Displaying items by tag: investment

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.

Ukraine: Türkiye-based ONUR Group says that it has invested over US$70m in Ukraine since its invasion by Russia on 24 February 2022. Ukraine Business News has reported that the company’s upcoming US$15m, 30,000t/yr ACTU dry building mixes plant is scheduled to commence operations in June 2025. The group also invested a further US$20m in the installation of a new line at its Shchyrets reinforced concrete elements plant. It invested US$4m in the construction of its EFE ready-mix and reinforced concrete elements plants, commissioned in October 2024, and another US$4m in its Shchyrets and Zhydachiv ready-mix concrete plants. Further investments went into the group’s planed and peeled veneer and lumber subsidiary Wood Industries.

UK: Moore Concrete Products is building three new precast concrete plants at Ballymena in County Antrim, Northern Ireland. Business Eye News has reported that the producer secured financing from Denmark-based Danske Bank. Alongside the expansion, Moore Concrete Products is developing a new enterprise resource planning system to digitally integrate its operations.

Costa Rica: Cementos Progreso has commenced operations at its new US$1m West concrete plant at its El Coyol de Alajuela site. 12 permanent workers will be employed at the plant.

Colombia: Cementos Argos has inaugurated four new ready-mix concrete batching plants in Bogotá. One plant is fixed and the other three are mobile, with a combined investment value of US$1.59m. Cementos Argos says that it has gained 276,000m³/yr in additional capacity as result.

Cementos Argos Colombia Central manager Alexander Pedraza said "The mobility situation in Bogotá has challenged us to innovate and develop solutions that allow us to be ever closer to our customers.”

UK: Russell Roof Tiles has installed a 165kW solar power plant as part of a €22.2m upgrade to its Burton concrete roof tiles plant in Staffordshire. Energy company Alt-Group supplied the solar power plant, which is equipped with Solis Inverters’ energy storage inverters. The upgraded Burton plant also features wash water recycling.

Russell Roof Tiles has signed a pledge to achieve Scope 1 and 2 CO₂ neutrality by 2040.

Taiwan: Chongqing La Rui Yonggu Concrete has loaned US$2.91m to fellow Yonggu Group subsidiary Chongqing Taihong New Building Materials. Chongqing La Rui Yonggu Concrete informed the Taiwan Stock Exchange that the finances are intended to support the working capital needs of Chongqing Taihong New Building Materials.

Belarus: Alfa has raised US$152m for its construction of a new building materials production facility in Minsk. The upcoming facility will include a ready-mixed concrete plant and a reinforced concrete structures plant. AK&M News has reported that commissioning is scheduled for 2025.

Sweden/Switzerland: Holcim has partnered with US-based retail company Amazon’s Climate Pledge Fund to invest in CO₂-sequestering concrete filler developer Paebbl and 3D printers 14Trees. The Paebbl investment is part of a US$25m Series A funding round jointly led by Germany-based venture capital firm Capnamic. Holcim says that the new investment will help Paebbl to scale up. Meanwhile, 14Trees, which is a joint venture of Holcim and British International Investment, will also scale up its operations to begin 3D printing larger buildings, including data centres.

Paebbl co-CEO Marta Sjögren said "We are thrilled to welcome first movers in their respective fields, Amazon and Holcim, as first commercial partners to bring our vision to market. This funding round enables us to take even bolder steps in our mission to make the built environment a cornerstone of the decarbonised economy."

14Trees managing director Francois Perrot said "We are excited to count Amazon and Holcim as investors in 14 Trees, to take our successful 3D-printed technology from homes and schools to data centres, to deliver low-carbon and high-performance buildings."

Holcim’s chief sustainability officer Nollaig Forrest said "By investing with Amazon’s Climate Pledge Fund into 14Trees and Paebbl, we can scale up these pioneering technologies to push the boundaries of sustainable building, from 3D printing to making concrete a carbon sink."

Australia: Aggregates and ready-mix concrete producer Doyle Group has expanded its fleet of ready-mix concrete trucks to 12. Local press has reported that the fleet supports a recently commissioned US$1.68m ready-mix concrete plant in Townsville, Queensland.

Aiden Wherry, raw materials manager at Doyle Group subsidiary CAMM Quarries, said "We want to supply local jobs and keep local jobs going. We are the only local supplier in town."