Displaying items by tag: readymixed concrete

US: Lehigh Hanson has finalised arrangements for its acquisition of ready-mixed concrete and aggregates producer Corliss Resources. The company sold 300,000m3 of ready-mixed concrete and 2Mt of of aggregates in 2021. Its operations cover the Greater Seattle, Washington, area.

Dominik von Achten, chair of Lehigh Hanson’s parent company, Germany-based HeidelbergCement, said “The acquisition of the Corliss operations is a great strategic fit with our already strong presence in cement, aggregates and ready-mixed concrete in the Pacific Northwest. The transaction significantly enhances our vertically integrated position in one of the fastest growing US markets. We welcome the 230 Corliss employees to the HeidelbergCement family and look forward to accelerating their growth together."

Azerbaijan: Cement companies produced 3.19Mt of cement in the first 11 months of 2021, up by 3.4% year-on-year from 3.09Mt. On 1 December 2021, total cement reserves in stockpiles were 113,000t. Ready-mix concrete production rose in the first 11 months of 2021 by 2.9% to 986,000m3 from 937,000m³, while precast concrete production more than doubled to 301,000m3 from 143,000m³.

US: LafargeHolcim has acquired Marshall Concrete Products. The newly acquired subsidiary supplies concrete products and services in the Minneapolis/St Paul metropolitan area in Minnesota.

Chief executive officer Jan Jenisch said “This acquisition is another step in our Strategy 2025 to become the global leader in innovative and sustainable building solutions. We welcome the employees of Marshall Concrete Products and look forward to building on their strong customer service focus, which made them a partner of choice in the Twin Cities area for decades. This acquisition strengthens our presence in this strong growth market while contributing to Holcim’s overall strategy to expand our range of low-carbon products and solutions.”

Spain: FYM has agreed to sell its Southern Spain business to Brazil-based Votorantim Cimentos. The assets consist of the 1.6Mt/yr Málaga cement plant and 11 ready-mixed concrete plants and aggregates assets in Andalusia. Parent company HeidelbergCement said that the divestments accord with it Beyond 2020 strategic vision. FYM retains its Northern Spain cluster in the Basque Country, Cantabria, La Rioja and Navarra, which it operates under the Cementos Rezola brand.

UK: Cemex has agreed to sell its Cardenden, Dundee, Greenock and Perth ready-mix concrete plants to Tillicoultry Quarries. The company thanked its employees at the sites for their commitment. It said that the asset sale is part of a portfolio rebalancing strategy aimed at high growth metropolitan markets.

Chile: Unacem has completed its acquisition of Spain-based Cementos La Unión’s Chilean cement business. The value of the asset, including assumed debts, was US$23m. The business consists of the 0.3t/yr San Antonio grinding plant and two ready-mix concrete plants with a total capacity of 336,000m2/yr.

Canada: Habitats for Humanity has again partnered with Lafarge Canada for its annual affordable housing fundraiser in Kingston, Ontario. This year, the partners will attempt to raise US$21,700 over 27 days to support the construction of sustainable housing in Eastern Canada. Lafarge Canada has pledged 80m3 of its ECOPact reduced-CO₂ concrete to the project.

Eastern Canada regional head of environment and sustainability Rob Cumming said "Our sustainability goals overlap safe housing with reduced climate impact.” He added "We are excited about this first milestone and are looking forward to the future supply of our ECOPlanet solutions.”

Azerbaijan: Cement companies increased the total volume of cement produced in the first eight months of 2021 by 1.5% year-on-year to 2.2Mt from 2.17Mt in the corresponding period of 2020. Meanwhile, ready-mix concrete production increased sharply, by 39% to 1.7Mt from 1.3Mt.

On-going large-scale state construction projects the new territories East of Zangazur and Karabakh are anticipated to increase full-year cement production in 2021 and into subsequent years.

Spain: Hanson Spain has agreed to sell its Madrid quarry and three ready-mix concrete plants in the Balearics to Cemex España. The buyer said that the investments promise a high return and are part of the strategic global strengthening of its vertically integrated positions near high-growth urban centres. It expects the deal to close in early 2022.

Europe, Middle East, Africa and Asia regional president Sergio Menéndez said “This acquisition will allow us to better serve our clients by integrating and complementing our portfolio to provide a comprehensive and sustainable offering in Cemex’s high-growth regions of Madrid and the Balearic Islands.” He added “This is another example of the efforts we make to optimise our portfolio and drive earnings before interest, taxation, depreciation and amortisation (EBITDA) growth through high-yield complementary investments."

Hanson has also sold its aggregates and ready-mix concrete assets in Asturias, Catalonia and Madrid to different buyers. Parent company HeidelbergCement had announced a review of its Spanish assets on 22 February 2021. Their total value was Euro300m.

US: The Texas Commission on Environment Quality has discarded legal limits on crystalline silica in ready-mix concrete plants’ dust emissions. Commissioner Bobby Janecka said "I am pretty comfortable moving forward and finalising the proposed revision of the standard permit to bring us back to the point we departed from in 2012." He added that the commission had confirmed the decision with analysis from before the previous rule change, which he attributed to a ‘clerical error.’