Cement News tagged under: construction
EU economic recovery threatened by building material shortages09 July 2021, Published under Cement NewsEuropean construction executives are increasingly concerned that the building material shortage and higher material prices could undermine the EU's flagship EUR800bn Economic Stimulus Plan (ESP). The Construction Industry Federation (FIEC) has reported that cement prices have increased by 10 per cent in a single month, timber prices were up 20 per cent and bitumen prices have risen 15 per cent in three months. Market analysts suspect that the higher building material prices, product shortage... |
Cemex supplies largest maintenance airport in Europe27 January 2021, Published under Cement NewsCemex is supplying cement and concrete for the Teruel Airport Platform, the largest maintenance, repair and operations airport in Europe. Cemex has supplied 30,000t of cement required to produce 100,000Mm 3 of concrete to build two new hangars, the expansion of the parking arae, a runway of around 3km and industrial zone, terminals, amongst other facilities for the Spanish airport. |
Philippines: poised to rebound?02 December 2020, Published under Cement NewsHaving being one of southeast Asia’s strongest performers in recent years, the Philippines construction and cement industries have been hit by the impact of COVID-19 during the 1H20. However, the easing of restrictions, some positive economic indicators and pent-up demand could lead to cement consumption bouncing back in 2021. By Jagdeep Verma, Holtec Consulting, India. Holtec India endeavours to examine the impact of COVID-19 on the Philippines cement industry and share its views ... |
Saudi: a belief in brighter days17 November 2020, Published under Cement NewsSome of the shine has been taken off Saudi Arabia’s cement market as a result of the COVID-19 pandemic and lower oil prices. However, the sector remains relatively healthy and the housing market is expected to continue driving demand, while the implementation of mega projects could be a game-changing catalyst. By EFG Hermes, Saudi Arabia. Saudi Arabia’s long-term potential trumps short-term challenges Despite the COVID-19 shock, cement demand in Saudi Arabia is expected to grow ... |
Germany: leading the recovery05 October 2020, Published under Cement NewsThe German cement sector has fared better than most during the pandemic. Cement demand is forecast to remain stable this year, with a more cautious outlook for 2021. Meanwhile, producers are embracing the latest technology for a leaner, greener manufacturing base. HeidelbergCement’s plant at Burglengenfeld, Germany, was modernised in 2017-18 with a new kiln, baghouse and SNCR system Germany’s economic growth slowed to 0.6 per cent in 2019 from 1.5 per cent the previous year,... |
LafargeHolcim and IBM join forces to develop ORIS05 August 2020, Published under Cement NewsLafargeHolcim is exploring varied ways of expanding its digital portfolio, not just in cement and its 'Plants of Tomorrow' initiative, but also through its portfolio of building materials. LafargeHolcim will work with IBM Services to further develop the first digital platform for road design optimisation called ORIS. ORIS can reduce road project costs by up to one-third and carbon emissions by up to half while tripling road durability and usage lifespans, claims LafargeHolcim. ORIS asse... |
South African cement sector is operating in survival mode13 July 2020, Published under Cement NewsBheki Mthembu, head of the inland business unit of PPC, says the lack of large-scale construction projects in South Africa has left cement producers heavily dependent on residential construction. "The sector has had issues for a while and government needs to support us through infrastructure maintenance and other projects. We were in survival mode and COVID-19 almost served as the final nail in the coffin," said Bheki Mthembu. "There is a very small piece of cake that everyone ... |
Work on Potosí to resume01 July 2020, Published under Cement NewsConstruction work on the new state-owned Potosí cement works in Bolivia will resume in July, according to House of Representatives member Gonzalo Barrientos. "In July, the works of the Potosí cement factory will restart, which is part of the economic reactivation measures. In five months, the project for provisional delivery will be completed," said Mr Barrientos. Pending resources will be transferred to the company in charge of project implementation so the work can be resumed. In addi... |
Federal Budget FY21 impacts positively on the cement industry in Pakistan15 June 2020, Published under Cement NewsHammad Azhar, Pakistan's Federal Minister for Industries and Production, on June 12 unveiled a tax-free federal budget for FY20-21 in Parliament with a total outlay of PKR7.136trn (US$43.2m), to spur economic recovery following the economy's contraction in the outgoing fiscal year for the first time since 1952, due to COVID-19. He proposed no increase in salaries of its employees and pensioners, a rise in levies on luxury products, and tax relief for the cement sector, sanitary-ware and lo... |
Return to prosperity forecast for Pakistan's cement sector08 June 2020, Published under Cement NewsPakistan's cement industry is likely to prosper in the coming months, due to some positive developments at the local and international level, anticipated by three of Pakistan's leading research houses. BMA Capital Management forecasts that the cement sector is showing signs of revival, backed by initiation of the Naya Pakistan Housing Scheme and construction package announced by the government. Moreover, the easing of lockdowns has raised hopes for improved cement dispatches in the coming m... |