JK Cement posted INR 217.28 crore in profit after tax for the third quarter that ended 31 December 2020, a 74.82% jump compared to INR 124.3 crore reported for the third quarter of 2019. The operational revenue of the Indian building material company for the third quarter was INR 1,832.7 crore, which is an increase […]
US building material company Eagle Materials has divested its Western Aggregates and Mathews Readymix operations for $93.5 million to California-based construction company Teichert. Western Aggregates vested-rights-to-mine spans 3,900 acres and includes more than 900 million tons of aggregates, while Mathews Ready Mix assets include three concrete batch plant locations along with 26 trucks. Michael Haack […]
Swiss building material company LafargeHolcim has purchased Kendall Group, an aggregates and ready-mix concrete manufacturer based in southern England for an undisclosed price as per the latest construction industry news. Last year, Kendall Group had registered net sales of about CHF33 million ($35.23 million). LafargeHolcim revealed that Kendall Group will be operated by its subsidiary […]