The Building Bulletin Newsletters are a monthly roundup of all the latest news in the building materials sector. Free to subscribers of International Cement Review
Study reveals that the EU is not ready for the circular economy, CRH shifts its main stock listing to the USA and Ibstock posts a 26 per cent increase in revenue. Meanwhile, Pan-United start a CCU solution at Tuas Port, Adbri's revenue rises by eight per cent and Bellona hails EPBD recast on emissions. Saint-Gobain announces record 2022 results and EU production in construction falls by two per cent and two-and-a-half per cent in the Euro area.
MPA issue warning on falling GB mineral product sales, architects and contractors arrested after Turkish earthquake damage, Indian construction budget boost, St-Gobain extends insulation portfolio, Irish construction output declines, Holcim acquires Pioneer Landscape, Cem 2 Zero project launches, Knauf targets Scope 3 emissions and Wienerberger invests in low carbon future.
Sika records sales of more than CHF10bn in 2022, Egyptian building materials exports rise by seven per cent YoY, UK equipment rental market thrives, PSNA and Chrono Chape join Holcim, CEMEX to extend and restore Derbyshire quarry, new president announced for American Gypsum, Israeli housing starts advance by 15 per cent in 2022 and China Resources Cement opens a new aggregates line.
Breedon reports a 14 per cent growth in revenue in 10M22, EU agrees carbon border tariff launch in 2023, UK construction activity slumps, Australia raises rail spending, CR Cement's new aggregate line in China, SigmaRoc installs Aqualiung carbon capture technology, CASE ends sales activities in China, Heidelberg Materials makes acquisitions and third Birla white putty plant opens.
Eagle Materials reports record revenue in 2QFY22-23, China issues its first roadmap for building materials, Summit Materials posts a four per cent revenue rise, Hanson explores hydrogen heat, the gypsum board market expands by 15 per cent, Aggregate Industries' carbon tool, NBS and Glenigan in industry first, Cemex expands solar investments and Heidelberg Materials posts 13 per cent revenue boost.
UK Construction sector faces recession in 2023, St-Gobain partners with Ecocem, Holcim closes Izolbet acquisition, Sika sees sales advance of 18 per cent YoY, European equipment to hit US$201bn, Hanson and Leica form road alliance, AfriSam supplies new R63 route, Firms compete for Saudi Arabian gypsum, Cemex develops its spider tracker and Finish construction investment falls.
Low water level concern for EU construction companies, SigmaRoc signs net zero lime joint venture, Michelmersh records record 1H22 results, Singleton Birch is acquired by Mississippi Lime, US Construction CARG of six per cent growth forecast, Shell trials Bitumen CarbonSink, Argos invests in US$40m mixer fleet and Saint-Gobain takes the lead on CO 2 .
Greedon Aggregates sees strong GB market post-COVID, Online retailing boosts UK construction output, Sika's "robust strategy" pays off, Argos aggregates expansion plan, Germany navigates uncertain waters, Sizewell C project over last hurdle, Nigeria welcomes fibre broad plant, Cemex pilots electric concrete mixers, Volcam posts sharp revenue rise.
Holcim continues to expand its global footprint, Sika opens a new concrete admixtures plant in the US, GCCA releases a procurement report, Vulcan welcomes a board member, Construction PMI continues to fall, Wienergberger boosts roofing portfolio, Cemex acquires German aggregates company and North American output growth.
Eagle Materials posts record-breaking revenue, Saint-Gobain electrifies Montreal gypsum plant, Weinerberger revenue rises 45 per cent YoY in 1Q22, Cemex supplies a sustainable housing project, New CDW recycling facility opens in UK, ECOncrete ® in line-up for inventor award, Holcim extends US reach with Cajun deal, Nigeria welcomes new fibre board production facility.
Saint-Gobain reports records sales in the 1Q22, Vulcan Materials sees a 44 per cent pick up in 1Q revenue, Sika posts record 1Q sales, US housing start ups rise by 0.3 per cent in March, Breedon Group sees revenue growth of 16 per cent in the 1Q22, Martin Marietta achieves record 1Q22 results and Tarmac signs up to Loop scheme.
SigmaRoc results exceed analyst expectations, LafargeHolcim Bangladesh resumes aggregate business, US gypsum production rises six per cent YoY in the 4Q21, Buenos Aires reports strong construction activity in February, UK adds additional tariff on Russian timber imports and Cemex expands Florida block business.
CRH announces record 2021 results, Doman Building Materials Group sees revenues jump by 58 per cent, Cemex pilots electric RMC trucks, Adbri to supply Oz Minerals Ltd, Fletcher Building sees two per cent uptick in revenue and Martin Marietta announces sale to to CalPortlandCompany.
Sika reports record sales in 2021, up 17 per cent YoY, Saint-Gobain divests Estonian glass business, Eagle Material reports 14 per cent pick up in revenue, US gypsum supply rises by five per cent YoY and Hitachi sells controlling stake to Japanese JV.
Saint-Gobain closes 2021 with a flurry of transaction announcements, Cementos Molins acquires Spain-based precast concrete company, UK material supply pressures expected to continue through 2022 and Cemex divests Costa Rica and El Salvador assets.
Strong demand and pricing progress boosts CRH, Saint-Gobain rolls out US$400m expansion plan, Breedon enjoys strong pricing and demand levels, Holcim announces DYNAMax rollout in 2022, Adbri completes Metro Quarry acquisition and First universal standard for carbon.
Saint-Gobain sees continued dynamic growth in 3Q, New kiln design targets zero-carbon lime, Sika sees record results in sales and EBIT in 9M, Gypsum market growth for 2020-30, European production in construction declines and Cemex reports strong top-line growth in 3Q.
EU construction volumes to rise by five per cent in 2021, Cypriot material prices rise 14 per cent YoY in August, SIG sees return to growth in first half of 2021, UK hydrogen technology trial a success and Holcim closes Utah and Poland acquisitions.
A new US infrastructure bill is expected to boost construction while New Zealand is reported to have "dropped off" the global supply chain. Etex and CRH report robust 1H performances. UK construction remains upbeat despite softer August but European production is down MoM in June.
Cemex reports 25 per cent uptick in net sales in 2Q21, Boral divests timber business to ‘reset’ portfolio, Sika sets new sales record despite pandemic, UK materials producers supply record volumes and UK equipment sales up 70 per cent in June.
