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.
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.
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.”
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.
