Cement News tagged under: PCA
PCA writes to President Trump24 April 2020, Published under Cement NewsMichael (Mike) Ireland, president and CEO of the Portland Cement Association (PCA), has written to US President Donald Trump to express the need to restart public works programmes and designate the cement industry as an 'essential industry' that is also listed as a 'critical manufacturing' industry with the Department of Homeland Security. "Increasingly, the COVID-19 crisis and necessary government response activities, including travel restrictions, shelters in place, quarantines, and oth... |
US cement consumption to drop 30.9 per cent in second quarter20 April 2020, Published under Cement NewsThe US cement consumption will drop 30.9 per cent in second quarter, according the Ed Sullivan, Chief Economist, Portland Cement Association (USA). Sullivan was speaking during the Cemtech Live Webinar on 15 April 2020, which was attended by over 400 participants from the global cement industry. Sullivan was due to speak at the IEEE-IAS/PCA Cement Conference in Las Vegas, Nevada on 20 April, but the event was cancelled due to the COVID-19 pandemic. Watch the full presentation here |
US growth settles down19 March 2020, Published under Cement NewsWhile the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Association (PCA) forecasts modest growth for the cement sector in the medium term. By Ed Sullivan, PCA, USA. Figure 1: US economic growth, 2001-23 (Source: PCA) The United States economy and construction market are expected to remain relatively strong during 2020-21. However, the economy is entering a mature stag... |
PCA Summer forecasts suggests 2.3% growth in US cement consumption19 August 2019, Published under Cement NewsThe Portland Cement Association (PCA) has released its summer forecast for the US cement sector with its near-term projections largely unchanged since PCA's Spring outlook. Cement consumption is expected to grow 2.3 per cent in 2019 and 1.7 per cent in 2020. Overall, slightly softer economic growth, suggests a gentler interest rate pattern as well as slightly less robust conditions in the labour market. For construction, these factors largely offset each other. |
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... |
PCA forecasts falling US cement consumption growth rate16 November 2018, Published under Cement NewsThe Portland Cement Association (PCA) Market Intelligence Group forecast for cement consumption over the next two years in the USA predicts a falling growth rate. Growth is expected to decelerate from 2.9 per cent this year to 2.6 per cent next year and further to 1.6 per cent in 2020. "We are expecting relatively modest but sustained interest rate increases after 10 years of low and stable rates," said PCA Senior Vice President and Chief Economist, Ed Sullivan. "The Federal Reserve’s acti... |
PCA seeks EPA reform of non-hazardous secondary materials policy11 October 2018, Published under Cement NewsThe Portland Cement Association (PCA) has called for changes to the US Environmental Protection Agency's (EPA) non-hazardous secondary materials (NHSM) policy. PCA Vice President and Counsel for Government Affairs, Charles Franklin, explained why reforming EPA's NHSM policy was so important for the cement industry. While many cement manufacturers already strive to use alternative fuels, they are often limited by federal regulations that deem such materials to be wastes, subjecting facilitie... |
PCA forecasts 3% growth in cement consumption for 201806 April 2018, Published under Cement NewsThe USA-based Portland Cement Association (PCA) has released its Market Intelligence Spring Forecast and envisions modest growth for cement consumption over the next two years, increasing by 2.8 per cent in 2018 and 2019. In 2020 consumption is expected to rise four per cent as positive impacts from potential federal infrastructure spending are likely to come into effect, according to the PCA report. The PCA analysis suggests that infrastructure spending is not likely to occur until the 4... |
PCA marks the passing of Fred W Cohrs15 November 2017, Published under Cement NewsFred W Cohrs, 84, a former PCA Board member and Honorary Committee member, passed away on 15 October 2017. Born in Essen, Germany, Fred immigrated first to Canada and then to the US, where he made exceptional contributions to the cement industry and PCA. He served on the association’s Board of Directors, Executive Committee, and was active on other PCA committees. Fred was chair of the General Promotion Committee and helped lead PCA to become more market oriented, increase member partici... |
PCA updates US annual cement consumption forecast06 October 2017, Published under Cement NewsPortland Cement Association's (PCA) Market Intelligence Group has forecast annual cement consumption to climb in the USA by 2.6 per cent during 2017 and 2.8 per cent in 2018. The updated forecast adjusts downward PCA projections released earlier this year. Bad weather and lower than anticipated budgets for the public construction sector are among the factors that have prompted the adoption of a more modest growth outlook. "Once infrastructure and tax reform initiatives take hold and aff... |