Thursday, August 18, 2005

A cement record

According to the Portland Cement Association (PCA,) we can expect cement consumption this year to increase five percent over 2004 levels, making this the third straight year of record volume. Additionally, according to PCA's Summer Forecast Report, an increase of 3.3 percent is predicted for 2006. The first rise in nonresidential construction in three years, coupled with little slow down in the residential sector, are seen as the main factors driving up demand. An increase in public works construction is also expected as state finances improve and SAFETEA-LU ramps up. A need for increased cement production is projected through at least 2009. Your comment?