News

Aggregate Industries laid a record-breaking 52,000 tonnes of asphalt in one month in the early completion of its works as part of the M23 smart motorway project in southern England. The amount of asphalt laid is a monthly record for a new British smart motorway installation.

The UK-based Competition & Markets Authority (CMA) has launched Phase 1 of its merger inquiry into the anticipated acquisition by Breedon Group of certain CEMEX UK assets.

While the South African construction industry remains in the grips of a long-lasting downturn, worsened by Covid-19 in recent months, ASPASA says there remains no excuse for construction contractors or building material suppliers to excavate sand and aggregates illegally.

The secretary-general of European construction equipment manufacturing association CECE has highlighted the recent improving trends in the sector's business climate after the disastrous decline in April and May.

German building materials giant HeidelbergCement will write off around €3.4 billion before tax due to the coronavirus crisis, German financial media reports.

June saw a sharp turnaround in the performance of the UK construction sector as the restart of on-site work lifted output volumes and boosted business confidence.

Metso Outotec has begun employee cooperation negotiations related to organisational restructuring following the merger of Metso's Minerals business and Outotec on 1 July 2020.

SigmaRoc's wholly-owned Belgian subsidiary CDH (Carrières du Hainaut) has signed an agreement with the Walloon government which will see it co-fund around €700,000 of an estimated €3 million of infrastructure works required as part of the company's blue stone quarry extension project at Soignies.

The Komatsu group of companies in Europe has made around €100,000 in donations to three organisations to support the fight against the spread of Covid-19.

The U.S.-based Association of Equipment Manufacturers will host a virtual Workforce Solutions summit 10-12 August, 2020 targeted at c-suite and human resources professionals in the manufacturing industry.

Indocement Tunggal Prakarsa (Indocement) saw its year-on-year revenue fall nearly 10% (-9.91%) to IDR 3.73 trillion (US$246.12 million) in the first quarter of 2020.

Continental is combining its global activities in the special-purpose tyre segment.