Displaying items by tag: aggregates

UK: Leiths (Scotland) has secured permission from Aberdeenshire Council to open a 27.5ha aggregates quarry at Craig Farm near Huntly. BBC News has reported that the quarry will yield 650,000t of materials for use in ready-mix concrete and asphalt production over a 22-year operational life.

US: Knife River has completed its acquisition of North Dakota-based ready-mix concrete, aggregates and asphalt producer Strata Corporation for US$454m. Strata Corporation employs 900 seasonal workers and commands 28 ready-mix plants, three asphalt plants and 30 years of aggregates reserves, supported by a logistics fleet of seven trains and 400 railcars. It also includes a contracting services division. Strata Corporation will merge into Knife River's Central Region operations.

Romania: Holcim Romania has invested €700,000 to upgrade its Stancesti aggregates plant in Prahova County. The investment included €450,000 towards a water recirculation and purification plant. Following the completion of works, the Stancesti plant now draws 80% less water.

US: BPGC Management has acquired a majority stake in ready-mix concrete and aggregates producer PB Materials Holdings. PR Hub News has reported that BPGC Management serves the South East New Mexico and West Texas markets.

Brazil: China-based Huaxin Cement has acquired Embu Engenharia e Comércio for US$186m. Migalhas News has reported that Embu Engenharia e Comércio mines 8.8Mt/yr of aggregates across its four quarries in São Paulo Metropolitan Region.

The completed acquisition marks the entry of the global top-10 cement producer into the Brazilian market. It previously acquired Brazil-based InterCement’s South African business in December 2023.

Bahamas: Del Zotto Group subsidiary Gold Rock Corporation plans to shut down two units – a precast concrete plant and a ready-mix concrete plant – in Grand Bahama. The Tribune newspaper has reported that the closure follows a refusal by the Grand Bahama Port Authority to renew a five-year contract for the supply of aggregates to the plants.

US: Taiheiyo Cement USA has acquired California-based building materials producer Grimes Rock’s ready-mixed concrete and aggregates assets. Reuters has reported that the acquisition also includes some ‘affiliated’ assets.

US: Eagle Materials has entered into an agreement to acquire aggregates producer Bullskin Stone & Lime for US$153m. Bullskin Stone & Lime serves the Pittsburgh and western Pennsylvania market. Eagle Materials expects to close the deal in the first quarter of 2025.

Eagle Materials president and CEO Michael Haack said the deal "complements and extends our network of aggregates quarries and cement plants and terminals in the region."

US: Vulcan Materials has entered into an agreement to acquire California-based Superior Ready Mix Concrete. Superior Ready Mix Concrete’ operates 13 ready-mix concrete plants and six aggregates sites, with another 50 years’ combined reserves. Vulcan expects to close the deal by the end of December 2024.

Singapore: Jurong Port (JP) has officially launched its Ready-Mixed Concrete (RMC) Ecosystem, a complex of five ready-mix concrete plants. The RMC Ecosystem integrates 11 aggregates plots and a neighbouring cement terminal at the port. JP is now one step closer to realising its vision of developing Singapore’s first Integrated Construction Park (ICP), where construction companies can carry out off-site production in one central location. The ICP will feature the efficient discharge of construction inputs directly into a cluster of downstream construction-related activities, thereby improving productivity, reducing carbon emissions and optimising land use.