News

For the third consecutive year, Cemex has been recognised in the CDP Latin America Climate Disclosure Leadership Index (CDLI) as one of the top eight companies in data disclosure related to environmental and CO2 emissions performance. CDP, formerly Carbon Disclosure Project, is an international, not-for-profit organisation providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. The CDP has as its main objective to promote transparency

The results from an independent audit undertaken across the membership of the Cement Sustainability Initiative (CSI) of the World Business Council for Sustainable Development (WBCSD), are said to demonstrate that leading cement companies are improving their sustainability through the CSI collaborative approach. Seventeen member companies were audited against their commitments and responsibilities set out in the Charter of the CSI, a global effort by 24 major cement producers with operations in more than 100

CNH Industrial has released its 2014 annual report on Form 20-F prepared in accordance with US GAAP (Generally Accepted Accounting Principles), and the release of the 2014 EU annual report, including the consolidated financial statements prepared in accordance with IFRS (International Financial Reporting Standards) and the statutory financial statements of CNH Industrial. The company also published the agenda of the annual meeting, which will take place in Amsterdam, the Netherlands, on 15April 15, 2015. Th

EPC-UK, one of the UK’s leading experts in commercial explosives and blasting services, has procured the drilling and blasting business of Gillrange AN. The acquisition will see EPC-UK take on certain assets and contracts, mainly in Mid and South Wales. This it believes will complement itsexisting rock on the ground service to quarries in the region. EPC-UK was already supplying many of Gillrange AN’s quarries with explosives, and therefore has an excellent understanding of its new customer base. By taking

Volvo Penta has announced a new partnership with McCloskey International, one of the world’s leading independent crushing and screening companies. McCloskey will install Volvo Penta D8, D11 and D13 engines in their range of mobile jaw, cone and impactor crushers and the Volvo Penta D5 engine will be installed in mobile screeners and trommels. The announcement comes as the first McCloskey crusher with a Volvo Penta engine makes its debut at three industry shows. The high-capacity J45 heavy-duty jaw crusher w

The UK’s largest independent aggregates firm nearly doubled its profits in 2014 due to growing demand from construction companies and through acquisitions. Breedon Aggregates has revealed that its pre-tax profits rose 94% to €29.26 million (£21.4 million) in the 12 months to December 31 2014. Total turnover for the ambitious quarrying, asphalt and ready mixed concrete business was up a fifth to almost €370.97 million (£270 million). During 2014, it quarried 7.7 million tonnes of limestone, granite, basalt,

Case has extended its SiteWatch offering with Iridium satellite connectivity to provide its telematics services in areas without cellular network coverage. The new satellite service is offered as an additional option on the existing SiteWatch packages, enabling Case machines to transmit data from every corner of the globe even when normal cellular connectivity is totally absent. The new service is said by the Italian firm to be testament to its continuous search for solutions that help customers run their c

Doosan Construction Equipment has opened a new Parts Distribution Centre (PDC) for Bobcat and Doosan Portable Power products in Dubai in the United Arab Emirates.

The new PDC is a collaboration with Agility, a leading global logistics provider, which is hosting and managing the new facility at the Jebel Ali Free Zone in Dubai. The new Dubai PDC will provide parts support for dealers and customers of Bobcat and Doosan Portable Power products in the Middle East and Africa (MEA) region. In combination with

The Indian cement industry's production capacity to grow by 25 million tonnes/year in 2014/2015 fiscal year, 23 million tonnes/year in 2015/2016, and 8 million tonnes/year in 2016/2017, according to ICRA, a national independent credit rating agency. ICRA expects cement producers in India's eastern region to raise capacity by 20 million tonnes/year from 2014/2015 to 2016/2017, compared to 13.4 and 7.9 million tonnes/year respectively in the northern and southern region. ICRA reported that cement output grew

Holcim Maroc, the Moroccan subsidiary of Swiss cement group Holcim, posted a 33.02% net profit rise in 2014 to US$6.26 million (DZD 595.1 million). The performance is said to be slightly higher than forecasts, given a new slowdown in the north African nation’s construction sector. The improved net profit is said by Holcim Maroc to be due to an increased effort in the firm’s cost management and an improvement in operating performance. Operating income also rose 15.88% to $9.68 million (DZD 924.9 million).

Cement sales in Pakistan in February 2015 are expected to see a year-on-year increase of 2.6% to 2.8 million tonnes, according to Topline Securities data. Over the July 2014-February 2015 period, cement sales are expected to stand at approximately 23 million tonnes – up 6% year-on-year. Local dispatches for the same period are expected to expand 9.4% to 17.8 million tonnes. Exports, on the other hand, are expected to see a decline of 5.5% during the eight month period under review to 5 million tonnes. This

French cement giant Lafarge has signed an agreement to acquire SOCAM Development Limited’s 45% stake in Lafarge Shui On Cement for €294 million (HK$2,553 million), subject to the completion of its merger with Holcim. With a total cement production capacity of 32 million tonnes in Southwest China, in the provinces of
Yunnan, Sichuan, Guizhou and Chongqing, Lafarge Shui On Cement is now set to become a wholly-
owned subsidiary of LafargeHolcim following completion of the merger project and this purchase. Th

Spanish cement producer Cementos Portland has appointed Gerrado Kuri Kaufmann as the firm’s new CEO. Replacing Jose Luis Saenz de Miera, Kaufmann is the managing director of Inmuebles Carso, one of Mexican tycoon Carlos Slim's investments vehicle. He was recently appointed as a nominee member of Spanish construction firm FCC, Cementos Portland's parent company. Other Cementos Portland board changes include the departure of second vice-president and second largest shareholder of FCC Esther Koplowitz, Rafael

Metso has appointed McHale Plant Sales as exclusive agent in the Republic of Ireland and Northern Ireland for its mobile rock crushing and screening product lines. Under the new arrangement with McHale, the Irish company begins selling Metso products with immediate effect with primary focus on the Lokotrack mobile crushing and screening plants, equipment that McHale believes will have significant appeal for Irish customers. The appointment sees McHale Plant Sales return to the crushing and screening market