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At a meeting in Casablanca, Morocco, Italian cement company Italcementi Group announced that its upcoming developments in Africa would be implemented by its subsidiary Ciments du Maroc.

The latter will create a joint venture to manage the new business with its main shareholders and partners, Caisse de dépôt et de gestion (CDG) and Caisse interprofessionnelle marocaine de retraites (CIMR).

CEO of Moroccan property developer Addoha, Anas Sefrioui is reported as having denied rumours that he is in any way standing down from his position.

He pointed out that his company is the only one which manages to produce 25,000 homes per year.

The group wants to reduce its gearing ratio from 80% to 33%, reducing its debt which stood at MAD 9.32bn (€873.94 million/US$930.50 million) at the end of 2014.

Saudi Arabia's cement company, Saudi Cement has garnered SAR 303 million (€76.41 million US$80.79 million) in net profits in the January-March 2015 quarter, representing a year-on-year increase of 5.9% from SAR 286 million registered in the preceding year.

The increase in profitability is attributed to the higher earnings generated from export sales.

Oman's cement manufacturing company, Oman Cement has garnered OMR 15.94 million (€38.91 million/US$41.42 million) in revenues in the January-March 2015 period, noting a year-on-year increase of 10.6%.

Its net profit also followed similar upward trend during the quarter under review, with an increase of 3.7% to reach OMR 3.83 million.

The revenue of Attock Cement amounted to PKR 9.79 billion (€90.39 million/US$96.24 million) between July 2014 and March 2015, up 7% year-on-year, while net profit rose 17% to PKR 1.64 billion.

Company revenues posted a 7% quarter-on-quarter growth to PKR 3.42 billion in January-March 2015, while earnings rose 12% to PKR 619 million. Other income also saw a 109% on-year growth to PKR 129 million in the first three months of 2015 due to short-term investments and higher cash balance.

Attock Cement is a

India-based ACC Cement saw its revenue sink to INR 28.85bn (€434.85 million/US$463 million) in quarter ended 31 March, 2015, down from revenue clocked in quarter ended 31 march 2014 which was INR 29.67 billion.

Consequently, the company also experienced a 41% slump in its profit for quarter ended 31 March 2015.

As such, the profit went down to INR 2.36 billion from INR 3.99 billion previously. Drops in the figures were highly attributed to declining sales with only 5.82 million tonnes of cement sold

Eight XCMG XE370CA excavators are working day and night, digging deep ditches and breaking solid rocks, to help build the A-B Highway in the Benin Republic, West Africa. The project is key to developing the Benin’s economic and trade relations with its neighbouring West African countries.

“XCMG excavators boast reliable performance, high efficiency and excellent fuel efficiency. During highway construction, an excavator needs to be equipped with a variety of working devices and only simple commissioning

After what was described as months of intense bidding and negotiations, Chinese construction equipment manufacturer Shantui has wrapped up a deal with the Zambian National Service to supply it with over US$4 million worth of equipment.

Consisting of SD32 bulldozers and 20tonne SE210 excavators, the machines will be used as part of a programme employing youth to develop infrastructure throughout the country. The machines were successfully shipped from the Port of Tianjin in northern China in late February

China’s TOP50 Construction Machinery Products of the Year Awards has recognised the SDLG concept LG6460E excavator in its 2015 listing. Organised by the China National Construction Machinery Association, the awards ceremony is one of the most important dates in the Chinese equipment industry’s calendar. All major manufacturers attend the showpiece event, which this year was hosted in Beijing on April 10.

The 46tonne capacity SDLG LG6460E excavator features a high-torque 13 litre engine said to offer exce

Terex Washing Systems (TWS) and Duo, TWS distributor in England and Wales, are hosting a world premiere showcase of the Terex AggreSand 206 modular washplant seamlessly combined with the AggreScrub 150.

The landmark event is the highlight of an open day event for TWS dealers and potential new customers on 28-29 April at the new Lafarge Tarmac Broom site in Bedfordshire, England.

Attendees will have the opportunity to view the plant as it processes in excess of 350tonnes/hour, and meet with TWS and Duo

Quarry conveyor belt solution and automotive supplier ContiTech, part of the Continental Corporation, increased its sales by around €50 million to €3.9 billion in 2014 – achieving growth of 1.3%.

In further company figures, ConitTech EBIT (Earnings Before Interest and Taxes) was €433 million in 2014 (€462 million in 2013), and the return on sales 11% (11.9% in 2013).

"We are thoroughly satisfied with this result and the continued double-digit return on sales, particularly in light of the negative dev

US cement consumption will continue its growth trend in 2015 according to the Portland Cement Association (PCA).

Total cement consumption will increase by 7.5% from last year, and continue to grow in 2016 by 7.9% said Edward J Sullivan, PCA’s chief economist, at the association's Spring Meeting.

"The forecast indicates that the healing in the US economy has taken place," Sullivan said. "Industry projections continue to be in line with generally improving economic construction fundamentals."

Sustain

Metso has signed a three-year lifecycle service agreement with the Kevitsa copper and nickel mine in Sodankylä, Finland.

The quarrying and mining equipment giant will take complete responsibility for the supply, installation and optimisation of Kevitsa mine's mill liners. Metso and Kevitsa's common goal is to increase the mill's availability, production efficiency and reduce the total cost of ownership so as to help increase mine profitability.

"This solution will raise our utilisation rate to a new

Fuel savings, performance and reliability are now standard factors for choosing equipment, and companies worldwide have been investing in such machinery.

At the same time Chinese manufacturers have also been introducing a host of new and concept models that can be used for loading purposes, many at the recent bauma China, one of number of major global exhibitions where such equipment is unveiled.
Indeed, in 2012 at bauma in Munich, Germany, Caterpillar says it surprised the industry with the announceme

Safety, productivity and reducing the overall cost of ownership are key factors in any new hauler purchase, as Guy Woodford reports.

South Korean-headquartered Doosan is firmly established among the leading global players in the hauling sector – with ambitious growth plans.
Mats Haukebo, Doosan’s ADT global product manager, recently talked to Aggregates Business Europe and Aggregates Business International about the firm’s ADT range.
“In this global market, Doosan works relentlessly to understand the

Crushing and screening equipment manufacturers have been overseeing the global launches of products as well as introducing new models and prototypes writes Patrick Smith.

The recent bauma China 2014 in Shanghai allowed manufacturers to highlight products for the Asian region and further afield with Sandvik and Metso both announcing major developments, while Chinese manufacturers, including LiuGong, XCMG and Shanbao, also showed off new products.

“The Sandvik product offering now provides Chinese and A

Hope Construction Materials, Britain’s leading independent construction materials company, is on the lookout for top young talent to join its €415 million (£300 million) business in English counties Derbyshire and Yorkshire, and the North East of England.

The firm’s claimed industry leading Apprenticeship Academy has reopened for its second year, with Hope searching for three new apprentices at its quarries at Holme Hall near Rotherham, South Yorkshire, Coxhoe in County Durham, and its cement works in

In the framework of their proposed merger of equals, the Boards of Directors of Holcim and Lafarge have nominated their candidates for the future Board of Directors of the combined company, subject to the completion of the merger this summer. The designated Board of Directors will consist of 14 members due to be elected at the Holcim Extraordinary General Meeting on May 8 2015.

The candidates are:

• Wolfgang Reitzle, Co-Chairman (currently Chairman of the BoD of Holcim)
• Bruno Lafont, Co-Chairman (

Lafarge and Holcim will need between 12 and 18 months to complete the integration of the two cement groups following the closure of their merger deal, according to the future head of the combined company Eric Olsen.

Lafarge chief executive Bruno Lafont added that the companies still expected to finalise the transaction in July, likely on July 15.

Lafarge and Holcim have picked Lafarge insider Eric Olsen as chief executive of their proposed combined company if shareholders back it next month.

Olsen

Finning customers can now access the company’s new parts website on a mobile device. The UK & Ireland Caterpillar dealer’s website www.finning.co.uk/parts also enables its users to browse service options and Ask The Expert from a mobile phone or tablet.
Finnig says that the website has been designed to give customers a fully integrated online solution, offering the ability to learn more about Finning product support by featuring information from the company’s parts, service and technology divisions.
The