Thailand’s SCCC to beef up overseas expansion
Thailand's second biggest cement producer, Siam City Cement (SCCC), intends to set up a factory in Myanmar and perhaps invest in Cambodia as well.
The company hopes that overseas expansion will offset the slow cement demand in the Thai market, which is expected to rise by 2%-3% only in 2014 following the ongoing political crisis.
In 2013, SCCC's local cement business expanded by 7%, whereas its other new businesses, including the waste managing unit Geocycle and wood replacement building materials uni
Indonesia’s Wika Beton generates IDR 1.2tn from IPO
According to Enthus Asnawi, the finance manager of Wijaya Karya Beton (Wika Beton), the concrete company has generated IDR 1.2 trillion (€76.79 million) from its initial public offering (IPO).
The proceeds will be used to finance its expansion including plant expansion. Expansion will be carried to several areas including to Sulawesi, Java and Sumatra.
The state company plans to expand overseas in late 2014 in partnership with its parent company, Wijaya Karya, to Algeria as well as the Middle East an
Cement output in Jiaxing,China, up 14.8% in March 2014
In China, production of cement in Jiaxing city, Zhejiang Province jumped 14.84% to 184,700tonnes during March 2014.
A growth of 13.05% was seen in the city's bulk cement supply, with bulk cement rate declining 1.38 percentage points to 87.2% as compared to March 2013.
The city supplied 100,300tonnes and 1.3863 million m³ of ready-mixed mortar and ready-mixed concrete respectively during the month.
Hunt Martin Materials stake acquired by Martin Marietta from partner
Hunt Midwest Enterprises's stake in the crushed limestone supplier Hunt Martin Materials has been sold to Martin Marietta Materials (Martin Marietta), its joint venture partner in the US.
The Hunt Martin Materials joint venture had been set up with Martin Marietta in 2004. The deal's financial details were not made known.
Turkish Oyak Group on acquisition trail in Africa/Europe
The Oyak Group, which has various cement interests Turkey, is looking into acquisition opportunities in the cement sector.
It is focusing on Europe (specifically the UK) and Africa, according to its cement group chairman Celalettin Caglar.
Caglar said that the group was also interested in acquisition opportunities that could arise from the merger of Holcim of Switzerland and France's Lafarge.
Lafarge has said two-thirds of divestments as a result of the deal with Holcim are expected to affect Weste
Russia’s TSK-Beton acquires quarrying licence
In 2015, TSK-Beton will complete the procedure of acquiring licenses to quarry sand and crushed stone in the Leningrad region.
The projected quarrying output is 1.5 million m³. Investment in purchasing the licences stands at RUB 1 billion (€20.29 million). The information comes from Vyacheslav Traktovenko, the owner.
Purchasing quarrying facilities allows the company to move to closed-loop production of building materials and cut costs by an estimated 3-5%.
TSK-Beton owns three concrete plants in S
Balfour Beatty starts one of UK’s largest coastal protection schemes
Balfour Beatty has started work on one of the largest coastal defence schemes in the UK which will protect over 12,000 homes and businesses from the risk of coastal flooding while regenerating parkland for local community use.
The £73 million (€88 million) scheme consists of two separate projects along the Fylde Coast at Rossall and Anchorsholme, County Lancashire, north-west England, which will renew 2.9km of sea walls and the promenade and preserve its renowned sandy beaches.
The £20 million Anchors
Brussels thwarts UK reduced carbon and energy costs
Following the decision by the EU College of Commissioners to adopt new Environmental and Energy State Aid Guidelines, leading UK energy intensive industry bodies expressed their severe disappointment and frustration that help with crippling energy costs promised by the UK Government will not now be forthcoming to the all-important cement, ceramics, kaolin and ball clay and lime industries.
The decision in Brussels, Belgium, is said to undermine UK Chancellor of the Exchequer George Osborne’s statement in
Chicago Pneumatic appoints Powertek as new distributor in Romania and Moldova
International construction equipment manufacturer Chicago Pneumatic has appointed Powertek as its authorised distributor in Romania and Moldova.
The company will now supply the Romanian and Moldovan construction industry with Chicago Pneumatic’s comprehensive range of rugged and powerful products.
This will include hand-held pneumatic tools, compaction equipment, concrete equipment and rig-mounted breakers, as well as portable compressors and generators.
Biodynamic cement to be used on Palazzo Italia
Palazzo Italia, the symbol of Expo 2015, to be held in Veniced in June 2015, will be built with a completely new material know as biodynamic cement.
The cement has been created by Italcementi and has been hailed as a milestone for Italian research.
Palazzo Italia will remain in place after Expo 2015 and will act as a home to innovative technology. It ius claimed that the biodynamic cement is able to capture pollution and reduce smog and the mortar will be made from 80% recycled products.
Italy: Italcementi's shareholders approve share conversion
Shareholders in the Italian cement company Italcementi have approved the conversion of savings shares into ordinary shares, which is a key part of the company's reorganisation.
There will be no capital reduction but the share conversion will lead to a capital increase of €450 million and a takeover bid on minority stakes in Ciments Français.
Italmobiliare will see its share fall from 61% to 45% and will also invest around €200 million in Italcementi.
Volvo exhibits the art of scrap
The award ceremony for Volvo Construction Equipment’s ‘trash to treasure’ Up-Cycling Design Arts Campaign has been held in Shanghai, China, where more than 20 works of art made from scrap machine parts were exhibited.
After a thorough process of online auditions, judge reviews and appraisals, four pieces of work from the 20 finalists particularly stood out and were awarded with a Grand Prize.
A further four pieces were awarded Most Popular Work prizes based on a tally of online votes. The ceremony
Leipfinger-Bader acquires Schönlind brick plant
Leipfinger-Bader of Germany has acquired the assets of brick plant Schönlind from Merkl, including real estate, production plant and clay pits.
Leipfinger-Bader announced that it will invest a relatively large sum to modernise the plant and increase output of heat-insulating bricks.
Cement grinding plant launched in Atlan-aul, Russia
A cement grinding plant has been launched in the village of Atlan-aul in the Republic of Dagestan, North Caucasus, Russia.
The facility was built using private investment and details were not disclosed. The project will provide cement to the district and to the republic as a whole.
China’s Asia Cement to acquire Lanfeng Cement
Taiwan-based Asia Cement’s subsidiary Asia Cement (China) will acquire a 100% shareholding in Sichuan Lanfeng Cement. The acquisition will also allow Asia Cement (China) to own 100% indirect stake in Sichuan Lanfeng Building Materials.
The deal was valued at CNY 2.05 billion (€240.83 million). The acquisition will be done via Asia Cement (China)'s subsidiary Sichuan Yadong Cement.
In Sichuan, Asia Cement (China)'s cement capacity will be raised to 1 million tonnes/year with the added annual capacity o
W.S. tyler appoints new service manager
W.S. Tyler, the screening solutions specialist in the mining, aggregate and industrial mineral industries, has named Douglas Lima as its new service manager.
Lima has 34 years of industry experience and has spent the past 16 years as a service technician with W.S. Tyler and its sister company, Haver & Boecker Latino Americana. He earned his engineering degree at the Methodist University of Piracicaba (UNIMEP) in Piracicaba São Paulo, Brazil.
IROCK launches new website
IROCK Crushers has launched a new website. (www.irockcrushers.com) which it says provides quick access to detailed product information to help customers make informed decisions about crushing and screening equipment.
The mobile-friendly site also links customers to the latest technologies and industry news.
MPA Environment & Mineral Planning Conference
The 7th annual Mineral Products Association (MPA) Members Environment & Mineral Planning Conference has been held at the University of Warwick, England.
The over-riding message, from the planning and permitting experts was that regulators are still too “preoccupied with old-style environmental imperatives to have properly embraced the concept of sustainable development.”
Ken Hobden, Director of Mineral Planning MPA, said: “Two years on from the publication of the National Planning Policy Framework, wh
Komek Machinery new distributor for Sandvik Mobile Crushers and Screens
Sandvik Construction says that Komek Machinery, the existing distributor for Rammer premium hydraulic breakers, has now also been appointed distributor for Sandvik’s Mobile Crushers and Screens in the Urals.
Through continued collaboration with Komek, Sandvik says it aims to provide customers throughout the region with better access to these product ranges, which will be supported by the highest levels of aftermarket care.
Since its foundation in 2001, Komek Machinery has swiftly developed a reputati
Crusher bucket becoming popular
Buckets, breakers and rippers are not the only attachments in use in quarry and construction applications, particularly those that involved recycling of material.
The crusher bucket is becoming an increasingly popular means of recycling construction and demolition waste, to provide reusable aggregate.
Simex has launched the VSE 40, a screening bucket with a patented mechanism that allows the operator to change the size of the screened material from the cab at the touch of a button. The company claims tha