PCA: Highway bill to drive more cement consumption
The Fixing America’s Surface Transportation (FAST) Act will drive a rise in cement consumption, according to the Portland Cement Association (PCA).
The $305 billion highway bill will maintain and improve U.S. infrastructure for the next five years. According to PCA, cement consumption’s largest impact will be on authorizations from the Federal Highway Administration.
“[The] FAST [Act] represents an average addition of 835,000 metric tons annually to the cement industry,” says Edward Sullivan, chief economist and group vice president at PCA. “Smaller increases occur in the near term (370,000 tons for 2016) and larger net increases occur in the out years of the forecast horizon (1.4 million tons for 2020).”
About the Author: Allison Kral
Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.Subscribe to Pit & Quarry
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