Auctions, Used Equipment, Rental & Finance

Aggregate Processing Plant (part of Vostokcement) shipped a total of 362,500 tonnes of aggregate by the middle of October 2014, which is 100% of the annual plan.

The figure grew by 6.8%, compared with the same period of 2013. The increase was the result of new contracts and launch of new facilities.

Zvezda shipbuilding facility (Bolshoy Kamen, Far East) is among the major partners of the plant in 2014.

Vostokcement intends to start continued operation at Aggregate Processing Plant due to increases

Cemex has revealed that it has received US$515 million of commitments from banks that have agreed to join the credit agreement entered into on 30 September, 2014.

Following the completion of customary closing conditions, the banks that provided the new commitments will accede the Credit Agreement as additional lenders, increasing the total amount of the Credit Agreement from $1.35 billion to $1.87 billion.

The incremental amount raised will be applied to partially prepay the Facilities Agreement date

Turkish cement producer Oyak Cimento Grubu's turnover in the first nine months of 2014 increased by 18% to TRY 1.10 billion (€396.77 million/US$500.31 million) while its net profit was up by 84% to TRY 335.6 million.

The group is expecting the sector to have a growth of 5% in 2015. This growth is due to infrastructure and urban renewal projects and the company is expecting the sector to grow by 6% in 2014.

In the Philippines, businessman Ramon Ang is said to have announced that he is giving serious consideration to the acquisition of Lafarge Republic cement plants.

Ang did not mention if either Eagle Cement or San Miguel were showing interest in buying the local assets of Lafarge.

Ang, who is Eagle Cement's chairman and San Miguel's president, is reported as saying that they are seriously assessing the planned acquisition and it will be a huge transaction if it happens.

The assets that are planned to

The UK-based CPA (Construction Plant-Hire Association) Plant Conference 2014 attracted more than 140 attendees and a host of top level speakers.

CPA member and non-member delegates from hire companies, contractors, industry associations and government agencies were at the recent event in Wyboston Lakes in county Cambridgeshire, England to hear leading industry speakers discuss the ways in which those working within the UK construction plant hire sector can understand and influence the future of the indu

The Moscow government will hold a tender for the supply of three stationary asphalt-concrete plants Benninghoven TBA 3000 UC to the Avtomobilnye Dorogi enterprise on 5 November 2014. Reports say the starting price of the public contract is set at RUB 610.60 million (€11.73 million/US$14.91 million). The equipment should be delivered by 31 December 2014 and bids are accepted until 27 October.