PowerPak’s Post

UK construction companies go under at fastest rate in a decade

We deliver complex, challenging multi-utility #infrastructure and #connections - so maintaining communication with our customers throughout a project delivery is vitally important...as this article from our CEO Rob Sparkes on p4 of Construction View Online explains. #customersatisfaction #loveconstruction https://lnkd.in/eeSPVF9a

Reading the FT today: German construction in trouble Cancelled building projects and financial distress among landlords and builders in Germany have hit their highest levels since reunification three decades ago, intensifying the construction crisis in the EU’s biggest economy. Hit by rising interest rates, soaring costs and weaker demand, 20.7 per cent of construction companies said they had been forced to scrap a project in August, up from 18.9 per cent in the previous month, according to a survey of 500 businesses by researchers at the Ifo Institute in Munich. “The probability increases month by month that more and more firms will go out of business,” said Klaus Wohlrabe, head of surveys at Ifo, a think-tank, warning that almost 12 per cent of residential construction companies were reporting financing difficulties — the highest level since its survey started 32 years ago. The proportion of construction companies reporting a lack of new orders also rose to 44.2 per cent in August, up from 40.3 per cent in the previous month and 13.8 per cent a year ago. Wohlrabe said the crisis was particularly severe among mostly smaller construction companies that focus only on housebuilding. “Some businesses are already struggling to keep their heads above water,” he added. “Fortunately, many firms also cover other aspects in construction — roads, commercial construction. This allows firms to diversify in some way.”

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🌳𝗟𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲: 𝗔 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 Concrete, the backbone of modern construction, comes with a significant environmental cost. The production of cement, its main ingredient, contributes to greenhouse gas emissions. However, innovative approaches are paving the way for low-carbon concrete, offering a sustainable alternative. 🚀𝗛𝗼𝘄 𝗶𝘀 𝗹𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁? Low-carbon concrete utilizes alternative materials, reduces cement content, and employs carbon capture technologies to minimize its environmental impact. 🚀𝗪𝗵𝘆 𝗶𝘀 𝗹𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲 𝗴𝗮𝗶𝗻𝗶𝗻𝗴 𝗺𝗼𝗺𝗲𝗻𝘁𝘂𝗺? Growing environmental concerns, client demand for sustainable buildings, and supportive government regulations are driving the adoption of low-carbon concrete. 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝘂𝘀𝗶𝗻𝗴 𝗹𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲? Low-carbon concrete offers several advantages: • * Reduced greenhouse gas emissions • * Improved air quality • * Energy savings • * Lower water consumption • * Green job creation 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗳 𝘂𝘀𝗶𝗻𝗴 𝗹𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲? Despite its benefits, low-carbon concrete faces challenges such as: • * Higher cost • * Limited availability • * Lack of awareness • * Need for further research and development 𝗧𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗹𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲 Despite these challenges, low-carbon concrete holds immense promise for a sustainable future. As technology advances and demand for sustainable construction grows, low-carbon concrete is poised to become the industry standard. #lowcarbonconcrete #sustainability #construction #climatechange https://lnkd.in/dqavauZh utm_source=linkedin&utm_medium=social_video&utm_term=1_1&utm_content=32293_low-carbon_cement&utm_campaign=social_video_2023

🎀 Status Of The Built Environment 2023 Report has been launched.   You can access the full SBE report here:   https://lnkd.in/dS4-4HVV #SBErelease2023 https://lnkd.in/dyiAXX9A

There is a 🆕 #TechnicalArticle in the #EU_BUILDUP portal! 🖥This article explores the #energyperformance gap phenomenon in the context of #building construction and retrofit #projects and focuses on the role of occupants 👥 Check it here 👉 https://lnkd.in/dp-FFb5W

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SECRETS OF ROBUST HIGHWAY CONSTRUCTION! While there isn't a single global standard for highway construction, various countries and regions often have their own guidelines and specifications. However, there are common principles and standards promoted by organizations like the International Road Assessment Programme (iRAP) and the World Road Association (PIARC). These focus on aspects such as safety, design standards, and road maintenance. Local factors like climate, terrain, and traffic patterns also influence highway construction methods. How are Highways constructed in your country/ region? Video credit - @ykaokyoa2 | Instagram #sustainablehighways #HighwayConstruction #MasterbuildAfrica