Displaying items by tag: Airport
Adani Group to acquire Jaiprakash Associates for US$606m
10 October 2022India: Adani Group and Jaiprakash Associates are reportedly in 'advanced talks' over the latter becoming Adani Group's latest cement sector acquisition at a price of US$606m. Reuters News has reported that Jaiprakash Associates' board of directors approved the sale of the company on 10 October 2022. Adani Group plans to buy the business via one of its newly acquired cement subsidiaries.
Adani Group is also planning a US$7.9bn investment package in a Rajasthan cement plant expansion, solar power plant project and airport upgrade. The solar power plant has a planned capacity of 10GW. Adani Group owns the 1.8Mt/yr Rabriyawas cement plant and the 5Mt/yr Lakheri cement plant in Rajasthan. The group plans to raise US$10bn to fund its growth plans. Potential investors in 'early talks' with the group include Singaporean sovereign wealth fund Temasek Holdings.
Adani Group completed its acquisition of ACC and Ambuja Cements for US$10.5bn in September 2022.
Seven Rings Cement to supply cement for construction of Sylhet Osmani International Airport
05 October 2021Bangladesh: Seven Rings Cement has secured a contract for the supply of cement to the site of the upcoming Sylhet Osmani Internation Airport in Sylhet. Chief marketing officer Gautam Chatterjee signed the contract with Beijing Urban Construction Group on behalf of the company.
Seven Rings Cement is currently also supplying cement for the new Hazrat Shahjalal International Airport Terminal 3 in Dhaka.
Cemex supplies cement and concrete to Teruel Airport Platform
27 January 2021Spain: Mexico-based Cemex has supplied 30,000t of cement and 100,000m3 of concrete for an expansion of Teruel Airport Platform (PLATA) maintenance, repair and operations airport in Teruel, Aragon. The company said that the expansion consists of a 3km runway, terminals, an expanded parking platform and two new hangars, in addition to an industrial zone and other facilities. The airport's current expansion phase requires a further 40,000m3 of concrete.
Europe, Middle East, Africa, and Asia regional president Sergio Menéndez said, "Since the beginning of the Teruel Airport project more than a decade ago, Cemex has been present in its construction and continuous expansion. We are proud to have contributed to this infrastructure, becoming an engine of economic recovery.”
US: Mexico-based Cemex supplied 15,000t of cement to the Hartsfield-Jackson Airport in Atlanta, Georgia, for the construction of a 3770m runway and taxiway by McCarthy Improvement Company. Replacing an existing runway, the new runway is the longest at Hartsfield-Jackson, the world’s busiest airport.
Cemex USA president Jaime Muguiro said, “Infrastructure in the US needs improvements and updates so that Americans can remain connected and get where they need to go quickly, safely and efficiently. At Cemex, we are proud to securely support essential infrastructure projects that help achieve those goals and provide products that will enhance the experiences of travellers for years to come.”
Germany: Dyckerhoff is supplying 12,000t of CEM III/A 32.5 N-LH cement to Frankfurt Airport for the production of underwater concrete. The airport is building a new terminal and the construction pit for the floor slab is deeper than the groundwater level, hence the floor slab must be concreted underwater.
The construction pit has a size of almost 66,000m² with excavation carried out in dry conditions to a depth of 5.5m to the groundwater table. Then a further 8 -11m was excavated in wet conditions using industrial divers. The excavation pit has been prepared in sections and then concreted by the divers resulting in short sections. The quantities of cement to be delivered by Dyckerhoff also fluctuate considerably, with sometimes 20 silo trucks/day leaving the Dyckerhoff plant in Wiesbaden. Deliveries started in March 2019.
Around 40,000m3 of concrete has been produced by Sehring Beton, using a mobile mixing plant directly on site. The construction work is being carried out by the Arge Ingenieurbau Baugrube T3, which consists of the two companies Adam Hörnig Bau and Bickhardt Bau.
Portland Cement Association pins hopes on airport expansion
01 August 2017US: The Portland Cement Association (PCA) expects that increased demand for air travel will help drive increased cement consumption over the next 25 years. Increased population, economic growth and airport expansion are anticipated to drive the trend according to a new study by the association. Personal, business and cargo levels are all expected to rise.
“With more people traveling by air, you will need more capacity at airports – that means more cement is needed for concrete used in runways, terminals and other airport facilities,” said PCA Chief Economist and Senior Vice President Ed Sullivan.
The PCA expects cement consumption in the airports market to approach 2.4Mt/yr by 2040, with a possible high of 2.6Mt/yr, compared with 1.5Mt/yr at present. Of the estimate 65% will likely be attributed to runway replacement, 23% is projected to runway expansion projects and 11% is expected to be used for new terminal expansion.
Cement companies to invest US$18m in NAICM cluster
22 September 2015Mexico: A group of 20 Mexican cement companies included in the association of independent concrete companies (AMCI) have announced plans to invest US$18m in the installation of a sector cluster to supply concrete for the construction of Mexico City's new international airport (NAICM).
The companies seek to provide 48% of the concrete required for the project and are currently negotiating with the Mexican construction industry chamber (CMIC) in order to obtain the association's support for the initiative. The cluster would encompass the installation of 20 concrete plants with an estimated annual production of 384,000m3. The facilities would be operative while the construction of the terminal lasts, between three and four years.
Independent concrete companies seek to reach a market participation of 80% in Mexico, as big companies like Cementos Cruz Azul, Corporacion Moctezuma and Holcim Mexico sell their non-profitable assets to small and medium sized-enterprises. A total of 50 concrete plants have been taken over by independent firms in 2014 - 2015.