Global Concrete News

Dominican Republic: Sika has acquired concrete admixtures, fibres, adhesives and sealants producer Vinaldom. Nasdaq News has reported that the deal brings Sika into possession of its first plant in the Dominican Republic and its sixth in the Caribbean. The group says that the integration of Vinaldom offers ‘significant’ cross-selling opportunities.

Americas regional manager Mike Campion said "With Vinaldom, we will be able to serve and supply our customers in the Dominican Republic even better. The increased access to a broader customer base, supported by local manufacturing, will contribute to further expansion in the Dominican market. We warmly welcome the Vinaldom employees to the Sika team and look forward to growing our business together.”

Switzerland: Chemicals producer Sika reported sales of €6.08bn in the first half of 2024, up by 9% year-on-year. The company’s earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 24% to €920m. During the reporting period, the company successfully integrated Germany-based MBCC. It also acquired US-based Kwik Bond and opened new production facilities in Peru and China. The company confirmed its Strategy 2028 targets for sustainable, profitable growth.

Sika CEO Thomas Hasler said "With our good operating result in the first half of 2024, we have shown that we are in an excellent position to gain market share even in challenging markets. Furthermore, our emissions reduction targets, aiming for net-zero emissions by 2050, have been validated by the Science-Based Targets Initiative (SBTi). This important achievement underscores Sika's commitment to sustainability and its proactive role in decarbonising the construction and automotive industries."

For the full year 2024, Sika forecast 6 – 9% sales growth in local currencies and an over-proportional increase in EBITDA.

UAE: Azizi Developments has poured 22,000m³ of concrete over 56 consecutive hours at the site of its upcoming Azizi Venice housing development in Dubai. TradeArabia News has reported that Azizi Venice will comprise 36,000 residential units, spread over 100 tower blocks and 109 houses.

Chair Mirwais Azizi said "The quality and speed at which our developments manifest from vision into reality fills us with immense pride. This extensive, record-breaking two-day concrete pour, which is the largest of its kind in the UAE, exemplifies – and serves as a testament to – the fast pace of our latest community project."

Japan: Vertex Corporation subsidiary Kitaseki Concrete plans to transfer its secondary concrete product manufacturing operations from Annaka in Gunma Prefecture to Matsuzaka Kosan in Mie Prefecture. Nikkei News has reported that the move aims to increase efficiency and raise competitiveness in response to the evolving industry environment.

Poland: Heidelberg Materials has inaugurated its new construction and demolition materials (CDM) recycling plant at Katowice, Silesia. The plant will use a patented crusher to separate and sort 100t/hr of CDM. It will then recycle the materials in new concrete using its ReConcrete circular concrete production technology.

Chief sustainability officer Nicola Kimm said "Thanks to our strong commitment to continuous innovation, we are now introducing a revolutionary and commercially viable technology combining circularity with decarbonisation on our path to net zero. Innovations like this help to accelerate our transformation and highlight our ambition of closing the loop offering circular alternatives for 50% of our concrete products by 2030.”