Based on the Q2 2016 update of Timetric’s Construction Risk Index (CRI), risk has increased globally, with the unweighted global average score rising to 41.68 from 41.12 in Q1 2016. This is the highest level of risk in the 11 quarters since the CRI was established. Risk has pick
HeidelbergCement AG has completed the acquisition of a 45% shareholding in Italcementi S.p.A. from Italmobiliare S.p.A. All conditions for the closing of the transaction have been fulfilled following the approval by the relevant competition authorities. “Today’s closing is an i
Increasing cement demand in East Africa, fuelled by greater construction investment in countries such as Kenya, Ethiopia, Uganda and Tanzania, is increasing equipment supply to the region – especially from Germany and China. Cement demand in East Africa is set to grow so expansi
Local Gloucester man, Lee Mills, has taken control of a new concrete plant at the Old Airfield, Moreton Valence. The plant, which represents an investment of ￡0.7 million by Cemex UK will produce readymixed concrete for construction and building projects in the area. Working alo
According to multiple sources, Oman's Raysut Cement reported a 2.4 % decrease in second-quarter net profit. The cement firm made 4.82 million rials (US$12.52 million) in the three months ending June 30. This compared with 4.94 million rials in the same period of 2015. Forecasts p
Research and Markets has announced the addition of the ‘Global Cement Mixer Market 2016-2020 report to their offering. The report forecasts the global cement mixer market to grow at a CAGR of 10.61% during the period 2016-2020. Commenting on the report, an analyst from the resea
The UK’s construction sector remains firmly committed to long-term environmental responsibility, according to new research by TomTom Telematics. Three-quarters (75%) of the 149 construction companies surveyed now operate a low carbon or carbon reduction strategy, with 58% regula
The Association of Cement Manufacturers of Spain, Oficemen, has warned that the alarming loss of capital in infrastructure in the country over the last three years and has now reached €10 000 million. The strike in public works has meant that the country is reducing its first st
