{"id":3161,"date":"2018-12-03T07:46:34","date_gmt":"2018-12-02T20:46:34","guid":{"rendered":"http:\/\/yinghuiinternational.com\/?p=3161"},"modified":"2018-12-04T07:51:48","modified_gmt":"2018-12-03T20:51:48","slug":"strong-demand-drives-record-production-year","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2018\/12\/03\/strong-demand-drives-record-production-year\/","title":{"rendered":"STRONG DEMAND DRIVES RECORD PRODUCTION YEAR"},"content":{"rendered":"
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The boom in public infrastructure projects, particularly in Melbourne, has contributed to a record production year for the concrete, cement and aggregates industries.<\/span><\/em><\/div>\n<\/div>\n
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More than 30 million cubic metres of pre-mixed concrete were produced across Australia in the 2017 calendar year, according to a survey commissioned by Cement Concrete and Aggregates Australia.<\/span><\/div>\n

The boom in public infrastructure projects, particularly on the east coast, and continuing strong demand for high rise residential buildings, have driven a record production year for the concrete, cement and aggregates industries.<\/p>\n

The sector has experienced steady growth in the past few years. In the report commissioned from the industry research and forecasting company Macromonitor, the 2017 results eclipsed the 27 million cubic metres produced in 2015 and the 28.5 million cubic metres in 2016.<\/p>\n

\u201cIn essence, all of that material is provided from Australian quarries,\u201d said Ken Slattery, chief executive of the CCAA. \u201cThere\u2019s no significant imports of quarrying materials here in Australia.\u201d<\/p>\n

More than 30,000 people are employed directly by the industry, with another 80,000 estimated to be employed in work related to the industry, according to the CCAA.<\/p>\n

\u201cAbout 12,000 to 13,000 people are directly employed in quarrying and you can extend that out at a similar sort of ratio of 4:1 to get the indirect figure,\u201d Slattery said.<\/p>\n

The industry contributes over $15 billion to the national economy every year.<\/p>\n

\u201cThe boom in infrastructure projects, such as WestConnex and NorthConnex in Sydney and the West Gate Tunnel in Melbourne, is good news for the heavy construction materials industry and for the more than 110,000 Australians who are employed directly or indirectly in the sector,\u201d said Slattery.<\/p>\n

Steady growth, supply<\/h4>\n

Future growth is projected on the back of planned projects, again driven by government-funded infrastructure projects on the eastern seaboard.<\/p>\n

A recent report by consulting firm Deloitte concluded that infrastructure projects worth at least $324 billion were in the pipeline, an increase of almost $50 billion over the past two years.<\/p>\n

Slattery said the building of the new Western Sydney Airport at Badgery\u2019s Creek alone was expected to further lift demand for concrete and related products by at least another one per cent over the next five years.<\/p>\n

The Melbourne Metro Rail Project, which is currently under construction, would also result in demand for concrete increasing by another two per cent, he added.<\/p>\n

Slattery expects that Australian quarries will be able to continuing meeting demand. \u201cThat\u2019s the big issue around all of this. Sydney and Melbourne have some particular challenges around how long it can take quarries to get approval.<\/p>\n

\u201cWe\u2019re not anticipating any shortages, provided governments\u2019 approval processes are responsive to keeping up with demand,\u201d he said.<\/p>\n

The Victorian Government released a supply and demand study in 2016 that considered the state\u2019s challenges to 2050. The Victorian Earth Resources Regulator has also subsequently launched a streamlined regulatory process for the management of basic operational changes, sparing producers the time and paperwork of having to prepare work plan variations. As of October, the regulator had received 16 requests under the new, fast-tracked process.<\/p>\n

New South Wales has also engaged in recent studies considering the availability of resources for the burgeoning Sydney market. Infrastructure NSW commissioned a study from BIS Oxford Economics which recommended construction materials strategies for developing new sources of supply and the simplification of approval processes for quarries.<\/p>\n

The NSW Department of Planning and Environment has also collaborated with consultants RW Corkery and Ecoroc on a study examining the supply constraints across NSW and projections about the quantities and quality of aggregate that will be required up to 2036.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The boom in public infrastructure projects, particularly in Melbourne, has contributed to a record production year for the concrete, cement and aggregates industries. More than 30 million cubic metres of pre-mixed concrete were produced across Australia in the 2017 calendar year, according to a survey commissioned by Cement Concrete and Aggregates Australia. The boom in … Continue reading “STRONG DEMAND DRIVES RECORD PRODUCTION YEAR”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[180,6],"tags":[],"class_list":["post-3161","post","type-post","status-publish","format-standard","hentry","category-go-australia","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-OZ","jetpack-related-posts":[{"id":3294,"url":"https:\/\/yinghuiinternational.com\/index.php\/2019\/02\/27\/clean-coal-demand-drives-yancoal-growth-aspirations\/","url_meta":{"origin":3161,"position":0},"title":"Clean coal demand drives Yancoal growth aspirations","author":"yinghui","date":"February 27, 2019","format":false,"excerpt":"Yancoal Australia is aggressively targeting organic growth opportunities to build on a rapid turnaround in company performance that led to a record 2018. 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