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ARM Cement of Kenya is planning to raise up to US$105 million (€97.50 million) by selling five-year bonds to private investors, and it will use proceeds to repay short-term debts.

The bond will have fixed and floating rates and issued in both US dollar and Kenya Shillings.

The company will not list the bonds on Nairobi Securities Exchange and it will initially target to raise US$90 million and raise another US$15 million if the bonds were oversubscribed.

ARM Cement registered a net loss of KES 469

The Turkey-based consortium Dal Engineering Group and the Almalyk Mining and Metallurgical Company (MMC) has signed an agreement on construction of a cement plant in the Surxondaryo region.

According to preliminary information, its capacity will total up to 1.5 million tonnes of Portland cement/year.

The investments are estimated at some US$225 million (€208.94 million). Of that amount, about $90 million will be provided by the Uzbekistan Fund of Reconstruction and Development and US$24.4 million by t

The Ukraine-based companies Malo-Kokhnovsky Karier and Bekhovsky Granitny Karier have been licensed for crushed stone imports in Russia and have resumed their deliveries.

A total of 12,700tonnes was supplied as of mid-November. The Belgorod region (the Central FD) accounted for 93.4% and Moscow for 6.6% of the supplies.

The Crimean government has recommended geologists to activate the crushed stone prospecting works on the territory of the republic.

According to head of the republican Ministry of Ecology Gennady Narayev, crushed stone that is now being mined is unsuitable for use in the full cycle of road construction.

Titan Cement of Greece has seen its revenues rise 18.9% to €1.03 billion from January to September, 2015, as compared to the same period in 2014.

Meanwhile, Titan also posted a 12.6% rise in its EBITDA, to €165.2 million, and a net profit of €36.2 million, from €30.5 million profit the previous year.

Nigeria-based Dangote Cement has launched its largest promotion in Nigeria.

The cement producers will give NGN 300 million (€1.4 million/US$1.51 million) cash to its customers in the latest promotion.

For 90 days, 180 lucky winners will win two prizes of NGN 1 million every day, and one lucky winner will win NGN 30 million every month.

Customers will need to purchase one bag of cement to be part of the promotion. They will be required to cut out the token at the top right of the bag.

The cust

The winner has excelled in each of the key areas in which the MPA judges awarding the John Crabbe Trophy" comments from the judges of the 2015 Mineral Products Association (MPA) Health & Safety Awards.

CEMEX UK was the winner of the prestigious John Crabbe Trophy at the 2015 Mineral Products Association (MPA) Health & Safety Awards.

The trophy was presented to CEMEX UK country president, Jesus Gonzalez and health & safety director, Andrew Taylor at the annual MPA conference and awards held in London

The Ibeto Cement Company has signed a contract worth US$386 million with Sinoma International Engineering for a major cement project in Nigeria.

Sinoma, China National Materials Company’s Shanghai-listed subsidiary, is a wholly-owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute and is contracted for a 6,000tonnes/day clinker line and 45MW self-generation power plant.

The company says in a corporate notice that the cement plant will be located at Enugu State, south-eastern part

Buzzi Unicem, the Italian building materials manufacturer, posted a 5.2% year-on-year increase in its revenues to almost €2 billion (US$2.15 billion) in the first nine months of 2015.

Net profit reached €120.3 million from €55.4 million, while sales of clinker and cement rose 1.3% to €19.2 million, performing particularly well in Czech Republic, Poland, US and Russia.

At the same time, sales of packaged concrete dropped 2.3% to 8.9 million m³.

For 2015, the company expects to post an EBITDA of abou

Aggregates markets in Great Britain are forecast to get back to the levels seen in 2007 by 2020. Currently, demand is nearly 20% lower than ten years ago.
These are some of the conclusions of a new BDS report on the aggregates industry entitled ‘The Primary Aggregates Producing Industry in Great Britain – Its Structure, Markets and Prospects.
Author of the report, Andy Sales says: “The aggregates industry can expect encouraging market growth for the next few years. Yet by 2020, this will only bring the i

BHS-Sonthofen has set up the joint venture BHS-Sonthofen (Aust) in Australia.

The newly-established company employs a service team of specialists who have been familiar with BHS machines for many years, and it is equipped with several test machines and a spare parts warehouse.

The company says the demand for mixing, crushing, and recycling machines from BHS-Sonthofen in Australia is continuously increasing.

BHS mixers in Australia, for example, have been instrumental in backfilling mines for many y

The national infrastructure development is believed to have boosted cement sales in Indonesia since August 2015.

Out of the overall bulk cement sale, some 50% is for national infrastructure development, according to Semen Indonesia's managing director Suparn, who also believes that until the end of 2015 the cement sale increase is set to be between 2% and 3% year-on-year.

A 17.8% hike has been seen in the national cement consumption starting in August 2015, and additionally, the demand for both Septem

Jordan-listed Northern Cement Company has registered a 24.15% drop in its profits in the January to June 2015 period to JOD 7.42 million (€9.74 million/US$10.48 million).

The cement company has recorded a 22.7% decline in its profit in the January to September 2015 period from JOD 14.1 million in the same period in 2014, to JOD 10.9 million.

Lafarge has invested €600,000 (US$646,128.59) replacing the hoop of its furnace at its cement factory in Bouc Bel Air, southern France.

The hoop, which weighs on average 70tonnes, is a central mechanical part of the oven, allowing the cooking of material coming from the quarry.

It is changed on average every 60 years. The work was carried out by Cofely Endel of the GDF Suez group, and required around 30 employees and the furnace to be shut down for three weeks.

The Bouc Bel Air factory has a produc

Following the merger between their respective parent organisations, cement manufacturers Holcim Vietnam and Lafarge Vietnam have merged, with the transaction set to complete in 2015.

The arrangement will help LafargeHolcim to optimise the production with respect to oversupply- a challenge currently encountered by many local cement producers.

Lafarge Vietnam accounts for 12% market share in Vietnam, while Holcim Vietnam accounts for 26% share, with their main products being concrete, cement and aggreg

There's been a buzz around Mone Brothers' Blackhill Quarry site in Bramhope, County West Yorkshire, northern England, in recent months with over 75,000 workers delivering the sweet taste of honey.

The worker bees, based in three hives on the quarry site, have managed to produce twelve 370g jars which were sold on a first-come, first-served basis. Bees wax and candles are also available.

“This really is the bees-knees in what is Mone Brothers golden anniversary year. It's proof that there are many bene

Aggregate Industries’ Colemans Quarry site has become the first asphalt plant in the UK , and the second in the world, to make the switch to liquefied natural gas (LNG), cutting both costs and carbon emissions with the help of Calor.

Based in County Somerset, south-west England, the plant has been supplying the construction industry with building material for more than 60 years. It uses large quantities of gas to heat and dry the 250,000tonnes of asphalt produced each year, and as the site is active 24/7

Hitachi Construction Machinery (Europe) (HCME) has appointed new dealers for the Czech Republic and Slovakia.

NET is to be the exclusive distributor of its construction equipment in the Czech Republic, while EURO stroj Slovaki, based in Bratislava, will cover that country.

The agreement applies to mini, medium and large Zaxis excavators; rigid dump trucks, and ZW wheeled loaders. It also covers special application machines, light compaction equipment and Hitachi Sumitomo crawler cranes.

LiuGong held its 12th Global Dealer Conference in Nanning when the theme was Rise to Challenge and Embrace the Future.

Approximately 300 representatives, comprising of LiuGong dealers from more than 50 countries and over 100 guests including key customers and government officials, attended.

LiuGong chairman Zeng Guang’an; president Yu Chuanfeng and a leadership contingent will also be in attendance. Throughout the two-day meeting, the company and its global dealers reviewed the performance from the pa

Caterpillar warns it does not expect Chinese demand for excavators to recover to the peaks of 2010-12, reports the UK’s Financial Times newspaper.

Tom Pellette, group president for construction industry equipment, made the remarks as the Chinese economy recorded its slowest growth rate since 2009 in the third quarter, due to declining construction and factory activity, which many economists do not believe has bottomed out yet.

The forecasts also highlight Beijing’s efforts to rebalance the economy awa