Cement News tagged under: Saint-Gobain

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Saint-Gobain makes first move into Ecuador

19 December 2023, Published under Cement News

Saint-Gobain has entered into an agreement to acquire a majority stake in IMPTEK Chova del Ecuador, a leading player in the construction chemicals market in Ecuador, providing differentiated and innovative waterproofing solutions. This will be Saint- Gobain’s first manufacturing presence in the country. With expected revenues of around EUR30m in 2023, operating one plant in the region of Quito and employing about 120 people, IMPTEK is a leader in the Ecuadorian construction market, off...

Saint-Gobain signs power agreement in South Africa

12 December 2023, Published under Cement News

Saint-Gobain has signed a renewable electricity supply agreement (power purchase agreement or PPA) with CVE, an independent French renewable energy producer, to secure about 140GWh of solar electricity in South Africa, over a 20-year period. This PPA is expected to cover around 40 per cent of the electrical needs of Saint-Gobain’s four major industrial sites in the country, producing gypsum and mortars. The sites are located in Brakpan, Alrode and Germiston in the Gauteng region, as wel...

Saint-Gobain signs solar energy agreement

09 November 2023, Published under Cement News

Saint-Gobain has signed a 14-year renewable electricity supply agreement with Alpiq Energie France. The contract covers the purchase of electricity generated by two solar farms located in Moselle, northeast France. Alpiq Energie France will supply over 500GWh of solar electricity to Saint-Gobain over the course of the agreement. As a result, 11 Saint-Gobain plants in France will use 100 per cent solar electricity.  This contract is the third such agreement signed by Saint-Gobain in Fra...

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...