Cement News tagged under: government support

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US General Services Administration to spend US$2bn on low-carbon building materials

09 November 2023, Published under Cement News

The US General Services Administration (GSA) plans to spend US$2bn from the Inflation Reduction Act (IRA) to purchase cement and other building materials with substantially lower embodied carbon emissions, according to the Sierra Club. The building materials will be used to build and retrofit hundreds of government facilities in 150 projects across 39 states, Washington DC and Puerto Rico. The step follows the success and lessons learned from 11 pilot projects announced in May 2023. The ...

Pakistan producers await budget FY23

10 June 2022, Published under Cement News

Pakistan’s cement producers will be paying close attention to the government’s federal budget for FY23, which is due to be announced today. The industry hopes it will include a number of measures to help boost growth over the next couple of years. Although there has been a revival in construction activity following the easing of lockdowns, cement demand remains sluggish due to inflation and high commodity prices.    In May FY22 the industry declined by 15.9 per cent YoY with total cement di...