Cement News tagged under: Residential
Dyckerhoff supplies low CO2 efficient construction16 May 2023, Published under Cement NewsThe new residential quarter in Ludwigshafen am Rhein, "Mein Ludwigs”, has been supplied with Dyckerhoff ’s low CO 2 efficient cements and concretes for the large-scale construction project. The new residential area is currently being built on a former 2.5ha company site in the southwest of Ludwigshafen, near the banks of the Rhine, Germany. It was planned by the multiple award-winning Frankfurt architecture firm Stefan Forster Architekten, which specialises in residential buildings. Th... |
PCA: positive gains in US residential housing expected21 January 2015, Published under Cement NewsResidential housing starts will be on the increase in 2015 according to the Portland Cement Association (PCA) with positive gains expected to continue next year. In his annual residential housing forecast during the 2015 International Builders Show, Edward J Sullivan, PCA Chief Economist and Group VP announced that housing starts will increase 20 per cent to 1.2 million units in 2015. This is up from roughly 950,000 units in 2014, and strong gains are also expected for 2016. Multifamily un... |
US residential market expected to accelerate in 201506 January 2015, Published under Cement NewsThe US housing market is expected to accelerate during this year, according to the latest commentary from Ed Sullivan, chief economist and group vice president of the PCA. Presenting the industry body’s 2015 residential forecast at International Builders Show, Mr Sullivan highlighted that recent growth in the economy, as well as continued added jobs to the United States workforce have 'fortified both economic and residential construction growth across the country.' On the back of these enc... |
AdBri 1H net profit falls, revenue edges ahead28 August 2014, Published under Cement NewsAdelaide Brighton reported a 3.9 per cent rise in first-half revenue to AUD602m, as improved pricing and increased cement from the residential sector on the eastern seaboard offset a decline in project volumes in South Australia and a reduction in lime sales volumes. The company reported a net profit for the half year ended 30 June 2014 of AUD51.2m, down 15.9 per cent compared to the same period of last year. Adjusting for significant items, underlying net profit of AUD61.2m was 2.9 per... |
PCA sees higher demand growth from 201413 September 2013, Published under Cement NewsWhile an unusually wet spring and early summer impacted cement consumption in the first quarter of 2013, it has not put a dampener on the opportunity for strong growth in the construction sector in 2014 and beyond, the Portland Cement Association (PCA) writes in its latest forecast. The industry association sees cement consumption increasing by a modest four per cent in 2013, but will approach double-digit growth in 2014 and 2015, with 9.7 per cent consumption increases in both years. "... |
PCA expects accelerated second-half demand to spur US market recovery04 June 2013, Published under Cement NewsUS cement consumption growth will continue through 2013 and increase by 6.2 per cent YoY, according to the latest forecasts from the Portland Cement Association (PCA), with the majority of market recovery expected to occur in the second half of the year. "Recessions correct imbalances generated during boom periods," Ed Sullivan, PCA chief economist said. "Few economists doubt the generation of a large pent-up demand during the past several years. The question is, when the economy will unlea... |
Boral's 3Q earnings hit by weak residential market, Australia06 May 2013, Published under Cement NewsAustralian building materials major, Boral Ltd, announced that continued weakness in the domestic housing sector and weaker-than-expected results from its Construction Materials and Building Products operations adversely impacted its third quarter earnings. In a recent trading statement, the company said it now expects its net profit before one-off items to 30 June 2013 to be in the range A$90m to A$105m, assuming a further US$10m from property sales yet to be finalised. That would compa... |
China's cement sector faces impact of new property control policies12 March 2013, Published under Cement NewsThe Chinese cement sector recovery is likely to face further headwinds in the near-term given stricter property control policies announced on 1 March. The government is to initiate an array of measures including higher transaction duties, increased down payments and mortgage interest rates and strict purchase qualifications, as it tightens its grip on the real estate sector. China’s cement industry reported a 32.8 per cent drop in profits last year, according to latest data from... |
PCA revises 2013 consumption outlook upwards18 January 2013, Published under Cement NewsAccording to the latest forecast from the Portland Cement Association (PCA), there will be an 8.1 per cent growth in cement consumption in 2013, significantly higher than the tepid growth projected in its fall 2012 report. The upward revisions reflect adjustments made in light of the recent fiscal cliff accord, recognition of stronger economic momentum, and markedly more optimistic assessments regarding residential construction activity. The January report marked 2012 consumption at 78... |
Swiss cement deliveries see 2012 setback09 January 2013, Published under Cement NewsDomestic cement sales in Switzerland saw a 6.2 per cent decline in 2012, latest data from the domestic cement association, Cemsuisse shows. For full year 2012, domestic sales reached 4.395Mt compared to 4.687Mt in 2011. The country was affected by a long period of adverse weather conditions during the spring which led to first quarter deliveries being down by 22 per cent. In the fourth quarter sales were 1.092Mt, down 1.18 per cent from the 1.105Mt recorded in 4Q11. The proportion o... |