Cementing solid relationships

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US cement producers are upbeat about improved economic growth and the Trump administration’s infrastructure pledges, even as seaborne imports have risen to plug the sector’s current capacity gap.

President Donald Trump, the developer of skyscrapers, luxury hotels and golf courses, has pledged to rebuild America. Unsurprisingly, cement manufacturers have expressed enthusiasm for the proposals, including Mexican multinational Cemex and French-Swiss giant LafargeHolcim. The Portland Cement Association (PCA), the industry lobbyists, anticipates a boon. Ed Sullivan, the PCA’s chief economist, says: “Growth in cement consumption is likely to accelerate if Trump administration economic initiatives materialise.”

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