Rental company confidence worldwide has taken a significant hit following the banking/credit crisis, with the latest IRN Rental Confidence Survey finding that half of all surveyed companies will invest less in equipment next year and one in ten will close depots.
Do you shout at the television or radio when so called experts tell you what the current financial situation means? Are you sick of the gloom and doom? Or are you sure it's going to get a lot worse before it gets better?
HeidelbergCement and Italcementi have signed an agreement that will see the two companies jointly develop photocatalytic products. Photocatalytic cements use a special binder that destroys pollutants in the presence of light, making them both self-cleaning and pollution reducing.
Two Italian Ragno Palazzani telescopic booms have been uses in the construction of Atlas, the detection element of the huge particle acceleration experiment, which will take place at CERN (European Organisation for Nuclear Research) in Geneva, Switzerland.
There was little change at the top of the Yellow Table – iC’s ranking of the world’s 50 largest construction equipment manufacturers – in 2007, but various acquisitions made for movement further down. Chris Sleight reports.
Demand for construction machinery in China is projected to increase +12.7% per annum through 2011 to CNY 181 billion (US$ 25.9 billion), outpacing gains in most other regions of the world, according to Construction Machinery in China, a new study by the US-based Freedonia Group.
The 2008 edition of the Yellow table from International Construction shows Caterpillar still firmly at the top of the global construction equipment market, followed by Komatsu and Terex. The Yellow Table is a ranking of the world's top 50 construction equipment manufacturers, based on 2007 revenues.