Displaying items by tag: concrete plant

India: ACC’s operating earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 11% year-on-year to US$267m in 2018 from US$296m in 2017. Its new sales increase by 12% to US$2.02bn from US$1.80bn. Cement sales volumes grew by 8.4% to 28.4Mt from 26.2Mt. Ready-mix concrete (RMX) sales grew by 16.6% to 3.16Mm³ from 2.71Mm³.

The cement producer said that despite rising prices of slag, petcoke and diesel it had focused on productivity and an improved raw material mix. It also built 18 new RMX plants during the year.

US/Germany: LafargeHolcim has acquired ready-mix concrete businesses in the US and Germany. On 1 February 2019 it acquired Transit Mix Concrete, a supplier of building materials in Colorado and subsidiary of Continental Materials Corporation, for US$27m. As part of the transaction, LafargeHolcim takes ownership of Transit’s seven concrete plants and a sand quarry. Transit Mix has more than 180 employees.

In January 2019, LafargeHolcim acquired the precast and ready-mix concrete businesses of Alfons Greten Betonwerk in northern Germany. Greten operates one precast and one ready-mix concrete plant in the state of Lower Saxony. Greten employs around 100 people.

“In line with our Strategy 2022 – Building for Growth, these acquisitions will generate synergies with LafargeHolcim’s existing operations. With these further bolt-on acquisitions we are delivering on our commitment to accelerate growth in the ready-mix concrete and aggregates segments,” said chief executive officer (CEO) Jan Jenisch.

Panama: Cemex’s Panama Norte concrete plant has been awarded Responsible Sourcing Certification from the Concrete Sustainability Council (CSC). The building materials company says it is the first facility in the ready-mix concrete sector in Latin America to receive this designation. The plant met the CSC requirements via an audit by SGS, an independent certification body.

“We are proud of our Panama Norte plant for becoming the first concrete facility in Latin America to attain CSC certification, and we are committed to foster our leadership in the industry by delivering a superior customer experience and integrating sustainability into all aspects of our business,” said Andres Jimenez, President of Cemex Panama.

Launched in 2017 by 11 founding members - including the World Business Council for Sustainable Development, the Portland Cement Association and Cemex - the CSC aims to improve the transparency of the concrete sector and highlight the essential role of concrete in creating a sustainable construction sector by getting recognition in green procurement government policies and building rating systems. The CSC acts as a certification system, grading building materials facilities on environmental, social and governance practices throughout supply chains.