Italian cement consumption drops 7% in Q1/2016

According to Francesco Caltagirone Jr, t CEO of Italian cement manufacturer Cementir, cement consumption dropped 7% in Italy in the first quarter of 2016. He says consumption should become stable in the future. Caltagirone also said that before the market crisis that hit the country, cement production capacity was higher than 40 million of tonnes, while now it equals 20 million of tonnes.

April 26, 2016 Read time: 1 min

According to Francesco Caltagirone Jr, t CEO of Italian cement manufacturer 1909 Cementir, cement consumption dropped 7% in Italy in the first quarter of 2016.

He says consumption should become stable in the future.

Caltagirone also said that before the market crisis that hit the country, cement production capacity was higher than 40 million of tonnes, while now it equals 20 million of tonnes.

Caltagirone believes that the pre-crisis capacity production levels “will not come back.”

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Italy’s aggregates industry is still sluggish

It has long been reported that the aggregates industry in Italy is one of fragmentation and of small family businesses unwilling or unable to form bonds strong enough to consolidate and create a cohesive force. And while that situation continues, as it appears to be doing, the industry will not make a name for itself as a major contributor to the Italian economy as a whole. Italy is not a member of the UEPG (European Aggregates Association), although figures from that organisation put it at number six in it