Holcim US projects recognised at 2015 Triad Awards
Four Holcim US projects received recognition during the World of Concrete conference at the 2015 Triad Awards in Las Vegas. The 2015 Triad Award winner was Pena Boulevard Concrete Paving with Envirocore project's complex coordination and state-of-the-art design allowed the main roadway into the bustling Denver International Airport to remain open while the project was executed. This project required thoughtful planning as the existing concrete pavement had severe alkali-silica reactivity damage, and the air
Vulcan Materials’ Don James to end board chairman role
Vulcan Materials' non-executive chairman Don James is said to be stepping down as chairman of the board of America’s largest producer of construction aggregates by the end of 2015. US media have reported that he has told shareholders of his intentions which have then been recorded on a filing made with the Securities and Exchange Commission. James became chairman of Birmingham, Alabama-headquartered Vulcan Materials in 1997 and became non-executive chairman in January 2015 when he retired as an employee of
Pakistan’s DG Khan Cement plans US$300mn cement plant
DG Khan Cement, owned by Mian Muhammad Mansha, Pakistan’s third-largest maker of the construction material, wants to build a US$300 million plant near Karachi as economic growth boosts demand, Bloomberg news agency reports. “There will be a shortage domestically in three years if there is 10 percent growth in demand each year,” said chief financial officer Inayat Ullah Niazi in an interview with Bloomberg in Lahore. The company’s two cement plants have operated near full capacity in the past two years. The
Kevin Parkes re-joins Finning’s equipment solutions division
Finning, the leading provider of Caterpillar equipment in the UK and Ireland, has appointed Kevin Parkes as director of its equipment solutions division. Parkes will re-join Finning after spending four years as chief executive of Hewden. In his new role, he will be responsible for driving forward the equipment solutions division, increasing market population for both Caterpillar and Komptech mobile plant and equipment. In addition to equipment sales and service, Parkes will oversee the continuous developmen
Indonesian government’s cement price cut hits firms’ share prices
Indonesian cement makers Semen Indonesia and Holcim Indonesia have seen their share prices decline by a minimum of 14% from their July 2014 peak after the country’s president, Joko Widodo, announced that state-run cement makers will reduce their prices. The government instructed state-run cement makers to reduce their prices by IDR 3,000 (€0.20 US$ 0.23) a bag on 16 January 2015. The duration of the reduction or details of the method are still to be revealed. The share price of Indocement Tunggal Perkasa al
Holcim’s 2014 sales
An unfavourable currency effect of 5.2% and negative changes in consolidation structure impacted on Swiss cement giant Holcim’s consolidated 2014 net sales which fell 3.1% to €17.873 billion (CHF 19.11 billion) (up like-for-like 3%). Holcim’s consolidated operating EBITDA was down 3.8% to €3.504 billion (CHF 3.747 billion) (up like-for-like 5.5%) mainly as a result of negative currency effects and merger and restructuring related costs. In 2014, consolidated operating profit was down 1.7% in 2014, at €2.167
Marmomacc and marble at Milan Digital Lithic Design exhibition
Marmomacc, said to be the most important international event dedicated to the natural stone sector, will be among the major players at FuoriSalone 2015 during the Digital Lithic Design Show as part of the Energy for Creativity exhibition-event organised by Interni Magazine at the University of Milan and Orto Botanico di Brera from 13 April-24 May 2015. The theme of Expo Milan 2015, Energy for Life, is developed here in a design, urban and architectural key.
Tunisia cement manufacturers to keep cement price stable
In Tunisia, Mostafa Hamrouni, chairman of the national chamber of cement manufacturers, says that cement producers will take certain steps to keep cement prices under control. Hamrouni’s statement comes amidst rising production costs and is said to be focused on protecting consumer purchasing power. The senior cement manufacturers’ figure also suggested that consumers may want to buy directly from producers in order to pay a better price for their cement.
CNH Industrial’s key changes to its Group Executive Council
CNH Industrial – whose construction equipment division includes the Case Construction Equipment and New Holland Construction brands – is making key changes to its Group Executive Council (GEC), the company’s highest executive decision making body outside of its board of directors. Effective immediately, Derek Neilson is appointed EMEA Chief Operating Officer (COO) with responsibility for Europe, the Middle East and Africa, replacing Andreas Klauser. Neilson first joined CNH Industrial in 1999. An existing m
Finning host unveiling of Government staff care initiative
The UK Secretary of State for Education chose Finning’s headquarters as the venue to announce €2.16 million (£1.6m) of government funding, piloting an employee care scheme. Nicky Morgan recently visited the Caterpillar UK and Ireland dealer’s Cannock premises, alongside members of Staffordshire County Council and the Dove Service. The purpose of the new scheme, which will see €270,880 (£200,000) given to the county Staffordshire, England-based Dove Service, is to work together with businesses supporting car
AEM Hall of Fame seeks off-road equipment innovators
The AEM (Association of Equipment Manufacturers) Hall of Fame is seeking off-road equipment industry frontrunners whose innovations, ideas and leadership have contributed significantly to the growth and strength of the industry. Nominations can be made until 5 June, 2015 and are evaluated by an independent panel of industry experts from the American construction and agriculture sectors. Nominators can submit completed nomination forms and supporting materials to [email protected] Anyone, living or deceased
Lucinda Riches joins CRH board as non-executive director
CRH, the Irish construction materials giant, has announced the co-option to its board of Lucinda Riches as a non-executive director. Ms Riches, 53, a British citizen, is a non-executive director of UK Financial Investments Limited, which manages the UK Government’s investments in financial institutions. She is a non-executive director of Diverse Income Trust, Graphite Enterprise Trust, the British Standards Institution and a non-executive member of the partnership board of King & Wood Mallesons. She is a
Current C&D waste recycling targets “are an obstacle to growth”
In 2012, 62% of construction, demolition and excavation waste in Europe was recycled according to a recent report from Frost & Sullivan. Here, Peter Craven, head of marketing at CDE Global argues that rather than demonstrating success these targets are masking wider problems in the CD&E waste recycling sector across Europe. The Waste Framework Directive (WFD) sets a target for 70% recycling of construction, demolition and excavation waste acro
Martin Engineering opens new business unit in Russia
Martin Engineering has formed a new business unit in Russia, created with an initial focus on applications for conveyor technologies, flow aids and engineered vibration.
The new business unit will be based in Moscow.
The company says it continues to expand its presence in the Customs Union of Russia, Belarus and Kazakhstan, initially targeting industries that include coal and mining, cement, gas and oil.
Staffed by native Russian speakers to facilitate communication with customers, the new group is alre
Lafarge results hit by impairments but 2015 will be “exceptional”
Reporting a fourth-quarter loss, compared to profit last year, Lafarge has said its merger with Holcim is on track for completion in the first half of 2015. The company says the net result group share at €145million was impacted by €385 million non-cash impairment of assets related to Syria and Iraq. The Q4 figures release by Lafarge show sales up 2% to €3,207 million ((up 1% like-for-like); EBITDA (earnings before interest, tax, depreciation and amortisation), down 4% to €679 million (1% like-for-like) and
IronPlanet targets big 2015
IronPlanet is looking for 2015 to be another big year in its history, according to the international online auction firm for used machinery’s vice president of European sales, Felipe Fernández-Urrutia Massó. The senior IronPlanet figure’s positive outlook comes after the firm’s recent launch of a new website offering customers a host of new features and significantly enhanced functionality. “With so much going on, and very thorough preparation for any changes in the markets, I really see this year as a stro
On the Case at Yorkshire Aggregates
Four Case loading machine models are playing a key role in the continued success of Yorkshire Aggregates’
Armthorpe Recycling Centre facility in northern England. Two 821F wheeled loaders have been working at the site near Doncaster for the past 18 months. They were joined 14 months ago by a C-Series CX 210 excavator, with the quartet of Case loaders completed by a 1021F wheeled loader purchased last summer.
All four models were purchased by Yorkshire Aggregates (YA) from Barnsley-based Case dealer Warwic
Caterpillar CEO hoping for sustainable Chinese growth
Caterpillar chief executive Doug Oberhelman says that a continuation of the current single-digit growth in China will make it a more sustainable and “fantastic” market for the world’s biggest selling construction equipment manufacturer.
Growth in the world's second-largest economy decelerated to 7.4% in 2014, its slowest pace in 24 years. That slowdown has caused ripple effects around the globe, hurting commodities, imports and US firms such as Caterpillar, that generate sales in China.
Speaking on CN
Volvo CE offers greater support to WWF Climate Savers
Volvo Construction Equipment (Volvo CE) president Martin Weissburg says the Swedish firm is keen to play a major part in the Volvo Group’s commitment to reduce CO2 emissions by at least 40 million tonnes by 2020. On the 7 February 2015 in Sanya, China, Volvo CE attended the World Wide Fund for Nature (WWF) 2015 Climate Savers China Annual Conference, where Weissburg spoke about the company’s series of innovative measures to reduce its carbon-dioxide emissions by 2020. Based on an agreement between the Volvo
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