Double-digit rise in Nepal cement sales
Nepal-based cement producers have reported a 10-15 per cent YoY increase in 2013 cement sales as the construction of dams, bridges and housing projects boosts demand.
Construction
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India Ratings maintains 'stable negative' outlook on cement sector
India Ratings has maintained a ‘stable negative’ outlook for the domestic cement sector in FY15 given the slowdown in construction and infrastructure sectors.
Cemex cautiously optimistic on Latvian outlook
Cemex is cautiously optimistic on the outlook for Latvian construction activity in 2014 as a pick-up in activity is starting to be seen.
Euroconstruct adjusts 2013-15 forecasts
Construction forecast group Euroconstruct has published its updated Construction Investment forecasts for 2013-15 which sees a three per cent decline this year across the 19 cou...
Lafarge to boost construction capabilities
Lafarge Cement Sdn Bhd, a wholly-owned subsidiary of Lafarge Malaysia Berhad, has signed a Memorandum of Understanding (MoU) with CIDB Holdings Sdn Bhd, a wholly-owned subsidiar...
Philippine cement sales rise 7.1% on stronger government spending
Cement sales in the Philippines increased by 7.1 per cent to 14.9Mt from 13.9Mt in the same period of last year, according to the country’s cement association, CeMAP.
Euro area construction output rises in August
EU construction output increased in August 2013, latest data from Eurostat shows. Seasonally-adjusted production in the construction sector was 0.4 per cent higher in August tha...
CPA lifts construction growth outlook, UK
The Construction Products Association is anticipating growth of 19 per cent for the UK construction industry by 2017 – an upward revision from its summer forecast, reflecting an...
Spanish demand falls 22% in first nine months
Cement consumption in the first nine months of this year fell by 22 per cent YoY to 8.3Mt, latest data from domestic association Oficemen shows. In September, demand fell to 947...
Qatar could face shortages due to lack of capacity additions
Qatar could face a “major cement shortage” in the near term with no major capacity expansions in the pipeline to meet expected strong rises in demand, a new report by Global Inv...