News

BI Group Construction's board chairman Talgat Kozhakhmetov has reportedly claimed that the Kazakhstan-based holding company's contract portfolio for the next three years exceeds US$2.68 billion (KZT 500 billion).

Specialising in construction materials production and road, civil, industrial and infrastructure building, BI’s turnover amounted to US$477.72 million (KZT 89 billion) in 2014, and is expected to total $681.7 million (KZT 127 billion) in 2015, confirmed by contracts worth $681.7 million). With

HeidelbergCement is reportedly acquiring a cement plant in Uttar Pradesh in India from India-based Jaiprakash Associates for about US$78.76 million (INR 5 billion). An industry source familiar with the issue is said to have told India-based English language newspaper The Financial Express that the German cement sector giant is currently in advanced talks with Jaiprakash Associates to acquire the 1 million tonne/year cement unit.

The insurgency in northeast Nigeria has cost Lafarge Africa around US$12.57 million (NGN 2.5 billion), according to chief executive Guillaume Roux. The company will also partner with the Presidential Initiative on the North East (PINE) for rebuilding the region and restoring normalcy. Roux has told national media that the recovery of the region is critical to the future of the company's US$ 100 billion business expansion drive. In the next five years, Lafarge hopes to double its capacity of 8.5 million tonn

JCB has won one of its biggest single orders ever after securing a deal worth over €69.9 million (£50 million) from one of the UK’s largest plant hire firms. The announcement that A-Plant is buying more than 1,550 JCB machines comes on the back of a €48.93 million (£35 million) order last year for more than 1,000 machines.

The deal also marks a major milestone for A-Plant as it now means the company has bought 10,000 machines from JCB since the first one was purchased more than 25 years ago. The latest

The European Aggregates Association (UEPG) in its Vision for the European Aggregates Industry has placed excellence in health and safety at the centre of its activities.
The objective is Zero Harm to all industry employees, contractors and sub-contractors and visitors by 2020, and to help achieve this all those in the industry have a part to play, including equipment manufacturers.
Many already incorporate high safety standards on equipment and this is constantly updated as new machines are introduced.

Terex Materials Processing, a business segment of Terex Corporation, has acquired assets related to the environmental technology product lines of Austrian firm Neuson Ecotec. The acquisition marks further expansion of the Terex Environmental Equipment (TEE) business unit, closely following the purchase of the assets of Continental Biomass Industries (CBI) in April. TEE, part of the Terex Materials Processing segment, has been serving the wood, biomass, and recycling industries since 2011 and has already del

Hope Construction Materials, Britain’s leading independent concrete producer has just completed the supply of almost 12,000m³ of ready-mixed concrete to a new Scottish wind farm being built by renewable energy specialists Community Windpower.

The concrete has provided the foundations for 19 new wind turbines at Aikengall II Community Wind Farm (East of Edinburgh) each of which will stand at 145 metres, among the tallest in the UK.

Hope’s Dunbar and Dalkieth ready-mix plants supplied the bespoke concre

LiuGong has staged the inauguration of its new Global Research and Development Center in Liuzhou, southern China. The inauguration emphasises the internationally renowned Chinese construction equipment manufacturer’s long-term commitment to product innovation and future technology. Yesterday's showpiece event was attended by LiuGong's top executive team along with leading domestic political and international construction equipment manufacturing industry figures including Xue Yiping, vice chairman of China

Volvo Construction Equipment is hosting a Construction Climate Challenge summit in Sweden next week, where leading industry representatives, academics and interested stakeholders will gather to discuss the challenges of achieving sustainable construction.
The Construction Climate Challenge (CCC) initiative promotes sustainability throughout the entire construction industry value chain and provides much-needed funding for environmental research.

The French group VM Matériaux has decided to change its name to Herige.

The new visual identity is to be put into place in the following weeks.

This decision was made in order to clearly distinguish between the group and its building material trading division, which will continue to use the name VM Matériaux.

The group also includes industrial joinery and concrete divisions.

Kenya's weak currency has caused local cement makers to suffer foreign exchange losses in the recent months.

For instance, National Cement Company incurred a KES 160 million (€1.45 million/US$1.64 million) foreign exchange loss due to importation of equipment and inputs in May 2015.

Clinker, coal and spare components were found to be items that really took a toll on local cement makers' importation costs in April and May 2015.

As such, cement producers expect that a price hike of about 10% on cemen

Lafarge Africa has completed and delivered 2,000 houses in Nigeria and it is planning to invest in more mass and low-cost housing projects in the country.

It is estimated that Nigeria has housing shortage of 17 million for middle and low income groups and Lafarge Africa intends to help the government reduce the deficit.

Lafarge Africa has partnered with the federal government to build houses in Ogun state for 1,000 villagers as well as affordable houses in Abuja.

The company also has signed an agr

HeidelbergCement is planning to increase its EBTIDA by 75% to more than €4 billion by 2020.

The company also wants to raise its turnover by one-third to €17 billion.

Acquisitions and share buy-backs are possible, too. As a result, HeidelbergCement is reducing the austerity measures implemented earlier.

In India, Zuari Cements is looking to widen its presence by expanding its footprint in the west and north.
By end-2015, the company intends to add 1 million tonnes to its existing 6 million-tonne capacity.
Zuari Cements is a subsidiary of the world's fifth biggest cement maker, Italcementi Group.