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Findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show the increase in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic has declined over the past 12 months.
AkzoNobel’s new logistics hub, which is set to become the company’s largest warehousing base in China, is on course to be completed by the middle of 2023.
The MAPEI products that include SCS Indoor Advantage Gold certification have been vetted by an ISO-accredited, third-party certification body and tested by an industry-independent laboratory.
MAPEI Corp. recently announced that it has completed the certification process for SCS Indoor Advantage™ Gold 2021 and now has a total of over 375 products (in the U.S. and Canada) that are certified for low volatile organic compounds.
Strong demand stemming from low interest rates, favorable demographics, and a suburban shift for home building to smaller, more affordable housing markets helped to lift new home sales in January 2021, but rising lumber and material costs threaten to blunt this momentum.
Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation, pushed builder confidence in the market for newly built single-family homes down three points to 83 in January, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.
Continual climate change necessitates a movement toward energy savings via coatings. One method of saving energy in hot climates is to minimize the heating of buildings. This can be achieved with the application of a coating on the roof that keeps the rooftop cool while minimizing the conduction of heat and the use of air conditioning. Another way to save energy is through increasing the lifespan of a coating with heat protection. This method represents energy savings in a broader scope, as it reduces energy along the production chain.
Single-family starts in December 2020 increased 12% to a 1.34 million seasonally adjusted annual rate, while the multi-family sector, which includes apartment buildings and condos, decreased 13.6%.
Led by a solid, double-digit gain in single-family starts, overall housing starts increased 5.8% to a seasonally adjusted annual rate of 1.67 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Innovative Chemical Products Group (ICP) recently announced that it has acquired Gardner-Gibson and Sun Coatings (Gardner-Gibson), a leading manufacturer of liquid-applied roof coatings, roofing products, driveway sealers, and specialty paints primarily serving professional contractors for commercial and residential applications.
Ending a string of three successive months of record highs, builder confidence in the market for newly built single-family homes fell four points to 86 in December, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).