News

Caterpillar has announced significant restructuring and cost reduction actions that are expected to lower the US construction equipment manufacturing giant’s operating costs by around $1.5 billion annually. The cost reduction steps, including the loss of thousands of jobs, will begin in late 2015 and are said to reflect recent, current and expected market conditions.

Caterpillar has been hit particularly hard by the drop mining activity and the drop in the oil price. It's underground and surface mining

According to Ciment Catala, cement consumption in Catalonia, Spain, fell 2.9% during August 2015, following ten months of growth.

Figures for the first eight months of the year, however, show a 9.1% growth.

Cement production dropped 6.5% to just over 1.5 million tonnes.

Cement maker Lafarge Cement Tanzania is providing clean water to the Songwe Village close to its Mbeya plant by participating in a water project.

Lafarge has invested over TZS 10 million (€4,124.05/US$4,614.67) in the project, which includes a water storage tank and equipment to provide drinking water to more than 200 households.

The direct-drive I-140 Horizontal Impact Crusher was among a number of new crushing and screening solutions being showcased by Terex Finlay at a recent Customer Day in Doncaster, northern England.

Despite political uncertainties in the Democratic Republic of Congo and economic challenges in Zambia, cement maker Lafarge Zambia was able to record post-tax profit of US$36,017 (€32,187.71) in the first half of 2015, up 4% year-on-year.

According to Lafarge Zambia, cement production in 2015 was adversely impacted by electricity supply disruptions.

The company expects the domestic demand to continue to slow down in the second half of 2015 until Eurobond proceeds are directed towards construction an

Net profit of Indonesia's Semen Baturaja (SMBR) stood at IDR 224.70 billion (€13.82 million/US$15.67 million) during January-August 2015, a climb of 27% from the corresponding period of 2014.

The main market of SMBR is Bengkulu, Jambi, Lampung and South Sumatra.

In the cited period, the demand for cement in South Sumatra expanded 4% year-on-year.

Mozambique's cement company Cimentos de Mocambique is set to produce 700,000tonnes in 2015 and should invest some US$250 million (€220.49 million) in a new unit in Nacala, province of Nampula and which will have an output capacity of 1.5 million tonnes/year.

The company has recently invested US$10 million in a new filtering system at the group's plant based in Matola, near the capital city of Maputo.

The company invested US$10 million (€8.82 million) in the equipment with an aim at reducing air pollu

Cemtech will start construction work for a KES 12 billion (€100.60 million/US$114.07 million) cement processing plant in West Pokot County in Kenya in early 2016.

The plant will process around 1.2 million tonnes of cement/year, upon completion, according to Diptish Nandha, general manager of Cemtech. Cemtech is a unit of India-based Sanghi Group.

Exports of US-made construction equipment fell 17% for the first half of 2015 compared to the first half of 2014, with US$7.4 billion of products shipped to global markets.

All world regions experienced declines, with Africa’s the steepest, according to the Association of Equipment Manufacturers (AEM). The AEM equipment manufacturing trade group cited U.S. Department of Commerce data it uses in global market reports for members.

Exports to Canada dropped 12% to $3.1 billion; to South America by 23% t

The Wirtgen Group says it is to invest some €150 million in its mineral technologies unit in 2016-2017, including a new site for Benninghoven and expansion for Kleemann.

This was revealed at a press conference at the Wirtgen Mineral Technology Days 2015, the group’s eighth international industry get-together in which were hosted by Benninghoven.

More than 2,100 trade visitors from over 70 countries were treated to a demonstration of “practically oriented and pioneering solutions from the Wirtgen Group

Thousands of visitors were expected again today for the last day of bauma Conexpo Africa 2015.

The international trade fair for construction machinery, building material machines, mining machines and construction vehicles has been staged at the Johannesburg Expo Centre in Johannesburg, South Africa during what is a tough time for the African continent’s quarrying, mining and construction sectors.

Grundon Sand & Gravel marked the start of operations at its new Faringdon Quarry in County Oxfordshire, England, with an event for local builders, landscapers and other trades people.

The open day was designed to show off the extensive range of aggregate and landscaping materials available, as well as to publicise the quarry’s new access road.

The site is next door to the now exhausted Wicklesham Quarry, which has been an active quarry since the 1950s, with Grundon occupying the site since the mid-198