Global Cement News
Search Cement News
BDC Capital invests US$3.7m in Giatec 23 September 2022
Canada: Investment bank BDC Capital has invested US$3.7m in concrete testing technologies supplier Giatec. BDC Capital hopes that the investment will further the development of CO2-reducing technology and AI-based concrete testing.
Giatec CEO Pouria Ghods said "The BDC Capital investment will propel Giatec's expansion into international markets and accelerate our innovation in CO2-reducing technology, moving the concrete industry towards carbon neutrality. BDC has a long history of supporting emerging Canadian cleantech firms in their growth through exports, research and development. We at Giatec are looking forward to working with BDC in our mission to revolutionise the concrete industry and to create yet another success story for the BDC cleantech practice.”
Starlinger launches 22% recycled cement bag 23 September 2022
Austria: Starlinger launched its new 22% recycled plastic cement bags at the K Show trade fair in Düsseldorf, Germany. The bag implements Starlinger’s GripTEC technology, which increases the coefficient of friction on bag surfaces so that stacked bags do not easily slip.
PERI and STRABAG build 3D printed office building 23 September 2022
Austria: PERI and STRABAG have used a COBOD 3D printer to successfully build Europe’s first 3D printed office building in Hausleiten, Lower Austria.
PERI board member for innovation and marketing Thomas Imbacher said "The building in Hausleiten is a milestone for STRABAG, for PERI, for all involved. We are convinced that 3D printing of buildings will be part of the future of construction, as this technology offers solutions for challenges that are currently occupying our industry: digitalisation, efficiency, shortage of skilled workers and much more."
Lucky Cement to buy back up to 3.1% of shares 22 September 2022
Pakistan: Lucky Cement has informed investors that it plans to buy back shares up to an equivalent of 3.1% of its registered share capital, which it has valued at US$417,000. The company will commence the purchase from 29 September 2022, and continue until its completion or 27 March 2023.
Holcim completes Cantillana acquisition 22 September 2022
Belgium: Holcim has completed its acquisition of façade and external insulation systems producer Cantillana. Holcim said that the deal expands its position in building renovation and energy efficiency solutions, aligning with its Strategy 2025 – Accelerating Green Growth plan.