News

Mexican building materials giant CEMEX has seen a near tenfold year-on-year increase in net income in Q1 2017. The global industry heavyweight’s net income improved to US$336 million, compared to a net income of $35 million in the same three-month period last year. On a like-for-like basis, CEMEX’s consolidated net sales increased by 6% during the first quarter of 2017, to $3.1 billion. This was said by the company to be due to higher product prices in most of its operations, as well as higher volumes in Me

Breedon Group’s southern division has acquired Pro Mini Mix, a ‘mini mix’ concrete operator based in Oldbury in the Black Country and covering the West Midlands of England. Pro Mini Mix operates a fleet of eight mixer trucks and specialises in delivering small loads of ready-mixed concrete and screeds, up to 4m³, to commercial and domestic customers. Breedon Southern already operates a successful mini mix business, 1stMix, which has a strong presence throughout the East Midlands and East Anglia. Pro Mini M

Marangoni Retreading Systems has established a new warehouse and head office in Istanbul, Turkey in a major move aimed at expanding the Italian firm’s worldwide market share. Established by Marangoni Kauçuk, Marangoni Retreading Systems’ Turkish subsidiary, the new warehouse and head office aims to take advantage of Istanbul’s strategic importance to the tyre retreading industry. The move places Marangoni nearer its own dealer network in the country, and will also have significant logistical advantages and

The Mineral Products Association (MPA) has welcomed the Department for Business Energy and Industrial Strategy (BEIS) 2nd Extractive Industries Transparency Initiative (EITI) report for 2015, detailing payments to UK Government agencies and data from oil, gas, mining and quarrying companies. Launched in Aberdeen, North East Scotland on 31 March 2017 by BEIS Minister Margot James MP, the report, which aims to increase transparency across the sector, includes information from 18 mining and quarrying companie

McCloskey International is set to open a new manufacturing centre of excellence in Dungannon, Northern Ireland.
The company says the new site will deliver increased assembly and production space for the crushers, screeners and stackers, as well as the new washing systems range. The new 11,150m² building and site represent a £7 million (€8.25 million) investment into the business, and McCloskey says this is expected to deliver 50% increase in production over the next three years. The site will also house th

CRH has issued a trading update for the period 1 January, 2017, to 31 March, 2017, in advance of its annual general meeting which takes place tomorrow (Thursday). The group says it had a satisfactory start to 2017 with first quarter sales up 4% compared with a strong first quarter of 2016 which benefited from very mild weather conditions across all our major markets. Group EBITDA for the seasonally less significant first half of the year is expected to be ahead of last year (H1 2016: €1.12 billion), and bas