Cement News tagged under: Ready-Mix Concrete

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Vulcan’s profit falls following exceptional gains in previous year

05 August 2015, Published under Cement News

Vulcan Materials' first-half turnover rose by 11.8 per cent to US$1526.4m, but EBITDA declined by 31.8 per cent to US$300.2m. The trading profit fell by 44.8 per cent to US$164.59m after the exceptional gain on the disposal of the cement business in the previous year. After a net interest charge nine per cent lower at US$146.1m, the pretax profit dropped by 86.6 per cent to US$18.9m. The net attributable earnings line went from US$100m to US$8.5m. Net debt was increased by 10.8 per cen...

Hope Construction Materials supplies Scottish wind farm, UK

19 June 2015, Published under Cement News

Hope Construction Materials, Britain’s leading independent concrete producer has just completed the supply of almost 12,000m3 of ready-mixed concrete to a new Scottish wind farm being built by renewable energy specialists Community Windpower Ltd. Hope Construction Materials supplies Aikengall II Community Wind Farm with 12,000m3 of ready-mixed concrete (Photo credit: 360 Aerial Photography) The concrete has provided the foundations for 19 new wind turbines at Aikengall II C...

UK building products: volumes up

01 May 2015, Published under Cement News

The Mineral Products Association (MPA) reports that sales volumes of aggregates, ready-mixed concrete and asphalt improved again in the first quarter of 2015. Seasonally-adjusted results, which provide a consistent quarter-by-quarter comparison, indicated that UK crushed rock and sand and gravel sales volumes rose by 2.2 and 3.6 per cent, respectively compared to 4Q14. Ready-mixed concrete and asphalt sales were up by 1.3 and 1.2 per cent up. Annual sales of cement grew by 7.8 per cent in 20...

Martin Marietta Materials boosted by Texas Industries

11 February 2015, Published under Cement News

Martin Marietta Materials, including Texas Industries from mid-2014, saw turnover increase by 34.2 per cent in 2014 to US$2958m and the EBITDA of US$631.2m was 59.9 per cent higher than the figure shown a year ago. The trading profit rose by 44.4 per cent to US$314.9m while the net attributable profit it improved by 12.8 per cent to US$155.6m.  Aggregates Martin Marietta's aggregates production rose by 15,3 per cent in 2014 to 134.31Mt (148.0543Mst) while the original business showed a ...

Adelaide Brighton downstream acquisitions, Australia

07 August 2014, Published under Cement News

Adelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term vertical integration strategy of buying downstream construction materials businesses.   In South Australia, in addition to the recently announced Penrice quarry acquisition, Adelaide Brighton has entered into a contract to purchase Direct Mix Concrete and Southern Quarries (DMC), the largest independent aggregates and...

Tabuk Cement new ready-mix venture, Saudi Arabia

03 April 2012, Published under Cement News

Saudi cement producer Tabuk Cement Co has signed a Memorandum of Understanding (MoU) with Malaysia’s ZECCN and Finnish Elematic to construct a SAR60m (US$16m) ready-mix concrete plant in the Western Province of the country. TCC will hold 60 per cent in the new venture which will be self-financed. The remaining shares will be held by the partners.