Singapore: Malaysia-based YTL Corporation has concluded a conditional sale and purchase agreement for an 81% stake in NSL for US$169m. YTL Cement will launch a mandatory unconditional cash offer for all outstanding shares in NSL after completing the acquisition. NSL manufactures precast concrete components and operates an environmental services division.

US: CRH has acquired ready-mix concrete and aggregates producer Ary Corporation. The Commercial Observer newspaper has reported that Ary Corporation operates nine ready-mixed concrete plants and 25 aggregates sites, along with construction and paving services and seven asphalt plants.

CRH’s Americas Materials Solutions president, Scott Parson, said "We are delighted to welcome all Ary Corporation employees to the CRH family. The acquisition expands our existing footprint in Colorado and presents CRH with attractive opportunities for development and growth. As North America's leading integrated supplier of aggregates, asphalt, ready mixed concrete and construction services, we look forward to serving customers in Colorado with our unique combination of building materials, products and solutions."

US: Vulcan Materials has secured approval from the Texas Commission on Environmental Quality for its upcoming aggregates quarry in Comal County. The approval is based on the company’s water quality protection plan for the 607 hectare site situated in the Edwards Aquifer recharge zone, which supplies water to 2 million people. The plan involves the use of vegetation strips, berms and flood plain areas, while excavating a total 387 hectare (64%) of the site in nine successive stages.

Vulcan Materials said that it plans to operate the site in a ‘safe, socially and environmentally responsible’ manner, and will ‘protect and conserve’ water.

Singapore: Pan-United Corporation has introduced a Sany electric-powered concrete mixer truck into its fleet. The truck has a 350kWh battery with a peak power of 360kW and a two-hour charging time. The move will reduce the CO₂ emissions per journey by 45%, in line with Pan-United Corporation’s goal of net zero ready-mix concrete production and distribution by 2050.

Pan-United Corporation CEO Ken Loh said "Pan-United is excited to welcome electric vehicles into Singapore’s built environment industry. We hope to eventually operate a substantial fleet of electric concrete mixer trucks for our day-to-day operations. This step marks an exciting new venture in exploring alternative fuel technology and a deepening commitment to accomplish Pan-United’s aim of being a carbon-neutral ready-mix concrete company by 2050."