Cement News tagged under: Construction

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New Bangladesh budget offers big projects for cement industry

08 June 2018, Published under Cement News

AMA Muhith, Bangladesh Finance Minister, has presented the government budget for 2018-19 in Parliament announcing a long list of mega projects for the construction of hospitals, school, colleges and other infrastructures that would create huge demand for cement in country. The finance minister said: "The country is targeting 7.8 per cent GDP growth in the new fiscal year against target of 7.4 per cent for fiscal 2017-18." Mr Muhith also announced provision of loans to the public for ...

Going to Graceland

02 May 2018, Published under Cement News

The 2018 IEEE-IAS/PCA Cement Industry Technical Conference will be held between 6-10 May in Nashville, Tennessee. Therefore, the timing is right for ICR to visit Graceland and examine the recent developments in the nearby southern US cement markets. By Rob Roy Economic Consulting, USA. Lehigh Portland Cement Co’s 3.5Mta plant in Union Bridge is one of Maryland’s two integrated cement facilities and the country’s second-largest after LafargeHolcim’s Ste Genevieve works, Missouri ...

Russia’s new dawn

23 April 2018, Published under Cement News

Growing construction activity, a recovering economy and stabilising cement production – 2017 marks something of a turn-around year for Russia after years of recession. But the situation is still fragile with much of the economic growth fuelled by oil prices, which remain volatile, and construction increasing in less obvious sectors such as agriculture and healthcare. By Alexey Semenov, GS-Expert LLC, Russia, and ICR Research, UK. Russia’s economic recovery and increase in construction...

CANACEM to ask presidential candidates for continuity

16 April 2018, Published under Cement News

Mexico’s National Chamber of Cement (CANACEM) will ask presidential candidates for continuity in the economic model and investments projects, reports Noticias Financieras. Mauricio Doehner, president of the organisation, has said that its members will seek dialogue with the candidates to present its needs. "[…] [W]e believe that we should continue with an economic model such as the one of expansion, inclusion, housing, infrastructure, so we are doing work groups, so we will be able to pres...

Foreign direct investment in Pakistan's cement sector rises

27 March 2018, Published under Cement News

Pakistan cement and construction industry have received a foreign direct investment (FDI) of US$516.07m during first eight months of FY17-18 (July 2017-February 2018), compared to US$190m received in corresponding months of last fiscal year. This translates a growth of 172 per cent YoY. State Bank of Pakistan data reports that Pakistan's cement industry attracted FDI of US$39.8m and the construction industry US$476.90m, compared to US$25m and US$165m, respectively in July 2016-Febru...

Construction activity to be disrupted in Andhra Pradesh

12 February 2018, Published under Cement News

Construction activity in Andhra Pradesh, India is expected to face disruption after the cost of cement has risen by INR20-30 (US$0.3-0.4)/50kg bag. The price hike, which has taken place over the last two months, includes other construction materials such as steel and hardware materials. Over 5000t of cement is purchased every month in the Amaravati region of the state, according to The Hans India. The region has seen a price increase from INR230-250/50kg bag to INR260-290/50kg bag. GS...

Construction at Maple Leaf Cement Factory Ltd site put on hold

02 January 2018, Published under Cement News

Maple Leaf Cement Factory Limited (MLCF) has announced that construction work on a 7300tpd capacity expansion has been put on hold, following an order issued by the Environmental Protection Agency (EPA), Government of Punjab. MLCF has stated that it met all statutory obligations before commencing construction, and has therefore filed a writ petition to Lahore High Court. The dry-process clinker production line was supplied by FLSmidth in an effort to raise capacity to 18000tpd at the si...

Production in construction down 0.5 per cent in euro area

22 August 2017, Published under Cement News

In June 2017 compared with May 2017, seasonally-adjusted production in the construction sector decreased by 0.5 per cent in the euro area (EA19) and by 0.2 per cent in the EU28, according to first estimates by Eurostat, the statistical office of the European Union. In May 2017 output in construction fell by 0.2 per cent in the euro area and by 0.5 per cent in the EU 28. In June 2017, compared with June 2016, production in construction increased by 3.4 per cent in the euro area and by 3.6 ...

UK construction industry growth slows

09 August 2017, Published under Cement News

Growth prospects for the UK's construction industry in 2018 have been downgraded as the country prepares to leave the EU, according to the latest forecasts by the Construction Products Association (CPA). Output is expected to soften as a slowing economy, falling real wages and rising costs adversely affect the industry, growth for 2018 is therefore only expected to rise by 0.7 per cent, the slowest in six years, and a downward revision from 1.2 per cent in previous forecasts. For now, acti...

Production in construction down by 0.7% in euro area

26 July 2017, Published under Cement News

In May 2017 compared with April 2017, seasonally-adjusted production in the construction sector decreased by 0.7 per cent in the euro area (EA19) and by 1.1 per cent in the EU28, according to the first estimates from Eurostat, the statistical office of the  European Union. In April 2017 production in construction grew by 0.3 per cent in the euro area and by 0.2 per cent in the EU28. In May 2017 compared with May 2016, production in construction increased by 2.6 per cent in the euro area an...