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May 19, 2020

Compact wheeled loader market to grow

A new report highlights how the market for compact wheeled loaders could grow to be worth US$6bn in 2030, once the current COVID-19 pandemic has passed.

The Future Market Insights (FMI) report notes that while manufacturing downtime due to the coronavirus is hindering sales, the fact that compact wheeled loaders are versatile and already used in several industries, including quarrying, to load materials from one place to another makes them an increasingly attractive machine for fleet operators.

May 19, 2020

Ritchie Bros. eases cash flow for equipment owners

Heavy off-highway equipment auctioneer Ritchie Bros. has highlighted its support for equipment owners through the COVID-19 crisis with flexible disposition options to improve their cash flow, including advance payment options and purchasing seller assets outright.

May 19, 2020

JCB project delivers food to 100 villagers

A food project that supports the elderly, sick and young families during the current lockdown has delivered more than 400 meals and sandwiches to the homes of 100 people in the English village of Rocester.

May 18, 2020

Outsourcing machine ownership "a must" to achieve the circular economy

Outsourcing machine ownership to original equipment manufacturers (OEMs), dealers or rental fleet owners needs to become more commonplace, according to Nele Van Campfort, Volvo Construction Equipment's business development manager for services.

In an article published this week on our sister site AggBusiness.com, Van Campfort says that the shift to a greener and more circular use of construction equipment must involve a move from machine ownership to machine access – the value of using a machine, rather than owning it.

May 18, 2020

CNH Industrial revenue falls by 15%

CNH Industrial posted consolidated revenues of US$5.5bn in the first quarter of 2020, down 15% compared to Q1 2019.

The multinational, whose brands include construction equipment companies Case and New Holland, made a net loss of US$54m (or US$0.05 loss per share) in Q1 2020 compared to net income of US$264m (US$0.19 per share) in Q1 last year.

CNH made an adjusted net loss of US$66m in Q1 compared to adjusted net income of US$248m in Q1 2019.

May 18, 2020

A comprehensive SBM approach to the whole aggregates Shibang

Already China’s biggest aggregates crushing, screening and washing plant manufacturer, Shibang Industry & Technology Group (SBM) is wasting no time in executing its ambitious domestic and export growth strategy. Guy Woodford visited the company’s headquarters and spoke to Libo Fang, SBM executive vice president, to learn more

Libo Fang, SBM executive vice president
May 15, 2020

Grupo Cementos de Chihuahua opts for wind energy in South Dakota

Grupo Cementos de Chihuahua (GCC) has partnered with Black Hills Energy to use wind energy at its cement plant in Rapid City, South Dakota, from next year.

GCC says converting wind energy will reduce its carbon dioxide emissions to around 50,000 metric tonnes annually.

Ron Henley, GCC's US division president, says: “By choosing low-cost renewable energy resources to power our business, we’re able to advance our business goals and sustainability objectives while also supporting the expansion of affordable, renewable energy development in the region.”

May 15, 2020

Terex Materials Processing suffers 23% sales drop in Q1

The Terex Materials Processing (Terex MP) crushing and screening equipment business has reported net sales of US$315.6m (€284.15m), down 23.1% versus Q1 2019 driven by challenging global markets.

Northern Ireland-based Terex MP said that it had delivered "strong" operating margin of 8.1% in a challenging market. Global Terex MP backlog totalled US$272m (€244.86m) and bookings in the quarter were US$262m (€235.81m).

May 15, 2020

Worker dies clearing obstruction in a sand and gravel bin

A worker has died after being engulfed by material from a dredged sand and gravel bin, says the US Mine Safety and Health Administration (MSHA).

The MSHA says the worker entered the bin through a lower access hatch to clear an obstruction with a bar before the material inside fell on him.

This is the seventh fatality reported in 2020, and the second classified as a “handling material” death, the administration adds.

MSHA has issued some best practice reminder guidelines as a result:

May 14, 2020

Terex MPS plant aids limestone production for JSW Cement

Dubai, UAE-based mining, crushing and logistics operator Minerals Technocom Contractor FZE has recently installed and commissioned a Terex MPS 1,200 tonnes per hour plant in Ras Al Khaimah to support the production of steel-grade limestone for JSW Cement FZE.

JSW Cement FZE
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