Cement News tagged under: CHRYSO
Saint-Gobain to acquire FOSROC28 June 2024, Published under Cement NewsSaint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately-owned global construction chemicals player for US$1025m in cash. Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain’s worldwide presence in construction chemicals, which will have combined sales of EUR6.2bn across 73 countries following the acquisition (pro forma). FOSROC is a global ... |
Chryso & GCP optimise service and production capacities in North America29 June 2023, Published under Cement NewsChemical additive producers Chryso & GCP (Saint-Gobain Construction Chemicals) have announced significant projects across North America to optimise services and extend production capabilities to new regions for its customers. To deliver the newly combined product solution portfolio to regions of North America where they are needed the most, the integration of manufacturing both CHRYSO and GCP products is underway. The first completion is the company’s Royse City, Texas plant, which now manu... |
New president of Saint-Gobain's North American construction materials division21 October 2022, Published under Cement NewsFollowing the acquisition of GCP Applied Technologies by Saint-Gobain, GCP’s Specialty Construction Chemicals (SCC) segment will integrate with Chryso within the new Construction Chemicals Business Unit, part of the High-Performance Solutions division of Saint-Gobain. Steve Williams, formerly president of Chryso North America, has been appointed president of the Construction Chemicals Business Unit for North America and will run the combined North American business. As part of the ... |
Saint-Gobain acquires GCP Applied Technologies29 September 2022, Published under Cement NewsSaint-Gobain has acquired all of the outstanding shares of GCP Applied Technologies for US$32/share, in cash, in a transaction valued at approximately US$2.3bn. GCP will delist from the New York stock exchange. The business combination has been unanimously approved by the Boards of Directors of Saint-Gobain and GCP Applied Technologies respectively. “Saint-Gobain is an ideal strategic partner with a worldwide presence in the construction chemicals market,” said GCP Applied Technologies. ... |
Chryso appoints new group executive vice-president14 February 2022, Published under Cement NewsFrédéric Guimbal has been appointed Chryso Group Executive Vice-president in charge of Markets, Innovation, Purchasing and Communications. Mr Guimbal led the Concrete business Unit at Chryso in 2021 and now joins the Chyrsos’ Comex team. Frederic Guimbal brings 17 years of industry experience in cement and concrete, being close to the field, and having managed these activities in various geographies both in mature end emerging countries. |
Saint-Gobain completes Chryso acquisition04 October 2021, Published under Cement NewsSaint-Gobain has confirmed that it has closed the acquisition of Chryso. The acquisition will see Saint-Gobain enter the concrete formulation market and chemical additives for the reduction of CO 2 emissions in the cement and construction sectors. Chryso has achieved revenues of EUR400m and EBITDA of around EUR85m. Benoit Bazin, CEO of Saint-Gobain, commented: "The acquisition of Chryso is fully in line with our strategic vision of Saint-Gobain as a world leader in sustainable construct... |
Chryso acquires majority stake in APTEX15 October 2020, Published under Cement NewsThe Chryso Group has signed of an agreement to acquire a majority stake in APTEX, a Moroccan construction chemicals company. The Chryso brand has made construction chemicals for the Moroccan market for more than 30 years, while APTEX has been operating for two years in the country, and has a production unit and an application laboratory located in Casablanca. The Chryso-APTEX joint venture will provide cement manufacturers, concrete and precast producers, applicators, construction comp... |
Cemtech highlights latest advances in clinker reduction, ARM and new binder concepts23 September 2020, Published under Cement NewsThe second day's afternoon session of Cemtech 'Decarbonising the cement industry' virtual conference presented four innovative technology papers on clinker reduction, alternative raw materials and new binder concepts. FLSmidth’s Global Process Line Manager, Steven Miller, outlined why clay calcination is crucial for the cement industry to reduce is carbon footprint. "These projects have a lower capital investment than a new clinker line and produce a 'greener' product," said Steven M... |
Chryso acquires Chemtec Admixtures in Ireland04 October 2018, Published under Cement NewsChryso has announced that it has expanded its admixture business in Ireland with the acquisition of Chemtec Admixtures Ltd, which will provide a unique offering on the growing construction market in the country, according to a press release. Chemtec Admixtures has operated as the exclusive distributor of the company for over 13 years in Ireland, providing admixtures for concrete, demoulding oils and waterproofing agents, mainly to precast manufacturers. "The acquisition of Chemtec Admixtur... |
CEM-blanc is launched by Chryso subsidiary in South Africa23 August 2018, Published under Cement Newsa.b.e. Construction Chemicals has launched 'abe CEM-blanc', a new economical white cement which is being made available to the South African retail market. Elrene Smuts, communications manager for the Chryso Group, says abe CEM-blanc is a general-purpose white Portland cement that provides superior early-strength with added aesthetic and decorative opportunities offered by its colour tone, high strength and durability. Smuts says a.b.e.'s new imported product is compatible with a wide ra... |