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The Italian marble sector is showing continued success with exports of processed and unhewn products worth €574.5 million during the first four months of 2014, up 5.3% in value compared to the same period in 2013.

Over the first six months of 2014, sales of construction equipment in the Italian market have been 3,134, an increase of 16% compared to the previous year.
By analysing sales results, the figure consists of 3,095 earthmoving machines (+16%) and 39 road machines (-7%).
Paolo Venturi, president of Unacea (the Italian Construction Equipment Association), said: “After six years of crisis, which have progressively reduced the Italian market of construction equipment up to 80% less, this increase is not surpri

Terex Corporation reported second-quarter income from continuing operations of US$87.8 million compared to $20.4 million in the same period last year.

Excluding the impact of certain items totalling $54.4 million income from continuing operations as adjusted in the second quarter of prior year was $74.8 million.

Net sales were $2.06 billion, 10.4% higher than $1.86 billion in the second quarter of 2013. Analysts expected revenue of $1.96 billion for the quarter.

“Our results for the second quarter

Caterpillar has reported earnings of US$999 million for the second quarter, up from $960 million in the same period a year ago.

Sales totalled $14.15 billion, down from $14.62 billion a year ago, and below the FactSet consensus of $14.45 billion.

We’re pleased with our second-quarter results, particularly the improvement in profit. We increased the bottom line despite a weak quarter for our Resource Industries segment, which is principally mining,” said Doug Oberhelman, Caterpillar Chairman and CEO.

Lafarge has posted another drop in quarterly sales and profit, saying this is mainly due to adverse exchange rates and its shrinking scale as it divests assets to trim its debt.
Lafarge's earnings before interest, taxation, depreciation and amortisation (EBITDA) fell 2% to €812 million in the second quarter as sales fell 5% to €3.37 billion.
The Paris, France-based global group, which is preparing to merge with Swiss company Holcim, is said to have stuck to its full-year targets while seeing the first si

Kenya-based National Cement Company (NCC) is set to receive KES 5.9 billion (US$67.1/€49.85 million) from the International Finance Corporation (IFC), as part of a KES 6.4 billion deal agreed in March 2014.

Under the deal, IFC will infuse US$5 million in NCC, followed by a further $15 million infused by NCC along with IFC African, Latin American and Caribbean Fund in exchange for a seat on the company's board of directors.

According to a statement, NCC will use the proceeds to promote infrastructure d

Some 14 years after the project was initially considered, Holcim Granulats is expected to put its limestone quarry in Champ-Carré in Bayel into service at the end of 2014 or start of 2015. Some 15 jobs are expected to be created at the site. The project was initially hit by delays concerning land ownership, followed by works to made the site viable in terms of access. Most recently, train loading and sidings facilities have been connected to the Paris-Basel railway line. Eventually, the installation is set

Thierry Legrand, who has been the chief executive of Lafarge South Africa for five years, has been appointed as senior vice president of transformation and acceleration at Lafarge's head office in Paris, France.

Kenneth MacLean, currently Lafarge group's senior vice president for performance aggregate, will replace him from 1 August 2014.

During his time in South Africa, Legrand integrated the company's local cement, aggregates, ready-mixed concrete, gypsum and fly ash business lines into a country or

According to the Cameroon port authority, Autorité portuaire nationale (Apn), cement was the most imported product in 2013, accounting for 16% of imports. Cameroon imported just over 1.26 million tonnes of cement.

National cement production stands at 1.7 million tonnes while demand varies between 4 million and 8 million tonnes.

It is reported that Larfarge Ciment, the Romanian subsidiary of the French cement group Lafarge, will pay dividends on 2013 profit of around €10 million, representing over 99% of the 2013 profit. Turnover in the year reached €155 million, down 20% from 2012.

Oman Cement reported a OMR 9.9 million (€19.09 million) pre-tax profit in the first half of 2014, up 4.3% from the year-ago period. In contrast, sales fell 5.9% during the same period.

China-based cement producer and trader China Resources Cement Holdings Limited has signed a 36-month loan deal with a bank for an amount of CNY 300mn (€35.91 million).

Siam City Cement recorded a THB 7.8 billion (€182 million) of net sales for the second quarter of 2014, a year-on-year growth of 4.4%, although Thailand’s second biggest cement producer recorded a 9% year-on-year decline for its second quarter net profit to reach THB 1.47 billion due to equities revenue from its associated companies having dropped and losses from foreign exchange.

For the first six months of 2014 the company’s sales grew by 10% to THB 16.5 billion while net profit was THB 3.38 billion, a

In Morocco, the maximum duration of quarry exploitation has been reduced from 20 years to 15 years, and quarry operators will only have two years to comply with the new law after its adoption. The law may be revised.

Bell Equipment UK says that a strong Hillhead has contributed to it enjoying its “most successful month for several years” with the closure of over 20 deals during the recent show near Buston, England.

The company exhibited its range of articulated dump trucks and wheeled loaders at Hillhead, including the next generation E-series ADT.

“The difference is palpable from 2012, when there was still uncertainty about the prospects for construction. This time, customers have a clear idea of the future and

DUO Africa has unveiled plans for further expansion in west Africa with the imminent opening of a new trading office in Lagos, Nigeria, supported by a spares and depot facility in the north of the country.

The company, an official Powerscreen and Terex representative in the region, already has a trading office and service centre in Ghana, while the opening of DUO’s new Nigerian facilities coincides with Powerscreen’s plans to expand DUO’s territory in the region

“Throughout our time in Ghana we have r

The Egyptian Customs Authority is reported as saying it would impose export fees on the raw materials of marble, granite and sands as ordered by the state's Trade Ministry in an attempt to optimise the added value of their finished products.

The decision aims to reduce exports of marble, granite, and sand and includes a ban on the minerals quartz, talc, manganese, and feldspar

According to the ministry's decision, each tonne of raw marble and granite will be levied by LE200 (€20.8) in exporting fees,

Lafarge has sold its cement operations in Pakistan for an enterprise value of US$329 million (€244 million) to BestWay Cement.

Lafarge Pakistan Cement Ltd1, listed on the Karachi, Lahore and Islamabad stock exchanges, operates an integrated cement plant, located close to Islamabad in the north of the country.

This divestment will contribute to Lafarge’s net debt reduction objective.

This transaction is subject to the authorisation from relevant authorities and compliance with regulatory obligations

Holcim’s chief executive Bernard Fontana has said that the Swiss cement company and French group Lafarge have received more than 100 expressions of interest in assets they are planning to sell ahead of their planned merger.

The two companies proposed a multi-billion euro series of asset sales two weeks ago in their efforts to get regulatory approval for the planned merger, unveiled in April. This would create a combined group with €33 billion(US$44 billion) in annual sales.

According to a Reuters’ rep

Turkish conglomerate Sonmez Holding is reported to be looking to achieve growth through cement production. The conglomerate recently sold its cement subsidiary Sancim Bilecik Cimento to Cimsa, part of Sabanci Holding, for €163.48 million. However, Sonmez Holding is said to be aiming to stay in the cement business with a new plant to be launched next month [August 2014]. Based in Adana Yumurtalik Free Zone, the new plant and will cost €184.8 million. It will mainly produce for export markets with 2 million t