Cement News tagged under: aggregates
Breedon completes acquisition of Humberside Aggregates01 August 2017, Published under Cement NewsBreedon, the UK’s largest independent construction materials group, announced that it has today completed the acquisition of Humberside Aggregates Ltd (Humberside) for a total consideration of GBP9m, subject to completion adjustments. Humberside is a leading independent sand and gravel quarry and aggregates merchanting business based at North Cave near Hull in east Yorkshire, employing around 30 people. It supplies a broad range of customers, including ready-mixed concrete and mortar prod... |
Cemex: environmental savings for construction by barging25 July 2017, Published under Cement NewsAggregates being barged up the River Thames Last month was a record month for transporting aggregates by barge down the River Thames, UK, saving approximately 320 road journeys. June saw record tonnages by barge of 10,300t sand and gravel loaded at Dagenham Wharf and transported along the River Thames to Fulham, to meet the increasing demand for concrete by the London construction market. The tonnage represents the equivalent of approximately 320 road journeys by eight-wheeler HG... |
Martin Marietta Materials to acquire Bluegrass27 June 2017, Published under Cement NewsMartin Marietta Materials Inc and Bluegrass Materials Company announced that they have entered into a definitive agreement under which Martin Marietta will acquire aggregates company Bluegrass for US$1.625bn in cash. Bluegrass is the largest privately-held, pure-play aggregates company in the United States, with a portfolio of more than 125 years of high-quality reserves. Bluegrass operates 23 active sites across Georgia, South Carolina, Maryland, Kentucky and Tennessee, generating consolid... |
MPA publishes long-term aggregate demand and supply study for GB31 May 2017, Published under Cement NewsThe Mineral Products Association (MPA) has set out long-term aggregate demand and supply scenarios for Great Britain (GB) level until 2030. Launched at the joint Royal Town Planning Institute/Mineral Products Association Mineral Planning Conference held on 24 May at the NEC in Birmingham, the study aims to provide industry and industry stakeholders with indications of the potential volumes of aggregates that may be needed to satisfy future demand, reflecting the UK's needs for constr... |
Insee Aggregates selects Metso to supply aggregate processing plant24 May 2017, Published under Cement NewsInsee Aggregates, part of Siam City Cement Co, has selected Metso to supply a full-scope, state-of-the-art quarry processing plant for the Suphanburi Quarry in Thailand. The delivery covers all the advanced crushing and screening equipment, full electrical plant design, automation software and hardware, as well as related services and sustainable optimisation. The quarry has a large proven resource. After its completion, the plant will have an estimated production capacity of 2Mta. The in-... |
Martin Marietta boosted by Building Materials03 May 2017, Published under Cement NewsUS-based Martin Marietta yesterday announced record consolidated net sales of US$791.7m in the first quarter of 2017, up 7.9 per cent on the same period of last year. The company also said consolidated gross profit reached a high of US$147.1m in 1Q17 compared with US$145.3m a year earlier. EBITDA totalled US$147.7m in the first quarter of this year, it added. Commenting on the performance, Ward Nye, chairman, president and CEO of Martin Marietta, stated: "Our strong first-quarter resu... |
Cemex divests of its Pacific Northwest Materials business in the US18 April 2017, Published under Cement NewsCemex announced that one of its subsidiaries in the US has signed a definitive agreement for the sale of its Pacific Northwest Materials Business to Cadman Materials Inc, a LehighHanson company and US subsidiary of HeidelbergCement Group, for approximately US$150m. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The closing of this transaction is subject to the satisfaction of certain conditions, including approval... |
US Concrete acquires aggregates operation in New Jersey11 April 2017, Published under Cement NewsUS Concrete Inc announced yesterday that it has strengthened its aggregates capacity and ability to supply its New York City ready-mixed concrete operations by acquiring the assets of Corbett Aggregates Companies LLC, a provider of concrete sand located in Quinton, New Jersey. The acquisition furthers US Concrete's vertical integration strategy and self-sufficiency in internal aggregates consumption, the company noted. Corbett features approximately 401 acres of land with over 35Mt of pr... |
France: Daniel Group to buy Lafarge quarries24 May 2016, Published under Cement NewsDaniel Group is to buy three assets of Lafarge in France. The Baudreix-Mirepeix site comprises a 200,000tpa alluvial gravel quarry and a concrete plant. The agreement will also include the acquisition of the 350,000tpa Louvie-Juzon, an open pit limestone quarry, as well as a further concrete plant. These purchases add to the offer of the construction material specialist, which aims to broaden its customer base. With these acquisitions, the Daniel group owns 19 sites, reports Aggregate Resea... |
USA: Vulcan Materials sees 15.6% profit improvement04 May 2016, Published under Cement NewsVulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 15.6 per cent higher at US$754.7m while EBITDA doubled (+100.3 per cent) to US$155.9m. At the trading level, the first-quarter profit went from US$10.8m to US$64.9m and the net interest charge in the period dropped by 46.1 per cent to US$33.7m, giving a swing at the pretax level from a loss of US$50.7m to a US$30.5m profit and at the net attributable level the loss was replaced by a US$18.9m profit. Agg... |