News

LafargeHolcim has received the approval of the Cabinet Committee on Economic Affairs for the streamlining of its ownership structure in India. The transaction has already been approved by all other stakeholders including the independent directors, minority shareholders, the Securities and Exchange Board of India, stock exchanges and respective High Courts in India. LafargeHolcim is now awaiting formal communication from the Foreign Investment Promotion Board (FIPB) in order to close the transaction.

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Sandvik has signed an agreement to divest its Mining Systems operations to the private equity company CoBe Capital. The Swedish mining, quarrying and construction equipment manufacturing heavyweight says it will maintain ownership of ongoing projects which are close to finalisation.

The closing of the transaction is expected during Q4 2016, subject to the satisfaction of certain conditions precedent. The parties have agreed not to disclose the purchase price.

The transaction entails a capital loss of

Breedon Aggregates, the UK’s largest independent aggregates business, saw its profits before tax rise 19% year-on-year in H1 2016 to £20.9 million (£17.5 million H1 2015).

Revenues were up 2% to £163 million (£160.5 million H1 2015); and underlying EBIT was up 21% to £22.8 million (£18.9 million H1 2015). Breedon sold 4.6 million tonnes of aggregates in the six-month period (compared to 4.5 million tonnes in H1 2015). Asphalt sales remained the same year-on-year at 0.9 million tonnes in H1 2016. Meanwhil

Blantyre-based Advance Construction Scotland has bought a package of 53 Volvo excavators, which are all incremental to the company’s fleet of in excess of some 200 machines.

The latest package of machines includes two EC160Es; five EC140Es, 18 ECR88D reduced swing machines mounted on city pads; 18 EC55Cs and ten EC35Ds.

The company bought its first Volvo compact excavators in 2011 and then again in 2012.

“Opting for Volvo has proved to be a good decision for us. The machines have performed faultles

Hitachi Construction Machinery (Europe) NV (HCME) has relaunched its corporate website presence under a new URL, www.hitachicm.eu, to replace the former site.

The company says it is more than just a name change though, a complete redesign and rebuild provides visitors with the “ultimate online construction machinery experience.”

The company says that asa result, the industry at large can view the high-quality Hitachi model line-up using the latest advanced technology in keeping with HCME’s overall aim

A leading cement company in Indonesia recently mounted Magna 27.00-49 MB440 tyres on its trucks.

The company says it uses only BIAS tyres due to the rough terrain it is operating in, with only a short distance to cover.

The BIAS MB440 is especially designed for operating on rock, coal and earth where serviceability and cutting are big problems.

The MB440 tyre offers a self-cleaning and non-directional tread pattern.

Seventy-two architectural studios responded to the call for projects launched by Marmomacc and Archmarathon with the aim of bringing together natural stone projects competing for the first Stone Archmarathon Award, the new category created to promote the use of stone materials in architecture.

Twenty of these prestigious studios were selected for the casting" stage, scheduled for 30 September- 1 October, 2016, at Marmomacc, when an international jury chaired by Luca Molinari will select the finalists who

Dressta has appointed Ferronordic Machines as the official distributor of Dressta crawler dozers and pipelayers in the Russian Federation.

Headquartered in Stalowa Wola, Poland, Dressta is renowned globally for engineering durable, powerful machines for the toughest applications.

Since being acquired by Chinese construction and quarrying equipment giant LiuGong in 2012, Dressta has been steadily building its worldwide presence and reputation. The company focuses on continuous investment to R&D in orde

Senior Shell figures have stressed the company’s long-term commitment to supplying high quality bitumen across Europe.

Shell has established a robust bitumen supply chain in Europe, anchored by its two main refineries in the region: Rheinland in Germany and Pernis in the Netherlands. In late 2015, Shell announced the decision to invest in a solvent deasphalter (SDA) unit at the Pernis refinery, with a view to improve its performance and competitiveness.

Shell’s Pernis facility is the largest integr

Malcolm Construction has purchased a TA300 articulated hauler for use in its popular plant hire division.

With a customer, dealer and manufacturing relationship that goes back almost 20 years, Malcolm Construction once again called on Terex Trucks to provide a 28tonne hauler, this time for use within its plant hire division.

Adding to its existing fleet from Terex Trucks, the major group, which is Scotland’s largest haulage company and whose construction division has over 200 machines, put the 28-to

Cemex UK has invested in a new £700,000 (€834,000) ready-mixed concrete batching plant at Moreton Valence in county Gloucestershire, England. The state-of-the-art plant replaces the existing plant in Gloucester, just over eight miles away.

The Imer Oru Oneday batching plant is a fully wet batch plant which is skip-fed as opposed to by conveyor and allows collection using a flat-bed vehicle. The design of the plant opens up the market for call and collect customers, as well as delivery to site by a Cemex

Earthmoving attachments specialist Miller UK has appointed experienced international business strategist Barry Robison as its new marketing manager.

Before joining the northeast England headquartered company, Robison spent 15 years working for international protective coatings manufacturer AkzoNobel. During that time, he headed up a global strategy team tasked with driving sustained profitable growth of a critical industry segment, and the qualities that brought him success in this role were said to be k