Cement News tagged under: housing
Sino Zimbabwe sales boosted by housing developments07 August 2017, Published under Cement NewsSino Zimbabwe Cement realised a 10 per cent YoY increase in sales volumes in the second quarter of 2017 driven by housing developments across the country. Yong Wang, managing director of the local cement producer, told Business Chronicle (Zimbabwe) that the company has been facing a number of challenges including liquidity constraints and the alleged smuggling of cheap cement imports, especially from South Africa. However, he noted that “there has been progress,” mainly due to housing deve... |
LafargeHolcim inaugurates first dedicated Durabric plant in Malawi14 July 2017, Published under Cement NewsOne year after the launch of 14Trees, LafargeHolcim’s and CDC’s joint venture to scale-up Durabric, 13 July 2017 marks the next step in its development with the inauguration of a dedicated manufacturing plant in Malawi. Durabric is LafargeHolcim’s affordable building solution, produced with a unique blend of earth, sand and cement, which removes the need for firing, helping fight deforestation. Equipped with an automatic production line, the Malawi plant is the first to produce Durabric ... |
MI Cement signs MoUs with Housing and Building Research Institute09 May 2017, Published under Cement NewsMI Cement Factory or Crown Cement and GPH Ispat have signed two separate memoranda of understanding with the Housing and Building Research Institute to develop environment-friendly construction materials. The two agreements were signed by Crown Cement Executive Director, Md Habibur Rahman Mollah, GPH Ispat Director, Md Ashrafuzzaman, and Housing and Building Research Institute Director Engineer, Mohammad Abu Sadeque on Sunday, local media report. The Housing and Building Research Insti... |
Kazakhstan: a nation’s vision17 October 2016, Published under Cement NewsWhile the need for infrastructure and housing is considerable in Kazakhstan, lower oil receipts, a depreciating tenge and sluggish global growth conspire against elevated levels of public spending. However, the government has pinned its hopes on foreign investment to meet construction demand as well as expand the cement production base, which in turn will reduce expensive imports. While cement demand growth rates of the past are not expected going forward, Kazakhstan still has a co... |
Anhui Conch29 March 2016, Published under Cement NewsEarlier this month, shares in Anhui Conch on the Shanghai Composite Index jumped by the maximum daily limit, driven by a surge in the Chinese property sector. Analysts have predicted a warming up of the mainland housing market amid rumours of stimulus measures from the Chinese government later this month. February saw house prices rise in 47 of China’s 70 largest cities, according to the National Bureau of Statistics, which analysts hope will fuel further investment in the real estate sec... |
Indonesia sees 3% rise in Feb sales10 March 2016, Published under Cement NewsCement sales in Indonesia rose three per cent YoY to 4.45Mt in February 2016 from the same month one year earlier. Widodo Santoso, chairman of the Indonesia Cement Association (ASI), attributed the country's rising cement sales to the ongoing development of infrastructure projects across the archipelago. Three regions showed a marked increase in cement sales last month: Sumatra (+16.5 per cent YoY to 2.13Mt), Sulawesi (+33 per cent YoY to 841,000t) and the Moluccas & Papua (+31 per c... |
ASI hopes infrastructure development and housing will boost Feb sales02 March 2016, Published under Cement NewsFollowing the positive start to 2016, the Indonesia Cement Association (ASI) hopes to see an increase in February cement sales on the back of the government’s 1m-unit housing programme and infrastructure development in villages (for which the government allocated IDR47trn in the 2016 State Budget). Earlier this week, Indonesian Finance Minister, Bambang Brodjonegoro, said the government's spending on infrastructure projects in the first month of the year had increased 15 times to IDR1.5trn ... |
CPA: ONS construction figures highlight growth in private housing but sharp falls in public housing15 December 2015, Published under Cement NewsLatest figures from the UK’s Office of National Statistics (ONS) state that total construction output rose by 0.2 per cent in October compared with September and was one per cent higher than a year ago. The Construction Products Association (CPA) underlined that these figures, released on Friday, clearly highlight the rise in private housing and the sharp fall in public housing. Dr Noble Francis, Economics Director of the CPA, commented: “After the slowdown in construction activity in Q3, ... |
German cement consumption expected to fall 1.6% in 201515 July 2015, Published under Cement NewsGerman cement consumption is expected to decline by 1.6 per cent YoY in 2105 to around 26.7Mt, as local cement producers no longer anticipate being able to compensate for lower market demand recorded in the first quarter of this year. The forecasts released by the German Cement Works Association VDZ yesterday show that due to subdued markets in April and May, volumes are unlikely to regain enough ground to make up for the slower performance so far in 2015. Lower level of industrial const... |
India: AP producers set to receive state spending boost19 June 2015, Published under Cement NewsCement companies based in the southeastern state of Andhra Pradesh (AP) are to receive a boost from the state government's plans to procure more than 2Mt of cement this year for infrastructure and social development projects. According to official estimates, the AP state government will need over 2.2Mt of cement in 2015-16 to be acquired from local manufactureres. Irrigation projects will consume the lion's share of volumes followed by housing, local administration, and roads. AV Dharmak... |