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
Summit rebounds from first-half setbacks, CRH completes Europe distribution divestment, GB mineral products update, Eagle Materials 2Q performance boosted by strong cement sales, Swedish slag grinding order for Gebr Pfeiffer and a new MD joins Hanson MQP division.
SigmaRoc 1H results boosted by CCP acquisition, Holcim Croatia acquires Readymix Croatia, St-Gobain hits disposal target, US construction spending up, SIG lowers expectations and Breedon makes road surface acquisition.
Boral strikes Asia and Australia deal with Knauf, St-Gobain reports first-half sales rise, Hanson asphalt plant investment, AdBri revenue declines, Watertight concrete solution, CRH reports 1H sales ahead, Greece construction recovery and Walan receives an air permit.
MPA reports weak markets in the 1H19, Eurostat highlights monthly output decline, Eagle Materials 1Q revenue down 6%, LafargeHolcim and Solidia's first commercial venture, Sales talks for St-Gobain division, Sika expands mortar plant in Serbia and Cemex invests in a UK-based ready-mix plant.
Metso Minerals to merge with Outotec, St-Gobain continues portfolio optimisation strategy, CRH divests Europe distribution, HeidelbergCement completes deal, Charah to open third SCM unit, Mississippi Lime is set to acquire Southern Lime and Tarmac expands asphalt range.
Eagle Materials to split core businesses, Construction output down by 0.3 per cent in euro area, Sika acquires Parex, Chaney Enterprises opens new Virginia concrete plant, Hanson orders new marine dredger and Tarmac drives industry change with ready-mix concrete technology.
CRH reports a positive start to the year, Knauf completes USG acquisition, Quinn eyes new ready-mix plant, Eagle Materials launches a strategic portfolio review, Cemex signs German agreement and the MPA reports sluggish 1Q19 sales.
Vulcan EBITDA improves despite higher costs, Cemex to make German divestments, Votorantim acquires United Materials, Sika expands mortar production capabilities, Ambuja launches green IHB offering and construction output is down by 1.4 per cent in the euro area.
Record volumes and profit for Martin Marietta, sombre outlook for South African construction, CRH full-year EBITDA advances by seven per cent YoY, changes to Boral's senior executive management team and Pattison Sand opens a new US plant.
Eagle Materials reports 3Q revenue fall of seven per cent. LafargeHolcim makes further bolt-on acquisition. In Malaysia the growth in the construction industry slows while in Great-Britain housebuilding provides the construction market with a boost. Charah Solutions opens a new slag and pozzolans facility.
MPA reports a further reduction in CO 2 emissions, China's construction industry expected to expand in 2019, SIG revenue is hit by a weaker construction market, Mexican ready-mix concrete price increases, Singapore releases its construction demand forecast and Sika has opened a new plant in Central America.
CRH nine-month sales and EBITDA, monthly gains in European construction output, Australia sees a record concrete production year, US spending is flat and the MPA reports that a minerals supply cannot be assumed.
Summit Materials gains despite record rainfall in US, Nicaragua sets out road development plan for 2019, St Gobain’s focus on price pays off in 9M18 results, Azerbaijan materials to hit AZN1bn by 2022 and Italian sales are up 22 per cent.
Global construction output to hit US$13trn by 2022, Lime market to see CARG of 2.5% in 2018-26, French construction expands by 3%, Wienerberger revises EBITDA forecast, World's first fully-recycled road and EUPAVE launches guide to LLCA.
Wienerberger sets out its growth plan for 2018-20 while Boral reports a revenue increase of 34 per cent. Turkmenistan sees the opening of a new gypsum plant and Sika opens a new factory in Dubai. US Concrete expands its aggregate business.
Eagle Materials reports record revenue up 8% YoY and the Pacific Alliance announces a new infrastructure investment fund. South Africa's civil engineering sector is expected to remain in the duldrums in 2018. Meanwhile, LafargeHolcim launches two new cement solutions.
US index reveals fears over skilss levels and tarifs while the MPA welcomes a constructor sector deal in the UK. Construction output in the euro area edges up. Saint-Botain acquires a ceilings business while Martin Marietta buys Mallard Sand & Gravel.
While in Ireland construction activity accelerates, clouds gather over the UK. Cemex signals its success by being awarded a cement and concrete supply contract for the Suez project and a sustainability award. Italy's construction equipment manufacturers enjoy an export boom. Knauf is to acquire USG Corp in US$7bn deal.
Breedon agrees to acquire Lagan Group. Vulcan posts increased 1Q earnings. While the harsh winter keeps LafargeHolcim and CRH revenues flat, Loma Negra sees 1Q sales up by over 40 per cent.
Forterra strengthens is leading UK masonry position while the European equipment market hits a high. In addition, US commercial construction indicates a land of opportunity. Paroc Group expands capacity in Poland.
