News

An intermediary holding company, Hyundai Genuine, has been established following the purchase in August of Doosan Infracore by Hyundai Heavy Industries Group.

The World Cement Association has expanded its international network of members by welcoming CarbonBuilt as an associate corporate member.

UK and Ireland construction materials provider Breedon Group has reported group revenue of £1,045m for the 10 months to 31 October 2021, up 31% on the same period in 2019.

MDU Resources subsidiary Knife River has acquired construction materials companies Baker Rock Resources and Oregon Mainline Paving to expand its platform in the Pacific Northwest.

CRH posted 2021 first nine months sales worth US$22.8 billion – up 11% on the same period of last year.

Doosan quarrying and construction equipment dealer Megatron EAD has opened a new business centre in Bulgaria that incorporates the company’s headquarters and central trade and service facilities.

The ISO 14001 environmental quality certification has been renewed for the plant in Rovereto, Italy operated by off-road tyre retread specialist Marangoni.

CEMEX has made a further advancement in its efforts to achieve carbon neutrality at its Rüdersdorf cement plant by 2030.

France-based Genvia has announced a number of pilot projects with industry leaders to accelerate the decarbonisation of sectors including cement.

The Association of Equipment Manufacturers (AEM) has revealed its 2022 officers elected to its board of directors and construction sector boards.