Eastern Europe’s construction industry is forecast to grow by 3.6% in 2021, following a 1.6% contraction in 2020 due to the COVID-19 outbreak and subsequent lockdown restrictions.
Bosnia's Serb Republic energy ministry has signed a 25-year concession contract with local company Dacit for the quarrying of andesite, a volcanic rock used in construction and gardening.
S&P Global Ratings raised HeidelbergCement's long- and short-term issuer credit ratings to BBB/A-2 from BBB-/A-3 and the issue ratings on its debt to BBB from BBB-. The outlook is stable.
Tarmac, the UK’s leading sustainable construction solutions business, has committed to a 25-year partnership with the Port of Tilbury, London’s fastest-growing port, to build the UK’s largest construction materials aggregates terminal.
Ten LafargeHolcim green building solutions have been endorsed by the “Solar Impulse Efficient Solution” label which recognises technologies that protect the environment in a profitable way.
CEMEX is expanding its network in France after signing an agreement to acquire certain aggregate assets from building materials supplier Eqiom Granulats in the North Paris Metropolitan area.
Shareholders in French-Swiss building materials giant LafargeHolcim will be asked at the Group company’s upcoming annual general meeting (AGM) to vote on changing the Group company name to Holcim.
Market analyst FMI says the US construction materials sector's positive end to 2020 is set to continue into 2021, driven by new potential for funding, COVID vaccine progress and a surprisingly robust residential market.
