Cement News tagged under: Saint-Gobain

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Saint-Gobain to acquire Adfil NV

28 September 2023, Published under Cement News

Saint-Gobain has entered into an agreement to acquire Adfil NV, a specialist in fibres for concrete reinforcement. Adfil operates two plants in Belgium and generated revenues close to EUR40m in 2022. In addition to Chryso and GCP’s admixtures, Adfil’s performance fibres contribute to the reduction of reinforced concrete’s CO 2 footprint, the improvement of lead times and productivity for construction projects, and an increased lifespan for concrete. Adfil will be consolidated within Saint...

Saint-Gobain sales up 5% YoY in 1Q23

16 May 2023, Published under Cement News

Saint-Gobain has reported “solid” sales growth in the opening three months of 2023 with like-for-like sales up 4.7 per cent to EUR12,406m, compared to EUR12,007m in the same period a year earlier. According to the company, prices were up 10.2 per cent over the 1Q23, driven by price increases implemented in 2022 and certain additional measures taken locally at the start of 2023, which generated a positive price-cost spread overall. Volumes were down 5.5 per cent due to a moderate market slo...

WBA claims few science-based biodiversity assessments are carried out

06 December 2022, Published under Cement News

The World Benchmarking Alliance’s (WBA) new Nature Benchmark has analysed around 400 companies on their operations impact on nature and biodiversity, including many from the construction and mining sector.   The top 10 construction material companies have been ranked 1-10 for their reduced impact on nature and biodiversity: 1. Holcim , 2. CEMEX , 3. Siam Cement Group , 4. Owens Corning, 5. CRH , 6. Cementos Argos , 7. Heidelberg Materials , 8. Saint-Gobain , 9. Asia Cement Corp ,...

New president of Saint-Gobain's North American construction materials division

21 October 2022, Published under Cement News

Following 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 and Ecocem join forces to speed up delivery of low carbon products

06 October 2022, Published under Cement News

Saint-Gobain and Ecocem have announced a major partnership focused on accelerating the delivery of low carbon products to market. Designed to reduce CO 2 emissions from cement, mortar and concrete, these products will support the acceleration of the construction industry’s transition to a low-carbon economy. Commenting on the partnership, Benoit Bazin, chief executive officer of Saint-Gobain, said, “As the worldwide leader in light and sustainable construction, Saint-Gobain develops in...

Saint-Gobain acquires GCP Applied Technologies

29 September 2022, Published under Cement News

Saint-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. ...

Saint-Gobain and Cementos Argos create joint venture

10 December 2021, Published under Cement News

Saint-Gobain and Cementos Argos have entered a joint venture agreement to develop mortar solutions.  The partnership will combine Saint-Gobain’s mortar technology with Argos’ strong leadership and local presence. The aim is to offer a wide range of solutions across Colombia to accelerate the evolution of the construction market towards a more professional and sustainable future, creating employment and long-term value for all stakeholders.   This project will strengthen the leadership...

Saint-Gobain completes Chryso acquisition

04 October 2021, Published under Cement News

Saint-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...

USA: Saint-Gobain sells Its fibre cement business

20 December 2013, Published under Cement News

Saint-Gobain has signed an agreement for the sale of its US-based Fibre Cement business to Plycem USA, a subsidiary of Elementia of Mexico in which Lafarge holds 47 per cent of shares in its 2Mta Cementos Fortaleza plant. This business is part of Saint-Gobain's Exterior Products activity of the construction products segment. It manufactures and sells fibre cement siding, trim and accessory products for the US and Canadian residential and commercial construction markets. The business employs...