All Construction Articles

Hitachi launches remanufactured components in Europe
Recycling could almost halve replacement component costs for customers, compared to new spare parts.
JV wins New York tunnelling project
A US$ 659 million railway tunnel contract has been won by a joint venture comprised of Granite Construction Northeast, Traylor Bros. and Frontier-Kemper Constructors.
Fines for Finnish asphalt cartel
Finland's Supreme Administrative Court (SAC) has handed down fines totalling € 82.55 million to seven companies found guilty of operating a nation wide asphalt cartel between 1994 and 2002.
New managing director for JCB in France
JCB SAS has appointed Olivier Deneufbourg as its new managing director in France
Mabey and Johnson fined for corruption
Mabey and Johnson has been fined UK£ 3,5 million (€ 3,8 million) for paying bribes overseas and breaching UN sanctions.
Work starts on ‘sunken' hotel
Construction work has begun on the Songjiang Hotel, a 'sunken hotel' being created in a 100m-deep water-filled quarry in Songjiang near Shanghai, China.
Demand for gypsum in North America to exceed 47 million tonnes in 2013
Demand for gypsum and gypsum products in North America could reach 47.7 million tonnes in 2013, according to research company The Freedonia Group.
Indian chimney collapse kills up to 100 workers
Up to 100 workers feared dead following the collapse of a giant chimney under construction at the Balco power plant in Korba, India.
Boart Longyear to repay loan with share issue
Boart Longyear shareholders have approved the conditional placement of over 850 million shares in a bid to raise US$ 193 million.
UK’s Barratt plummets to loss
Barratt developments reported annual sales to the end of June of UK£ 2,2 billion (€ 2,5 billion), down -35,7% on the UK£ 3,5 billion (€ 3,8 billion) recorded last year.
World Bank loans for Indian infrastructure
The World Bank has approved US$ 4.3 billion in loans for infrarstructure construction in India.
Argentina to receive US$ 120 million road loan
The IDB is to loan Argentina US$ 120 million loan to finance road improvements and maintenance works.
New agreement to spur economic development along Mekong River
Ministers from the six nations sharing the Mekong River have agreed to accelerate development of three priority economic corridors in the region: the East-West, North-South and Southern economic corridors.
Jacobs wins contract for NDOT I-15 South Design-Build project
Jacobs Engineering Group has won a contract to lead design efforts on the I-15 South Design-Build Project for the Nevada Department of Transportation.
Trevi wins Kazakhstan oil contract
Trevi Group, through its subsidiary Drillmec, has been awarded a € 100 million contract to supply oil drilling equipment to Saipem.
Sama Dubai loan to be paid by Dubai Holding
Dubai Holding will pay off a three-year US$ 300 million loan facility taken out by Sama Dubai.
European construction output continues to slow
Construction output in the 27 EU countries was down by 11,1% in July 2009 compared to 12 months ago according to Eurostat.
Dam fire kills two
A fire in the north bank power station of the Kariba dam in Siavonga, Zambia has claimed the lives of two workers.
Kier optimistic about 2010
Kier Group reported annual sales of UK£ 2,1 billion (€ 2,3 billion), down -9,4% on the UK£ 2,3 billion (€ 2,5 billion) recorded last year.
UK contractors hit with bid-rigging fines
Following investigations started in 2004, the UK’s Office of Fair Trading has fined 103 contractors for collusion and anti-competitive bid-rigging.
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