Holcim successfully closes SES insulation and roofing business acquisition
Holcim has successfully completed the acquisition of SES Foam, the biggest independent spray foam insulation company in the US, with 2022 estimated net sales of $200 million. SES has a track record of double-digit growth, with advanced energy-efficiency and bio-based solutions for new and green retrofitting projects.
Minerals Matter introduces schoolchildren to Quarrying & Mineral Products industries
For the first time in its history, Hillhead - the largest UK exhibition for the quarrying, construction and recycling industries - welcomed a delegation of students from a local Derbyshire school to meet industry operators and learn what career opportunities exist across the sector.
VDMA: Construction equipment & building materials plant industry in difficult waters
Germany's VDMA says the European construction equipment and building materials plant industry is facing numerous crises, including intensified supply chain problems, which has left it on course for no turnover growth in 2022 despite healthy order books.
Solve IMI to represent Metso Outotec's pumps portfolio in Spain
Metso Outotec has appointed Solve IMI as the new local distributor for the Metso Outotec pumps portfolio in Spain.
Modernisations can bring new life to older equipment
An important aspect of any aggregates plant is to keep the producing assets running, as well as reducing unplanned downtime. It is also vital to meet the sustainability regulations and standards while still producing better quality materials. Improving capacity, process fit or extending the machine life by replacing obsolete components or equipment is an ideal way to optimise productivity. Retrofits or modernisations can also bring production gains to older assets.
UK builders' profits fall as economy falters, warns FMB
UK builders are feeling the pinch, seeing their profits tumble as economic pressures mount.
CEMEX maintains solid top-line growth in Q2
CEMEX has continued its solid top-line growth, with second-quarter sales growing 11% to US$4,080 million. Pricing was the main driver with cement, ready-mix and aggregates, increasing by 16%,12%, and 14%, respectively.
With a difficult second quarter 2021 comparison base, EBITDA decreased by 8% to $723 million, primarily due to higher energy costs and supply chain disruptions.
U.S. economy contracts in Q2, investment in structures falls again, says ABC
The U.S. economy contracted at a 0.9% annualised rate in the second quarter of 2022, according to an Associated Builders and Contractors (ABC) analysis of data by the Bureau of Economic Analysis.
Titan Cement Group posts strong revenue growth & improved profitability
Titan Cement Group achieved a notable 29% year-on-year increase in revenue to €580.9 million (€450.3mn Q2 2021) in the second quarter while also seeing a recovery in its profitability.
Crushing it in recycling
Companies are stepping up their recycling and sustainability efforts across a range of sectors including crushing & screening and off-road tyre retreading
ABC: Democrats’ reconciliation deal would plunge U.S. into recession
Associated Builders and Contractors today (ABC) released the following statement regarding the Senate Democrats’ reckless tax and spending spree:
Jess Kindler to leave Epiroc
Jess Kindler, President of Epiroc’s Parts & Services division and a member of the Group management team, has decided to leave the Swedish mining and quarrying drill rigs and breakers manufacturer for a position at a private company based in the United States.
HeidelbergCement achieves significant first-half year revenue growth & almost offsets high energy in second quarter
German building materials giant HeidelbergCement saw its revenue in the first half of 2022 increase by 11.3% to €9,950 million.
Eltrak signed as new Sandvik Mobiles' distributor for Bulgaria
Sandvik has signed an agreement with Eltrak to be its authorised distributor for the sales and full aftermarket support of its mobile crushing and screening equipment in Bulgaria.
Astec unveils new 8ft-wide PTSC2818VM portable high-frequency screen plant
Astec Industries’ Materials Solutions Group has designed and launched its newest portable high-frequency screen plant, the PTSC2818VM.
Strong first half for Breedon supported by resilient end markets
Breedon, a leading vertically integrated construction materials group in Great Britain and Ireland, has posted strong results for the first half of 2022.
Holcim posts record H1 results
Swiss building materials giant Holcim posted record first-half year results in H1 2022. Record net sales of CHF 14,681mn (€14,980mn) were up 16.9% year-on-year, with record recurring EBIT of CHF 2,173mn (€2,217mn) equating to a 9.6% rise.