Construction news

GlobalData expects the UK construction industry to grow by 8% 2021, supported by the government’s infrastructure investment plans.

Driven by investments in overall infrastructure to rebuild the recently liberated regions, Azerbaijan’s construction industry is expected to recover in 2021 with an expected real growth rate of 9.1%, says GlobalData.

CEMEX Holdings Philippines has announced that its consolidated net sales decreased by 16% in 2020, reaching around PHP 19.7 billion, versus the comparable period in 2019.

The company has announced that it has closed the last quarter with a 16.3% increase in EBITDA, has reduced its debt, and reached US$115 million in savings throughout 2020.

The company has welcomed its new CEO, Luis Eduardo Tovar, who will continue to lead the company's expansion and growth strategy in the Honduran market.

The company has announced that it has been included in the 2021 S&P Global Sustainability Yearbook for the second time (previous in 2017 yearbook).

The company has announced that Rudiger Kuhn has been appointed as the Representative of the Economy on the newly formed Sustainability Advisory Board for the Federal State of Brandenburg, Germany.

The co-existence of Carbon Border Adjustment Mechanisms (CBAM) and free allocation is essential, says CEMBUREAU.

The company has announced that Tyson (Ty) Knox has been promoted to Senior Vice President of Engineering and Project Management.

The Silo Safety System ensures the safety of the driver and vehicle and eliminates loss of material in overhead silo loadout situations.