Cement News tagged under: construction
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... |
European cement sector: a strategic contributor to Europe's future – report07 March 2013, Published under Cement NewsA study published by the Boston Consulting Group (BCG), commissioned by CEMBUREAU, outlines the competitiveness of the cement industry in Europe and its role in helping the region achieve its goals of developing a sustainable, resource efficient and innovative society. In a statement released yesterday, the European cement association said the report shows that the cement and concrete industry in Europe contributes to the economy with a total production value of €74bn, a value added of €... |
UK: new orders indicate cautious optimism for construction04 March 2013, Published under Cement NewsNew UK construction orders for the final quarter of 2012, released on Friday by the Office of National Statistics (ONS), rose three per cent compared to the third quarter and were 11 per cent higher than the same quarter a year earlier. Although new orders remain at historic lows, this is a second consecutive quarter of growth and potentially provides positive signs for the industry going forward. Commenting on the ONS figures, Milja Keijonen, Economist at the Construction Products Associat... |
Holcim less optimistic on European construction market27 February 2013, Published under Cement NewsHolcim said on Wednesday that it was less optimistic about the prospects for the European construction market in 2013 as it reported worse-than-expected earnings for its fourth quarter. "While group regions Asia Pacific, North America and Latin America are expected to witness higher sales volumes, Holcim is somewhat less optimistic with regard to Europe and Africa Middle East," the Swiss company said. Like many building supply companies, Holcim has been hit by a slowdown in the European... |
CPA: calls for chancellor to recognise construction potential driver as growth26 February 2013, Published under Cement NewsThe UK Construction Products Association (CPA) has called on the Chancellor to recognise the potential construction and product manufacturing has to drive short-term growth and enable long-term prosperity for the UK. In a statement, the CPA said it is vital government spend the GBP4.69bn capital investment boost announced in the 2011 Autumn Statement and the additional GBP5.5bn announced in December. Together these investments would provide at least an additional 0.8 per cent growth in GDP i... |
EU December construction output falls MoM20 February 2013, Published under Cement NewsConstruction output fell by 1.7 per cent in the euro area EA17 and by 2.7 per cent in the EU27 in December 2012, compared with the previous month. The largest monthly declines were seen in Bulgaria, Poland and Germany, in descending order, according to first estimates released by Eurostat, the statistical office of the European Union. Compared with December 2011, production in December 2012 dropped by 4.8 per cent in the euro area and by 8.5 per cent in the EU27. Compared with 2011, t... |
UK: recovery in Q4 masks longer-term trend11 February 2013, Published under Cement NewsThe latest Construction Trade Survey (CTS) published last Friday, shows that the majority of the construction industry endured a difficult 4Q12, due to declining output and orders on the demand side, combined with rising costs on the supply side. Large firms, especially those working in the infrastructure sector, have reported improving conditions, but the bulk of the industry still faces a very difficult year ahead especially those further down the supply chain, who are experiencing a con... |
Earthquake reconstruction efforts boost Sumitomo Osaka’s nine month operating profit08 February 2013, Published under Cement NewsSumitomo Osaka Cement is expected to report a strong gain in operating profit for the first nine months of the fiscal year on the back of earthquake reconstruction efforts. The company is expecting a 90 per cent YoY increase in consolidated operating profit to about JPY9bn for the nine months ended 31 December 2012. This would represent the highest figure for the April-December period in five years. Sales were up by approximately four per cent with consumption for ports and roads in the di... |
UK construction contracts for the third month05 February 2013, Published under Cement NewsUK construction output fell for a third consecutive month in January, according to a survey from the Chartered Institute of Purchasing and Supply (CIPS). January was the first month since last summer in which none of the three construction sub-sectors monitored by CIPS achieved growth. The civil engineering sub-sector suffering its first drop in activity since August. Housebuilding activity continued to fall, and commercial property construction stagnated in January,. CIPS' seasonally-a... |
UK construction: calls for real activity04 February 2013, Published under Cement NewsFollowing disappointing 2012 figures, the UK construction sector is braced for another tough year ahead and industry bodies are stressing the need to boost activity across the sector to prevent further declines in the industry and the wider economy. Evidence of a rapid decline in construction activity was confirmed by Mineral Products Association (MPA) sales survey results for 2012, which indicate a reduction of nine per cent in cement, aggregates and ready-mixed concrete in 2012 and an 1... |