Displaying items by tag: Fosroc

Australia: First Graphene has started a five year collaboration research and development agreement with construction chemicals manufacturer Fosroc International to develop its PureGraph graphene-based cement additive product range. First Graphene will provide access to its formulation and dispersion process technologies and Fosroc will take responsibility for additive raw material supplies and formulations, mixing and dispersion and extensive laboratory trials. The objective of the deal is to jointly develop a range of PureGraph-enhanced cement additives that Fosroc will add to its portfolio of specialty products.

Michael Bell, the managing director and chief executive officer of First Graphene, said, “The agreement with Fosroc is a significant further step for First Graphene as we implement our go-to-market plan to become the world’s leading supplier of graphene-enhanced cement and concrete solutions. Fosroc has significant penetration into multiple global markets that will be highly beneficial in helping expand our reach and educating the market on the significant benefits, including emission reductions, that graphene-enhanced products provide.”

First Graphene says that the clinker factor of cement can be reduced by up to 20% through the use of its PureGraph additive products during the final grinding phase of cement production.

Turkey: Global Cement Magazine is exhibiting at the 13th TCMB International Technical Seminar and Exhibition at the Gloria Golf Resort Hotel in Antalya, Turkey on 7-10 October 2015. Around 510 delegates looking to learn about the latest technical innovations and new products and services will visit the event, which is sponsored by ABB Group.

Picture: Fatzunnahar Ngopil of Fosroc, Asia, visits the Global Cement stand to talk with Paul Brown, Commercial Director of Global Cement.

Turkey: Fosroc, an international construction chemicals group, has announced a major step in its global growth strategy with the agreement to acquire, subject to regulatory approval, a substantial majority shareholding in the Turkish market leader for cement additives, Idea Kimya.

Andre Ladurelli, CEO of Fosroc, said that the acquisition signals a highly ambitious phase of growth. "Our strategy is to continue achieving double-digit organic growth in existing businesses and enter new territories through the formation of new ventures as well as through acquisitions. The acquisition of Idea Kimya is an excellent example of this strategy, demonstrating our commitment to growth while providing a substantial platform for further development in Turkey and its neighbouring countries. Our attitude is that we want to seize the day, lead the market and out-class our rivals on product, expertise and service," said Ladurelli.

Having recently completed new ventures in Myanmar, Vietnam and Iraq and with a host of other projects currently being developed, Ladurelli cited the example of Kenya as one of Fosroc's key future strategic ventures, through which it aims to open up the East African market. Fosroc's sales in the first half of 2015 increased in line with expectation. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew by 18% year-on-year.

"The integration of Idea Kimya into the Fosroc Group will create new high growth opportunities. Fosroc will provide a thorough range of construction chemicals products and solutions, with the support of their global organisation," said Hakan Gulseren, managing director and one of the founders of Idea Kimya.