News

Building materials and solutions company LafargeHolcim has completed the divestment of its activities in Malaysia.

The process was finalised with the disposal of LafargeHolcim's entire 51% shareholding in Lafarge Malaysia Berhad to YTL Cement Berhad for a total enterprise value of CHF982m (€872m). Lafarge says the transaction will reduce the group’s net financial debt by CHF600m (€533m).

Together with the divestment of its activities in Indonesia, Singapore and the Philippines, Lafarge says that the M

Quarrying and construction machine operators have a huge influence on total cost of ownership (TCO). Volvo Construction Equipment says that customers who invest in their people will reap enormous financial rewards in the long term as they help them to bring out the best in their machines. The Sweden-headquartered global off-highway equipment market manufacturer is highlighting four main ways operator training can make a difference.

1. Save money on fuel
Inexperienced operators who push the throttle to

China’s leading construction equipment manufacturers say they are determined to enhance the international influence of their brands.

They emphasised that over the years Chinese equipment has become more reliable, efficient and of higher quality, and has achieved exports to over 200 countries.

China is already a big construction machinery manufacturing country globally with sales revenues in 2018 reaching 600 billion RMB (US$87 billion) and exports reaching $21.5 billion by November 2018.

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KINSHOFER has expanded its extensive line of excavator attachments with the addition of KSB-Series hydraulic breakers. The manufacturer announced the breaker series at World of Concrete 2019 in Las Vegas, USA, with the acquisition of Hammer, an Italy-based manufacturer of demolition, excavation, recycling and material handling attachments.

The new KSB-Series line features a monobloc design and other standard elements to increase durability and comfort for operators in construction, demolition and recycl

Swedish-based Epiroc will host a Capital Markets Day on November 14 in Stockholm.
The company – which supplies drill rigs, rock excavation and construction equipment and tools ¬– says the purpose of the day is to give an update on its strategy, development and global operations to investors, analysts and financial media.

Epiroc executives taking part will include Per Lindberg, president and CEO; Anders Lindén, CFO; Helena Hedblom, senior executive vice president mining and infrastructure. The program

Improving team performance and supporting self-motivation at work will be the focus of this month’s Lunch and Learn webinar delivered by the UK-based Institute of Quarrying (IQ).

Taking place on Thursday 30th May from 12.30pm-1pm, the webinar will be delivered by University of Derby senior lecturer Dave Lees. His presentation is designed to stimulate actions on improving the performance of teams in the modern environment of work in which change is the norm.

Lees explains: “Today’s environment of chall

Tarmac says it has revolutionised the production and delivery of its ready-mixed concrete with innovative software that improves product quality and data accuracy to boost site productivity and resource efficiency.

The Tarmac Assure system, which the company has installed across its entire UK ready-mixed fleet, collects data to measure, manage and record concrete quality at the plant, in transit and on site. Water is automatically added to ensure the material reaches its target consistency or ‘slump’.

LiuGong and United Overseas Bank Limited (UOB) have renewed their Memorandum of Understanding (MOU) to facilitate machinery financing for LiuGong’s customers as it expands its business across Southeast Asia.

LiuGong and UOB have been collaborating since July 2018 to extend machinery financing solutions for LiuGong’s vendors and customers in the region. Under the terms of the new MOU, UOB will develop an end buyer financing credit framework and offer asset financing and hire purchase or lease financing to

The First Minister of Wales has praised the "enormous contribution" that the mineral products industry makes to Wales and its economy.

The Rt Hon Mark Drakeford AM was addressing 110 delegates from 40 organisations at the annual Mineral Products Association (MPA) Wales Seminar, Planning Workshop and Lunch on May 10.

The First Minister said: “Whatever the future looks like, we will always need a wide and diverse range of minerals to power and build the future we need. You provide many of the jobs and

The Mineral Products Association (MPA) has launched a new briefing ‘The Contribution of Recycled and Secondary Materials to Total Aggregates Supply in Great Britain’ highlighting that the aggregates industry is one of the UK’s recycling and circular economy success stories.

Over 70 million tonnes of materials from a range of sources are re-used in GB aggregates markets and 90% of these recycled materials are sourced from construction activity, following demolition work and road repairs.

While there i

LafargeHolcim, the French-Swiss building materials heavyweight, posted a 6.4% year-on-year sales rise to €5.959 billion in the first quarter of 2019. Profitability increased in all business segments, while there was a 20.6% increase in EBITDA (earnings before interest, tax, depreciation and amortisation). The Group also achieved a significant reduction in its debt.

Looking ahead, LafargeHolcim sees its positive momentum in Q1 continuing throughout the rest of 2019. This is expected to include continued m

The recent global dealer network meeting held by Finnish crushing and screening hydraulic bucket attachment maker ALLU attracted close to 100 representatives.

During the meeting the dealers were given a series of seminars, workshops and a walk-through of the production process aimed at providing them with the latest developments and application thinking concerning the ALLU product lines such as Transformer and Processor.

ALLU has recently placed great deal emphasis on growing its dealer and distributo