Schneider

Cement Update

Tough markets for cement in Europe, US

February 2010
As rising government debt looks to squeeze infrastructure spending, world’s leading cement makers Swiss group Holcim and France’s Lafarge expect the coming years to be tough in Europe and the United States. As a result, these cement makers are depending on demand from emerging markets such as China and India. It is anticipated to take at least three to five years for building materials markets return to their peaks.