
Displaying items by tag: residential
Fábrica Nacional de Cemento wins US$72m cement supply contract for Nueva Santa Cruz Ciudad Inteligente housing development
22 February 2021Bolivia: Fabrica Nacional de Cemento (FANCESA) has secured a contract for the supply of over 582,000t of cement to the Nueva Santa Cruz Ciudad Inteligente housing development near Santa Cruz. The Correo del Sur newspaper has reported that value of the contract as US$72.0m.
Eurocement to supply up to 150,000t of cement to PIK Group
02 February 2021Russia: Eurocement has won a tender to supply up to 150,000t of cement to PIK Group. Its Voronezh and Mikhailovcement plants will supply CEM I and CEM II products respectively. PIK Group is one of the largest residential building companies in Russia. Eurocement said that the contract is one of the largest direct contracts it has signed and that it would ensure production in the first half of 2021.
Portland Cement Association updates economic forecast
01 February 2021US: The Portland Cement Association (PCA) has updated its winter 2020 – 2021 economic forecast. Senior vice president and chief economist Ed Sullivan said that in light of possible delays of three months or more to the national Covid-19 vaccine rollout, predicted robust economic recovery will be ‘slower than expected’ compared to expectations stated in the original forecast in December 2020. The PCA’s Market Intelligence Group expects cement consumption to grow by nearly 1% year-on-year in 2021, fueled largely by residential construction.
Germany: Denmark-based COBOD has supplied its BOD2 3D construction printer to the site of the world’s first 3D printed commercial apartment building in Wallenhausen, Bavaria. COBOD partner PERI will use the product to print a 380m2 complex, consisting of five apartments across three stories.
General manager and founder of COBOD Henrik Lund-Nielsen said, “We are incredibly pleased, that we are beginning to see the fruits of the many 3D construction printers we have sold. The actual building projects have been delayed by the Coronavirus outbreak, but now they start to be revealed. This new German project is really a great milestone as the commercial nature of the building proves the competitiveness of the 3D construction printing technology for three floors buildings and apartment buildings. This, again, opens entirely new markets for our printers.”