News

Caterpillar is reporting strong performance for the fourth quarter of 2022 as well as for the full year 2022. Fourth-quarter 2022 sales and revenues were up 20%, while full-year sales and revenues were up 17%. 

CEMEX has acquired a 51% stake in Israel-based SHTANG Recycle, a construction, demolition, and excavation waste (CDEW) recycling company. The acquisition aligns with CEMEX's strategy to strengthen its business in developed markets through bolt-on acquisitions in businesses with strong circular and sustainable attributes.

Agg Pro has signed a partnership to become the exclusive dealer for CRS NI across England & Wales for their range of mobile & static recycling machines.

CEMEX Ventures has launched its annual Top 50 list of construction technology startups.

CEMEX has announced the launch of Regenera, a business that provides circularity solutions across EMEA, including recovery, management, recycling, and waste co-processing.

Kohler Power Systems, part of off-road engine maker Kohler, has announced that its headquarters and manufacturing plant in Brest, France has switched all its fuel usage in diesel engines from conventional fossil diesel to Hydrotreated Vegetable Oil (HVO). 

Germany-based off-road engine manufacturer Deutz Group has thoroughly revised and updated its supplier code of conduct.

Volvo CE reports that it has achieved a steady rise in sales across both the last quarter and the full year for 2022. The firm says that it secured good profitability while accelerating the sustainable industry transformation.

According to Dodge Construction Network, total US construction starts jumped 27% in December to a seasonally adjusted annual rate of US$1.185trn. During the month, nonresidential building starts increased 51%, nonbuilding starts increased 30%, and residential starts rose less than 1%. 

World Cement Association (WCA) director Emir Adiguzel says that, after the past two years of post-covid high demand, 2023 is set to be a difficult year for the cement industry with a number of issues coming to the fore.