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July 26, 2024

Cummins celebrates 5 years of Stage V

Cummins has revealed that in the five years since Stage V was initially introduced in 2019, the company has produced over 115,000 Stage V engines for over 14,000 installations.

July 25, 2024

Cemex reports EBITDA rise & highest EBITDA margin in 8 years despite flat sales

Despite flat global sales, Cemex posted a 2% Q2 2024 increase in EBITDA to US$965mn, while the company's EBTIDA margin expanded to the highest level since 2016.

EBITDA margin was propelled by favourable price-to-cost dynamics, with prices rising mid-single digits amidst decelerating costs. Net sales of $4,494mn were flat compared to the second quarter of 2023, reflecting difficult weather conditions in key markets offset by pricing momentum.

July 24, 2024

Jon Prichard steps down as MPA chief executive

After nearly two years at the Mineral Products Association (MPA), chief executive Jon Prichard has announced he will step down for personal reasons. Jon will be leaving the organisation and moving on with immediate effect.

MPA CEO Jon Prichard. Pic: MPA
July 23, 2024

US: CRH acquires Ary Corporation

CRH has acquired Ary Corporation, a leading provider of building materials solutions headquartered in Canon City, Colorado.

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