Displaying items by tag: Weber

France: SaintGobain and Ireland-based Ecocem have announced a partnership to bring low carbon cement products to market. Designed to reduce CO₂ emissions from cement, mortar and concrete, these products are intended to support the acceleration of the construction industry’s transition to a low-carbon economy. A research and development cooperation between Ecocem and Chryso, Saint-Gobain’s construction chemicals subsidiary, is planned to accelerate the development of high-performance admixtures to enable low-carbon cements. This partnership will also cover Saint-Gobain’s mortar business Weber in Western Europe and the distribution and concrete manufacturing activities of POINT.P in France.

Donal O’Riain, the chief executive officer of Ecocem, said “The potential exists today to reduce cement industry emissions dramatically by 2030 and to align with the targets set by the Paris Accord. Ecocem’s new generation of scalable low-carbon cement technologies can deliver on this potential. Our deep partnership with SaintGobain will support our efforts to scale these technologies and demonstrate to the world how we can decarbonise the cement, concrete and mortar industries.”

Ecocem is producer of slag-based cement products with operations in Ireland, the UK, France and the Netherlands. Saint-Gobain holds a 25% stake in Ecocem and describes itself as a significant investor in the company for nearly 15 years.

France: France-based Saint-Gobain has acquired Chryso from financier Cinven for Euro1.02bn. The Le Moniteur newspaper has reported that the group will operationally integrate Chryso into its high performance solutions division. It said that it intends to develop Chryso in markets already served by Saint-Gobain, and to accelerate cross-selling between Weber and Chryso.

CEO Benoit Bazin said "Chryso strengthens us significantly in the growing construction chemicals market, in which we have made 10 acquisitions and opened 16 plants in 18 countries over the past three years to now exceed more than Euro3bn in turnover in 66 countries.”