Bosnia & Herzegovina: Spain-based Molins and Greece-based Titan have completed the joint acquisition of 80% of structural precast concrete systems producer Baupartner. Baupartner's founding owners have retained a 20% stake.
Baupartner employs 280 people across its operations in Bosnia and Herzegovina, Croatia and Serbia.
Singapore: HL-Sunway, a joint venture of HL Building Materials and Malaysia-based Sunway Construction Group (SunCon), has launched a new 100,000m³/yr precast concrete plant in Singapore. The Star newspaper has reported that the plant can meet 12 – 14% of demand for precast concrete under Singapore’s Housing and Development Board’s projects.
The Housing and Development Board forecasts 15,000 – 16,000 new housing unit starts in 2026, after demand evens out. It is currently suppressed by contractor delays.
SunCon operates two other precast concrete plants in Johor, Malaysia, with a combined capacity of 126,000m³/yr. It says that its US$1.59bn order book includes US$717m (45%) data centre contracts. It aims to take US$1.07 – 1.43m-worth of new orders throughout 2025.
Denmark: Switzerland-based Sika has acquired mortars producer Marlon Tormortel for an undisclosed sum. Alliance News has reported that Sika’s Europe, Middle East and Africa Regional Manager Christoph Ganz said "With our combined businesses and strengthened production capacities, we will have an excellent platform to accelerate growth in Denmark and the Nordic region." He added that the acquisition will help to complete Sika’s product offering.
Japan: US-based direct air capture (DAC) systems developer Aircapture has won a contract to install a DAC system at Aizawa Concrete Corporation’s Fukushima concrete research and development production hub in Namie Town, Fukushima Prefecture. The system will inject captured CO₂ into wastewater from operations at the hub to produce calcium carbonate as a raw material for concrete production. The project will be Aircapture's first in Japan.
Aircapture founder and CEO Matt Atwood said "This partnership demonstrates how DAC can seamlessly integrate into existing manufacturing processes, while creating permanent carbon sequestration. We're proving that atmospheric CO₂ has become a valuable industrial feedstock."
As a signatory of the Japanese concrete sector’s A-Net Zero Initiative, Aizawa Concrete Corporation is committed to achieving net-zero CO₂ emissions by 2035.
