News

Lafarge raises €200mn to accelerate its development in IndiaLafarge has signed an agreement to raise €200 million through capital increase subscribed by Baring Private Equity Asia, and representing a 14% minority stake in its Indian subsidiary, Lafarge India.... 16 May 2013
Cemex UK launches new conservation book, A Gift of NatureCemex UK has launched a new book, A Gift of Nature, at a reception in London. The book is the 20th in Cemex's conservation book series, an initiative dating back to 1993, and one that was launched on... 16 May 2013
Ciments Français revenue down by 7.3% to €819m in Q1Ciments Français' revenue fell by 7.3% year-on-year to €819 million in the first quarter of 2013 from €884 million in the same quarter in 2012. The Italcementi subsidiary commented that the first... 15 May 2013
British Aggregates Association given permission for Aggregates levy court hearingA three-day hearing at the UK Court of Appeal in October has been granted to The British Aggregates Association (BAA), which is trying to overturn a 2002 Justice Moses judgment in its battle against... 15 May 2013
Precast concrete suppliers get the green light from the International Olympic CommitteeBritish Precast, the trade body for the UK concrete products industry, has welcomed a decision by the International Olympic Committee (IOC) in Lausanne, Switzerland, to allow precast suppliers to the... 15 May 2013
Wincanton wins UK Cemex cement contractWincanton has obtained a three-year distribution contract from Cemex. The logistics group will oversee the planning and transport to construction sites, retailers and wholesalers throughout the UK of... 14 May 2013
CRH's acquisition spending nears €500mnCRH looks to be heading for €500 million in acquisition spending in the year to date, and the group said yesterday that it is targeting Russia and south-east Asia for further expansion. CRH said that... 14 May 2013
Italcementi reports on a challenging first quarterItalcementi's first quarter 2013report shows similar challenges to the other European majors in terms of poor weather and sluggish demand in Europe and the Mediterranean. In Italy, especially, cement... 14 May 2013
Future Mongolia trade fair goes from strength to strengthThe capital goods trade fair Future Mongolia will again be held in the Mongolian capital Ulan Bator from 19-22 June. Organisers are expecting around 120 exhibitors, with last year's event including... 14 May 2013
Doosan ADTs work on Kenyan dam projectIn Kenya, a fleet of eight Doosan MT41 articulated dump trucks (ADTs) is being used by Frabo & Co to carry rock down the steep slopes of a nearby quarry and on to the site of the Chemususu dam... 14 May 2013