Limestone News

Related Construction Chemicals and Materials Industry News

In June 2023, Saint-Gobain signed an agreement to acquire cement board producer Hume Cemboard Industries. Through this acquisition, the company strengthened its lightweight product offering in Malaysia.

In February 2023, Everest Industries Limited intended to establish a manufacturing unit on a 20-acre site in Chamarajanagar's Badanaguppe Kellambali KIADB layout with an investment of USD 22.5 million. Their new facility is expected to produce 72,000 metric tons (MT) of fiber cement board and 19000 MT of Rapicon wall panels.

• May 2023: Cemex made an announcement regarding the acquisition of a plant near Madrid, Spain, aimed at better-serving urbanization needs. The cement plant's primary purpose will be to supply lower-carbon Vertua cement for mortar production and will be a part of Cemex's Urbanization Solutions business. At full capacity, it is expected to reach a production of 100,000 metric tons.
• May 2023: ACC and Ambuja Cement, the cement and building material companies of the diversified Adani Group, officially launched a cutting-edge Cement and Concrete Research & Development facility at Kalamboli, Navi Mumbai. This facility will serve as a platform for further improving product quality and addressing the difficulties faced by the cement and concrete industry.

• June 2022: Sika is expanding its production of concrete admixtures in the United States by bringing a new manufacturing plant upstream in Stafford, Virginia.
• May 2022: Sika opened a new plant in Santa Cruz de la Sierra for manufacturing mortar and concrete admixtures. Along with the existing plant, the new plant doubled the production capacity for mortar and concrete admixtures in Bolivia.

• November 2022: Cementir has established its first CO2 capture and storage (CCS) plant in the Aalborg cement plant. The CCS pilot supports the Cementir Climate Change Strategy, including our goal to reduce by 30% the carbon intensity of our operations by 2030 and aim at achieving net-zero emissions by 2050.
• July 2022: Aditya Birla (Grasim Industries Limited) approved a foray into a B2B e-commerce platform for the Building Materials segment with an investment of ~ INR 2,000 Crore over the next 5 years. This investment adds a new high-growth engine with clear adjacencies within Grasim's standalone businesses, subsidiaries, and associate companies.

• July 2022: Kastamonu Entegre collaborated with Siempelkamp to set up a new particle board manufacturing plant in Kastamonu, Turkey. This move will strengthen the company's production capacity in Turkey to serve the foreign and indigenous markets.
• January 2022: Roseburg Forest Products announced the closure of its particleboard plant in Douglas County. This move is aimed at spending on new technology in its western manufacturing operations.

• In April 2022, Imerys announced the new capacity expansion and optimization investment in the Sylacauga (AL) plant in Alabama, United States supporting the growing demand for ground calcium carbonate products.
• In June 2021, Carmeuse opened a new installation to produce limestone filler, with a production capacity of 450,000 metric tons, making it the largest manufacturing unit of its kind in the Benelux, with an investment of EUR 16.5 million.
• In April 2021, Minerals Technologies Inc. agreed to establish a 50,000 metric tons per year satellite precipitated calcium carbonate plant at its paper mill in Suiping County, Zhumadian City, with Zhumadianshi Baiyun Paper Co. Ltd.

• In November 2021, Fox Marble signed a joint venture agreement with the Al Bab Al Mumtaz Group in the United Arab Emirates. Under this agreement, Fox Marble will supply marble tiles and slabs processed in its factory in Kosovo to Al Bab Al Mumtaz Group for sale via its range of outlets in the region.

• November 2022: LSR Group entered the insulation market with the production of 'LSR TERMO' aerated concrete insulation, which is environment friendly and has high fire resistance, lightness, and durability.
• May 2022: Holcim group's business in India, i.e., 63.11% holding in Ambuja Cement, which has a 50.05% stake in ACC, along with a 4.48% direct stake in ACC, was acquired by the Adani Group.

• March 2022: Berger Fosroc Ltd, a joint venture between Fosroc International Ltd and Berger Paints Bangladesh, opened a construction chemicals factory in Bangladesh. This helps the company to meet the growing demand for construction chemical materials and solutions in the domestic market.
• December 2021: GCP Applied Technologies Inc. announced that it entered into a definitive agreement pursuant to which Saint-Gobain will acquire all the shares of GCP Applied Technologies for USD 32.00 per share, in cash, in a transaction valued at approximately USD 2.3 billion (approximately EUR 2.0 billion).

• In February 2022, Sika established a new manufacturing facility in Tanzania, East Africa, and is already producing mortars as well as concrete admixtures locally. This investment will help the company in backward integration.
• In January 2022, Holcim agreed to buy PRB Group, France's largest independent maker of specialty building solutions, for EUR 340 million (USD 395 million) in net sales in 2022 (estimated). PRB Group provides a wide range of high-performance building solutions, including coatings, insulation, adhesives, and flooring systems, as well as sophisticated energy efficiency and rehabilitation solutions.