Cement News tagged under: UK

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Cemex set to divest certain UK assets to Breedon Group

08 January 2020, Published under Cement News

UK-based Breedon Group has announced that it has entered into a conditional agreement with Cemex to acquire certain assets and operations in the UK for a total consideration of GBP178m, on a cash and debt free basis. The assets encompass approximately 100 active operations, including 49 ready-mix plants, 28 aggregate quarries, 4 depots, 1 cement terminal, 14 asphalt plants and 4 concrete products operations. The operations are located across six divisions located in Scotland, Wales, north-...

Breedon Group revenues up to GBP800m in 10M19

20 November 2019, Published under Cement News

Breedon Group Plc has released results for the first 10 months to 31 October 2019 with revenues up by eight per cent to approximately GBP800m. The results included a 10-month contribution from the former Lagan Group that was acquired by Breedon in April 2018. Breedon said it had performed well, seeing improved EBIT and continuing robust cash generation during the 10-month period. "These results were achieved against the backdrop of a flat construction market in Great Britain, where lower...

Breedon shareholder plans to sell up to 8.3% stake

07 November 2019, Published under Cement News

Breedon Group Plc shareholder M1 Cement Holding Ltd plans to sell up to 8.3 per cent of the company’s issued share capital via a secondary placing, according to brokerage JP Morgan Securities Plc. M1 Cement plans to sell up to around 139.7m shares in the British construction-materials company. The price of the placing will be determined through an accelerated bookbuild process to institutional investors, the brokerage said. Breedon shares closed 0.6 per cent higher at 65.40 pence on Tue...

Bestway's CEO takes seat in UK House of Lords

06 November 2019, Published under Cement News

British-Pakistani businessman Lord Zameer Choudrey has formally taken his seat in the House of Lords with a pledge to use his position to work towards improving trade relations between Pakistan and the UK.   As the Chief Executive of Bestway Group, Lord Choudrey manages Bestway Cement Ltd, United Bank Ltd and MAP Rice Mills, aside from owning Bestway Wholesale in the UK, Well Pharmacy, real estate investments, and a string of retail outlets, plus ethnic food and beverage import and distribut...

Fire put out at Cemex's Rugby cement plant

06 November 2019, Published under Cement News

Some 50 fire fighters and eight fire engines were called to Cemex's Rugby cement plant in Warwickshire, UK, at 2.15am on 5 November to put out a fire that had spread to four storeys of the 70m-high preheater tower. The blaze centred around a conveyor belt. A spokesman from Cemex said, "Cemex confirms there was a fire at the Rugby cement plant in the early hours of 5 November. We are grateful for the attendance of the fire service who brought the incident under control rapidly and limited t...

Hanson secures rail deal to supply Hinkley Point C project with cement

05 November 2019, Published under Cement News

Hanson Cement (HeidelbergCement group) has agreed a new contract with GB Railfreight for seven years. The new deal will provide freight services for bulk cement from the Ketton works in Rutland, Lancashire, to terminals at London King's Cross, Avonmouth in Bristol and Mossend in Glasgow. GB freight will operate nine trains a week for cement deliveries in the UK for Hanson Cement which are in part for the construction of the Hinkley Point C nuclear power station. John Smith, managin...

Hanson Cement appoints new Technical Manager

09 October 2019, Published under Cement News

Nina Cardinal has joined Hanson Cement as its new national technical manager. Ms Cardinal heads up the division’s technical team, which offers customers advice, information and support on all cement and cementitious issues. Ms Cardinal previously worked at Tata Speciality Steels for more than 20 years, latterly as technical director responsible for a 70-strong team, before joining the University of Sheffield in 2016 as director of operations in the Faculty of Science. "I am delighted to jo...

European construction: set for continued growth?

23 September 2019, Published under Cement News

Following a buoyant 2017 and continued growth in 2018, the European construction market is expected to show modest growth this year. As a result, cement prices are expected to firm, easing the pressure on EBITDA margins of building material companies across the region. By Jean-Christophe Lefèvre-Moulenq, CM-CIC Market Solutions (ESN), France. In 2019, demand is forecast to increase by 1.4 per cent in western Europe After a particularly buoyant 2017, a sharp deceleration was expe...

Cemex UK invests in trailers for clay haulage

19 September 2019, Published under Cement News

Cemex UK has started using trucks with non-tipping belt trailers on its clay supply route between Southam Quarry and Rugby Cement plant. Thanks to the conveyor belt bed in the trailer, there is no need for the truck to tip the clay out, which ensures there is no risk of truck rollover or collision with buildings if the body is not lowered. In addition, the driver can control the process by remote control from inside the cab – further increasing safety and minimising potential risk. Using ...

Breedon appoints Clive Watson to its board

03 September 2019, Published under Cement News

UK-based Breedon Group has announced the appointment of Clive Watson to its board as an independent non-executive director of the company. Mr Watson was previously the group financial director of Spectris and is still currently serving as a non-executive director of DiscoverIE Group. According to a press release, he holds 35,000 ordinary shares (0.002 per cent of total voting rights) in the company.