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Holcim has signed a binding agreement to sell its India business to the Adani Group for CHF 6.4 billion (€6.13bn). The deal includes Holcim's 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC and its 4.48% direct stake in ACC.

Hanson UK and Shell have signed a Memorandum of Understanding (MoU) to work together to explore opportunities that help facilitate the construction industry’s transition to net zero emissions.

Epiroc has launched a new upgrade for its SmartROC T35 and T40 tophammer surface drill rigs.

Associated Builders and Contractors (ABC) says its Construction Backlog Indicator increased to 8.8 months in April, according to an ABC member survey conducted from April 20 to May 4. The reading is up 0.9 months from April 2021.

Danfoss Power Solutions and RISE Robotics have signed a collaboration agreement to jointly validate and test a key innovation that has the potential to transform the heavy machinery market through electrification.

Building materials giant HeidelbergCement says that its first quarter revenue rose significantly by 11.8% in comparison with the previous year to €4,427m (previous year: €3,958m) amid difficult market conditions.

The company said the Q1 results were impacted by a marked increase in the costs of energy and transport burdens on its current operations.

Holcim has entered an agreement to acquire Izolbet, one of the leading players in the specialty building solutions market in Poland. Izobet has delivered double-digit growth in sales and EBITDA over the last three years.

Tarmac is helping moviemakers and film producers achieve stunning backdrops for their blockbusters with a new online guide to the company’s many and varied quarries and sites that could make the perfect film set.

Despite an impressive performance in the first quarter of the year, the UK’s construction industry is facing severe headwinds that will impact on growth in the coming quarters, says GlobalData, a leading data and analytics company.

Titan Cement International says it made a solid start to the year with group revenue at €454.6m in the first quarter, up by 22.6% driven by strong pricing across products and countries and resilient demand.

CEMEX says CEMEX Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean.

After a healthy first quarter of 2022 for UK producers of mineral products, the outlook for the rest of the year will be influenced by rising costs, lower growth prospects and international uncertainties, according to Mineral Products Association (MPA).

UK-based Aggregate Industries has brought together its readymix concrete offering in Manchester with the Stalybridge Readymix business which it acquired in 2020 to operate under the brand SRM.

Wacker Neuson Group says it has made a positive start to 2022, with first quarter revenue up by over 20% on the previous year, and double-digit growth across all its regions.

As part of its corporate commitment to embracing circular economy principles and reducing waste across its operations, Tarmac has signed a charter produced by The Pallet LOOP – an innovative scheme to minimise the consumption of single-use pallets in the construction industry.

Norwegian aggregates producer Veidekke Industri replaced the old aggregates plant with portable NW Rapid™ crushing and screening equipment to boost production and simplify relocations.

HeidelbergCement has bought a strategic minority stake in concrete technology company Giatec Scientific.

CEMEX has reopened its second line at the San Pedro Macoris plant, its main cement operation in the Dominican Republic.

The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 235,000 jobs, an increase of 3.2%.

Giovanni Bartoli is Keestrack's new sales manager for Africa & the Middle East.