Cement News tagged under: Construction
UK construction industry reports further growth15 May 2015, Published under Cement NewsThe latest Construction Trade Survey shows that firms across the construction industry reported an eighth consecutive quarter of growth in activity in the first quarter of 2015. Large contractors, SMEs, civil engineers and product manufacturers all enjoyed growth in output in the first quarter of 2015, and further expansion is anticipated throughout 2015. Commenting on the survey, Dr Noble Francis, Economics Director at the Construction Products Association, said: “Activity rose in the firs... |
A return to optimism27 April 2015, Published under Cement NewsAs the US emerges from the Great Recession, helped by lower oil prices and improved employment rates, construction sector fundamentals are strengthening. For the US cement industry, this means an expanding market and perhaps an opportunity to bring back previously-shuttered cement works. By Ed Sullivan, Portland Cement Association, USA. A return to economic optimism in the US is expected to spill over into the cement industry, boosting domestic demand Americans are witnessing ec... |
Construction output down by 1.8% in euro area24 April 2015, Published under Cement NewsSeasonally-adjusted production in the construction sector fell in February 2015 fell by 1.8 per cent in the euro area (EA19) and by 1.2 per cent in the EU28 compared with January 2015, according to first estimates from Eurostat, the statistical office of the European Union. In January 2015, production in construction grew by 1.6 and 0.6 per cent, respectively. On an annual comparative basis, production in construction fell by 3.7 per cent in the euro area and by 2.4 per cent in the EU28 in... |
Siam Cement earnings' preview: robust quarter expected20 April 2015, Published under Cement NewsThai conglomerate SCC is expected to report a strong net profit of THB10.2bn (US$315m) in the first quarter of 2015, up 21 per cent YoY and 15 per cent QoQ, according to estimations by SCB Securities. “We continue to like SCC for several reasons: 1) it benefits from low oil price via wider spreads and cheaper fuel costs and from a weak baht as a net exporter; 2) 2Q15 profit will continue strong, 3) solid three-year earnings growth of 16 per cent,” the research house stated. First qua... |
India: Jan-March demand seen weak01 April 2015, Published under Cement NewsNomura says its interactions with cement dealers across India suggest demand was weak in the January-March period because of lower use of cement by government-related projects, reports Dow Jones. However, recovery is anticipated going forward on expected increases in government spending. "This weakness can be attributed to lower spending by the government as it tried to meet its fiscal deficit target for FY15," says Nomura. Though volumes were weak in the first quarter of the calendar yea... |
Cemex to supply state-of-the-art transit systems in California Bay area, USA27 March 2015, Published under Cement NewsCemex is to supply structural concrete on two massive, state-of-the-art transit systems in the California Bay Area which, upon completion, are expected to serve more than 61 million people every year. Between 2000 and 2030, 1.25 million new vehicles are expected to enter the Northern California Bay Area -- a 31.5 per cent increase over 30 years. In response, cities and local transportation agencies are providing much needed alternatives for commuters through the construction of new, state-o... |
Production in construction up by 1.9% in euro area25 March 2015, Published under Cement NewsIn January 2015 seasonally-adjusted production in the construction sector grew by 1.9 per cent in the euro area and by one per cent in the EUR28 compared with December 2014, according to first estimates from Eurostat, the statistical office of the European Union. In December 2014, production in construction grew by 0.2 per cent in both zones. In January 2015 production in construction grew by three per cent YoY in the euro area and by 1.4 per cent in the EU28. Monthly comparison The inc... |
Holcim expects 3-5% growth in Mexico12 March 2015, Published under Cement NewsThe Mexican cement market will expand by 3-5 per cent in 2015, according to a forecast by Holcim México. Although dollar volatility, lower oil receipts and the decreased government spending may impact negatively on cement consumption, the National Infrastructure Plan (NIP), a dynamic housing sector and higher remittances are expected to boost cement demand this year. In the first half of 2015 the recovery that started in 2H14 is expected to take hold. "There are conditions to believe th... |
Pakistan shipments advance over first eight months06 March 2015, Published under Cement NewsTotal cement shipments over the first eight months of the current Pakistan fiscal (July-February 2015) rose eight per cent YoY, according to data by the All Pakistan Cement Manufacturers’ Association. The advance was led by domestic sales which climbed 11 per cent YoY to reach 17.4Mt. Exports, however, declined one per cent to 5.12Mt over the same timeframe, with contrasting results in the north and south. February sales update During February 2015, total dispatches rose by seven per cen... |
Eurozone construction output down 0.8% in December19 February 2015, Published under Cement NewsConstruction output in the eurozone contracted in December, led by falls in Germany and Spain, according to the Eurostat, the European Union's statistical office. Production in construction fell by 0.8 per cent month-on-month at the end of last year. Building production dropped by one per cent on the month while that of civil engineering rose by 1.7 per cent. Construction output in Germany came off by 2.9 per cent when compared to November's level and by another one per cent in Spai... |