All Market & forecasts Articles
Worldwide cement consumption predicted to reach record 3,9 billion tonnes by 2012.
China’s latest five-year plan could mean more moderate construction growth in the future, but the market will remain strong. Scott Hazelton of IHS Global Insight reports.
US construction output should turn a corner this year with growth in key sectors, but it will be 2012 before the recovery is fully fledged. Scott Hazelton of IHS Global Insight reports.
India’s construction growth will outshine Brazil and even China over the next five years, with opportunities across all sectors of the industry. Scott Hazelton of IHS Global Insight reports.
Australian company now predicts loss of AU$ 427 million for 2010/11, while Dr Herbert Lütkestratkötter will leave parent company Hochtief in May.
Rouse Asset Services, a leading US appraiser of rental, dealer and construction equipment, recorded a growth in OLV (orderly liquidation values) for telescopic booms of 10.5% in February compared to January. Of the 14 equipment categories Rouse monitors this accounted for largest growth - the average being 3%.
There seems to be a mood of renewed optimism at this week's Intermat Middle East event in Abu Dhabi concerning construction investment throughout the region.
Major power projects could add up to 30000 mW capacity to Poland’s grid by 2025
Recovery driven by large developing countries, but Europe, North America and Japan also improving.
Buoyancy in Germany and France will be offset by declines in Italy, Spain and the UK.
Industry heads back into growth, although non-compliant machinery still causing problems.
The American Rental Association (ARA) is predicting a strong rebound in the US equipment rental industry up to 2015, forecasting a 7% increase in equipment rental revenues this year followed by higher growths of between 9% and 14% up to 2015.
Stability in European materials market now, although analysts say there is a slight negative bias.
Construction orders for 2010’s fourth quarter rose +18% compared with third quarter.
Developing markets will drive growth - China has already overtaken the US as the largest construction market in the world, and India will overtake Japan for the no.3 spot by 2018.
Construction companies begin targeting opportunities in Vietnam, Indonesia, South Africa, Turkey, and Argentina.
Overseas sales of US-made construction equipment hit US$ 16.4 billion last year, a rise of +28% on the 2009 figure, according to the Association of Equipment Manufacturers (AEM).
Emerging markets, including local manufacturing, driving growth for German equipment manufacturers.
German contractor forecasts stable profit and increased sales for 2010.
Five-year investment timetable includes major road, rail, and airport and power projects.
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