Cement News tagged under: Aggregates
Afrimat's acquisition of LSA gets Commission approval08 November 2023, Published under Cement NewsSouth Africa’s Competition Commission has approved Afrimat’s acquisition of Lafarge SA , subject to a number of conditions. The deal, which is worth nearly ZAR1bn (US$54.59m), was found to raise a number of competition issues, according to the Commission, and would result in the lessening of competition in the aggregates and ready-mixed concrete sectors, reports Business Day. As a result, the Competition Commission has recommended that the merged entity divests its interests in general aggr... |
Holcim Romania inaugurates new aggregates plant02 November 2023, Published under Cement NewsHolcim Romania has opened a new EUR3m aggregates plant in Neudorf, Arad province, western Romania. The first deliveries of the new plant have been completed this month, said Holcim. "I am glad that with the opening of the new aggregates plant, the fifth in the country, we are closer to our customers in the western part of the country, with whom we want to build successful projects, contributing to their development plans," said Anca Alexandru, ready-mix and agreggates director of Holcim ... |
Strong 3Q results from Vulcan boost full-year forecasts27 October 2023, Published under Cement NewsVulcan Materials Co has reported revenues of US$2186m in the third quarter of 2023, up from US$2088m in the same period a year earlier. Gross profit over the same timeframe has advanced from US$493m to US$591m, while adjusted EBITDA has improved from US$507m to US$602m. In the 3Q23 the aggregates segment saw its gross profit increase by 17 per cent YoY to US$508m (equivalent to US$7.95/t), while the gross profit margin expanded 200 basis points. Cash gross profit per tonne improved 18... |
Global aggregates: recovering, resilient and sustainable24 October 2023, Published under Cement NewsIncreasingly resilient, the global aggregates market is recovering from the COVID-19 pandemic. Moreover, as shown in a recent meeting of the Global Aggregates Information Network (GAIN TM ), the industry is poised to address future challenges and opportunities. By Jim O’Brien, GAIN, Ireland. Figure 1: enthusiastic attendees from China, South Korea, Malaysia, Europe, USA, Canada, Colombia, Argentina and New Zealand at the recent GAIN meeting in Queenstown, South Island, New Zealand ... |
MPA voices concerns over UK government housebuilding plans01 September 2023, Published under Cement NewsThe Mineral Products Association (MPA) has written to the UK government voicing concerns over the government’s recent announcements regarding housebuilding. Two differing policy proposals designed to boost housebuilding, put forward by the current government and the Labour opposition, support plans to deliver new homes but, according to the MPA, fail to recognise the importance of the construction supply chains in realising their housing ambitions. Robert McIlveen, director of public affa... |
Construction in Great Britain contines to decline, warns MPA09 August 2023, Published under Cement NewsNew figures from the Mineral Products Association (MPA) provide more concrete evidence of the slowdown in Britain’s construction industry. The latest quarterly survey from the MPA – covering aggregates, asphalt, ready-mixed concrete and mortar in Great Britain – reveals a decline in actual sales volumes during the second quarter of 2023. The drop in construction activity, particularly in new housing, along with the impact of cost inflation on other areas such as roads, has contributed to the... |
Survey launch for UK's quarry, mining and mineral product sector26 July 2023, Published under Cement NewsPye Tait Consulting is carrying out a labour market survey of the UK’s quarrying, mining and mineral products sector on behalf of the Minerals Matter (part of MPQC). This survey will be the largest labour market information survey since 2019 to improve data on skills, training and qualifications within the sector, according to Aggregates Business Magazine. Labour market information is relied upon by various government bodies to help shape policies and direct potential areas for funding.... |
Aggregates Europe - UEPG joins Concrete Europe03 July 2023, Published under Cement NewsAggregates Europe – UEPG , which represents the European aggregates Industry in Brussels, has joined Concrete Europe as an associate member. According to Aggregates Europe - UEPG, the collaboration signifies its "collective commitment to shaping solutions for achieving the EU Green Deal within the construction ecosystem." “Joining Concrete Europe represents a significant step for Aggregates Europe – UEPG, enabling us to work more closely with other industry leaders in deve... |
Vulcan Materials' 1Q23 volumes hampered by poor weather05 May 2023, Published under Cement NewsVulcan Materials has reported revenue of US$1649m in the opening quarter of 2023, up from US$1541m in the same quarter a year earlier. Adjusted EBITDA over the same period has advanced from US$294m to US$338m, while gross profit has improved from US$269m to US$302m. Although shipments of aggregates over the 1Q23 fell to 51.7Mt, compared to 53Mt in the 1Q22, the freight-adjusted sales price per ton increased from US$15.52 in the 1Q22 to US$18.67 in the same period a year later, raising ... |
Lafarge Canada acquires Westridge Quarries01 May 2023, Published under Cement NewsLafarge Canada (Holcim) has acquired Westridge Quarries operations. Westridge is a well-established supplier of construction aggregates and contract crushing services for the Okanagan Valley. The acquisition is in alignment with Lafarge’s Strategy 2025 to expand its aggregates business through critical acquisitions of pits, quarries, docks, and depots in strategic high growth markets. “This is an exciting step forward in our 2025 growth strategy,” said Brad Kohl, President & CEO, Lafar... |