News

Dangote Cement will consider a London share sale over the next two years, Bloomberg reports, as Africa’s biggest building materials producer seeks funds for expansion. Nigeria’s biggest company, owned by the continent’s richest man, Aliko Dangote, will also seek to raise US$500 million via the issue of a Eurobond, chief financial officer Brian Egan told investors on a conference call on Tuesday after reporting the sector giant’s Q1 2018 results. The money sought is on top of a 300 billion naira

Compact crushing and screening equipment provider EvoQuip has expanded its global sales team by appointing new sales managers for North America and Western Europe.
Conor Grogan is appointed as territory sales manager for western Europe, and he will be responsible for leading all sales activities in this area, including sales support and applications.
He previously worked in the bulk material handling and crushing and screening industry for the last eight years. Joining the team alongside him will be Sean

From 1 July 2018 Danish-based company FLSmidth's organisation will consist of two industries, Cement and Mining, supported by a regional set-up to strengthen customer focus and life-cycle solutions, combined with a new central digital organisation. Building on its business model of projects, products and services, the company says it will realign its organisation from four divisions into the two industries, and from a country set-up into an “agile regional structure.”Sales and service will be decentralised

Marangoni, a leader in the tyre retreading industry, has entered into a strategic collaboration agreement with Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets. Under the terms of the agreement, Marangoni, which also develops technologies and machinery to produce new and retreaded tyres, and Directa Plus will work together to develop a bespoke version of the Directa’s Graphene Plus (G+) to improve the performance of Marangoni compounds in truck and

German company BHS-Sonthofen has acquired all shares in AVA,which is based in Herrsching in the Greater Munich areaof Germany. As the product portfolios of the two companies complement each another perfectly, this move strengthens BHS-Sonthofen’s market position in the field of mixing technology. It furthermore supplements the company’s competence in the field of solid-liquid separation with AVA’s drying technology. The owners of AVA decided to sell the family business as they wish to retire yet lack a

At Atlas Copco’s annual meeting, Epiroc was reported as discontinued operations, and it was decided to distribute the subsidiary to the shareholders of Atlas Copco and list the company on Nasdaq Stockholm Stock Exchange. Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides service and consumables. Mats Rahmström, President and CEO of the Atlas Copco Group, said Epiroc showed a strong organic order growth and solid profitability in the quarter.

Chosen for its unparalleled ease in pavement construction, Aggregate Industries has supplied its innovative and highly-durable Highpave concrete mix for the resurfacing of a scrap metal yard at Liverpool’s famous Canada Docks in Northwest England.

Each year, leading metal recycling firm, S Norton collects, processes and exports around 1 million tonnes of metal from its dock facilities in Southampton, London and Liverpool, which is located on the edge of the River Mersey. With scrap metal continually load

Liebherr Great Britain has acquired new six-hectare site adjoining the company’s existing 3.6-hectare headquarters in Biggleswade, county Bedfordshire, England. Development plans for the expanded facility are still being finalised, but it is expected to include a new pre-delivery inspection centre and other functions, to support the UK business. “This expansion will ensure we continue to have adequate resources and capacity to support our customers and the continued growth of Liebherr in the UK,” says

A report from Unacea, the Italian construction equipment association, says that 2,713 machines were sold in the Italian market in the first three months of 2018, a growth of 30% compared to the same period in 2017. Topping the list were earthmoving machines with 2,623 sold, while the figure for road equipment was 93. “The Italian market confirms its growth trend also over the first months of 2018,” said Paolo Venturi, president of Unacea. “However, we should keep in mind that a large part of this growth is

Volvo Construction Equipment says that significant market demand increases in all major regions helped propel it to a strong first-quarter 2018, with sales up 30% and profitability up 79%.
During the first three months of 2018 Volvo CE saw net sales jump by 30% to SEK 20,914 million (approximately €2,015 million, compared to SEK 16,101 million in Q1 2017. Adjusted for currency movements the results were even better, up 33%. Operating income was also positively impacted, rising to SEK 2,888 million, up 79%

Concrete production specialist ConSpare has expanded its onsite service offering by appointing Ian Hatch to its Capital Department. He joins the county Nottinghamshire, central England-based company as Hydronix specialist, responsible for installation and maintenance services for its range of moisture measurement equipment. Hydronix is a leading manufacturer of digital microwave moisture measurement equipment, which is said to enable concrete producers to manufacture the highest quality concrete at the

Bobcat is showcasing its new 2-4 tonne compact excavators which it says provide better operator comfort, improved controllability and smoothness of all working functions. The company’s E26 has a transport weight reduced by around 40kg, increased over-the-side lifting capacity and a robust workgroup with a cylinder-inside-boom feature. Bobcat’s Zero House Swing E27z aims to deliver higher 360-degree stability and a lower weight for easier transportation. The model also features an optional long arm and