Cement News tagged under: Housing
Cemex Latam to participate in construction of 12,000 sustainable housing units08 April 2014, Published under Cement NewsCemex Latam Holdings (CLH) announced today it expects to participate in the construction of approximately 12,000 sustainable housing units in Latin America during 2014, the company said in a statement. CLH will use innovative construction systems and specialty concrete products that contribute to increase energy efficiency translating into reduced energy costs for the families living in these houses. Additionally, these specialty concrete products help to optimize the use of natural resourc... |
Colombian demand grows 12% in February01 April 2014, Published under Cement NewsColombian cement demand expanded by 11.7 per cent in February 2014 compared to the previous year with dispatches reaching 924,000t, according to the statistics office, Dane. Major growth was recorded in Antioquia, Cundinamarca, Magdalena, Norte de Santander y Cauca. Cement production rose to 907,800t, up 10.2 per cent when compared with the same month a year ago. In the year ending February 2014, deliveries advanced by five per cent YoY to 10.972Mt. Output from Colombia’s cement plant... |
Germany holds its course18 September 2013, Published under Cement NewsAlthough German economic growth decelerated again in 2012, construction investments held and cuts in cement consumption were limited to just under five per cent. Moreover, prices remained stable and imports declined. However, the country’s cement producers saw no rise in overseas sales, which were hit harder than local deliveries. For 2013-14, the market is expected to be stable with hopes that growth is not far off. German cement sales held up best in the provinces of Bavaria and Bad... |
Cemex starts affordable housing construction project, Dominican Republic05 September 2013, Published under Cement NewsCemex has launched the construction of 186 units of affordable housing in the province of San Pedro de Macoris, during a ceremony headed by the President of Dominican Republic, Danilo Medina. The 186 homes are part of the first stage of Altos del Higuamo project, which includes the construction of 568 houses with a total investment of approximately US$18m. The first 60 units will be delivered in December 2013. This housing complex is outstanding in its category and includes green, instit... |
Cemex seeks further collaboration for housing and infrastructure projects21 August 2013, Published under Cement NewsDuring its participation in the XLVIII Inter-American and Caribbean Housing Conference, Cemex announced that it has collaborated in the development of infrastructure projects, as well as in the construction of close to 10,000 housing units. Speaking at the event in the Chilean capital Santiago, Carlos González, president of Cemex in the Dominican Republic and leader of Cemex's Infrastructure and Housing Initiative, exemplified the diverse integrated solutions that Cemex offers the market, ... |
Lafarge Malaysia to open R&D laboratory14 August 2013, Published under Cement NewsLafarge Malaysia Bhd plans to set up a research and development laboratory to provide solutions to Malaysia’s construction industry and anticipated housing requirements. Bradley Mulroney, President and CEO of the company said Malaysia faced its biggest challenge in offering an affordable prices for housing units, especially in the urban areas. "With most population dominating the urban areas and cost of living tremendously high, we do not want the people, especially the younger generation,... |
PT Semen Indonesia downgraded18 July 2013, Published under Cement NewsBahana Securities downgraded cement maker PT Semen Indonesia to "hold" from "buy", saying the slowdown in the property market and higher cost of goods sold (COGS) translated to limited share price upside. "Although we believe SMGR will continue benefiting from growing domestic cement volumes, slowdown in property market due to financing constraints may potentially lower volume growth target," Bahana analyst Teguh Hartanto said in a note on Wednesday. The research house said it does not ... |
Vietnam cement sales rise 9% YoY, Jan-May 201304 June 2013, Published under Cement NewsDomestic cement sales in Vietnam rose nine per cent YoY in the first five months of 2013, pointing to signs of economic recovery thanks to government measures to stimulate the housing market. Latest data from the country’s Ministry of Construction said that domestic sales by local producers totalled 19.15Mt during January-May 2013. The country also produced 23.8Mt of cement between the period, fulfilling 41 per cent of the whole-year target, including an on-year rise of 19 per cent i... |
Credit Suisse sees Indian demand higher from next fiscal11 April 2013, Published under Cement NewsDespite the Indian cement sector facing a number of challenges last year, Credit Suisse forecasts improvements in consumption going forward with higher growth rates expected from the next fiscal. The domestic market saw mixed results in calendar year 2012, with the first half proving encouraging but a slowdown in the second part of the year fell short of analysts expectations. While the initial months of 2013 have failed to bring any real cheer to the sector, analysts at Credit Suisse see... |
UltraTech sales decline 6% in February07 March 2013, Published under Cement NewsUltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market. The Aditya Birla group company sold 3.31Mt of cement last month compared to 3.51Mt in the same period of last year. Production during February 2013 also dropped to 3.32Mt compared to 3.46Mt in February 2012. The company did not elaborate as to why sales were slower, but industry experts said the winter seasons a... |