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Solid or soupy? A look at the global concrete industry
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Following a report from the UK showing sinking concrete demand regionally, how is the rest of the world shaping up?
Votorantim Cimentos targets 60% capacity hike and CO2 cuts in Brazil expansion
US$60m investment to expand and modernise two plants includes new mill, logistics upgrades, and tire co-processing.
OEM targets growth in Latin America with new dealer
US-based OEM announces new equipment dealer in Colombia 
US pulls funding for US$2.4bn Hawaii space telescope
Funding has fallen through on the plan to build a massive telescope and observatory in Hawaii
France to build €400m prison in French Guiana for most dangerous criminals
France’s justice minister announces project on visit to French territory
Contract for one of Chile’s largest infrastructure projects
Project will include the construction of four stations, maintenance workshops, train depots, and road crossings
Revealed: World’s most expensive cities to build in
Labour shortages, high demand, and regulatory complexity continue to drive up building costs in Europe and North America
Sany IPO targets growth as overseas sales outpace domestic market
OEM plans Hong Kong exchange listing amid weak China demand, surging growth in Africa, Asia-Pacific
Italian contractor in line for $147m payout from Argentina after decade-long dispute
A tribunal has ordered Argentina to pay $147 million to Italian contractor Webuild, following a decade-long dispute over a highways project
CNH Q1 construction results reflect market pressure
The company forecasts that global retail sales in the agriculture and construction equipment markets will be lower in 2025 compared to 2024
Caterpillar reports Q1 construction sales decline across all regions
Caterpillar has reported a 19% year-on-year drop in construction equipment sales for Q1 2025, with declines across all regions
Sales up for Sany as it focuses on globalisation
Sany has reported 2024 revenues of US$10.88 billion, with international markets accounting for 64% of its core business, a 12% increase year-on-year
‘First of its kind’ low carbon and cement ratings system launched
The GGCA has launched a global low carbon ratings system for cement and concrete
Sales down for Volvo CE amid “increased geopolitical and market uncertainty”
Sales up in some markets but down in others for first quarter of 2025
Acciona to build and operate 300km-long power transmission line in Peru
Spanish infrastructure company Acciona has won a deal to design, finance, build, operate and maintain a 330km-long power transmission line in Peru
Mecbo introduces tracked concrete pumps to Americas
Mecbo is launching two tracked concrete pump machine in the Americas
Novo Nordisk to spend $1.1bn to expand Brazilian plant
Danish drug company Novo Nordisk has announced plans to invest 6.4 billion reais (US$1.1 billion) to expand production at a manufacturing plant in Brazil.
Saipem secures offshore contracts worth US$720m in Middle East and Guyana
Saipem will perform the operations by using a variety of construction and support vessels
Wacker Neuson eyes 2025 turnaround after 15% revenue drop in 2024
OEM cites full dealer stocks and weak demand for sharp decline but points to early signs of recovery and strategic cost-cutting efforts
German OEM Atlas expands with Brazil deal
Equipment deal to help São Paulo company JT & Partners Ferrovias as it targets scrap metal market
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