Cement News tagged under: infrastructure
Queensland commits US$70bn to infrastructure investment17 June 2024, Published under Cement NewsAustralia’s Queensland government has announced AUD107.3bn (US$70.9bn) in infrastructure investment over the next four years as part of its Big Build programme. Priorities under the programme include decarbonising the state’s energy system, expanding its healthcare capacity, and preparing for the upcoming Brisbane 2032 Olympic and Paralympic Games, according to Felix Project News. Under the record AUD37.4bn Queensland Transport and Roads Investment Programme (QTRIP), key regional transpo... |
MPA sets out mineral priorities for the next UK government06 June 2024, Published under Cement NewsFollowing the announcement of a UK general election on 4 July, the Mineral Products Association (MPA) pushed out its seminal ‘Priorities for the Next Government’ document to party manifesto writing teams as well as key ministers, shadow ministers, other political leaders and advisers. The MPA document stresses that getting the policy framework right for producers of mineral products such as aggregates and concrete will directly help the next government deliver housing, renewable energy in... |
How soon can Vietnam's cement sector emerge from its crisis?19 April 2024, Published under Cement NewsThis week the Vietnam National Cement Association (VNCA) wrote to the country's Prime Minister with proposals to relieve the build-up of inventory at plants that are running at low utilisation levels, or having to shut down due to falling cement demand. In 2023 Vietnam's 61 cement plants saw production decline to 87.8Mt, with 31.2Mt (35.5 per cent) of this being exported. This marked a 16 per cent YoY drop in output, causing many plants to halt production for six months, or remain idle for ... |
Argos Dominica supplies Dominica International Airport16 April 2024, Published under Cement NewsArgos Dominica was selected as a key supplier for the construction of the Dominica International Airport, which is currently in the ground preparation phase. The company projects supplying a total of around 200,000t of cement throughout the construction phase. Argos Dominica has supplied more than 7500t of cement from June 2023 to date. "We are very excited to contribute to the building of Dominica's new international airport, one of the most important projects in the island's histo... |
AfriSam annual budget discussion centres on sluggish construction sector05 March 2024, Published under Cement NewsAfriSam recently gathered its stakeholders for its Annual Budget Breakdown event in Johannesburg, to hear insights on the construction sector and budget speech. Econometrix Chief Economist, Dr Azar Jammine, highlighted that the South African construction and building industries were still in the doldrums, with little sign of emerging from it soon. Dr Jammine pointed to the low economic growth rate and the poor level of gross fixed capital formation as the key culprits for the situation... |
India's CMA welcomes Interim Budget 2024-2507 February 2024, Published under Cement NewsIndia’s cement producers have applauded the country’s government for its sustained focus on infrastructure development in its latest Interim Budget 2024-25. Under the budget plan, investment in infrastructure will increase by 11.1 per cent YoY in 2024-25, equivalent to 3.4 per cent of GDP. Three major economic railway corridor programmes, namely the energy, mineral and cement corridor, as well as the port connectivity corridor and high traffic density corridor, are to be implemented t... |
MPA's new report issues warning to next UK Government30 January 2024, Published under Cement NewsWith a general election approaching in the UK, a new report from the Mineral Products Association (MPA) – ‘Priorities for the Next Government: Decarbonisation, Growth, Delivery’ – is urging all parties to carefully consider the supply of essential domestic mineral products in their manifesto pledges on housing and transport, schools and hospitals, flood defences and renewable energy infrastructure. The report outlines the three fundamental issues that the next UK Government needs to ge... |
Bangladesh's mega infrastructure projects provide cement demand04 September 2023, Published under Cement NewsThe Bangladesh government is implementing around a dozen mega projects using locally-made construction materials instead of imported alternatives. Bangladesh Prime Minister, Sheikh Hasina, inaugurated the 11.5km Airport-Farmgate segment of the 19.73km Dhaka Elevated Expressway, the first of its kind in the country, on 2 September. This expressway promises to be a game-changer for commuters in the capital city. According to the project details, 65 per cent of the work has been completed and w... |
Work accelerates on Slite CCS plant22 February 2023, Published under Cement NewsCementa ( Heidelberg Materials group ) is accelerating work to establish a full-scale carbon capture and storage (CCS) facility on Gotland, Sweden. The project, Slite CCS, is one of Sweden's most comprehensive climate change initiatives and is now being planned in a feasibility study. The goal is to transform the Swedish cement industry by 2030. When the CCS facility is ready in 2030, it will capture and store the Slite plant's total emissions of upwards of 1.8Mt aof CO 2 . This correspo... |
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... |