Quarry Products

Aggregate Industries has expanded its offering to include cement.

Parent company LafargeHolcim has transferred two cement plants in County Staffordshire, England, and Northern Ireland to the business.

The move follows the sale of Lafarge's Tarmac business to Irish rival CRH as part of its merger with Holcim.

For its second quarter (Q2) of 2015, Suez Cement's net profit declined 57.26% year-on-year to EGP 60.9 million (€7.18 million/US$ 7.77 million) from EGP 142.5 million.

During the quarter under review, the company's revenue fell 15% when compared to Q2 of the previous year.

Suez Cement's Q2 performance was attributed to the company's process of diversifying its energy sources to reduce shortages that affected the company's profits negatively.

Work at eight limestone mines in Vietnam's northern province of Ha Nam for the Thanh Thang Cement Project received the approval of Prime Minister Nguyen Tan Dung.

The project has a capacity of producing 2.3 million tonnes/year.

The eight mines are in various communes in Thanh Liem District, with areas ranging between 46.6hectares and 151.3hectares, and their operationwill start in 2018.

Aboitiz Equity Ventures says it will invest US$531 million in the cement business after formalising a deal with Irish cement maker CRH to buy the Philippine assets of Lafarge, reports Reuters.

The announcement came around two months after cement companies Holcim and Lafarge, which have agreed to merge, said CRH would buy some of their assets for $7.12 billion.

In May, Aboitiz said it was looking to partner with CRH to buy Lafarge's assets in the Philippines as the local power-to-banking conglomerate s

The Eurocement Group has signed an agreement with KamAZ for the purchase of about 300 LNG-powered dump trucks and 400 LNG-powered tractor units within the next three years. Experts say that the deal could have amounted to about RUB 2 billion (€32.44 million/US$ 35.13 million).