Istanbul, Turkey (PRWEB) August 08, 2011
The 6th Middle East CemenTrade summit convenes on 5-6 October 2011 in Sheraton Istanbul Maslak Hotel to map the outlook for the cement industry , while providing contextual analysis of the political crisis in some of the Arab nations.
Notably, the Middle East cement market is expected to fall, from 7% in 2010 to 3 - 5% this year. Yet, with annual average growth forecast of 6.26% between 2011 and 2015, key industry leaders have an optimistic outlook on Oman (Source). Similarly, Iraq, will continue to be a robust market determinant for the cement industry thanks to upcoming infrastructure projects, and economic development fuelling infrastructure investments. CMT’s 6th Middle East CemenTrade aims to analyze these market situations, spotlight on the reality of their construction sector, logistical challenges, sustainability, freight market outlook and many other pertinent industry issues.
In Turkey, increasing domestic demand has caused cement prices to climb over the months, and this made it more lucrative for Turkish cement producers to sell locally rather than to export. As the world’s leading export nation of cement and clinker with sales of 19Mt in 2010 (Source), the trend is projected to impact import markets like East Europe and Russia. To provide a clear picture of the market, the summit has secured Mr. Kerem Ersen, Head of Economic Evaluation & Foreign Relations with Centenary of Turkish Cement Industry to speak on national economy and construction sector outlook, potential markets and export trends , as well as opportunities for the industry. Another market focused presentation, this time addressing the driving factors and key barriers will be delivered by Mr. Serdar Kuruoglu, Senior Trade Manager of HC Trading via his paper on “ Russia & Turkey: Trade Dynamics & Challenges”.
The rest of invited speaker panelists contributing at this Istanbul meet include:
6th Middle East CemenTrade is already welcoming registrations. To access full agenda and other information, visit the event’s website at http://www.cmtevents.com. For details on reservations please contact Grace Oh at +65 6346 9147.