TTF guides members on the Code of Construction Product Information 21 April, 2021 SHARE A suite of materials will be made available to help TTF members to navigate the CCPI.
The Timber Trade Federation has launched a detailed guide for its members to the Code for Construction Product Information, including six key steps to assure business processes related to providing information and customer training are in line with the aspirations of the currently voluntary Code.
The CCPI, due to start rolling out across the construction products sector during the summer, requires that product information provided through every channel, online and offline, in print and in person, adheres to five ‘acid tests’ and is: clear, accurate, unambiguous, up-to-date and accessible. It also requires that those preparing and presenting information are competent ‘to the level required for their role’.
Material prices to remain high ‘for a year’
Inflation in raw materials will continue to push up prices for the rest of 2021, according to a new survey from the Construction Products Association (CPA).
The organisation’s State of Trade Survey for the first quarter of 2021 found housing is leading a recovery for the sector but material shortages are expected to hit prices for the next year.
The supply of raw materials and components is the primary concern for most product manufacturers, reflecting global supply issues for items including steel, timber, PVC and chemicals. Some 90 per cent of heavy side and 88 per cent of light side manufacturers reported an increase in the cost of raw materials during Q1.
By Tom Lowe2021-04-19T13:16:00+01:00
Record number of materials firms report price hikes
The Construction Products Association (CPA) has become the latest to sound the alarm over material shortages after a record number of materials firms reported price hikes.
Supply chain disruptions due to a lack of available shipping containers and reduced staff at ports has been flagged as the major constraint on supplies for the next 12 months.
Some 97% of firms dealing in heavy side products such as steel, timber and concrete expect cost pressures to remain high over the coming year, according to the CPA’s latest State of Trade survey.
Sheehan Group appeals to the industry to embrace recycled products
Sustainable construction company the Sheehan Group has appealed to the industry to embrace recycled products following the news of another UK materials shortage.
The UK Construction Leadership Council has confirmed cement, aggregates, and plastic products have been added to the growing list of essential items in short supply. They have been added to a list that includes tiles, bricks, timber, and steel.
The Builders Merchants Federation and Construction Products Association both warned high demand for construction products combined with supply issues mean challenges will get worse in the short term. A shortage of raw materials was cited as part of the problem.
· Strong H2 performance, gaining momentum: o Revenues up 4% on H2 2019 o H2 2020 underlying operating profit £11.2 million (H2 2019 £11.8 million) · RMI demand quicker to return and stronger than newbuild and social housing · Robust financial position maintained: o Strong cash generation o Significant headroom in banking facilities of over £50 million at the year end, facilities now extended to June 2024 o All pre-COVID banking covenants met with no variation or waivers o No additional funding has been sought from shareholders or banks · Recommencement of dividend payments, with proposed final dividend of 1.00 penny per share · Health and safety prioritised in response to the COVID-19 pandemic