Cement News tagged under: construction
Construction in Great Britain contines to decline, warns MPA09 August 2023, Published under Cement NewsNew figures from the Mineral Products Association (MPA) provide more concrete evidence of the slowdown in Britain’s construction industry. The latest quarterly survey from the MPA – covering aggregates, asphalt, ready-mixed concrete and mortar in Great Britain – reveals a decline in actual sales volumes during the second quarter of 2023. The drop in construction activity, particularly in new housing, along with the impact of cost inflation on other areas such as roads, has contributed to the... |
Heidelberg Materials collaborates with Volvo Group20 June 2023, Published under Cement NewsHeidelberg Materials has signed a collaboration agreement with Volvo Group with the potential to significantly reduce carbon emissions in the construction industry. The aim is to jointly investigate and develop how the loading and hauling needs of Heidelberg Materials can be solved with the help of electrified vehicles and related services. As part of the agreement, Volvo Group’s emission-free solutions, a mix of its electric trucks and construction equipment machines, will be put to work ... |
Pakistan's federal budget FY23-24, up 51%, to benefit construction13 June 2023, Published under Cement NewsFederal Minister for Finance and Revenue Senator, Mohammad Ishaq Dar, announced the Budget for the next fiscal year, FY23-24, with a total budgeted outlay of PKR14.5trn (US$50.53bn), up 51 per cent compared to the budgeted cost of FY22-23, on 9 June. Arif Habib, JS Global, Al Meezan Investment, and other research houses have presumed that the federal budget for FY23-24 would impact the cement industry as 'Neutral' to 'Positive'. Cursory looks indicate that tax measures directly or indirec... |
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... |
UK spring budget: MPA rues missed opportunity20 March 2023, Published under Cement NewsThe Mineral Products Association (MPA) has responded to the UK Government’s Spring Budget by calling for clearer action to accelerate investment, green growth and infrastructure delivery, compared to the relatively “patchy and underwhelming agenda” set out by the Chancellor. The confirmation that the Aggregates Levy will be frozen for 2023-24 is a source of relief, although MPA is concerned that the Government plans to increase the Levy in line with the retail price index from 2024-25 onw... |
AfriSam awaits government infrastructure spending06 March 2023, Published under Cement NewsThe outlook for South Africa’s struggling construction industry remains uncertain, hovering between the massive infrastructure expenditure figures being publicly mooted and the state’s seeming inability to implement its economic recovery plans. Richard Tomes, sales and marketing executive at AfriSam , said: “Although the operating environment remains challenging, one of the positive elements AfriSam has noted is the increase in the infrastructure spend budget allocation, and we rema... |
Dyckerhoff supplies cement for Düsseldorf light rail project17 February 2023, Published under Cement NewsDyckerhoff is supplying cement and concrete for a new route is being built for the U 81 light rail line, which will connect Düsseldorf airport with the existing light rail network, thus enabling a direct journey from the airport via the old town to the main train station. In the first construction phase, which is 1.9km-long, not only two bridges are being built, one of them almost 0.5km long, but also a ~200m-long dam structure and a ~400m-long tunnel with an underground train station a... |
South Korean cement output slashed as truckers strike02 December 2022, Published under Cement NewsThis week the South Korean government stepped in with a presidential executive order to force striking cement truck drivers in the country to go back to work. Some 76 teams of government officials began conducting on-site investigations with police to order 2500 cement transport workers to return to work. The striking truckers are demanding a certain guaranteed level of wages and resorted to collective action to try and see their demands met. About 7000 people rallied in 16 regions across... |
European construction outlook revised down for 202325 November 2022, Published under Cement NewsThe outlook for Europe in 2023 remains challenging and unpredictable after a better than expected 2022, according to CIC Market Solutions. Citing recent data from Euroconstruct, the materials, construction and infrastructure sector in the EU-15 plus four Eastern European countries is now expected to expand by just 0.2 per cent next year, but this has been revised down from growth of 2.3 per cent forecast in June 2022. The UK market is expected to be particularly hit with a decline of 0.4 per... |
Recession looms for European construction sector07 October 2022, Published under Cement NewsFaced with rising energy costs, inflation and sluggish demand the European construction sector is braced for a negative landing in 2023, according to CIC-Market Solutions. With the autumn expected to see a modest decline in construction investments, Europe could well dip into a slight recession next year. CIC-Market Solutions has forecast a decline in construction investment of -1.1 per cent in 2023 following a post-pandemic high of 5.9 per cent growth. The French analysts suggest that Fr... |