Europe & CIS

HeidelbergCement has sold 50% of its Georgian business to local investment company, Cement Invest, for €115 million.

Buzzi Unicem has announced its results for the period ending 30 September 2017.

Despite rising costs, the UK construction industry has showed continued growth.

Cementir continued to reap the benefit of acquisitions made last year, announcing cement sales up 26.2% in 3Q17.

HeidelbergCement saw cement and clinker sales up 2% in 3Q17 on positive reports from all geographies except North and East Europe and Central Asia.

The British Marine Aggregate Producers Association and The Crown Estate have published new guidance on marine aggregate extraction.

Titan Group faced extreme weather in the US and challenging markets elsewhere in 3Q17, but remains positive over the year to date on US growth.

HeidelbergCement used a Liebherr crane to install its new, 68 m rotary kiln system.

BUEMER Group has appointed Guido Hesse as head of its customer support.

UK construction companies are at their most pessimistic since December 2012, according to a recent survey, highlighting the challenging conditions now facing the industry.

UK demand for construction mineral products was lower in 3Q17 for all materials except mortar.

BillerudKorsnäs has appointed Petra Einarsson as its new President and CEO.

LafargeHolcim reported a solid rise in like-for-like cement sales in 3Q17, while earnings benefitted from growth in the Americas and Europe.

RHI Magnesita has announced its admission to the London Stock Exchange.

Hanson has appointed a new General Manager of its packed products business.