Cemex to sell Austria and Hungary operations to Rohrdorfer Group
Mexican cement giant Cemex is selling its operations in Austria and Hungary to the Rohrdorfer Group for around €160.1 million.
The Austrian operations consist of 24 aggregate quarries (approximately 6.47 million tonnes of aggregates sold in 2014) and 34 ready-mix plants (approximately 1.6 million m³ of ready-mixed sold in 2014). Cemex’s operations in Austria had net sales of approximately €216.4 million in 2014.
The Hungarian operations being divested consist of five aggregate quarries (approximately
100,000 bees make Hope UK quarries a hive of activity
One hundred thousand honey bees have been introduced at two county Derbyshire, England quarries and biodiversity in surrounding areas improved, to support the nationwide campaign to grow Britain’s bee population.
Hope Construction Materials, the UK’s leading independent supplier of concrete and cement, has introduced the bees across its two largest operations – Hope Cement Works, Hope Valley and Dowlow Quarry near Buxton.
In both locations, the three-mile radius that surrounds the quarry where the hiv
Pakistan: cement exports fall 7.4% in July 2015
The cement export volume of Pakistan in July 2015 fell year-on-year by 7.45% from 503,000tonnes to 465,000tonnes, while the domestic dispatch volume grew from 1.73 million tonnes to 1.8 million tonnes, and sales went up 4.19%.
The export volume fell mainly due to the influx of cement from Iran in Afghanistan and non-tariff barriers by India, said an All Pakistan Cement Manufacturers Association (APCMA) spokesperson.
Semen Padang aims to boost sale in second half of 2015
The marketing director of Semen Padang, Pudjo Suseno, is reported as saying that the cement company is aiming to supply to a number of state infrastructure projects to boost its sales in the second half of 2015.
It is also looking to increase exports up to 500,000tonnes to boost sales, and has secured sales of 170,000tonnes in the next few months.
According to Suseno, cement sales are usually 45-55% higher in the second half of the year, but during H1 2015, the company reported a year-on-year sales dr
Holcim inflates 28m high cement silo in Auckland, New Zealand
A new dome-shaped silo costingf NZD 50 million (€30.14 million/US$33.05 million) has been inflated on the waterfront of Auckland, New Zealand by Holcim New Zealand.
The silo, to store cement, is said to have been was set up without consulting the public, causing anger in various groups due to the increasing size of the port.
The 28m high silo is state-of-the-art and can store 30,000tonnes of cement, and is located opposite Vector Arena at a Ports of Auckland site.
Holcim is building two 30,000tonne
Semen Indonesia to halt 2015 expansion plans
In view of the slow domestic demand for cement, Semen Indonesia, Indonesia's biggest cement maker, will halt its expansion plans for 2015.
It will continue with projects that have already got off the starting block, but other projects could be delayed.
K-Holding wins tender for kerb setting in Moscow
K-Holding has won the rights to set granite kerbs in Moscow.
The first contract costs RUB 559.10 million (€8.01 million/US$8.78 million), the second RUB 389.30 million.
The Rador-M company also took part in the bidding.
Morocco: Saint-Gobain acquires mortar factory
Saint-Gobain Morocco has acquired a mortar factory in Dar Bouâzza in south-western Casablanca, following the purchase of a Spanish SME.
The 3,000m² factory is on a space of 10,000m². At the outset ten jobs will be created due to the group's automation strategy.
Cemex divests operations in Austria and Hungary
Cemex has signed an agreement for the sale of its operations in Austria and Hungary to the Rohrdorfer Group for approximately €160.1 million.
The Austrian operations consist of 24 aggregate quarries (approximately 6.47 million tonnes of aggregates sold in 2014) and 34 ready-mixed concrete plants (approximately 1.6 million m³ of ready-mixed concrete sold in 2014). Cemex’s operations in Austria had net sales of approximately US$241 million (€216.5 million) in 2014.
The Hungarian operations being diveste
Konecranes/Terex to merge to form global lifting and material handling solutions company
Finnish company Konecranes Terex Corporation have unanimously approved a definitive agreement to combine their businesses in a merger of equals.
The combined company, to be called Konecranes Terex, will be a leading global lifting and material handling solutions company with estimated combined 2014 revenues and EBITDA of €7.5 billion/US$10 billion and €636 million/$845 million respectively.
Under the agreement, Terex shareholders will receive 0.80 Konecranes shares for each existing Terex share with
Kenya’s Karsan Ramji & Sons to build cement plant
Karsan Ramji & Sons, a Kenyan quarry operator, plans to build a cement plant with average daily output of 700tonnes and costing KES 428mn (€3.81 million/US$4.18 million) at Engashura.
The company is hoping to start building the factory in December 2015 and begin production in November 2016.
Karsan Ramji & Sons will produce cement from the plant by mixing gypsum and pozzolana from its quarries with imported clinker.
Indocement slashes 2015 capex to IDR 3.5tn
Following a decline in cement sales, the second-biggest cement producer in Indonesia, Indocement Tunggal Prakarsa, has reduced its 2015 capital expenditure by 30% from IDR 5 trillion (€337.85 million/US$371.06 million) to IDR 3.5 trillion.
According to the Indonesia Cement Association, domestic sales of cement for the first half of 2015 dropped year-on-year by 4.3% to 27.7 million tonnes.
Within the same period, Indocement's cement sales fell 11.7% year-on-year from 9.4 million tonnes to 8.3 million t
Poland: bankrupt quarry firm KKSM attracts potential buyers
According to the bankruptcy administrator for the Polish quarrying company Kieleckie Kopalnie Surowcow Mineralnych (KKSM), a total of 11 offers were submitted to buy the company before the closing date of 31 July, 2015.
He would not reveal the identity of the interested parties, but said that more details would be made available in the second half of August.
The administrator has been allowed to sell the company with a free hand after two previous sales attempts failed.
The minimum sale price has b
Dangote to set up 16 cement plants in Africa
Nigeria-based Dangote is planning to set up 16 cement plants throughout Africa.
The plants will be responsible for producing at least 80 million tonnes of cement, with 50% being produced in Nigeria.
Aliko Dangote is the owner of Dangote Cement, and the hike in production comes as as the company expands outside its domestic market.
Lafarge Republic keeps Mindanao, Philippines, assets
Following the sale of its Star terminal at the Harbour Centre in Manila and Lafarge Republic Aggregates (LRAI) for almost PHP 3 billion (€59.95 million/US$65.84 million), cement, marble, and building materials manufacturer Lafarge Republic has chosen to keep its Mindanao assets in the Philippines.
The Star Terminal will be bought by cement and aggregates manufacturer Holcim Philippines for PHP 410 million, while Lafarge Republic's 60% interest in LRAI will be purchased for PHP 1.588 billion.
The offe
New and improved Perkins’ website goes live
Perkins has launched a new website giving visitors quick and easy access to the latest engine, parts and service information.
The company says that for ease of navigation the new website at www.perkins.com has been streamlined into four sections: products, parts and service, its network and company.
With more than 300 pages of new customer-focused content, the website is designed to adapt to the user’s screen size.
Chicago Pneumatic appoints new Danish distributor
Chicago Pneumatic has appointed Soroto Maskiner as its new authorised distributor in Denmark.
With almost 30 years’ experience in the construction industry, the company will support Chicago Pneumatic’s growth in the Danish market and will distribute the full Chicago Pneumatic range of compaction plates, petrol and diesel-powered generators and concrete equipment.
Founded in 1986, Soroto Maskiner is a leading manufacturer and supplier of mortar mixers and belt conveyor products, and operates a 14-stron
Latvia: Cemex loss, but investment high
Latvia's cement producer Cemex posted a turnover was €86.9 million for 2014, nearly unchanged year-on-year (2013: €87.08 million).
The company's net loss was €1.8 million which was due to the effect of the mandatory procurement component for electricity in Latvia, as well as interest and depreciation related to €290 million investment in the Broceni cement factory.
Cemex generated a €4.84 million profit in 2013, up from the suffered loss of €14.18 million in 2012.
Exports accounted for more than 70
Terex Finlay launch new C-1545 tracked mobile cone crusher
The new C-1545 cone crusher is the latest addition to the Terex Finlay range of tracked mobile cone crushers.
It joins the current range of Terex Finlay mobile cone crushers: C-1540, C-1550 and C-1550P.
“We have been extremely impressed with the results that were experienced throughout the 36-month testing period in some of the most challenging raw materials in Ireland, UK and Continental Europe and the intake of initial machine orders from our dealer partners,” says Terex Finlay.
“The machine was
Greece’s Titan Cement revenues increased in H1 2015
In the first half of 2015, Titan Cement of Greece registered a 19.9% rise in its revenues, to €672.8 million and a net profit of €24.2 million in comparison with €2.9 million in the corresponding period in 2014.
In the period April-June 2015, the company posted a 25.8% rise in its revenues, to €389 million; a 40.2% increase in its EBITDA to €82.1 million, and a net profit of €17.6 million from €13.9 million.