On 23 May 2011, the foundation stone was laid at BHS-Sonthofen for the new administration building and a new warehouse was inaugurated. The new building will provide 90 employees with a modern working environment and will have enough spare capacity for further growth of the company. With this investment BHS is responding to the continuously increasing order volume.
Moody’s Investors Service raised HeidelbergCement’s Corporate Family rating to ‘Ba1’ from ‘Ba2‘ and the senior unsecured long term rating to ‘Ba2’ from ‘Ba3’.
The government risks failing to achieve emissions reduction targets despite its ambition, according to a statement from the Confederation of British Industry (CBI).
On 26 – 27 May 2011 the European Quality Association (EQAR) held a congress on the subject ‘Recycling of Building Materials in Europe’. In the presence of numerous participants from many EU member states Manfred Wierichs, President of EQAR, demanded to make intensified efforts for reaching more efficiency of resources in the field of mineral building materials.
The cement plant in North Lincolnshire has reported a record 100% alternative fuels usage to heat its kiln.
A new geographic information system (GIS) at Hanson Australia has been used as the test case for an international roll-out across the global operations of parent company HeidelbergCement.
In the UK, the Mineral Products Association (MPA) is warning that proposals for the accelerated reduction of carbon emissions made in the fourth report of the Climate Change Committee and accepted by government are in danger of reducing the competitiveness of energy intensive industries in the UK.
Building on a long-lasting partnership, Novoroscement has awarded FLSmidth a contract worth €55 million.
Titan Cement Co SA posted a first-quarter net loss as construction activity declined and the euro slumped.
Lafarge has reduced its growth forecast following a drop in its first quarter earnings. The results have been attributed to inflation and recent political unrest in Egypt
CRH plc has announced improved revenues for the first two months of 2011 on last year’s level, due to more favourable weather.
Despite not meeting sales expectations, Indian entities show strong growth.
French cement manufacturer Lafarge is reportedly gaining attention from buyout firms interested in its gypsum division.
Cementos La Unión, Spain, has commissioned the fastest HAVER packing machine in the world.
Consistent with Italcementi programs to grow the Group energy business primarily in areas where its cement production operations are located, Italgen has reached an agreement with Enerjisa to sell its Italgen Elektrik Uretim subsidiary.