Cement News tagged under: Building Materials

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Annual VDMA Building Material Plants Day held in Frankfurt

30 March 2018, Published under Cement News

The annual VDMA Building Material Plants Day highlights the efforts made by plant manufacturers who supply the cement industry and many others. "We anticipate that incoming orders will once again grow in the double-digit range this year," said Hermann Weckenmann, Chairman of the VDMA Building Material Plants Group. Mr Weckenmann noted the increase in demand anticipated from emerging countries and China, according to a press release. In particular, German building material plant manufactur...

Cemex Go - a digital customer platform is launched

27 November 2017, Published under Cement News

Cemex has launched a fully-digital customer integration platform called Cemex Go. The platform combines Cemex's industry leadership with cutting-edge digital innovation. Cemex Go is a multi-device providing real-time, detailed information for order placement, live tracking of shipments, and managing invoices and payments for Cemex's main products, including bagged and bulk cement, ready-mix concrete, aggregates, and multi-products. Fernando A Gonzalez, CEO of Cemex, said: "Cemex Go moves ...

Cape Lime business to boost Afrimat's earnings

25 September 2017, Published under Cement News

Aggregates and building materials supply company Afrimat, based in Durbanville, Western Cape, South Africa, expects to see higher profit contributions from its Cape Lime business going forward. Afrimat CEO, Andries Van Heerden, said: "We are hedged against economic volatility through wide diversification. The operational contribution is interesting to breakdown," Mr Van Heerden said. "In financial 2016 the clinker segment accounted for 38 per cent of Afrimat’s business, the Glen Dougl...

Turkmenistan: new building material import facility planned

06 July 2016, Published under Cement News

The Turkmen Industry Ministry is planning an enterprise for the import of high-demand building materials. The project is expected to be implemented jointly with the country's Milli Onum Company, according to Azernews. The new enterprise is expected to produce about 100,000t of gypsum, 250,000t of dry building mixes as well as 12Mm 2 of gypsum plasterboard annually on the basis of domestic raw materials. Turkmen President Gurbanguly Berdimuhamedov, underlined the importance of expa...

Moody's: Stronger demand in US, UK and Egypt supports EMEA building materials stable outlook

03 December 2015, Published under Cement News

The outlook for the European building materials industry will remain stable in 2016 due to increasing cement demand in the US, UK and Egypt and the resulting uptick in pricing, says Moody's Investors Service in a report published today. Overall demand in Europe is likely stabilise in 2016 but oversupply could pressure prices as new capacity comes on line in India and Indonesia. Moody's report, titled " Building Materials - Europe : 2016 Outlook - Stable, Supported by Cement Volumes and Pri...

PCA: as oil prices fall, cost of asphalt is on the rise

18 February 2015, Published under Cement News

Despite falling oil prices, the cost of paving with asphalt continues to rise across the US. A recent analysis from the Portland Cement Association (PCA) shows that asphalt prices have reached record highs during the last six months. Oil prices declined 44 per cent in the second half of 2014, and during the same period asphalt prices increased 1.5 per cent. A decline in asphalt prices has yet to materialise given six months of data since the beginning of the oil price decline, the normal la...

2014 MPA sales volumes positive as construction markets improve

02 February 2015, Published under Cement News

Minerals products markets performed strongly in 2014 as construction output grew by six per cent, according to MPA figures. Sales volumes accelerated for aggregates (11 per cent growth made up of crushed rock + 13.5 per cent, sand and gravel +7.2 per cent) and asphalt (+8.6 per cent). Growth in ready-mixed concrete sales moderated in 2014 (+1.7 per cent), but from a higher base following an early and marked recovery of the concrete market throughout 2013. Asphalt and crushed rock sales wer...

FLSmidth concludes Cembrit sale

02 February 2015, Published under Cement News

FLSmidth has now successfully closed the divestment of Cembrit to Solix Group AB, to sell all shares in Cembrit Holding A/S at a price of DKK1.1bn (enterprise value on a debt-free basis). Cembrit is one of the leading distributors and manufacturers of fibre-cement products in Europe. The deal was initially announced in mid-January 2015 and concludes FLSmidth's divestment of building materials companies.

CRH announces clay and concrete disposals

15 December 2014, Published under Cement News

CRH has said that it has reached agreement to dispose of its clay and concrete businesses in the UK and its clay business in the US to funds managed by Bain Capital Europe LLP for an enterprise value of GBP414m (EUR522m). This amount excludes real estate assets with an estimated market value of GBP£30m that are being retained by CRH for future disposal. The transaction is subject to regulatory approvals and is expected to close in 1H15. The business being divested comprises clay compan...

HeidelbergCement looking to shed assets

02 July 2014, Published under Cement News

HeidelbergCement is reportedly looking to sell off its US and British construction materials business this year in a bid to position itself for some assets that may be put on the block as part of the Lafarge Holcim merger, a source with knowledge of the company's plan told Reuters. The German cement major had said it can wait to get the best price for the business in the US and Britain, which makes mainly bricks, concrete pipes and roofing tiles and is worth at least EUR1bn. HeidelbergCem...