PCA says US cement consumption will rise thanks to new Highway Bill

Cement manufacturers will see a rise in consumption in the US after the passing of a new Highway Bill, according to the Portland Cement Association (PCA). The Fixing America’s Surface Transportation (FAST) Act will provide more than US$305 billion to maintain and improve the nation’s roads and bridges. Cement consumptions largest impact will focus on authorisations from the Federal Highway Administration (FHWA). “FAST represents an average addition of 835 thousand metric tons annually to the cement in
December 16, 2015 Read time: 2 mins

Cement manufacturers will see a rise in consumption in the US after the passing of a new Highway Bill, according to the 4353 Portland Cement Association (PCA).

The Fixing America’s Surface Transportation (FAST) Act will provide more than US$305 billion to maintain and improve the nation’s roads and bridges. Cement consumptions largest impact will focus on authorisations from the 3796 Federal Highway Administration (FHWA).

“FAST represents an average addition of 835 thousand metric tons annually to the cement industry,” said Edward J. Sullivan, chief economist and group vice-president at PCA. “Smaller increases occur in the near term (370 thousand tons for 2016) and larger net increases occur in the out years of the forecast horizon (1.4 million tons for 2020).”

FAST is seen largely as an improvement over the previous MAP-21. While funding levels are modestly higher, it also represents a multi-year commitment that allows states to engage in multi-year projects.

Quarry Products

For more information on companies in this article

Related Content

June 4, 2015

PCA report: North America fuels latest global cement market growth

Global cement consumption is expected to grow throughout 2015 and continue throughout the next year, but at the slower rate than in the past.

A report released by the Portland Cement Association (PCA) indicates that cement consumption among developed economies increased by roughly 9.2 million tonnes in 2014, followed by another 9 million tonne increase in 2015.

“Most of the gains in developed world cement consumption is attributed to North America,” said Edward J. Sullivan, chief economist and group

boombox1

Highlighted Content

boombox2