Displaying items by tag: GCW289

Finland: Logistics company RL-Trans has ordered a Dino DS400 mobile bulk truck loader. The loader has loading bellows and a capacity of 90m³/hr. The Dino can be used to fill 53t into extra-large bulk trucks, such as those used in Finland, within two hours. Following the completion of a bulk terminal RL-Trans wanted to be able to deliver packed bulk goods. It then made the order via screw conveyor manufacturer Van Beek based in the Netherlands.

India: Birla Corporation has blamed demonetisation for falling cement sales in the quarter to 31 December 2016. The Indian cement producer reported that the revenue from its cement business declined by 3% to US$113m in the quarter to 31 December 2016 from US$117m in the same period in 2015. It blamed this on currency shortages negatively affecting rural construction and a localised embargo on sand and aggregate mining, according to the Economic Times newspaper. For the nine months to 31 December 2016 it said that its income had risen slightly year-on-year to US$415m from US$412m in the same period in 2015. Its net profit more than doubled to US$23m from US$9.3m.

Denmark: FLSmidth’s revenue for its cement division has risen by 10% year–on-year to Euro576m in 2016 from Euro526m in 2015. Its order intake rose by 63% to Euro615m from Euro377m. The equipment manufacture said that orders had picked up in the second half of 2016. Although it added that the market for new cement capacity remains largely unchanged with supply outweighing demand on a global level. Overall, both order intake and revenue declined for the company as a whole in 2016.

"After a weak first half, activity picked up, finishing the year on a strong note. Rising commodity prices positively impacted sentiment in the mining industry in 2016, although it has yet to translate into higher capital investments. The cement industry is showing early signs of recovery," said Group chief executive officer Thomas Schulz.