Cement News tagged under: infrastructure
Bangladesh budget sets higher GDP for FY2014 June 2019, Published under Cement NewsAHM Mustafa Kamal, Bangladesh Finance Minister, in his budget speech in Parliament on 13 June proposed that country's GDP grew consistently at a very high rate in the last decade. He added, "We expect a GDP growth of 8.13 per cent in FY218-19. Our commitments are to achieve a growth rate of 10 per cent by FY23-24, and maintain that rate until 2041 so that we can lay a solid foundation for becoming a high income country by that time." To achieve this objective, minister said that GDP growt... |
China's cement production level to hold steady through to 202029 April 2019, Published under Cement NewsChina's cement output has fallen from a peak in 2014 but will hold steady through 2020, according to a report from global ratings agency Moody’s. The lower production volume reflects the closer of inefficient capacity and winter production, where the government reportedly seeks to reduce emissions. "The lower production volume and steady demand support the price of cement," said Roy Zhang, assistant vice president and analyst. "Such prices will help sustain producer margins." Prices are ... |
Infrastructure projects lead to shift in Indian cement demand15 April 2019, Published under Cement NewsThe Indian government’s infrastructure drive is leading to a shift in demand for cement. The last few years have seen cement demand for the infrastructure sector advance by five per cent with the share of the housing sector in total cement consumption falling, according to the Business Standard. Infrastructure now accounts for 20 per cent of cement demand, according to HM Bangur, managing director at Shree Cement. “State and central government road projects and other infrastructure like po... |
Bashundhara Group to supply major infrastructure projects14 January 2019, Published under Cement NewsBangladesh's Bashundhara Group has been selected as the cement supplier for the country's first Metro Rail project and the construction of Kalna Bridge over Madhumati River in Gopalganj. Abdul Monem Ltd is the contractor for both projects. Bashundhara will provide 150,000t of cement for the Metro Rail project and 50,000t for the 690m-long Kalna Bridge. "Bashundhara and Abdul Monem Group are like members of a family. I wish every success of the projects," said Sayem Sobhan Anvir, managing ... |
Trinidad Cement helps promote safe building practices06 November 2018, Published under Cement NewsThe Tobago House of Assembly and Trinidad Cement Ltd (TCL) collaborated to host a one-day concrete and cement symposium last week to promote best building practices. TCL’s Group Commercial Strategy Advisor, Avalene Mooloo, noted the importance of strong infrastructure in the region. "With the onslaught of the amount of natural disasters that has been occurring in the Caribbean for the last couple of years – Haiti all the way back to the last weekend in Trinidad – where we have been getti... |
Cemex Croatia is supporting Montenegro infrastructure projects10 May 2018, Published under Cement NewsCemex Croatia is actively participating in Montenegro's infrastructure boom by supplying building materials for several infrastructure projects, including three mixed-use resorts and a highway. For the Smokovac-Mateševo section of the Bar-Boljare highway – the largest engineering project currently under development in Montenegro – Cemex has already supplied over 280,000t of cement and continues to participate in this project. This 41km-long section of highway, part of Bar-Belgrade-... |
Hima partners with Chinese contractor for three infrastructure projects in Uganda06 September 2017, Published under Cement NewsHima Cement, LafargeHolcim company in Uganda, and China Communications Construction Company (CCCC) on 12 July signed a memorandum of understanding to deliver solutions for three major infrastructure projects. The Ugandan government prioritising infrastructure development as one of the drivers of economic growth and Hima Cement will contribute to the country’s effort to build durable and reliable infrastructure. According to a memorandum of understanding (MoU) signed mid-July, LafargeHolcim ... |
Cemex participates in key Polish infrastructure road project11 July 2017, Published under Cement NewsCemex is participating in the construction of the major S7 Expressway in Poland by supplying over 400,000m 3 of concrete. This cross-country expressway connects the Baltic coast to cities such as Warsaw, Kraków, and the Slovakian border region. To improve the highway’s traffic flow and road safety, one of the stretches of the S7 Expressway involved the construction of a 920m-long bridge on the Koszwaly to Nowy Dwor Gdanski section over the Vistula River, in northern Poland. This bridge is... |
Philippines: gearing for growth30 June 2017, Published under Cement NewsCement producers in the Philippines are gearing for growth, outlining new plant projects to ensure they are prepared to address the demand of anticipated public and private infrastructure spending. Cement demand in the Philippines has taken off in recent years, largely due to government infrastructure investment as well as industrial and commercial sector activity. Domestic cement consumption in 2016 amounted to just under 26Mt, up 6.6 per cent YoY despite a slowdown in the fourth quarter ... |
BOI seeks further industry investments21 June 2017, Published under Cement NewsThe Philippine Board of Investments (BOI) is seeking investment in the cement sector as it expects demand to hit 40Mta by 2020 due to a peak in government infrastructure spending. To prevent a supply shortfall, the Department of Trade and Industry (DTI) is starting preparation to ensure that construction materials are sufficient to support the government’s massive “Build, Build, Build” programme and the PHP10bn reconstruction budget for Marawi City. Last year, domestic cement consump... |