South Korea: The Korea Ready-mixed Concrete Industry Cooperative Federation (KORMIC) has signed an agreement with steel producer POSCO and its decarbonisation division POSCO Eco & Challenge for the use of recycled steel by-products in ready-mixed concrete. The initiative will involve joint mix design reviews and other research and development projects by KORMIC members, with technical support from POSCO.
US: SunTx subsidiary Concrete Partners Holding and Haymaker Acquisition Corp. 4 have acquired the assets of DBA Schwarz Ready Mix, along with SRM Leasing and the equity interests of Schwarz Sand. Concrete Products News has reported that DBA Schwarz Ready Mix operates a 20-plant ready-mix concrete business with 100 concrete mixer trucks, serving the Oklahoma City area in Oklahoma.
Concrete Partners Holding CEO Randall Edgar said "This acquisition exemplifies our growth strategy to expand Suncrete's geographic reach, scale our business into new local markets and increase our asset base for the production and delivery of high-quality concrete. In addition, we believe this expansion creates new incremental growth opportunities in the surrounding markets.
Concrete Partners Holding and Haymaker Acquisition Corp. 4 are currently pursuing a combined listing on the New York Stock Exchange. They expect to complete the combination of their businesses, under the name Suncrete, in early 2026. The new company will have an anticipated enterprise value of US$973m.
UAE: Saif Bin Darwish has acquired precast concrete producer Gulf Precast. ME Construction News has reported that Saif Bin Darwish will integrate the company’s advanced precast concrete production capabilities into its offering. It expects this to enable it to execute larger and more intricate projects, while maintaining expected quality and efficiency.
India: Shree Cement subsidiary Bangur Concrete has started up operations at a new ready-mix concrete batching plant in Jaipur, Rajasthan. The plant runs primarily on solar power.
Shree Cement Managing Director Neeraj Akhoury said "The commissioning of India's first solar-powered ready-mix plant reflects our commitment to sustainable innovation and our vision to lead the industry towards carbon-neutral construction."
Solar Quarter News has reported that Bangur Concrete operates 24 ready-mix concrete plants across India.
