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Cementos Argos to increase Colombian aggregates capacity to 4.5Mt/yr
Written by Global Concrete staff
03 August 2022
Colombia: Cementos Argos has shared plans for an 80% increase to its planned aggregates production capacity in Colombia to 4.5Mt/yr by 2024. In 2022, the company predicts that its aggregates business will contribute full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$2.8bn.
Colombia's annual aggregates consumption is 130 - 140Mt/yr.
HIL to acquire Fast Build Block
Written by Global Concrete staff
01 August 2022
India: CK Birla Group’s fibre cement roofing subsidiary HIL has agreed to acquire Fast Build Blocks for US$8.22m in a ‘slump sale.’ Fast Build Blocks produces autoclaved aerated concrete (AAC) blocks in Cuttack, Odisha. Press Trust of India News has reported that HIL is using the acquisition to establish a leadership position in the Eastern Indian market.
Holcim to acquire Ol-Trans
Written by Global Concrete staff
19 July 2022
Poland: Switzerland-based Holcim has concluded an agreement to acquire ready-mix concrete producer Ol-Trans. Ol-Trans operates five batching plants and is the market leader in Gdansk, Gdynia and Sopot. Holcim says that its new customers in the region will benefit from access to its CO2-saving products, including Agila Fibro self-compacting concrete, which can reduce steel reinforcement usage in construction by up to 50%.
Holcim’s Europe, Middle East and Africa regional head Miljan Gutovic said “With this acquisition we will further expand the footprint of ECOPact green concrete, the first and most comprehensive sustainable concrete range in Poland.”
Thomas Concrete Group acquires German concrete company
Written by Global Concrete staff
19 July 2022
Germany: Sweden-based Thomas Concrete Group has acquired a five-plant Rhineland-Palatinate-based concrete producer. The acquisition brings Thomas Concrete Group’s German concrete capacity to 1Mm2/yr across six federal states, 2% of domestic capacity. Germany has 1900 concrete plants in total.
SK Ecoplant and CMD Group to deliver ash-based building materials
Written by Global Cement staff
14 July 2022
South Korea: SK Group subsidiary SK Ecoplant has partnered with CMD Group to launch pilot production of building materials made using up to 60% recycled bottom ash from waste incinerators. The partners say that an exothermic reaction in the presence of non-sintered inorganic binders and expansion-reducing reactants increases the compressive strength of the end product to match that of concrete containing ordinary Portland cement (OPC).
AJU News has reported that South Korean waste incinerators produced 2.16Mt of bottom ash from 9.12Mt of waste in 2020.