Cement gains to continue through 2016
Published by Joseph Green,
Editor
World Cement,
According to a new report by the Portland Cement Association released at World of Concrete, domestic cement consumption will grow by as much as 5% in 2016.
Speaking at the 2016 World of Concrete, Edward Sullivan, PCA chief economist commented that, “the fundamentals of our economy are sound.”
“With the recently passed federal highway bill, and continued net increases in new jobs, we see clear indications that positive growth will continue,” continued Sullivan.
PCA’s industry-renowned Market Intelligence Group, which provides data and insight on fundamental economic issues, is set to release an updated report on US cement consumption in March, 2016.
Edited from source by Joseph Green. Source: PCA
Read the article online at: https://www.worldcement.com/the-americas/10022016/optimism-high-world-concrete-472/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
Molins announce first quarter results
Net profit reached €48 million, equivalent to earnings per share of 0.73 euros, 6% lower than the same period of the previous year.