News

Douglas D. R. Palmore, senior vice president of customer and technical services at Luck Companies, is the 2017 recipient of the Barry K. Wendt Memorial Commitment Award from the U.S.-based National Stone, Sand & Gravel Association (NSSGA).

The highly prestigious Barry K. Wendt Memorial Commitment Award, which is named for a long-time industry leader and advocate, recognises an individual who exhibits exceptional, ongoing commitment to both the aggregate industry and the community in which the recipient l

Titan Group recorded a significant improvement in profitability in 2016, thanks to the continuing growth of the US market and the recovery of results in Egypt.

Consolidated turnover reached €1.509 billion, posting an 8% increase compared to 2015. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 28.7%, reaching €278.6 million. Net profit after minority interests and the provision for taxes, stood at €127.4 million, compared to €33.8 million in 2015. 2016 results include

HeidelbergCement has priced a Eurobond issue under its €10 billion EMTN programme with an issuance volume of €1 billion and a maturity date of 7 April 2026. The proceeds of the transaction will be used for general corporate purposes and the refinancing of upcoming maturities.

The nine-year bond bears a fixed coupon of 1.625% p.a. The issue price is at 99.626%, resulting in a yield to maturity of 1.67%. Joint Bookrunners of the transaction are Citi, Deutsche Bank, Helaba, RBI and SEB.

HeidelbergCement

Kobelco Construction Machinery (Europe) (KCME) has appointed KOTECH as its dealer in Slovenia and its adjacent territories.

KOTECH specialises in the sale and service of compact and heavy crawler excavators and is a key player in Slovenia’s earthmoving, demolition, quarrying and forestry industries. The dealer offers a full service experience including rental, repair and maintenance of excavators, and prides itself on its fast service and response time, and valued customer support via replacement parts.

Metso (India) and CDE Asia have agreed on marketing cooperation in order to provide comprehensive manufactured sand solutions to customers in India. Metso's scope covers the crushing and screening technology, and CDE Asia will provide the wet classification equipment required in the manufactured sand production process.

The agreement is in line with Metso's strategy to strengthen its capabilities by extending its portfolio in cooperation with strong partners around the world, CDE in this case, and offer

LafargeHolcim and employee representatives in Europe have renewed their commitment to social dialogue by establishing the new European Works Council (EWC). The EWC will bring together representatives from some 19 countries with senior leaders from LafargeHolcim and constitutes an important forum for consultation and dialogue at a transnational level.

The EWC was officially established today based on an agreement signed by Eric Olsen, CEO of LafargeHolcim and Executive Committee members Caroline Luscombe,

The Association of Equipment Manufacturers (AEM) has elected Brad Boehler, president of Skyjack Inc., to the AEM CE Sector Board to serve as a new director.

“At AEM, we benefit from the support of our member companies and the leadership talents of our Board members, who are selected to reflect an industry cross-section,” said AEM president Dennis Slater. “Their dedication helps ensure Association programs continue to meet member and industry needs, and we welcome Brad’s knowledge and participation.”

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University of Derby students yesterday (27/3) embarked on a five-day UK study tour with the Institute of Quarrying (IQ), visiting a number of different mineral extraction and processing sites across England’s West Country as part of their studies.

The 23 students, all studying on Mineral Products courses at the university, will travel to a number of different sites across the region, each focusing on a different aspect of mineral extraction. Highlights of the tour include two of the largest limestone q

Terex Finlay has appointed MediMat as its dealer for a key French sales region. Based in Juvignac, near Montpellier, MediMat will be responsible for all Terex Finlay sales and aftermarket support across South East France.

MediMat has five Service Centres located around the region, in Perpignan, Nimes, Toulouse, Albi and Montpellier. Each will provide customers with a range of sales and rental purchase options for new and used Terex Finlay tracked mobile crushing and screening products. The Service Centr

McCloskey Washing Systems (MWS) has appointed central England-based company Max Innovate as the official distributor of its washing equipment in the UK. Max Innovate will also be an authorised service provider for MWS products, as the brand continues its major expansion worldwide.

The MWS-Max Innovate partnership announcement was made following the CONEXPO-CON/AGG 2017 construction and quarrying equipment showpiece event in Las Vegas, USA last week. During the exhibition, MWS officially launched the San

Generator manufacturer JCB Power Products has won its biggest export order of the year with a multi-million pound deal in the Middle East.

Dubai-based Rental Solutions & Services (RSS) has bought more than 300 JCB generators in a deal worth £9 million. The order is the biggest yet for JCB’s newly-launched range of RS generators specifically designed and manufactured in the UK for the global rental sector.

The first five units have already been pressed into service in Oman supported by JCB dealer Mus

Almost 60 SDLG machines sold to the Shibh Al-Jazira Contracting Company last year are now working on 20 road maintenance projects across seven areas of Saudi Arabia. A total of 58 SDLG machines are involved in the multiple works being funded by the Saudi Arabian Ministry of Transport and carried out by the Shibh Al-Jazira Contracting Company (SAJCO). SAJCO took delivery of the machines, made up of 30 SDLG LG958L wheeled loaders and 28 SDLG G9220 motor graders, in 2016. They were supplied by SDLG national de