Cement News tagged under: Building Materials
Saint-Gobain in advanced talks to acquire CSR Ltd22 February 2024, Published under Cement NewsSaint-Gobain has approached the board of CSR Ltd, a leading Australian building materials company listed on the Australian Securities Exchange, with a non-binding indicative offer to acquire all of CSR’s issued share capital by way of a scheme of arrangement at an offer price of AUD9.00 (US$5.90) cash per share. Under Saint-Gobain’s proposal, CSR would be entitled to pay a final dividend of up to AUD0.25 per share for its financial year ending 31 March 2024, which would be deducted from the... |
Management changes at Vulcan Materials21 September 2023, Published under Cement NewsTom Baker, previously Vulcan Material’s chief operating officer, has been appointed to the position of president, effective immediately. In this role, Mr Baker will continue to lead enterprise-wide strategic initiatives and support and advise the company's senior leadership team, reporting to Tom Hill, chairman and CEO. “Tom has a deep understanding of the construction materials industry. Vulcan—and particularly our talented management team—will continue to benefit from his valuable ex... |
Holcim acquires FDT Flachdach Technologie GmbH17 February 2023, Published under Cement NewsHolcim has signed an agreement to acquire FDT Flachdach Technologie GmbH (FDT), a leading manufacturer of thermoplastic roofs with a strong presence in fast-growing European markets with 2022 net sales of EUR50m. As a technology and sustainability leader in its sector, FDT will complement Holcim’s integrated roofing offer and strengthen the geographical footprint of the business. With this acquisition, Holcim roofing systems will exceed US$4bn in net sales ahead of schedule, accoridng to t... |
Holcim expands presence in US roofing market25 January 2023, Published under Cement NewsHolcim has acquired a state-of-the-art fibreglass mat facility in Maryland, USA, from an affiliate company of Maryland Paper. This transaction expands Holcim’s technology platform for high-performing and durable roofing systems. By integrating fibreglass mat into its business, Holcim aims to deliver more value for its customers with an enhanced supply chain. According to the company, this investment supports Holcim’s expansion in the fast-growing US$45bn North America roofing market. Ja... |
Holcim acquires Wiltshire Heavy Building Materials07 October 2022, Published under Cement NewsHolcim has acquired UK-based Wiltshire Heavy Building Materials, a leading building solutions and material circularity company with net sales of over CHF20m (US$20.2m) in 2021. Driving circular construction, Wiltshire recycles 150,000t of construction and demolition waste (CDW) each year into aggregates and concrete with its state-of-the art material recovery system. Miljan Gutovic, region head EMEA at Holcim, says, "I am excited about the acquisition of Wiltshire, to advance our globa... |
Holcim buys Polymers Sealants North America05 October 2022, Published under Cement NewsHolcim has completed the acquisition of the Polymers Sealants North America (PSNA) division of Illinois Tool Works. PSNA is a leader in coating, adhesive and sealant solutions with 2022 estimated net sales of USD100m. With more than 150 employees and manufacturing plants in California, Arizona, Texas, Georgia and Massachusetts, PSNA will accelerate the growth of Solutions & Products, especially in waterproofing and coatings. PSNA’s innovation-driven approach is highly complementary t... |
Ibstock and Earth Friendly Concrete form partnership28 September 2022, Published under Cement NewsIbstock, a UK leading manufacturer of clay and concrete building products, and Earth Friendly Concrete (EFC) have entered into a new partnership to create ultra-low carbon concrete products. This partnership supports Ibstock’s ambitious ESG targets. Having recently launched its ESG Strategy to 2030, Ibstock is committed to ‘Manufacture Materials for Life’ and improving the environmental performance of its products. Its milestone 2030 target is to achieve 20 per cent of sales turnover reve... |
Breedon appoints Managing Director of GB Contracting12 January 2021, Published under Cement NewsBreedon Group has appointed James Haluch as managing director of its GB Contracting business. He will join in March and will report to the group's chief executive. Mr Haluch has been MD of Highways & Waste Collections at Amey for the last five years. In all, he has nearly 30 years' experience in the contracting and highway services industry, including senior positions with Mouchel and EM (Kier) Highway Services, where he established and led the strategic highways business. Pat Ward... |
MPA reports falling demand in GB for heavy-side building materials in 201906 February 2020, Published under Cement NewsDemand for heavy-side building materials in Great Britain, including aggregates, asphalt, ready-mixed concrete and mortar, has been weak throughout 2019, claims the Mineral Products Association (MPA). With demand failing to pick up again in the final quarter of the year, sales volumes for these materials were lower in 2019 compared to 2018, down 3.9 per cent for ready-mixed concrete, -2.2 per cent for aggregates, -1.7 per cent for mortar and -0.8 per cent for asphalt. Declining markets pro... |
MPA reports sluggish 1Q19 sales of building materials in the UK07 May 2019, Published under Cement NewsSales volumes of mineral products across markets including aggregates, asphalt, ready-mixed concrete (RMC) and mortar declined in the UK in 1Q19, reported the Mineral Products Association (MPA). Seasonally-adjusted sales volumes for aggregates had the sharpest decline, down 4.2 per cent compared to the previous quarter, followed by RMC (-4 per cent), mortar (-2.8 per cent) and asphalt (-1.9 per cent). The MPA figures are in line with reports from the Office for National Statistics, which ... |