiment Survey

Figure 3: Participant sector distribution

Other 17% Cement manufacturer 47%

Industry analyst, consultant 21%

Equipment vendor Cement trader 10% 5%

         "&'*#                                        Table 1: Location of manufacturing firms

Type of company

East

North

North-East

South

West

Cement manufacturer

15%

38%

3%

18%

25%

Cement trader

14%

14%

14%

29%

29%

Equipment vendor

7%

7%

<1%

40%

47%

Grand Total

14%

31%

3%

23%

29%

           

                              

              

   !! 









!%$


2010 CemWeek India Cement Business Sentiment Survey

Figure 4: Change in profitability

72%

83%

Improvement / Increase No-change

18% 10%

8% 9%

Last 6 months

Next 12 months

Deterioration / Decrease

  "*'/       &+/ 

   # " 

        " +/   #            

     #         &'#+(/      +/      #    

    "   #   ")*/       ',/   #                        

    



     #    

      !       

#  Table 2: Changes in profitability by region in the past six months

Location

Decrease

No change

Increase

East India

13%

13%

74%

North India

2%

9%

89%

North-East India

<1%

<1%

>95%

South India

16%

16%

68%

West India

16%

35%

49%



    $$ 







$&&


2010 CemWeek India Cement Business Sentiment Survey

Ăż  Ăż233Ăż%4'5Ăż64Ăż75Ăż58Ăż58Ăż9Ăż%74;;694<=74'

Do more with less Clinker

CHRYSOÂŽ Activators

CHRYSO is proud to introduce to the Indian Cement Industry a new generation of Grinding Aids:CHRYSOÂŽActivators. This new range is dedicated to cement with mineral additions and has been developed through CHRYSOâ&#x20AC;&#x2122;s extensive efforts in R&D in collaboration with main International Cement Groups across the world. CHRYSOÂŽActivators allow the Cement Manufacturers to: ÿÿ  ÿÿ  ÿÿ Ăż  Ăż Ăż  ÿÿ  Ăż ÿÿ Ăż Ăż Ăż ÿÿ  Ăż Ăż    Ăż ÿÿ ÿÿ Ăż Ăż !ÿÿ ÿÿ Ăż Ăż  Ăż Ăż Ăż Ăż"  Ăż  Ăż Ăż" Ăż Ăż   Ăż ÿÿĂż  ÿÿ Ăż Ăż  Ăż    ÿÿ Ăż#Ăż$Ăż% Ăż'ÿÿ Ăż% Ăż'(Ăż Ăż ÿÿ !Ăż )Ăż Ăż Ăż  ÿÿ*  Ăż  +Ăż CHRYSOÂŽActivators range is available both in chloride and non-chloride versions to enable the cement manufacturers to meet the stringent standards in India. CHRYSOĂż Ăż  Ăż Ăż,/01Ăż$*$(Ăż Ăż Ăż*  Ăż ÿÿ Ăż  Ăż   (Ăż ÿÿ ÿÿ  ÿÿ Ăż    Ăż Ăż   Ăż Ăż ÿÿ Ăż ÿÿ Ăż ÿÿ (Ăż

 ÿÿÿ ) ÿÿ ÿ  +ÿ Registered & Corporate Office - 38=7ÿ>!ÿ?(ÿÿ@(ÿ ÿB !ÿ9ÿE!  ÿ<44ÿ467ÿ9ÿÿ9ÿ2 ÿ 67ÿ33ÿF3;<ÿ3;5HÿÿF3;<ÿ3;5<ÿ9ÿ# )ÿ9ÿ267ÿ33ÿF3;<ÿ3887  Officeÿ9ÿ;H(ÿ   ÿ (ÿÿ7<(ÿ@  (ÿ?  ÿ ÿ9ÿ544ÿ<43ÿ9ÿÿ9ÿ267ÿFFÿF<86ÿ3H47ÿ9ÿ# )ÿ9ÿ267ÿFFÿF<86ÿ3<;7 Mumbai New Delhi Officeÿ9ÿ1ÿ76=>(ÿÿ6ÿ9ÿ?,*$ÿ9ÿF47ÿ347(ÿ/ÿ9ÿÿ9ÿ267ÿ7F4ÿ5<Hÿ3F44ÿ9ÿ# )ÿ9ÿ267ÿ7F4ÿ5<Hÿ3FFF Chennai Officeÿ9ÿ$936ÿ*,ÿ*  ÿJ ÿ9ÿ    ! (ÿ$ (ÿ ÿ9ÿH44ÿ468ÿ9ÿÿ9ÿ2 ÿ 67ÿ55ÿFHF5ÿ8<;<ÿÿ5377ÿ7553ÿ9ÿ# )ÿ9ÿ267ÿ55ÿFHF5ÿ<647



    







 


2010 CemWeek India Cement Business Sentiment Survey

#"& #"     ($ &8/;       % %    +24;    ,    (    ! !38;     &# 20;    ( Table 3: Profit expectations by region for the next 12 months

Location

Deterioration / Decrease

No change

Improvement / Increase

East India

13%

13%

74%

North India

8%

2%

90%

North-East India

<1%

<1%

>95%

South India

3%

6%

91%

West India

14%

16%

70%

  ! #!   %     "!$ &                (       " 72;&%6/;   $   ##  ( %  %"      &  %    "   %(

         &60;       "   $  #11;  (#"& # * & #     !   &70; $     % &#  ! 06;     " ( #     #  !  !     ! %  '75*8/; !&!! "&$     #6/*61;  %$     (

  % !     "#  !"!   ! "  %    ( !    &     "   ! !& !#   %  $ 01* %(

   )) 







)02


2010 CemWeek India Cement Business Sentiment Survey

Figure 4: Change in demand

71%

81%

Improvement / Increase No-change

22% 7%

17% 3%

Last 6 months

Next 12 months

Deterioration / Decrease

                  "      (*/           (*/         "     )+/        

  "                               !              "    ,&/                       " Table 4: Changes in profits and demand in the past six months

Change in profits Change in demand

Decrease in Profits

No Change

Increase in Profits

Improvement

47%

46%

80%

No change

27%

35%

18%

Deterioration

26%

19%

3%

Grand Total

100%

100%

100%

 



    ##  







#')


2010 CemWeek India Cement Business Sentiment Survey

Table 5: Expected profits and demand change in the next 12 months

Profit expectations Demand expectations

Deterioration

No change

Improvement

Deterioration

75%

<1%

25%

No change

8%

16%

76%

Improvement

7%

7%

86%

Grand Total

9%

8%

83%

         

        

       $#'                ! !                       

       



      









"#


2010 CemWeek India Cement Business Sentiment Survey

Table 6: Expected demand change in the next 12 months by type of respondent

Type of company

Decrease

No change

Increase

Cement manufacturer

2%

9%

89%

Cement trader

14%

14%

71%

Equipment vendor

<1%

14%

86%

Industry analyst

4%

24%

72%

Grand Total

3%

14%

84%

                       #  !       !

           

 

    !  

      #  

        !      '        $ %       

     

        !  '     #

           !  

        #!       

  

          # Figure 6: Change in kiln usage rates

64%

73%

Improvement / Increase No-change

30%

23%

5%

4%

Last 6 months

Next 12 months

Deterioration / Decrease

  !.-1  

                ! ,)1       "-+1  

           && 









&*.


2010 CemWeek India Cement Business Sentiment Survey

   1*4%  $/-4 !    #  $,-4     ".4    %  $0*4      1*4!    !+, %"$"/*4 #  !  $ -*4!    % $  &    %

        $             %            " " (( % $           "    % $          "  " "  %"$  

  % Figure 7: Changes in cement prices

55% 78%

Improvement / Increase 23%

12% 10%

21%

Last 6 months

Next 12 months

No-change Deterioration / Decrease

 /04         !   +*4   %

   '' 







'+/


2010 CemWeek India Cement Business Sentiment Survey

   !    $    ! # % 2,7! !    .-7 !  &   !#$    "   & 127" $./7" $ .-7"&

! #  # "   #  #&   #  $

    #&

 #    !# 1.7 "    137 &! $    !#&       ## "  (237)  -17 "  &

      #  #   #$!#--7  & ! $/17   107  & #$   ! #       &! $        # &  $  #1,7   # -27 & $ 217   

 # &  Figure 8: Change in employment

54% 76%

Improvement / Increase No-change

35% 22%

11%

Deterioration / Decrease

2%

Last 6 months

Next 12 months

   #   # & 327"  #  ..7" %#.7"   ##"-.&

   '' 







'-4


2010 CemWeek India Cement Business Sentiment Survey

Table 7: Expected changes in employment

Decrease

No change

Increase

Cement Manufacturer

4%

19%

77%

Cement Trader

<1%

33%

67%

Equipment Vendor

<1%

11%

89%

Industry analyst

<1%

41%

59%

Grand Total

2%

22%

76%



$"  ! &! !!!& &*"!# $ !! !! !'$! !80;%!!  % &!, "&  !  !"! -*" !" 67;!"!" %!! &!!56; !"!  ! 50;" !&& ! * !$!&!  ! !!76;! !! $ &!! ! % ! $! !"! &!# !%!&*"&'#80;!  !!%&!# ! ! %! %!!!"! *$#'40; ! !! !!&!! ! %! %!# ! !! !&!&*! !!'! !  !#"   ! $!!!" !&*

      !'  !" !&!!  !!%!" ! !! #!&*

#'73;!!"!" !!& !!"! !  ! %! "!13;!!!  !!* !"!" %!! !" ! " !"! !"!!%!""! !%!12! )77; ! ! %!"12;%!! " !"!# *

 '$#' ! !!!  ( "!'50;!"!"  $!%!!%!""! !!#77;' 30;%!*  !   !"!" ! !!(80; !!"!" !!!&%!! " #! &!$!!!!!  * 

   ++ 







+18


  "!  %  !$   !$  )     !!        "& !&         &    "         &         +%  %     #' !    ' #'$   # $  ,, % # % * # '   &$   !##%     '*   " !%  #'+ %$ )      # ! # '#   % $   %  ' #'# *    "   %$%%  #'#,   &) # )& #!$)  '  

# # #*       %,# '  ) #     # ) !!$ )  %)

 &#' )  '*#   $  ##*       % !!

       #'

!! %  #'       *     "!   '    "!   '    "!      !!!& ! & ' * ! & '%3-(1,.(0/,(-102


2010 CemWeek India Cement Business Sentiment Survey

Figure 9: Changes in capital budgets

84%

Improvement / Increase

88%

No-change Deterioration / Decrease 14% 2%

12%

Last 6 months

Next 12 months

           "                   

   #  .3        

".,3   -+3   #

                  

            

#       

      

        #                # Figure 10: Emphasis on fuel sources

2% 2% Last Six Months

Coming Year

6%

5%

69%

5%

4%

63%

2%

17%

20%

2%

2% 2% Bio fuels

Industrial wastes

Consumer wastes

Other

Coal

Diesel

Electricity

Natural gas

  "/03 

       !   

   *)3           & %  "  " 

'#

   $$ 









$+*


2010 CemWeek India Cement Business Sentiment Survey

    !                         #          /,4            *,#.4#   !                  !          #

                *+"1-4            !14       !                  # Figure 11: Outlook for industry

84%

Improvement / Increase No-change

8% 9%

Deterioration / Decrease

Next 12 months

                 !               !             **      #    % .04      &         %/04       &               #            ! !             !                 #     ! 0)4             !   0.4          #       ! 1)4             ! ..4            # 

   $$  







$++


2010 CemWeek India Cement Business Sentiment Survey

Figure 12: Outcomes and expectations

72%

Profits 54%

Employment

83% 76%

71%

Demand

72%

Input Costs Cement Prices

76% 78%

55%

Last 6 mths

81%

Next 12 months

            !                           #   !           &   .05   '               #                  &025  0+5'                 &# #!1-5      '# Table 8: Differences in regional terms (% expecting to see increases)

Last 6 months

Next 12 months

All India

West India

All India

West India

Profits

72%

49%

83%

70%

Employment

54%

50%

76%

79%

Demand

71%

56%

81%

72%

Input Costs

72%

73%

76%

84%

Cement Prices

78%

80%

55%

54%

                   &+15   '        #         !   %                       " -25        ./5       #  !                  !           &.*5      '   #



    $$  







$+,


2010 CemWeek India Cement Business Sentiment Survey

Photo courtesy of KHD Humbolt Wedag

 # %"  #  )3-7  407* )3/7  4.7*& $%$"$   )417  327*&"!%$ !" $ $  &         !"    #  % $  "  !$ & "  #      $  $  $      $&  % $  "$ &#          

 %   !  $%  !   & " !   %        " !%    " ( $!)&&%  *&

("  $!%  !   !$& !$   $  %  " ( # ! & %"   $  ( $/-.- !$%  $  #&        $! # $ ""   &



    '' 







'/1


2010 CemWeek India Cement Business Sentiment Survey                         

$ !%"$ &   %%#% %!!%$!% $$&    "  !&  "% " %   & # $&     &  !$'  $ & %$  !$# !$ $ " #" $ & #$$ % &  $% $ & %$%# $!!$! $&  " 

%#$#         

          

    !    %!% $&    !  &



    







 








CW Group Research provides high-quality and data-centric custom and published market research. Our research and report services help companies conduct and leverage research to provide clear direction for business decisionmaking.

The CW Group Research provides management advice and market information to large and small organizations, combining quality with value whether the need is for a quick answer to an information problem, more detailed desk research, primary research, or outsourced research support.

From simple studies to complicated research programs, the CW Group can offer detailed studies on a variety of topics in the cement and building material sectors:

• • • • • • •

Market and country research Due diligence research Competitive assessments Opportunity assessments Plant capacity surveys Customized surveys And much more

Contact us at inquiries@cwgrp.com or at +1-702-430-1748.




 

Electrostatic Precipitators

Rotary Kiln

Fans

Air Systems Limited A company that provides One-Stop Shop Solutions for all types of Air Pollution and Air Quality Control Services, Scrubbers, Electrostatic Precipitators, Fans, Kilns, Replacement parts, Site Inspections and RetroďŹ t Services. Supplier of Boiler Pressure and non Pressure Parts, Site Inspections and RetroďŹ t Services. We are a leading engineering company and prominent solution provider to 500+ customers globally especially in the cement, power, pulp, steel and copper industries.

An ISO 9001: 2000 Registered nka@asplparts.com www.cemweek.com 

www.asplparts.com


CemWeek 2010 India Cement Sector Survey