Cement News tagged under: Europe

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European construction outlook revised

25 June 2012, Published under Cement News

The increasing perception that Greece will default and exit the eurozone together with rising fears of contagion has led Euroconstruct, a group of research institutes and consulting firms, to significantly downgrade its European construction forecasts for this year and next.   At a meeting held last week, the group said Europe's construction forecasts for this year and next have been downgraded from -0.3% to -2.1% in 2012 and from +1.8% to +0.4% in 2013. Looking further ahead, it highlights...

Eurozone April construction output falls

21 June 2012, Published under Cement News

Construction output in the 17 nations that use the euro dropped 2.7 per cent in April compared to the month before, and five per cent from April 2011, the European Union's official statistics agency Eurostat said Tuesday. Eurostat also lowered its estimate for the growth of construction output in March, to 11.4 per cent from 12.4 per cent. The decline in construction during April was widespread across the currency area, with building work down six per cent in Germany, 2.3 per cent in Spain...

Euro output rebounds in March

22 May 2012, Published under Cement News

Euro-construction output rose in March at the fastest rate in at least a decade, rebounding after severe winter conditions in February. Construction output in the 17 nations that use the euro jumped 12.4 per cent in March from February, the first rise since November and the biggest since records began in 2001, the region's statistics agency Eurostat said. Large rises in construction activity in the region’s largest economies were behind March's increase, with German construction in part...

First EU ETS report expected in June as carbon prices fall

08 May 2012, Published under Cement News

EU CO2 allowance (EUA) prices could fall below €5/t if the EU cannot agree on the set-aside proposal, according to Deutsche Bank analysts.  At the start of the month, prices fell to €6.14, with Members of the European Parliament calling for the EU to intervene and reduce the supply of carbon allowances. In addition, EU Energy Commissioner Gunther Oettinger announced that the European Commission needs to prepare a proposal to encourage investment and drive EUA prices up.  On 19 April, t...

European construction reports third consecutive monthly fall

19 April 2012, Published under Cement News

European construction output dropped for a third month in February, led by declines in Germany and Italy. Construction in the 17-nation euro region plunged 7.1 per cent from January, when it slipped a revised 0.5 per cent, the European Union’s statistics office in Luxembourg said. From a year earlier, output fell 12.9 per cent. German builders’ output plummeted 17.1 per cent after a 4.7 per cent gain in January, according to today’s report. In Italy and France, output declined 9.9 per ...

Cembureau: proposed ecodesign criteria should not apply to cement industry

04 April 2012, Published under Cement News

The European Commission is currently laying the groundwork for the new Ecodesign Directive, which will provide consistent EU-wide rules for improving the environmental performance of energy related products (ERPs) through ecodesign.  Cembureau, the European cement association, is challenging the Directive, which threatens to subject energy-using products such as rotary kilns used in the cement industry to the new ecodesign criteria. The association argues that as cement kilns are part of ...

IETA urges reform of EU ETS caps to restore confidence

30 March 2012, Published under Cement News

The International Emissions Trading Association (IETA) has called for a reform of the EU Emissions Trading Scheme (ETS) to change the cap trajectory as well as to review the cap setting process. In a press release, the organisation confirmed its support for the EU ETS but said that fragmented EU and national policies are undermining its price signal. Moreover, according to IETA: “The current extraordinary economic situation is amplifying this effect. This has led to the false impression o...

European cement trends and outlook

26 March 2012, Published under Cement News

Last year saw varying cement consumption trends across European markets. Overall the region benefitted from mild winter weather and, while some countries demonstrated a continued recovery, others were constrained by government spending cuts and austerity measures. Going forward, the impact of the sovereign debt crisis is likely to have a more pronounced effect on construction activity this year, with expectations that output will reach its lowest point in 2012 before moving into positive ter...

Euro construction output rebounds in November

19 January 2012, Published under Cement News

European construction output rose by 0.8% in the euro area (EA17)  and by 0.4% in the EU27 in November 2011, compared with the previous month, data from the European Union’s statistics office, Eurostat, shows. Compared with November 2010, output in November 2011 increased by 0.2% in the euro area and by 0.7% in the EU27. Among the Member States for which data are available for November 2011, construction output rose in 11 and fell in Spain and Slovakia (both -0.7%) and Bulgaria (-0.3%)...

Cemtech Istanbul 2010

29 December 2011, Published under Cement News

Cemtech Europe was successfully held at the Swissotel The Bosphorus from 26-29 September. The event attracted 390 delegates from 40 countries, including a large representation from the Turkish cement sector. Mr Adnan Ignebekçili, Chairman of the Turkish Cement Manufacturers’ Association, provided an in-depth overview of the local industry, which now accounts for over 100Mta capacity and leads the world in cement and clinker exports. Other presentations covered the construction market outloo...