Malaysia cement market & forecast (2012 update)

Table of Contents

Introduction........................................................ 4

Executive summary......................................... 5

The economy and the construction sector...........................6

Economy................................................................ 7

Figure: Economy and population....................... 8

Construction sector............................................... 9

Residential and non-residential........................ 9

Figure: Construction sector and the economy...........................10

Infrastructure................................................... 10

Major projects.................................................. 11

Table: Construction sector importance and growth..................12

Cement market............................................... 13

Market Overview................................................. 13

Figure: Principal existing Plants..................... 14

Incumbent operations........................................... 15

Lafarge Malayan Cement (LMC)..................... 15

YTL Cement..................................................... 16

Cement Industries of Malaysia (CIMA Group)...........................17

CMS Cement.................................................... 17

Holcim Malaysia.............................................. 17

Tasek............................................................... 18

Cement Industries (Sabah) (CIS)................... 18

Aalborg Portland Malaysia Cement................ 18

Figure: Cement plant locations....................... 19

Market shares.................................................. 19

Production market shares.............................. 19

Domestic market shares................................. 20

Figure: Share of nameplate capacity.............. 20

Demand and supply....................................... 22

Figure: 2005-2010 cement supply-demand balance.................22

Demand................................................................ 22

Figure: 2005-2011E cement demand.............. 23

Cement trade........................................................ 23

Figure: Cement imports and exports.............. 24

Figure: Cement & clinker imports: product types and evolution.. 25

Imports............................................................. 26

Figure: Cement & clinker import countries..... 26

Figure: Import share........................................ 27

Exports............................................................. 28

Figure: Cement Exports: product types and evolution...............28

Cement supply..................................................... 29

Figure: 2005-2010E annual cement production.........................29

Figure: Capacity utilization (2006-2010E)...... 30

Expansion and greenfield projects...................... 31

Figure: Major upgrades and new plants.......... 31

Figure: Nameplate cement production capacity (2005-2015E).32

Figure: Cement production capacity (2005-2015E)...................33

Competitive dynamics.......................................... 34

Government Influence..................................... 37

Operating costs............................................... 38

Cement prices................................................. 40

Figure: 2006-2010 indicative cement prices.. 40

Outlook.............................................................. 42

Figure: Apparent cement demand projection (2005-2015).. 42

Figure: Growth in apparent cement demand (2006-2015).. 43

Figure: Capacity utilization (2006-2015E)...... 44

Next steps........................................................ 47

Data tables....................................................... 48

Supply-demand balance (2005 – 2010E, mm tons).... 48

Supply capacity market share (2009-2015E, %). 49

Imports by cement type (2005 – 2010E, tons)..... 50

Cement import countries (2005 – 2010E, tons).... 51

Exports by cement type (2005 – 2010E, tons).... 52

Cement export countries (2005 – 2010E, tons)... 53

Table: Cement plant capacities (2005 – 2015E, mm tons)..... 54

Disclaimers...................................................... 56

Pages:

Format:

Price:

Date:

58

Electronic (PDF)

USD1980

Feb 2012