Cement News tagged under: housing

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UK construction rebound not seen until 2014

16 October 2012, Published under Cement News

Construction output is forecast to fall by 6.3% this year and a further 1.4% next, before a return to growth in 2014 according to the latest Construction Industry Forecasts published today by the Construction Products Association (CPA).   This decline will mean a reduction of almost GBP8.5bn of construction activity over these two years, undermining the ability for construction to lead the UK’s economic recovery, the CPA states. Commenting on these forecasts, Noble Francis, Economics D...

Pakistan cement market progress

15 October 2012, Published under Cement News

Latest statistics on the Pakistan cement sector show that the country will have ended the first quarter of FY12-13 (July-September 2012) ahead of the same period as last year as September sales gather pace on the back of increased real estate activity and higher government infrastructure spending. Improving prices and government incentives are likely to further spur industry profitability but declining exports remain a concern.   Preliminary estimates for September 2012 dispatches show tota...

CPA: cautious welcome for Government’s housing sector boost

07 September 2012, Published under Cement News

The UK's Construction Products Association (CPA) has cautiously welcomed the Prime Minister and Deputy Prime Ministers’ announcement to boost the housing sector. Commenting on these measures, Noble Francis, Construction Products Association Economics Director said:  “Any change in policy that helps the ailing housing sector to recover must be considered positive, especially given that private housing starts in 2Q were 17 per cent lower than one year ago. The announcement stated that gover...

Lafarge shares rise on Hollande election

07 May 2012, Published under Cement News

Shares in Lafarge are among the top gainers on France’s CAC-40 index as investors expect government spending on social housing to increase under France’s newly elected president, Francois Hollande. Lafarge’s stock rose 2.4%, more than offsetting the sharp drop suffered on Friday following weak US economic data.