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Shimsho inaugurates Darvoz dry construction mixes plant
Written by Global Cement staff
18 August 2023
Tajikistan: Shimsho has commissioned its new 15,500t/yr Darvoz dry construction mixes plant in Durobak. The government of Tajikistan says that the plant is equipped with Chinese technology, and uses locally mined calcite, cement, lime and gypsum in its dry construction mixes production. It will sell the mixes in 20, 25 and 30kg bags. It will directly employ 25 local people.
Cemento País’ upcoming 475,000t/yr Aguas Prietas grinding plant nears completion
Written by Global Concrete staff
17 August 2023
Colombia: Cemento País expects to commission its upcoming Aguas Prietas grinding plant in Turbaco, Bolívar, soon. The plant will have a capacity of 0.48t/yr, and cost US$20m in total. ESEuro News has reported that investors in Cemento País include engineering and construction firm AGM Desarrollos. The owners expect to corner a 15% share in Colombia’s Atlantic Coast cement market. The Aguas Prietas grinding plant will also produce 300,000m3/yr of ready-mix concrete.
Nuvoco Vistas opens new ready-mix concrete batching plant in Coimbatore
Written by Global Concrete staff
11 August 2023
India: Nuvoco Vistas has commissioned a new 60m3/hr ready-mix concrete batching plant in Coimbatore, Tamil Nadu. The company says that it aims to grow its concrete footprint in the growing Southern Indian market. It operates one other batching plant in Tamil Nadu, located at Chennai.
Nuvoco Vistas’ head of ready-mix concrete and modern building materials Prashant Jha said "We are delighted to launch our new ready-mix plant in Coimbatore, which is a growing market and a strategic location for us. The plant's proximity to our customers highlights our customer-centric approach, and we are committed to providing them with best-in-class products and services. Our ready-mix product portfolio includes Concreto performance concrete, Artiste decorative concrete and Ecodure green concrete, which are all designed to meet the diverse needs of our customers and promote sustainable construction practices."
Cementos Argos reports sales and profit growth in first half of 2023
Written by Global Concrete staff
09 August 2023
Colombia: Cementos Argos reported first-half sales of US$6.71bn for 2023, up by 25% year-on-year, El Colombiano newspaper has reported. Wet weather in the US and a slowing residential construction market in Colombia contributed to a 6.5% drop in concrete sales to 3.5Mm3. The company’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 45% to US$1.3bn, while its net profit rose by 56% to US$179m.
President Juan Esteban Calle said "In the first half of 2023 we achieved relevant milestones that demonstrate our commitment to generating value for our shareholders and other stakeholders. The progress in the execution of our share price recovery initiative, the growth in revenues and the expansion in the profitability margins of the businesses in our main markets motivate us to continue working every day to generate value for all our stakeholders."
Romcim acquires Bauelemente
Written by Global Concrete staff
04 August 2023
Romania: 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."