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Cement Demand Down in ’09, ’10; Up in ’11

Monday, May 11, 2009

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The Portland Cement Association (PCA) expects a 17% decline in cement consumption for 2009, dropping the volume to 77 million metric tons, due to declining residential and non-residential construction. However, PCA says that there is the potential for a large increase in cement consumption in 2011, reaching a possible volume of 97 million metric tons.

The enactment of a new surface transportation law has the potential to increase cement consumption two years from now, according to PCA. The current law expires September 30, 2009, and, with the Obama Administration’s commitment to infrastructure, a large increase in infrastructure spending is expected. According to Edward Sullivan, PCA chief economist, there is a possibility of a 40% increase in funding on the next transportation bill.

PCA is based in Skokie, IL, and represents cement companies in the U.S. and Canada. More information on available programs can be found at www.cement.org.

   

Tagged categories: Portland Cement Association; Trends

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