Cement News tagged under: Construction

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CECE report states EU construction equipment industry is transforming

14 April 2016, Published under Cement News

The European construction equipment industry is confidently looking towards the future and ready to embrace the transition into the digital era, with a stronger-than-ever focus on technology leadership and customer needs, according to the latest construction report by McKinsey & Co and CECE. “We are determined to serve our customers well in the midst of multiple trends facing our industry. Being at the technical forefront is critical for us,” said Bernd Holz, CECE president and sales direct...

CEMBUREAU 4Q15 Economic Report: modest growth across EU, some clouds on horizon

10 March 2016, Published under Cement News

CEMBUREAU's Quarterly Economic Report for 4Q15, published yesterday, shows that no EU countries experienced recession in 2015. However, the latest quarterly data revealed that economic growth did not gain momentum in 4Q15 on a quarterly basis, with very modest growth rates recorded in all major EU economies, ie 0.3 per cent in the EU28 and Germany, 0.2 per cent in France and 0.1 per cent in Italy. The European cement association warns that there are growing fears of a deterioration in the...

CPA: construction fundamentals remain positive

01 February 2016, Published under Cement News

UK construction output was marginally weaker in the final three months of 2015, but the Construction Products Association (CPA) believes the key fundamentals remain positive. On 28 January the UK's Office of National Statistics reported that GDP rose by 0.5 per cent. Within this, construction output was down by 0.1 per cent, its second consecutive quarterly fall following the third quarter’s 1.9 per cent decline. GDP rose by 0.5 per cent. Within this, construction output was marginally...

US recovery to hold firm?

22 January 2016, Published under Cement News

With this week seeing equity markets in turmoil and concerns over global economic growth conditions intensifying, question marks have been raised over whether US construction activity will be able to hold firm. Recent indicators are largely supporting expectations of continued growth in US construction activity. The latest housing data for December showed continued strong growth in both permits and starts, which were up by 15 and six per cent, respectively. Broader economic statistics als...

Construction output 0.8% in euro area

21 January 2016, Published under Cement News

In November 2015 compared with October 2015, seasonally-adjusted production in the construction sector increased by 0.8 per cent in the euro area (EA19) and by 0.7 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In October 2015 production in construction grew by 0.6 per cent in the euro area and by 0.2 per cent in the EU28. In November 2015 compared with November 2014, production in construction expanded by 2.1 per cent in the ...

Production in construction up by 0.5 per cent in euro area

31 December 2015, Published under Cement News

In October 2015 compared with September 2015, seasonally adjusted production in the construction sector increased by 0.5 per cent in the euro area (EA19) and by 0.1 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In September 2015, production in construction fell by 0.7 per cent in the euro area and by 0.2 per cent in the EU28. In October 2015 compared with October 2014, production in construction grew by 1.1 per cent in the eu...

Dangote Cement

23 December 2015, Published under Cement News

Earlier this month, the Nigerian government announced its biggest budget ever with US$30.1bn (NGN6trn) earmarked for the 2016 fiscal year. Representing a 15 per cent rise on the 2015 budget, it will come as welcome news to the country’s cement producers, such as Dangote Cement, that a healthy slice of this is to be spent on infrastructure projects. Despite a slump in the price of oil, which accounts for 70 per cent of the Nigerian government revenue, the country’s National Bureau of Stati...

China National Building Materials (CNBM)

23 December 2015, Published under Cement News

Cement demand in China usually peaks in the months of September and October but not so in 2015 as numerous infrastructure projects suffered from ongoing delays. China’s cement producers are now hoping that 2016 will bring renewed activity in the country’s construction sector, driving up consumption. Just last week the Chinese president signed an agreement with the UAE to develop a US$10bn joint investment fund to forge closer links between the two countries. The UAE is reportedly seen as ...

CEMBUREAU: recovery continues in 3Q15

18 December 2015, Published under Cement News

The third quarter of 2015 saw no GDP recession anywhere across the EU, according to the European cement association, CEMBUREAU, which published its Quarterly Economic Report for the 3Q15. Moreover, recovery is accelerating in Spain and at moderate levels elsewhere. "However, the macroeconomic picture remains uneven as recovery appears to be uncertain and conditional to many potentially hindering factors, primarily subdued domestic demand in the EU and slowdown in external demand (ie expor...

PCA: Congress completes work on multi-year Highway Bill

04 December 2015, Published under Cement News

The PCA announced that the US Senate last night passed a final surface transportation reauthorisation bill that provides more than US$280bn to maintain and improve the nation's highways, transit systems, and transportation safety programs. Senate approval came only hours after the legislation, known as the FAST Act, cleared the US House of Representatives with broad bipartisan support. Passage in both chambers clears the way for the measure to be signed into law by the President. “We've wa...