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News: Construction boom leads to cement shortage in Kyrgyzstan Kyrgyzstan: Amidst a nationwide construction boom, Kyrgyzstan faces a cement shortage in its northern regions... #cement Read the full story here: https://lnkd.in/eJT9H4Qe

Iraq's Minister of Industry and Minerals, Dr. Khaled Batal Al-Najm, has ordered the doubling of cement production to meet the rising demand for essential construction materials. According to a statement from the Ministry, this surge in demand is driven by ongoing infrastructure projects and the government's plan to build fully serviced residential cities. The visit to the Iraqi Cement Company included: Meeting with the company's board to discuss its current status, achievements in 2023, plans for 2024, and legal and technical aspects related to the rehabilitation, modernization, development, and operation contract for the new Badush Cement Plant. Minister Al-Najm issued directives, including: Increasing production in line with the government's future plan to achieve over 52 million tons of cement annually. Developing future visions for enhancing the capacities of the Kufa and Najaf cement plants and increasing their production. Planning and studying the feasibility of establishing new lines and plants in other locations in partnership with the private sector, considering environmental commitments and regulations. Securing cement plants' needs from locally produced materials by sister ministry companies. Taking necessary actions to resolve issues in some plants and improve their operational and production conditions. Holding a press conference to announce: The ministry's efforts and future plans to provide essential construction materials, especially cement, iron, and bricks. Offering investment licenses through the General Directorate for Industrial Development and the National Investment Commission (NIC) for establishing cement plants, considering geographical distribution across provinces. Establishing five-year and ten-year plans to reposition the company, increase production, and overcome challenges. Formulating a clear strategic vision to achieve self-sufficiency and align with construction projects in the coming years. (Source: Ministry of Industry and Minerals)

The recent surge in cement prices in #Nigeria has rattled many, leading to a spate of #abandoned construction projects across the country. Despite assurances from #manufacturers to maintain prices between N7,000 and N8,000 per bag, #cement is currently selling for between N10,000 and N13,000, depending on the region. https://lnkd.in/d6SFjhmt

Ukraine increased its cement production by 25% against the background of its looming reconstruction needs. According to the results from January-June, enterprises of the Ukrcement Association increased their cement production by 24.4% compared to the same period in 2023 – up to 3.799 million tons, the association reported. "Despite the huge challenges of the war, the enterprises of the Association of Cement Manufacturers of Ukraine continue to adapt to new realities and produce strategically important products – cement," the message reads. In addition, during the specified period, the production of clinker (strong brick) increased by 12.7% compared to the same period's indicator last year – up to 2.954 million tons. It should be noted that the index of completed construction works in Ukraine increased by 40.3% compared to the same period in 2023. At the same time, residential construction increased by 25.1% and non-residential construction by 34.4%. The share of new construction in total construction work was 46.7%, and renovation and technical works were 25%. https://lnkd.in/dh6kET2q

Building The Country From The Ground Up 👷🚧 According to the IMARC Services Private Limited Group, South Africa’s white cement market size is expected to reach 28,995.6 tonnes by 2028. Infrastructure projects such as highways, bridges, stadiums, and residential and commercial complexes all contribute to the growth of the cement sector. CEMENT & CONCRETE SA (CCSA), a consolidated body taking the lead on all matters relating to cement and concrete in the country, stated that the cement industry has been under huge pressure due to different factors. “In addition to the general economic downturn the sector was hit hard by the COVID-19 pandemic lockdown and is now confronted by construction mafias that have sprung up across the country, which has a direct impact on the cement and concrete sectors.” - CCSA. For more info, read the full article from the latest edition here: https://hubs.la/Q02g_-JY0 #Construction #Cement #EconomicGrowth #Top500 #Publication #TopcoMedia

💰 Worrying news in Nigeria! The price of cement has continued to increase in recent years, reaching peaks in February 2024. 😱 This increase directly impacts the construction sector, making building blocks more expensive. Players in the field are calling for government intervention to stabilize prices. 🏗️ Consumers are looking for more affordable alternatives. 🧐 It is crucial that action is taken to support the construction industry and ensure fair access to materials. 💪 #Nigeria #Construction #CementPrice

New figures from the Mineral Products Association show a ‘modest’ improvement in sales of construction aggregates and asphalt for Q2, 2024. https://lnkd.in/ecRj89aE

Cement Concrete & Aggregates Australia welcomes the release of the Queensland Quarry Demand and Supply Risks report by the Department of Resources (Queensland). Cement Concrete & Aggregates Australia valued working with the Department of Resources (Queensland) on the report, which will enhance the industry's understanding of the demand and supply risks for quarry materials in Queensland. The report predicts the Government's Big Build and housing program combined with the Olympic Games and renewable energy infrastructure investment will drive unprecedented demand for construction materials. Oxford Economics Australia also anticipates that total direct investment for the Brisbane Olympics will exceed $10 billion. With Queensland's deep pool of public works set for the back half of the decade, competition for resources will be intense, especially considering large public pipelines in other states. https://lnkd.in/gzSFACXP As Infrastructure Australia identified in the 2023 Market Capacity Report: “In South East Queensland, increased infrastructure demand fuelled by population growth and the Brisbane 2032 Olympics will exert pressure on local quarry reserves for the next decade”. The Department's proposed actions of additional data collection and further analysis will further clarify the supply situation in the medium term. In the short term, there remains a risk of supply being unable to increase to meet this increasing demand. Cement Concrete & Aggregates Australia will continue to advocate for Government to develop a Heavy Construction Materials Plan that will deliver development approval and planning reforms to overcome these barriers. An efficient supply chain helps deliver affordable infrastructure, building Queensland and creating jobs. #infrastructure #heavyconstructionmaterials #supplychain https://lnkd.in/gAtTuzbY

Asia Metal Prof, the largest steel producer in Uzbekistan, plans to build a $106.9 million plant in Kazakhstan. The company is considering building a plant in the Taraz industrial zone in the south of the country. The company will produce square billets and thin-gauge galvanized steel with a polymer coating. Negotiations between investors and local authorities have already begun to discuss the terms of the project, including the availability of energy, engineering and transport infrastructure. The regional authorities assured of their support and emphasized that the construction of the plant must comply with environmental standards. The land plot for the construction has already been allocated and secured by the relevant documents. Work is currently underway to prepare the estimate and design documentation. Read more here🔽 #GMKCenter #Ukraine #steelmakers #steel #project #investments #Kazakhstan #Uzbekistan #metals

𝗞𝗼𝘀𝘁𝗿𝗼𝗺𝗮 𝗿𝗲𝗴𝗶𝗼𝗻 (𝗥𝘂𝘀𝘀𝗶𝗮) 𝗶𝘀 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗶𝗻𝗴 𝗰𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗮 𝗻𝗲𝘄 𝗰𝗲𝗺𝗲𝗻𝘁 𝗽𝗹𝗮𝗻𝘁 During the working visit to the concrete plant "Beraz" the Governor was informed on how the production of reinforced concrete products is expanding in Kostroma nowadays. During the meeting Vadim Kozyrev, the plant manager, emphasized that today the volume of construction works is growing both in the Kostroma region and all over the country. In this regard, there is a great demand to increase the supply of main construction materials, cement in particular. Launching a cement plant would improve the construction capacities of the Kostroma region, and would also be in demand for constructors from other regions. "Nowadays, of course, we do not have enough cement. We get cement from Lipetsk, Belgorod, Stary Oskol, Mordovia. It is easier in winter. But in summer it is very difficult to supply cement. We pay for all supplies two months in advance, and it is about 60 million rubles, which we always set aside for this purpose. And now in the Kostroma region there is a place where it is possible to build a cement plant, which has the necessary raw material supply - Soligalich", - said Vadim Kozyrev. Governor Sergey Sitnikov emphasized that the construction of cement plant in the Kostroma region is one of the important aspects of development of the construction industry in this area. The administration of Soligalich district is working out the prospects of such production with a foreign investor. The project realization will become possible when the local municipality receives gas supplies. 𝑳𝒆𝒂𝒓𝒏 𝒎𝒐𝒓𝒆: https://lnkd.in/eBfVxgjj Source: Ministry of Industry and Trade of Russia