Cement News tagged under: Construction
FDI in Pakistan's cement and construction industries continues to slide24 June 2019, Published under Cement NewsThe State Bank of Pakistan (SBP) has reported a massive decline of net foreign investment for local industries, including cement and construction, between July 2018-May 2019. According to a central bank report, total foreign direct investment (FDI) into the country fell by 49.2 per cent YoY during the first 11 months of FY18-19. A breakdown of SBP data shows that the net total FDI in the cement and construction sectors decreased 36.4 per cent YoY in the 11-month period. Out of the country... |
Bangladesh cement producers look for relief in coming budget30 May 2019, Published under Cement NewsThe Bangladesh Association of Construction Industry and Bangladesh Cement Manufacturers Association have submitted their demands for the incorporation in the coming July 2019-June 2020 government budget for the progress of the construction and cement industry. Bangladesh's budget is likely to be presented in Parliament on 13 June 2019. Construction sector representatives and trade bodies have urged that the government should not impose any new tax, duty or value-added tax on the constructi... |
Russia: time for change15 April 2019, Published under Cement NewsWhile Russia’s economy has stabilised following several years of recession, domestic cement demand is expected to only return to growth in 2020. Meanwhile, trading volumes have also softened as cement imports and exports continue to decline on the back of lower demand from domestic and key export markets. By Aleksei Semenov, GS-Expert LLC, Russia. The construction of office and administrative buildings rose by 25 per cent YoY in 2018 although the major office market of Moscow exper... |
Zimbabwe's construction contracts in 4Q1812 April 2019, Published under Cement NewsZimbabwe's construction industry contracted by 6.3 percentage points last year. A Treasury report cited cement shortages and high prices of construction materials for the slowdown. The construction sector registered 7.7 per cent growth in 4Q18 having been revised down from a Treasury forecast of 14 per cent growth. "The construction industry boom that was being experienced in the economy during the1H18 suffered a huge setback following acute cement shortages and unsustainable prices of c... |
6th LafargeHolcim Forum is held in Cairo10 April 2019, Published under Cement NewsLafargeHolcim and the American University of Cairo held the 6th LafargeHolcim Forum on 'Rematerializing Construction' in Cairo, Egypt, on 9 April. The forum drew more than 350 leading minds from architecture, engineering, planning and the construction industry and a total of 1200 attendees. Khaled Abbas, Deputy Minister of Housing (Egypt) and Roland Köhler, Chairman of the LafargeHolcim Foundation (Switzerland) welcomed the guests. The meeting included four concurrent workshops with co... |
Simba Cement plans construction of new plant04 April 2019, Published under Cement NewsAfter receiving approval to acquire Cemtech Ltd , Tanzania’s Simba Cement has announced plans to construct the Ortum Cement project that Cemtech had struggled to get off the ground. The project in West Pokot County, Kenya, was due to start in 2010. However, due to the recent developments, work is now expected to begin within a year. Construction is scheduled to take 18 months to complete. Simba Cement is currently seeking an audience with the residents of Sebi, where the plant will be b... |
PCA Spring Forecast 2019: US cement consumption growth of 2.3%28 March 2019, Published under Cement NewsThe Portland Cement Association (PCA) has released its annual Spring Forecast, which envisions strong to moderate growth for cement consumption through 2019 and into 2020. PCA Market Intelligence expects cement consumption to grow by 2.3 per cent in 2019 compared to the forecast a year ago, this represents a marginal slowing in the pace of growth. "While there are several phenomenon that confront the economy in the next two years, PCA believes the economy is strong," said Ed Sullivan, PC... |
Cemex Ventures teams up with TEFKEN Ventures in construction27 March 2019, Published under Cement NewsCemex Ventures Corporate Capital Unit has signed a collaboration agreement with T EFKEN Ventures, a Turkish industrial conglomerate working in the construction, agriculture, manufacturing and real estate sectors. The businesses will develop synergies between them to innovate the construction industry. The two investment funds will work to invest in new technologies and innovative solutions to drive the revolution of the construction industry on a global basis. Agendas and events will be co... |
LafargeHolcim to help build Africa's highest tower20 March 2019, Published under Cement NewsLafargeHolcim will play a key role in building Egypt's new capital, currently under construction 45km outside of Cairo. The city will become the country’s new administrative and financial capital, with around five million inhabitants. Among the buildings using LafargeHolcim's innovative, high-performance materials is the so-called Iconic Tower, which is set to become the highest tower in Africa with a height of 385m when completed by the end of 2020. For the Iconic Tower, LafargeHolcim is ... |
World's largest 3D printer to build two-storey concrete house20 March 2019, Published under Cement NewsThe largest 3D printer in the world is being prepared to start printing a two-storey house on the site of Kamp C, the Provincial Centre for Sustainability and Innovation in Westerlo, Belgium. Kamp C is looking to persuade the Flemish construction industry of the merits of this innovative technique with practical examples. "This technique is gradually gaining momentum," says Kai van Bulck, who represents Kamp C in the C3PO-project. The printer that Kamp C purchased is mainly suited for pr... |