Cement News tagged under: western europe
Sika completes MBCC acquisition04 May 2023, Published under Cement NewsSika has completed its acquisition of MBCC Group. Based in Germany and formerly owned by an affiliate of Lone Star Funds, MBCC Group is active in the field of construction systems and admixture systems. To close the transaction and to comply with regulatory requirements, Sika sold MBCC Group’s chemical admixtures assets in the UK, USA, Canada, Europe, Australia and New Zealand to the international private equity firm Cinven. The business now acquired by Sika generated sales of CHF2.1bn (U... |
Taiwan Cement Group plans green bond04 May 2023, Published under Cement NewsTaiwan Cement Group is planning to issue green bonds through its subsidiary in Europe, marking the first time the group has sold such bonds to finance environmentally-friendly projects. In a statement to the Taiwan Stock Exchange, Taiwan Cement Co (TCC) said its energy storage subsidiary NHOA SA in Italy will sell convertible green bonds with a maturity of five years, aiming to raise EUR250m (US$276m). In July 2021, through its subsidiary Taiwan Cement Europe Holdings BV, TCC acquired... |
Holcim and Air Liquide join forces to decarbonise new Obourg plant02 May 2023, Published under Cement NewsAir Liquide and Holcim have signed a Memorandum of Understanding (MoU) to pursue a project to decarbonise Holcim’s new cement production plant under development in Belgium, using Air Liquide's proprietary Cryocap TM carbon capture innovative technology. Thanks to Air Liquide’s unique carbon capture innovative technology, Holcim will be able to reduce emissions by up to 1.1Mta CO 2 . The new cement production plant announced will be replacing an existing asset. This partnership form... |
Heidelberg Materials supplies Europe's largest 3D printed building01 May 2023, Published under Cement NewsUsing a special 3D concrete printing material from Heidelberg Materials , the largest 3D printed building in Europe is currently being constructed in Heidelberg, Germany. Printing of the building began at the end of March 2023 and is expected to complete at the end of July 2023. Once completed, the commercial building by real estate company KRAUSGRUPPE, which will be around 54m long, 11m wide and 9m high, will house a data centre. Heidelberg Materials is supplying around 450t of i.tech®... |
CBR to change its name to Heidelberg Materials Benelux01 May 2023, Published under Cement NewsCBR ( Heidelberg Materials ) will see its name change on 22 November 2023. CBR will then officially become Heidelberg Materials Benelux. The Belgian company’s first trucks with the new logo are already on the roads. |
CRH supplies major highway project in Utah28 April 2023, Published under Cement NewsCRH is playing an integral part in the West Davis Corridor project in Utah, USA. The 27km (17-mile), four-lane greenfield highway project will include freeway-style interchanges and 10 miles of new trails for biking and walking. Construction of the corridor began in 2021 and will require 7.2Mt of aggregates, 445,000t of asphalt and 42,050m 3 (55,000 cubic yards) of ready-mixed concrete. Staker Parson Materials & Construction, a CRH company, is delivering key components to the project,... |
CRH shareholders back US listing27 April 2023, Published under Cement NewsCRH has confirmed that it will be pursuing a US primary listing, along with a US equity index inclusion “as soon as possible”, said the company. North America now accounts for around 75 per cent of the group's EBITDA and is expected to be a key driver of growth in the future. “We believe a US primary listing will bring increased commercial, operational and acquisition opportunities for our business, further accelerating our successful integrated solutions strategy and delivering even h... |
Heidelberg Materials acquires The SEFA Group Inc27 April 2023, Published under Cement NewsHeidelberg Materials has agreed to acquire The SEFA Group, Inc, the largest recycler of harvested fly ash for use in concrete products in the USA. Based in Lexington, South Carolina, The SEFA Group currently supplies fly ash to over 800 concrete plants across 13 states. According to Heidelberg Materials, the reuse of fly ash from energy generation in alternative products such as composite cements strengthens circularity within its value chain with the addition of fly ash as secondary... |
Breedon reports positive 1Q trading update27 April 2023, Published under Cement NewsBreedon Group plc posted a positive trading update for the first quarter of 2023. It attributes the good result to its dynamic pricing strategy, which allowed the group to recover costs and offset expected volume softness. Revenue saw a 10 per cent advance YoY, or by seven per cent on a like-for-like basis (adjusted for the impact of acquisitions and disposals). Breedon’s CEO, Rob Wood, said ”Our performance in the first quarter demonstrates the resilience and flexibility of our team an... |
Patrick Vericel becomes majority shareholder of MLT Minet Lacing Technology27 April 2023, Published under Cement NewsPatrick Vericel has become the new majority shareholder of the MLT Group Conveyor solutions company, MLT Minet Lacing Technology, based in Saint-Chamond, France, has announced that one of its CEOs, Frédéric Guillemet, was leaving the company and confirmed that his co-partner, Patrick Vericel, will stay on as the majority shareholder. Founded in 1947, the company was acquired in 2017 by Patrick Vericel and Frédéric Guillemet, who each owned 50 per cent of it. Four years later,... |