drymix.info News 119/2012

drymix.info Newsletter 119/2012; ISSN Number 1613-0111; 15. April 2012

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1. admmc three, Miami, FL, May 8th, 2012
2. Construction of Private Homes in Germany is Growing
3. Ardex Acquires Majority Stake In Quicseal, Singapore
4. Accor Plans to Invest over 880 mio Euro in India

1. admmc three, Miami, FL, May 8th, 2012

The Third American Drymix Mortar Conference admmc three takes place on May 8th at Hotel Hilton Miami Downtown, Florida. As always, admmc three features an Industry Showcase, technical lectures and ample networking time for all experts in the American drymix mortar industry.

Thanks to our sponsors Kerneos, Mapei and Wacker we are organising a Delegate Welcome on Monday, May 7th, 2012, 5 to 7 PM at the Hilton Miami Downtown. We will have drinks and snacks in a casual atmosphere. In order to make planning easier for us, please let us know whether you wish to join our Delegate Welcome by return e-mail. Early check in takes place during the Delegate Welcome, too. Our staff will be ready there with badges and other conference information for our prepaid delegates, also, delegates that have not completed their registration yet can pay up and get their materials. Please use this offer if you are already in Miami - it limits the congestion for you and us at conference check-in on Tuesday morning (8 AM).

The scientific programme of admmc three features speeches by Ardex, Caltra, Dow Construction Chemicals, drymix.info, Elotex, Evonik, Kerneos, Laticrete, Parex (tentative), Poraver and Wacker

Registration for admmc three is available online at drymix.info/shop (Visa and Mastercard only).

2. Construction of Private Homes in Germany is Growing

According to a study conducted by LBS Research, a unit of Sparkasse Group, Frankfurt Germany, a considerable growth can be detected in the market for building private homes and flats in Germany. The amount of Building Permits issued in 2011 has risen by 22% when compared with 2010. Germany is the largest market for homes in the European Community, since the building intensity in Spain petered out during the financial crisis. But still, Germany lay only in the midfield, when considering amount of units of housing built per capita: in 2011, 2,3 homes were built per 1.000 citizens, the building intensity lay 45% to 90% higher in Poland (4,5) and Austria (4,8), Switzerland (6,1) and Finland (5,9) built more than double the homes than Germany.

According to market the research experts of Ifo Institute, Munich, Germany, this fact indicates, that for new construction of individual homes in Europe, a factor of 3 to 5 units per 1.000 citizens can be considered as normal, this would mean that there is an extremely high potential in Germany still to realize. Experts predict a continuous growth in Germany amounting to 15% in 2013 and 2014. Portugal, Spain, Hungary and Ireland, that have dropped to the end of the scale with 1,5, respectively 1,6 new units per 1.000 inhabitants. These nations and Greece are predicted not to reach the factor of 2,0 until 2015.

3. Ardex Acquires Majority Stake In Quicseal, Singapore

Ardex GmbH of Witten,Germany has recently acquired a majority of the shares of Quicseal Construction Chemicals Pte. Ltd., Singapore. Quicseal, established in 1988 by Jmmy Lim, is a supplier of waterproofing, concrete repair systems and tile and natural stone installation products. The company is active throughout South East and Eastern Asia since decades. “Quicseal gives us access to products that are tailored to the region’s market requirements and have continuously proven their worth,” emphasises Mark Eslamlooy, CEO of the Ardex Group, "(...) Ardex Singapore has already been (active) in the region for several years. In future, the two companies will serve the market in parallel, each with its own brand and service profile, yet synergies will be generated in production, sales and purchasing." Ardex currently employs 1.900 people worldwide, it is member in SEADMA and drymix.info.

4. Accor Plans to Invest over 880 mio Euro in India

The international hotel group Accor, Paris, France announced to set up over 90 hotels in India over the next three years, an investment estimated to be Rs. 5750cr. (880 mio euro). The target of the group is to have 20.000 rooms for tourists and business travellers by 2015. Currently the group operates 23 hotels in India. Already strongly present in Bangalore, Accor is focussing now on Delhi, Mumbai and other major metropolitan regions. According to Denis Hennequin, Accor CEO, construction time and costs are 2 to 2.5 times higher in Indai than in most parts of the world because of infrastructure and building technology bottlenecks.In the field of commercial real estate, the building of hotels usually yields the highest potentials for drymix mortar manufacturers. This can be attributed to the fact, that international standards and qualities are expected by the developers, and that construction time needs to be optimized. Also, high class and more durable finishing materials are being used, so specialty mortars, adhesives and coatings are in need. Here is a chance for the Indian Alliance of Drymix Mortar Manufacturers indeed!

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Sincerely Yours, Ferdinand Leopolder