News

CEMEX's like-for-like net sales fell by 3% to US$3.5bn in the second quarter of 2019, compared with Q2 in the previous year.

The building materials giant says the decrease in quarterly consolidated net sales was due to lower volumes in all of its regions except for the US, partially offset by higher local currency prices for CEMEX products in all of its regions.

CEMEX CEO Fernando Gonzalez commented: “The second quarter was impacted by the challenging global economic environment. Weaker-than-expected

Atlas Copco has appointed Coventry, UK-based Vital Power as an authorised distributor for its complete QIS family of diesel generators.

The QIS range includes the five most recently added models, ranging from 875 to 1420 kVA.

The generators are designed to handle demanding conditions in both standby and stationary prime applications, and to respond instantly to an electrical supply interruption and deliver guaranteed performance exactly when it is needed. Atlas Copco says that low noise levels allow

TBF Thompson has become an official distributor of Bell Equipment articulated dump trucks (ADTs) across Ireland.

Established in 1958, TBF Thompson (Garvagh) Ltd sells a wide range of equipment to construction and quarry industries across the region and has depots in Belfast, Dublin and Garvagh.

“We’ve been contemplating a working relationship with Bell Equipment for some time, and have been impressed with its capabilities in manufacturing and distributing heavy earthmoving machinery for over 60 year

CEMEX Latam has announced that sales reached US$249 million during the second quarter of 2019, a decline of 11% in US-dollar terms.

Demand for aggregates in China will remain consistently strong over the next ten years despite the industry facing some major challenges, according to the head of the China Aggregates Association (CAA).
CAA president Hu Youyi said that China’s annual aggregates infrastructure consumption is over 20 billion tonnes (accounting for more than 50% of the global total for 2018 of 40 billion tonnes), with ever-increasing urbanisation driving demand. Global demand is estimated to total 60 billion tonnes by 2050.

CEMEX Ventures recently celebrated its Pitch Day, an event at which the 10 winners of the Construction Startup Competition 2019 presented their solutions to a jury of experts in construction, innovation, and entrepreneurship. This global challenge, which doubled its participation compared to the 2018 competition, seeks new business models that work in the six priority opportunity areas defined by CEMEX Ventures.

Launched in February 2019, the competition challenged the most promising startups to become l

Metso has opened a new Metso Business Services (MBS) centre in the Lithuanian capital Vilnius.
The Finnish company says the investment supports its profitable growth strategy by improving operational excellence and scalability of business services.

The centre - scheduled to open in Q4 this year - will initially offer services for Metso’s finance operations, later followed by logistics. The company says the objective is to centralise related services to the new centre and gain benefits from process ha

Chinese cement industry profit was up nearly 20% in the first half of this year, compared to the same period of 2018, according to China’s National Bureau of Statistics.

Profit levels hit CNY 80 billion (US$11.63bn) in the January to June 2019 period, while cement industry output rose 6.8% to 1.05 billion tonnes. The average cement price also increased over the six-month period by nearly CNY 20 (US$2.90) per tonne.

China’s National Bureau of Statistics in China revealed that Chinese cement industry

Emphasising its position as Africa’s biggest building materials supplier, a senior figure at Nigeria-headquartered Dangote Cement has revealed that the company releases around 40,000 tonnes – or 8 million bags – of high quality cement to the market each day.

Speaking to journalists at the presentation of a new GAC GA3S car to the star winner of the ongoing National Consumer Promotion in Ibadan, south-west Nigeria, company managing director Josepth Makoju said robotic technology simplified such production

Chinese construction and quarrying equipment giant LiuGong and Valvoline have signed an MOU (Memorandum of Understanding) for a strategic global alliance for lubricants. Under the alliance, Valvoline will become the preferred provider of lubricants for markets outside of China.

Zeng Guang’an, chairman of Guangxi Liugong Group and Guangxi Liugong Machinery, and Kevin Thieneman, LiuGong vice president of strategy and aftermarket, were present at the signing ceremony held in Houston, Texas.

“This is a

The global construction aggregates market will have a total value of US$331bn at the end of 2019, and is anticipated to reach nearly US$623bn by the end of 2029, growing at a CAGR of around 6%.

The forecast comes in a new report from Persistence Market Research (PMR), which states that regional governments in emerging countries are continually focusing on addressing shortfalls in infrastructure and improving education & healthcare systems and water & sanitation.

In line with this agenda, governments