US: Hardrock Ready Mix has acquired North Carolina-based Piedmont Ready Mix. The company operates a ready-mix concrete batching plant at Asheboro, with another under construction at Mebane. Morningstar News has reported that the business was previously part of VL Concrete.
Saint-Gobain acquires majority stake in Indocement Tunggal Prakarsa’s mortars business
Indonesia: France-based Saint-Gobain has acquired a 60% stake in the mortars business of Heidelberg Materials’ local cement subsidiary, Indocement Tunggal Prakarsa. The business consists of three production lines which produce Tiga Roda brand mortars, with sales of €20m in 2025. It will continue to operate as a joint venture between Saint-Gobain and Indocement Tunggal Prakarsa, which will retain the outstanding 40% share.
Saint-Gobain runs 14 production lines, including eight mortars lines, in Indonesia, where it has operated since 1995. It sells mortars under the Cipta Mortar Utama brand.
Titan and FHL I Kiriakidis Group launch mortars joint venture
Greece: Titan has partnered with FHL I Kiriakidis Group to launch a dry mortars production company. Titan will hold a majority stake in the new company.
Titan’s Europe regional CEO Yanni Paniaras said "These investments underscore Titan's commitment to building on its historic European presence and investing in the region, leveraging its strong local brands and collaborating with partners who share its values and vision to capture opportunities for growth in the rapidly transforming building materials sector and evolving customer needs."
Chasm Advanced Materials and Saudi Readymix Concrete complete carbon nanotube concrete trial
Saudi Arabia: US-based Chasm Advanced Materials and Saudi Readymix Concrete have successfully trialled carbon nanotube-enhanced concrete production. The partners poured two adjacent 4 x 4m concrete pads at Saudi Readymix Concrete's headquarters in Dammam, Eastern Province. The trial used 100% Saudi Arabian-sourced raw materials with Chasm Advanced Materials' NTeC-C carbon nanotubes. The pads will remain under monitoring to assess their long-term performance.
ESG News has reported that Saudi Readymix Concrete and Chasm Advanced Materials plan to evaluate carbon nanotube-enhanced concrete deployment across different regions of Saudi Arabia.
