Demand fall forces CIS nations to cut cement production

摘要

The global financial crisis has had an impact on the construction industry, the main consumer of cement, in the CIS region. As a result, according to a forecast from PMR Publications, both the production and consumption of cement will contract in 2009. "We predict that the market will gradually recover in subsequent years, whereas, in the long term, per capita cement consumption in the CIS countries-with their immense infrastructure development and housing needs-should steadily increase to match the levels observed in the more developed countries," says PMR's recent report.