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Displaying items by tag: readymix concrete
India: The Kerala state government’s Goods and Services Tax Department has uncovered alleged tax evasion in the state’s ready-mix concrete sector worth US$1.15m. The Hindu newspaper has reported that authorities raided 49 locations and discovered total hidden transactions worth US$6.46m.
Fletcher Building publishes first-half 2025 financial year results
19 February 2025New Zealand: Fletcher Building has reported its financial results for the first half of its 2025 financial year, which began on 1 July 2024. The group recorded sales of US$2.05bn, down by 7% year-on-year from US$2.21bn, and negative earnings before interest and taxation (EBIT) at a loss of US$14.9m. It previously recorded a positive EBIT of US$44.1m in the corresponding first half of its 2024 financial year.
Fletcher Building’s Concrete division’s sales fell by 5% to US$307m and its EBIT fell by 30% to US$28.1m. The division’s capital expenditure targeted ‘asset renewal, quarry extensions and key in-flight initiatives,’ including the commissioning of Firth Industries’ new Auckland ready-mix concrete plant. Firth Industries underwent an overall ‘continued reduction’ in production and truck resources, in line with a reduction in its volumes.
River’s Edge Concrete to build ready-mix plant in Savage
12 February 2025US: The city council of Savage, Minnesota, has approved an interim-use permit for River's Edge Concrete’s upcoming ready-mix concrete plant in the city. The company plans to establish a 61,100m3/yr plant in the Prior Lake Aggregates gravel pit. Local press has reported that the interim-use permit will allow it to produce up to 22,900m3/yr of ready-mix concrete at the site.
Nuvoco Vistas launches second Nagpur ready-mix concrete plant
10 February 2025India: Nuvoco Vistas has commenced operations at its second, 90m³/hr ready-mix concrete plant in Nagpur, Maharashtra. Realty+ News has reported that the plant will receive raw materials from quarries in nearby Hingna and Panchgaon. It will supply the Nagpur market with Nuvoco Vistas’ Artiste decorative, Concreto high-strength, EcoDure reduced-CO2 and InstaMix bagged concretes.
A&L McCrae commissions new ready-mix concrete plant in Argyll
31 January 2025UK: A&L McCrae has commissioned its second ready-mix concrete batching plant at Barrachander quarry in Argyll, Scotland. West Coast Today News has reported that the producer already operates five aggregates sites. It employs 21 people in its ready-mix concrete business, and is seeking to hire 15 more.
A&L McCrae says that its next move will be to establish a third ready-mix concrete plant at Achnaba quarry in Lochgilphead.
Heidelberg Materials North America locks out 44 workers at British Columbia concrete plants amid contract dispute
31 January 2025Canada: Heidelberg Materials North America has locked out 44 employees of its concrete plants in Kamloops, Kelowna, and Penticton, British Columbia, amid unresolved labour negotiations. Castanet News has reported that the workers’ union says it is waiting for dates for a mediation by the provincial Labour Board.
Heidelberg Materials North America Director of Communications Jeff Sieg said "Heidelberg Materials has been in negotiations, unfortunately, attempts to reach a fair and competitive labour agreement have been unsuccessful. Heidelberg Materials remains committed to finding a path forward and is hopeful continued discussions at the bargaining table will enable us to reach a fair and mutually agreeable offer."
US: Hilltop Basic Resources says it will discontinue operations at its Downtown Cincinnati ready-mix concrete batching plant by the end of January 2025. The Enquirer newspaper has reported that the producer will subsequently open a new plant 6km away in Cincinnati Riverside, completing its relocation there later in 2025. The former Downtown site will become a car park in service of local sports and music venues.
BPGC Management acquires majority stake in PB Materials Holdings
28 January 2025US: BPGC Management has acquired a majority stake in ready-mix concrete and aggregates producer PB Materials Holdings. PR Hub News has reported that BPGC Management serves the South East New Mexico and West Texas markets.
Azerbaijan raises concrete production in 2024
22 January 2025Azerbaijan: Ready-mix concrete production was 5.02Mt in 2024, up by 12% year-on-year from 2023 levels, Azer-Press News has reported. Production of precast concrete elements also grew, by 41% year-on-year, to 46,300m3.
Cemex supplies ready-mix concrete for Tel Aviv’s W Tower
17 January 2025Israel: Cemex has supplied concrete for the construction of the residential W Tower in Tel Aviv, including 3800m³ of ready-mix concrete in the building’s foundations. Noticias Financieras News has reported that Cemex developed a special concrete mix for use in the 156m-high building, and replaced conventional pumps and cranes with a third-floor fixed pump during construction.