Displaying items by tag: precast
Holcim Argentina acquires Tensolite
05 April 2024Argentina: Holcim Argentina has paid US$28.5m to acquire Tensolite, a producer and supplier of precast and prestressed concrete products such as concrete blocks, fences, tiles and paving stones. This move aims to diversify its domestic product portfolio in response to the ‘significant’ decline in local cement dispatches.
The acquisition is valued at US$28.5m, according to The National Securities Commission has reported that Holcim will pay US$19m upon closure of the transaction and another US$6.65m 12 months thereafter. The remaining US$2.85m will be due in five equal annual instalments.
Christian Dedeu, CEO of Holcim Argentina, said “In March, we recorded a 40% year-on-year drop in dispatches, according to the Portland Cement Manufacturers Association. The decision to expand our product range is key to mitigating the sharp drop in sales.”
The deal includes integrating two precast and prestressed concrete plants located in Los Pocitos (Tucuman) and Río Segundo (Córdoba), and adding over 150 employees to Holcim Argentina's workforce. The acquired plants have a total production capacity of 12m concrete blocks per year and 14Mm/yr of concrete beams. Holcim aims for 30% of its revenue to come from non-cement construction services by 2025.
UNACEM acquires Prefabricado Andinos outright
06 February 2024Chile: UNACEM has gained full ownership of precast concrete company Prefabricados Andinos. The group said that it completed the acquisition of the outstanding 50% stake in the company on 6 February 2024.
Holcim acquires majority stake in Arterpref
12 January 2024Spain: Switzerland-based Holcim has acquired a majority stake in precast concrete systems producer Arterpref. Holcim says that Artepref’s smart design systems combined with its own range of low-carbon and circular solutions will help Spain’s fast-growing construction sector to build better with less.
Holcim’s Europe regional head Miljan Gutovic said “Fully in line with our strategy, this expands our range of innovative and sustainable solutions in high-growth markets.”
Romcim acquires Bauelemente
04 August 2023Romania: CRH subsidiary Romcim has acquired precast concrete producer Bauelemente from Michael Dietrich. Bauelemente operates plants at Aricestii Rahtivani in Prahova County, Bolintin in Ilfov County and Cristian in Sibiu County. The company will continue to operate under the new branding 'Bauelemente, a CRH company.' Romcim now controls six precast concrete plants, with 500 employees.
Romcim's building materials general manager Monica Tudor said "We are happy to welcome our new Bauelemente colleagues to Romcim and the CRH family."
Ecocem to supply ACT alternative cement to POINT.P
13 July 2023France: Ireland-based Ecocem has entered into a new agreement with Saint-Gobain's France-based concrete subsidiary POINT.P. Under the agreement, Ecocem will supply its ACT alternative cement for use in POINT.P's precast and ready-mix concrete production. Ecocem said that the partnership is an opportunity for it to develop and market new low-carbon binders.
Ecocem executive director Olivier Guise said "This partnership with POINT.P is a natural extension of the alliance announced with the Saint-Gobain Group in October 2022. The shared objective is to accelerate the widespread deployment of low-carbon cements in France, both in the ready-mix concrete and precast concrete markets. By paving the way for the replacement of current traditional cements with ACT technology, our partner POINT.P has a real opportunity to meet its ambitious carbon reduction targets by 2030. We are firmly committed to this partnership and to working with a partner who shares our ambitions for rapid decarbonisation of the construction industry."
Ecocem is 25% owned by France-based Saint-Gobain.
Master Builders Solutions to supply 11,000t of concrete admixtures for Fehmarnbelt Tunnel project
03 July 2023Denmark/Germany: US-based Master Builders Solutions has won a contract to supply admixtures for use in the Fehmarnbelt Tunnel project. The project will build a 17.6km immersed tunnel between the islands of Fehmarn in Germany and Lolland in Denmark. It will directly connect Germany via a double-track railway and four-lane motorway to eastern Denmark and the Scandinavian Peninsula beyond. This will reduce rail travel time between Hamburg in Germany and Copenhagen in Denmark by 35% to 3 hours 15 minutes. The tunnel will consist of 79 standard 217m-long precast elements, and a further ten 85.7m-long service elements. The latter include a subfloor sections in addition to the tunnel's four tubes. Master Builders Solutions says that it will supply 11,000t of admixture to produce a total 3Mm3 of concrete required for the project. The supplier said that its admixtures will help concrete to meet specifications in line with the Fehmarnbelt Tunnel's projected 120-year lifespan. Master Builders Solutions has collaborated with contractor FLC to develop a new MasterEase superplasticiser for use in the project.
Master Builders Solutions Denmark technical manager Jens Qvist said "This has been an incredibly exciting process, requiring very close collaboration with both our own European colleagues and FLC’s Danish and international concrete experts."
Finland: VTT Technical Research Centre subsidiary Carbonaide has concluded its seed funding round, having raised funds worth Euro1.8m. Lakan Betoni, which produces precast and ready-mix concrete, led the funding, along with utilities provider Vantaa Energy. Carbonaide will use the funds to build an industrial pilot plant for its carbon neutral precast concrete product at an existing precast concrete plant in Hollola. The plant will bind captured CO2 in the product at atmospheric pressure. The process generates 50% lower CO2 emissions than precast concrete production using ordinary Portland cement (OPC). Suitable raw materials include ground granulated blast furnace slag (GGBFS), green liquor dregs and bio-ash. In trial production, the use of GGBFS gave Carbonaide's concrete a negative carbon footprint of -60kg/m3.
Other sources of loans and in-kind contributions included Finnish state innovation fund Business Finland.
Holcim acquires HM Factory
16 March 2023Poland: Switzerland-based Holcim has acquired precast concrete producer HM Factory. HM Factory supplies precast concrete products manufactured in Poland to the Scandinavian export market. It employs 70 people across its operations.
Holcim’s Europe regional head Miljan Gutovic said “HM Factory is a perfect complement to our existing operations, offering multiple technological and raw material synergies. I look forward to welcoming the employees of HM Factory, whose expertise will be invaluable in accelerating green growth, especially in highly efficient modular construction.”
Construction of new precast concrete plant in Cercado Province
16 December 2022Bolivia: Construction of an upcoming 237,000m3/yr precast concrete plant in Uru Uru, Cercado Province, commenced on 13 December 2022. The plant will cost US$2.22m and have the capacity to produce 23,000 concrete paving blocks per day.
Southeast University develops coral-based concrete
12 December 2022China: A team at Southeast University has developed an alternative concrete that contains 8% cement. It uses coral reef limestone fragments and biodebris with an upper particle size of 53mm as fine aggregate. The researchers concluded that the material proved suitable for use in precast concrete paving slab production.