HOIST magazine



  • For example, in South Australia and Tasmania a number of energy infrastructure construction projects are going ahead.
  • This solid performance is a consequence of high levels of investment in oil and gas and energy infrastructure projects.
  • Notwithstanding the aforementioned power station, it’s largely a different story in the energy and utilities construction sector, however.
  • However, it isn’t stalling altogether and there are still some ongoing construction projects, including in Queensland.
  • Meanwhile, a project to develop the rail infrastructure in Melbourne is continuing with an upgrade of the Cranbourne-Pakenham rail corridor.


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Orange Bowl to be played on a construction site



  • Two of the best quarterbacks in the nation will lead their teams into the Orange Bowl with the victor advancing to play for the national championship.
  • I think that loss itself helped us improve as a program and how to prepare for a bowl game.
  • Oklahoma coach Bob Stoops said this year’s team is one of his best.
  • With Dalton on the sidelines, the Sooners struggled to an 8-5 record last season – including a 40-6 loss to Clemson, their Orange Bowl opponent this year, in the Russell Athletic Bowl – but Dalton said he knew brighter days were ahead.
  • OU will counter with running backs , who have combined for more than 2,000 rushing yards and 22 rushing touchdowns.


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Japan Picks New Olympic Stadium Design



  • Japan’s then-education and sports minister, Hakubun Shimomoura, offered to resign over the cancellation of the first stadium design.
  • Japanese Prime Minister Shinzo Abe has announced architect Kengo Kuma as the victor of a second design competition for the new Tokyo Olympic Stadium.
  • The previously finalized design had a lofty price tag of 252 billion yen ($2.1 billion), which came under heavy criticism.
  • A new plan was needed after the design by London-based Iraqi architect Zaha Hadid was called off due to ballooning costs of 265.1 billion yen.
  • Earlier this month, the Japan Sports Council released two new bids, initially kept anonymous but widely believed to be the work of Toyo Ito and Kengo Kuma, submitted in concert with leading Japanese construction firms.


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India readies plan to clean Delhi’s air, but won’t focus on vehicles



  • A traffic policeman wears a mask to protect himself from dust and air pollution as he signals to drivers in New Delhi, India, December 23, 2015.
  • To match INDIA-POLLUTION/

    A traffic policeman wears a mask to protect himself from dust and air pollution as he signals to drivers in New Delhi, India, December 23, 2015.

  • A traffic policeman wears a mask to protect himself from dust and air pollution as he stands on a road-divider in New Delhi, India, December 23, 2015.
  • The World Health Organisation said last year that 13 of the world’s 20 most polluted cities were in India, with New Delhi the worst.
  • Instead, the plan will call for enforcing bans on what some environmentalists regard as relatively minor sources of pollution, including burning of garbage and construction dust.


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One man pulled alive from landslide in China’s Shenzhen



  • A half-buried truck is seen at an industrial estate hit by a landslide in Shenzhen, Guangdong province, December 23, 2015.
  • Damaged vehicles and containers are seen at an industrial estate hit by a landslide in Shenzhen, Guangdong province, December 23, 2015.
  • Rescuers walk along tyre tracks at the site of a landslide which hit an industrial park on Sunday in Shenzhen, Guangdong province, China, December 22, 2015.
  • On Tuesday, police raided offices of the company that was managing the dump site, Shenzhen Yixianglong Investment Development.
  • Rescue workers work on a damaged building during search and rescue operations at an industrial estate hit by a landslide in Shenzhen, Guangdong province, December 23, 2015.


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Start up numbers increase in Scotland (From Herald Scotland)



  • The totals represent the number of new firms opening accounts with

    Bank of Scotland, Clydesdale Bank, TSB Bank and The Royal Bank of Scotland.

  • The number of start ups fell by 5.3 per cent, 169, from 3,159 in the second quarter on this year.
  • The rise in start ups compared with last year was driven by strong growth in the number of new construction firms, to 378 from 287.
  • This suggests people are being encouraged to start firms by the strength of the recovery in the construction sector and the housing market from the downturn that followed the financial crisis of 2008.
  • Sole trader start up numbers have increased during periods when people have found it harder to get jobs.


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Construction chiefs should learn from miners’ woes



  • Such flexibility is surely prudent for all cyclical stocks be they miners or housebuilders (Other OTC: UBGXF – news) .

  • That has resulted in two interrelated problems: huge oversupply of most commodities and many miners being over-leveraged.
  • Many miners had progressive dividend policies that required payouts to slowly increase or, at the very least, stay the same over time.
  • As the markets turned and the miners began to flounder, these badges of pride soon became albatrosses around their necks.
  • The root cause of their woes, and indeed those of all commodities producers, is the same China .


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Orbite Provides HPA Construction Update



  • Certain information contained in this document may include “forward-looking information”.
  • Following the dispute settlement, it was determined that working through the Québec end-of-year construction holiday (December 18th – January 3rd) would not result in commercial production prior to year-end.
  • MONTREAL, QUEBEC–(Marketwired – Dec 15, 2015) – Orbite Technologies Inc. (ORT.TO)(EORBF) (“Orbite” or the “Company”) announced today that a dispute, now resolved, with one of its contractors will push the end of construction of its HPA production facility and start of commercial production into Q1 2016.
  • In this document, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements.
  • Without limiting the foregoing, the information and any forward-looking information may include statements regarding projects, costs, objectives and future returns of the Company or hypotheses underlying these items.


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Forecasted construction sector growth falls short



  • He also pointed out that the November data on the construction sector from Britain’s purchasing managers was also softer.
  • DISMAL official data yesterday revealed weaker than expected growth in the construction sector that followed on a sharp slide in output in the third quarter of the year.
  • Output in the sector – accounting for about 7 per cent of British GDP – edged up just 0.2 per cent in October, significantly undershooting City forecasts.
  • The ONS said infrastructure had risen to almost £4 billion (28 per cent) of total construction industry output over the year to September 2015.
  • The Office for National Statistics also said that Q3 construction output was now estimated to have slumped by 1.9 per cent, heavily influenced by a 5.6 per cent fall in housebuilding.


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Looking back on a lamentable lack of future-proofing in construction of Forth Road Bridge (From Herald Scotland)



  • It would appear the 1964 Forth Road Bridge was not, if its whole integrity depends on such individual small components.
  • THE Forth Bridge, opened in 1890, was deliberately over-engineered after the Tay Bridge disaster in 1879.
  • THERE are two clear and important messages to emerge from the current Forth Road Bridge fiasco (“Share your car or work from home, bridge drivers urged”, The Herald, December 7, and Letters, December 7, 8 & 9).
  • Perhaps the hard-hats currently poking at the underside of the Forth Road Bridge might learn a lot by way of similar investigations underneath Stevens’s efforts at Hyndford, and others like it.
  • This was the case in free university tuition (paid for by scrapping more than 140,000 further education college places) and is now the case in scrapping bridge tolls at a time when all budgets were under pressure.


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