Global Concrete News

UK: Construction firm John Sisk & Son has successfully concluded its construction of part of the Wembley Park mixed development using concrete produced with Ecocem’s ACT alternative circular cement. The concrete met design specifications for all elements, while reducing embodied CO₂ emissions by 70%. Construction Index News has reported that Capital Concrete and Creagh Concrete also participated in the project, which commanded €594,000 in Innovate UK funding.

UK: Precast concrete market leader FP McCann Group recorded a profit of US$67.7m in 2024, up by 11% year-on-year. It overcame a drop in turnover of less than 1%, to US$536m, Insider Media News has reported.

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.

South Korea: The construction and ready-mix concrete industries have concluded four months of negotiations with an agreement that ready-mix concrete prices will come down by 2.5% to US$62.8/m³. Chosun Biz News has reported that Youngwoo Association represented local ready-mix concrete producers throughout negotiations.

US: Private equity firm Big 7 Ventures has acquired Nevada-based Modern Concrete. Big 7 Ventures says that the company will continue to operate under its existing management team under founding President Scott Reutner.