Displaying items by tag: readymix concrete

India: Infra.Market has sold its minority stake in RDC Concrete, according to local press. Investor Nikhil Kamath led a US$20m funding round in the producer, including contributions from Capri Global Family Office, Sumeet Kanwar and Wear Steels. RDC Concrete previously divested itself of 10% of shares in RDC Concrete. RDC Concrete operates 100 ready-mix concrete batching plants in India. Infra.Market retains control of 100 ready-mix concrete plants through its other concrete subsidiaries.

Nikhil Kamath said "RDC Concrete has made remarkable progress in transforming the construction landscape in India with its ready-mix concrete. It is less polluting, expedites construction timelines, and significantly reduces waste and expense. We are actively seeking companies that ensure that India's growth and environmental sustainability progress hand in hand.”

Bosnia & Herzegovina: Ingram commissioned a new €5.11m ready-mix concrete plant in Tuzla on 6 June 2024. The producer says that it has also begun the construction of a fully automated precast concrete products plant. Local contractor Bingo is responsible for both projects.

Australia: Local authorities in Isaac, Queensland, have received an application for the planned US$664m Lotus Creek wind farm, including the construction of three temporary ready-mix concrete batching plants to supply the project. The plants will supply 55,000m³ of concrete for the footings of 46 turbine towers. Each one will operate successively as construction progresses over a period of two years. The Lotus Creek wind farm originally secured planning permission in late 2022.

Spain: Ready-mixed concrete production in Spain reached 26.3Mm³ in 2023, representing a year-on-year increase of 5.6% and the highest level in 12 years, according to the Spanish National Association of Ready-Mixed Concrete Manufacturers (ANEFHOP). In the last quarter, production grew to 6.38Mm³, a year-on-year increase of 5.8%.

France: Police have detained 17 suspected vandals in connection with the 10 December 2023 invasion of Lafarge France’s Val-de-Reuil concrete plant in Normandy. The attack resulted in €450,000-worth of damage. The L'Echo Républicain newspaper has reported that invaders attacked equipment with expanding foam, poured concrete into water outlets, broke windows and damaged cement bags. Spray-paint graffiti left at the site reads ‘Tomorrow will be without concrete or will not be,’ ‘Lafarge terrorist’ and ‘Concrete kills,’ and also compares concrete suppliers to drug dealers. Further tags include the logo of Soulèvements de la Terre (‘Earth Uprisings’), a nation-wide climate protest organisation. The arrest of suspects on 9 April 2024 led to a 200 people-strong protest for their release.

Soulèvements de la Terre had warned of planned actions affecting Lafarge France sites on 9 - 12 December 2023. It named the Saint-Barthélemy-d'Anjou concrete plant in Pays de la Loire, over 200km away from the Val-de-Reuil concrete plant, as a site for a ‘gathering.’

In response to the warning, Lafarge France said on 8 December 2023 “The people who intend to respond to this call for mobilisation against our sites have the wrong target. Of all industrial sectors, ours is moving the fastest and strongest in favour of the climate. Moreover, we are useful to society. The country's needs for housing, public facilities and infrastructure are immense, and concrete represents the best solution to meet them.”

Romania: IBB Holding inaugurated a new €1.5m ready-mix concrete batching plant in Mogoșoaia, Bucharest. Money News has reported that the plant is the company’s fourth.

CEO Ion Crăciunescu said "Through this new concrete plant located in the north of Bucharest, we are in a favourable position to participate in tenders for infrastructure projects in this area and establish strategic partnerships with real estate developers. Moreover, we can ensure the quality of the materials used, faster and more efficient services. Our strategy is to offer services integrated with production, with responsibility towards the environment and towards future generations, adapted to each type of project in which we are involved: infrastructure, residential, commercial or industrial construction. The real need that Romania has both in terms of investments in infrastructure and in the housing fund, as well as the projects already started, leads us to look optimistically at the development of our businesses in the medium and long term."

Mexico: Holcim México has acquired the San Juan del Río and Balvanera ready-mix concrete plants in Queretaro from Grupo Comosa. The purchases raise the company’s ready-mix concrete production capacity by 120m³/hr and bring its total number of ready-mix concrete plants in Mexico to 72. As a result, Holcim México's production capacity in Queretaro will double to 432,000m³/yr. Grupo Comosa was the first ready-mix concrete producer in Mexico to obtain environmental product certification for its products, which Holcim México says aligns with its own focus on sustainability.

Director of concrete and aggregates Manuel Sirtori said "This expansion not only strengthens our production network, but also underlines our on-going commitment to sustainable construction and innovation."

India: Shree Cement has ventured into the ready-mix concrete (RMC) sector by acquiring five plants in Mumbai from StarCrete. The company disclosed the purchase on 12 March 2024, with the plants having a combined capacity of 422m³/hr. The deal, valued at US$4.04m, marks a strategic expansion for Shree Cement.

Neeraj Akhoury, Managing Director of Shree Cement, said “The strategic foray into the RMC segment is a step ahead in our vision to become a multi-product company centred around a core cement business. The RMC segment is expected to witness healthy growth, driven by government initiatives in large infrastructure projects and a booming housing construction sector.”

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."

US: CRH has completed its acquisition of a portfolio of ready-mix concrete and cement assets from Martin Marietta Materials for US$2.1bn. The portfolio includes a network of 20 ready-mix concrete plants in South Texas.