
Displaying items by tag: construction
South Korea: Korea Cement Association (KCA) members’ cement shipments fell by 90% over two days to 13,000t on 8 June 2022 from 180,000t/day prior to a truck driver strike which began on 7 June 2022. The association claimed that producers lost US$23m-worth of sales in the first two days of the strike, which also affects other industries. 17 ready-mix concrete batching plants in the Seoul area have suspended operations. The Korea Herald newspaper has reported that the association representing the construction industry has also voiced concerns about the supply situation.
US: Eagle Materials has recorded consolidated sales in its 2022 financial year of US$1.9bn, up by 15% year-on-year. The group’s adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) was US$657m, up by 15%. Full-year cement sales totalled US$1bn, up by 7%, with operating earnings of US$260m, up by 11%. The group’s cement volumes rose by 1% to 7.5Mt.
President and CEO Michael Haack said "As we look back on another extraordinary year, I am extremely proud of our team's ability to deliver record operating and financial results despite multiple external challenges, including transportation disruptions, supply chain constraints and, of course, continuing to navigate the Covid-19 pandemic.” He added "As we begin our new fiscal year, Eagle is well-positioned, both financially and geographically, to capitalise on the underlying demand fundamentals that are expected to support steady and sustainable construction activity growth over the near and long term. We expect that infrastructure investment should increase in the latter part of our fiscal year, as federal funding from the recently enacted Infrastructure Investment and Jobs Act begins in earnest. And, despite recent interest rate increases, housing demand remains strong across our geographies, outpacing the supply of homes. Nonresidential construction activity is also picking up."
ACC launches Houses of Tomorrow in India
28 April 2022India: ACC has launched Holcim’s Houses of Tomorrow sustainable homebuilding initiative with the construction of a low CO2 home in Puducherry called Gratitude Villa. Projects Today News has reported that architect Trupti Doshi selected building materials to reduce CO2 emissions by 40% by comparison to conventional materials such as ordinary Portland cement (OPC). She opted for ACC’s Suraksha brand cement, fly ash bricks and ECOPact green concrete.
UK: UK construction recorded its highest ever quarterly total value at Euro27.5bn in the first quarter of 2022. Participants in the industry agreed Euro10.4bn-worth of construction contracts in March 2022. Analyst Barbour ABI has reported that residential construction contracts rose by 50% month-on-month to Euro4.22bn, their highest level since the Covid-19 outbreak arrived in the UK in March 2020. Chief economist Tom Hall noted a year-on-year and month-on-month increase in office construction activity as indicative of a reversal of the home-working trend of the past two years.
Hall said “While the current state of the industry is positive with lots of activity and record-breaking levels of contracts awards and planning approvals in some areas, the horizon is more concerning. Overall, the level of planning applications received in March was low and raises questions about the delivery of the government’s commitment to raise the standard of healthcare across the country and its flagship levelling up agenda.”
Holcim Argentina launches gender inclusivity hackathon
07 April 2022Argentina: Holcim Argentina has launched a hackathon for project proposals aimed at boosting gender inclusivity in the Argentinian construction sector. Projects may fall along one or more target axes: awareness, education and training, enterprise or public policy. Two winning projects will claim US$300,000 each in prize money, and the contest is open to anyone over 18. The company says that the hackathon is an invite to open a conversation about the presence and appreciation of women in cement and construction.
Thailand: Siam Cement Group (SCG) has secured a contract with Denmark-based COBOD to provide Thai distribution services for the company’s COBOD 3D construction printers. SCG says that it will help the supplier to launch a construction sector transformation. It says that it chose COBOD’s printer as the option with the most in-market experience.
SCG International managing director Abhijit Datta said “3D construction printers have been widely used in many parts of the world with excellent results. The technology helps reduce waste and increase construction times with foolproof simulation and minimal numbers of labourers.” He continued “Together with COBOD, we will improve Thailand’s construction market with the future expectation of extending cooperation in the ASEAN. With our regional expertise and domestic solid business alliance relationship, we are ready to assist our partner in achieving long-term success.”
Hoffmann Green Cement Technologies’ clinkerless cement secures Scientific and Technical Center for Building certification
24 March 2022France: The Scientific and Technical Center for Building (CSTB) has certified Hoffmann Green Cement Technologies’ clinkerless H-UKR alkali-activated slag cement for structural use in buildings of all types. BusinessWire News has reported that the certification confirms the product’s safety, sustainability, lifespan and performance in conformity with Eurocode 2 and Eurocode 8 design standards.
Co-founders Julien Blanchard and David Hoffmann said “In the midst of ongoing frenetic communication regarding carbon neutrality, Hoffmann Green Cement is as usual endeavouring to back its announcements with verified and evaluated elements. The granting of these evaluations further objectifies the quality of our cement, notably with the awarding of a lifespan of 100 years. In this regard, we would like to thank the CSTB’s teams for drafting this unprecedented technical appraisal and our own teams who are working tirelessly on seeking innovative decarbonised solutions to preserve tomorrow’s world.”
Mexico: Holcim Mexico has launched ISO14044-compliant full-lifecycle Environmental Product Declarations (EPDs) for its ready-mix concrete range. The company says that the EPDs will help designers and builders to inform their materials selection processes. The Redacción newspaper has reported that data from five cement plants contributed to the declarations.
Concrete and aggregates director Manuel Sirtori congratulated the team for "demonstrating leadership by promoting transparency and reducing emissions in the construction industry."
UK: The Mineral Products Association (MPA) has urged the the UK government to reduce energy costs, maintain mineral products companies’ access to low-tax red diesel and to deliver on planned infrastructure investments. The association says that high costs already threaten its member’s competitiveness against EU-based rivals. The Ukraine crisis has caused energy costs to rise, while mineral products companies expect their rebate for red diesel to end on 1 April 2022. The MPA has asked the government to delay the end of the red diesel rebate. It also called for transparency on the delivery of the government’s infrastructure plans.
CEO Nigel Jackson said “The high ambitions the government has set out for the UK’s infrastructure and housing rely on our members’ ability to supply aggregates, asphalt, cement, concrete and other essential materials You can’t build with thin air – construction needs materials and producing materials requires long-term planning and investment, so our industry needs clarity on what’s in the pipeline for the next 10 or 20 years, not the next 10 months. There is a widely recognised maxim ‘if you can’t grow it, you have to dig it.’ Clearly, this is not as recognised by government given the exemptions and subsidies some other industries enjoy. We also provide high-skill, well-paid jobs in regions most in need of economic growth.” Jackson concluded “Our overriding aim is for our sector to deliver for the UK by having economic conditions that reduce uncertainty and boost confidence to encourage investment for growth.”
Cemex Ventures invests in PartRunner
04 March 2022US: Cemex Ventures says that it has invested in industry and construction sector on-demand delivery platform PartRunner. The startup operates a fleet of trucks which provide flexible service to warehouses, retailers and job sites across the US. Under Cemex Ventures’ guidance, it plans to expand its services to also cover Mexico.
Cemex Ventures director Gonzalo Galindo said "This solution fits perfectly with Cemex's commitment to offer our customers greater control over their businesses by improving efficiency and transparency in the delivery of construction products and materials.”