Cement News tagged under: Construction
UK construction declines for fifth straight month05 April 2013, Published under Cement NewsUK construction sector shrank for the fifth consecutive month in March but expectations for the sector have improved. Markit’s latest purchasing managers’ index (PMI) for constructors came in at 47.2 last month – up from 46.8 in February, but still below the 50 mark that indicates no change. Eight of the last 10 months have seen activity of the construction industry decline, the data shows. “The construction sector seems to have a spring in its step as confidence hit its highest level... |
Euro-area construction output falls 1.4%20 March 2013, Published under Cement NewsEuro-area construction in January 2013 fell 1.4 per cent from the month before as gains in Germany were offset by slumps in Spain and France, according to latest figures by Eurostat. Euro-area construction output fell the most in four months in January following December’s rise of 0.3 per cent, the European Union’s statistics office in Luxembourg said yesterday. The December figure had earlier been estimated as a 1.7 per cent drop. France, the euro area’s second-largest economy, show... |
Calls for a review of Vietnam's cement industry master plan20 March 2013, Published under Cement NewsVietnam’s Building Materials Association has used the Ministry of Construction (MoC) to adjust the master plan for the cement industry for the 2011-20 period and has suggested a series of measures to ease the current surplus situation. The move follows a rising inventory following increases in capacity and lower domestic demand. Current inventory is estimated to reach 25Mt by 2015 and 40Mt by 2020. The association has therefore proposed the government halt nine small cement projects and r... |
Lafarge Zambia: sufficient stocks to cater for demand14 March 2013, Published under Cement NewsWith Zambia readying itself to co-host the United Nations World Tourism Organisation (UNWTO) General Assembly later this year, the official distributor of Lafarge Zambia’s products has said the cement producer has adequate stocks to meet demand. The city of Livingstone is currently undertaking a number of projects such as construction of the town centre market, international bus terminus, new stadium, ablution blocks and upgrading of roads among others. The UNWTO is scheduled for 24-29 Augu... |
Cemex to supply new hydroelectric plant and tidal barrage in the Nile River11 March 2013, Published under Cement NewsCemex in Egypt is supplying cement for the construction of a new tidal barrage and hydroelectric power plant in the Nile River that is expected to generate 32MW of energy and also improve the irrigation to a landmass of about 1.6 million acres large, the equivalent to eight times the area of New York City. This project, funded by the Egyptian government, is expected to improve navigation in the Nile and provide water and clean, renewable energy to the five neighbouring cities of Assiut, M... |
UK: falls in construction output point to poor 1Q1311 March 2013, Published under Cement NewsThe latest figures from the Office of National Statistics (ONS) published on Friday show that construction output in the UK fell sharply in January, with falls across almost every sector. Overall, construction output in January was 6.3 per cent lower than in December and 7.9 per cent lower than it was one year ago. Commenting on these latest figures, Noble Francis, Economics Director at the Construction Products Association said: “Although poor weather during January undoubtedly exacerba... |
UltraTech sales decline 6% in February07 March 2013, Published under Cement NewsUltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market. The Aditya Birla group company sold 3.31Mt of cement last month compared to 3.51Mt in the same period of last year. Production during February 2013 also dropped to 3.32Mt compared to 3.46Mt in February 2012. The company did not elaborate as to why sales were slower, but industry experts said the winter seasons a... |
European cement sector: a strategic contributor to Europe's future – report07 March 2013, Published under Cement NewsA study published by the Boston Consulting Group (BCG), commissioned by CEMBUREAU, outlines the competitiveness of the cement industry in Europe and its role in helping the region achieve its goals of developing a sustainable, resource efficient and innovative society. In a statement released yesterday, the European cement association said the report shows that the cement and concrete industry in Europe contributes to the economy with a total production value of €74bn, a value added of €... |
UK: new orders indicate cautious optimism for construction04 March 2013, Published under Cement NewsNew UK construction orders for the final quarter of 2012, released on Friday by the Office of National Statistics (ONS), rose three per cent compared to the third quarter and were 11 per cent higher than the same quarter a year earlier. Although new orders remain at historic lows, this is a second consecutive quarter of growth and potentially provides positive signs for the industry going forward. Commenting on the ONS figures, Milja Keijonen, Economist at the Construction Products Associat... |
Holcim less optimistic on European construction market27 February 2013, Published under Cement NewsHolcim said on Wednesday that it was less optimistic about the prospects for the European construction market in 2013 as it reported worse-than-expected earnings for its fourth quarter. "While group regions Asia Pacific, North America and Latin America are expected to witness higher sales volumes, Holcim is somewhat less optimistic with regard to Europe and Africa Middle East," the Swiss company said. Like many building supply companies, Holcim has been hit by a slowdown in the European... |