Lafarge to cut costs, worried by imported cement

Building of PE wind farm begins

Government should build construction procurement expertise

Commodity prices 'stabilise' for US construction companies

Construction growth grinds to a halt

Kumba, ArcelorMittal extend supply deal

Early planning and engagement key to Olympic sustainable procurement

PPC enters R1bn empowerment deal

CIDP invites new members to its panel for adjudications

Green giants

Articles in category: Construction & Building

1. Barloworld follows Caterpillar to month high Explore iol.co.za (May 6 2013) Manufacturing & Automotive , Construction & Building Johannesburg - Barloworld, a South African seller of equipment to mining and construction companies, rose to the highest in more than a month after biggest supplier Caterpillar rallied on an improved growth outlook. Barloworld advanced as much as 3.9 percent and traded 3.3 percent higher at 98.63 rand a share by 4:21 p.m. in Johannesburg, the highest since April 3. More than 650,000 shares traded, about 78 percent of the three month daily average. Caterpillar, the world’s biggest construction and mining equipment maker, has gained more than 8 percent since it cut its 2013 ... (Read Full Article)

   Comment Mentions:   Bloomberg   Johannesburg

2. Basil Read secures Sanral road tender Explore BDlive (Jan 21 2013) Construction , Construction & Building Construction and engineering group says South African National Roads Agency has awarded it a R279m road rehabilitation contract. Basil Read would rehabilitate the national route 5, section 4, between Vaalpensspruit and Winburg in North West. (Read Full Article)

   Comment Mentions:   North West

3. Professionals call for open tenders Explore iol.co.za (Jan 18 2013) Construction , Construction & Building Tender irregularities were hampering infrastructure development, the Built Environment Professions Grouping (BEP) said.  In a statement released by Consulting Engineers SA (Cesa), the BEP said it welcomed the government’s revised infrastructure budget in terms of the 18 strategic integrated projects as a positive move, but argued that the barrier to infrastructure delivery lay in the lack of transparency during procurement processes related to the allocation of professional services and tenders.  (Read Full Article)

   Comment Mentions:   South Africa

4. PPC busy with four new Africa ventures Explore iol.co.za (Nov 14 2012) Supplier Diversity , Construction & Building Pretoria Portland Cement (PPC) is pursuing four new opportunities in African countries in line with its strategy to increase its revenue generation beyond South Africa.  This follows the listed cement and lime producer investing $12 million (R105m) cash in July to obtain a 27 percent stake in the Habesha Cement Share Company in Ethiopia. The Industrial Development Corporation (IDC) simultaneously invested $9m for a 20 percent equity stake. (Read Full Article)

   Comment Mentions:   South Africa   Zimbabwe   Mozambique

5. Basil Read sells TWP to WorleyParsons for R900m Explore Engineering News (Oct 23 2012) Resources , Construction & Building South African construction and engineering company Basil Read on Tuesday announced it would sell TWP Holdings to WorleyParsons for R900-million in cash – a move which CEO Marius Heyns said would allow the group to concentrate on its core business and sharpen its focus on special projects. (Read Full Article)

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6. Atterbury breaks ground on R1.3bn Newtown development Explore iol.co.za (Oct 1 2012) Construction & Building The Atterbury Property Group, the prominent property investment and development company, has broken ground for a new R1.3 billion mixed-use retail and business development in the Johannesburg central business district. Called Newtown Junction, it is to be developed in Newtown’s historic Potato Shed buildings between Museum Africa, Mary Fitzgerald Square and Carr Street, which have been derelict for a long time. (Read Full Article)

   Comment Mentions:   Johannesburg   Pick n Pay

7. Government should build construction procurement expertise Explore supplymanagement.com (Sep 14 2012) Public Sector , Construction & Building Public sector buyers need to learn how to secure and manage construction contracts more effectively, according to a report by the All Party Parliamentary Group for Excellence in the Built Environment in the UK. The public sector is the construction industry’s largest single client accounting for nearly 40 per cent of spending (£46 billion a year) in infrastructure and projects according to the Office of National Statistics. (Read Full Article)

   Comment Mentions:   London

8. Kumba, ArcelorMittal extend supply deal Explore iol.co.za (Aug 23 2012) Construction & Building , Metals & Minerals South African iron ore miner Kumba Iron Ore said it had agreed to extend an interim supply deal with ArcelorMittal South Africa until the end of the year as the companies wrangle to resolve a dispute over pricing. Kumba, a unit of Anglo American, said it would supply the steelmaker with a maximum of 1.5 million tonnes of ore, with ArcelorMittal paying a fixed price of $50 per tonne for ore for its Saldanha plant and $70 per tonne for its inland plants. (Read Full Article)

   Comment Mentions:   Reuters   Johannesburg

9. Early planning and engagement key to Olympic sustainable procurement Explore supplymanagement.com (Jul 30 2012) Sustainable Procurement , Construction & Building Strong leadership and management also emerged as critical factors in a 'lessons learned' report on the construction of venues for the 2012 Games.“The lessons learned from the Olympics would be to implement system requirements early on so that the management of the procurement process can flow down through the supply chain. (Read Full Article)

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10. Lafarge to cut costs, worried by imported cement Explore Engineering News (Jul 25 2012) Sourcing , Construction & Building Local cement, concrete and aggregate supplier Lafarge South Africa (Lafarge SA) had to carry about 3% of an €1.3-billion cost-saving programme announced by its parent company for the 2012 to 2015 period. Another challenge was growing sales of cheap imported cement, specifically from India and Pakistan, landing up at small, sell-all shops in many of the country’s coastal regions. . (Read Full Article)

    Comment Mentions:   India   Africa   Pakistan

11. Building of PE wind farm begins Explore iol.co.za (Jul 12 2012) Utilities , Construction & Building Construction on a wind farm to supply power to the Nelson Mandela Bay municipality is due to start near Port Elizabeth, MetroWind said on Thursday. The company said it had been given the green light to build and operate a R550 million wind farm in Van Stadens, between Port Elizabeth and Jeffrey's Bay. Construction would begin in September. (Read Full Article)

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12. PPC enters R1bn empowerment deal Explore fin24.com (Jul 12 2012) Supplier Diversity , Construction & Building Cement maker Pretoria Portland Cement is to sell a 6.5% stake to its staff and black investors in a deal worth about R1.1bn, to meet affirmative action rules. PPC said the deal - the second in four years - would take shareholding by black investors in its domestic operations to 26% and enable it meet the rules set out by the government. (Read Full Article)

    Comment Mentions:   South Africa   Johannesburg

13. CIDP invites new members to its panel for adjudications Explore Engineering News (Feb 28 2012) Supplier Diversity , Construction & Building The Construction Industry Development Board (CIDB) has invited interested and qualified persons to apply for a position on its panel of adjudicators for construction contracts.This was in line with the CIDB’s Construction Procurement Best Practice Guideline C3, which deals with adjudication. (Read Full Article)

    Comment Mentions:   South Africa

14. Lack of IT integration hinders supply chain efficiency Explore supplymanagement.com (Jan 30 2012) Procurement Technology , Construction & Building Construction and engineering firms say chief cause of supply chain inefficiencies is lack of integration of processes and IT systems. (Read Full Article)

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15. Commodity prices 'stabilise' for US construction companies Explore Procurement Leaders Network (Oct 4 2011) Construction & Building Input prices for construction and building companies in the US slightly increased over the Second Quarter of 2011 as commodity prices "stabilised", a new report reveals. (Read Full Article)

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16. Construction growth grinds to a halt Explore supplymanagement.com (Oct 3 2011) Construction , Construction & Building 'Things can only get better' says CIPS CEO as building industry growth stalls. (Read Full Article)

    Comment Mentions:   CIPS   David Noble

17. Green giants Explore cpoagenda.com (Sep 19 2011) Sustainable Procurement , Construction & Building Construction may be suffering as government spending is reined in across Europe, but despite all the cost cutting, the environmental agenda is still a force to be reckoned with. (Read Full Article)

    Comment Mentions:   England   CPO Agenda

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