Items filtered by date: Friday, 23 February 2024
Saint-Gobain may acquire CSR for US$5.44bn 23 February 2024
Australia: France-based Saint-Gobain has submitted a non-binding indicative offer of US$5.44bn for building materials producer and land banking entity CSR. CSR’s businesses include insulation producer Bradford, fibre cement systems producer Cemintel, wallboard producer Gyprock, autoclaved aerated concrete (AAC) block producer Hebel and roofing producer Monier. Together, CSR’s building materials units accounted for 72% of its sales in 2023.
Nuvoco Vistas inaugurates second ready-mix concrete batching plant 23 February 2024
India: Nuvoco Vistas has inaugurated its second ready-mix concrete plant, at Ranipur Milki Chak in Bihar’s Patna District. The producer said that the plant, called Patna-II, is strategically positioned for access both to local cement plants and the urban concrete market of Patna. The plant commands 60m3/hr of capacity and is equipped with a twin shaft mixer capable of producing all grades of concrete. Its products include Nuvoco Vistas’ XCON, CONCRETO, Light Weight Concrete, Fibre Enriched Concrete, High Strength Concrete, Water and Crack Resistant Concrete, Foundation Expert Concrete, ECODURE Green Concrete, ARTISTE Decorative Concrete Floors, and INSTAMIX Ready-to-Use Bagged Concrete.
Chief of the ready-mix concrete and modern building materials Prashant Jha said "The launch of the Patna-II plant underscores Nuvoco's dedication to providing innovative solutions to meet the evolving needs of the construction industry in Bihar. This new facility will not only strengthen our presence in the region but also enable us to serve our customers more efficiently."