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MANUFACTURERS - JANUARY 2020

Germany’s BASF SE projects a third quarter 2020 closing on the $3.5 billion sale of its Construction Chemicals unit to an affiliate of Lone Star, a global private equity firm with offices in Frankfurt and New York. A subject of speculation since a late-2018 BASF announcement of plans to shop the business, the transaction will include Master Builders concrete admixture and sister brands deeply rooted in construction, maintenance and retrofit. With more than 7,000 employees, the BASF Construction Chemicals business operates production sites and sales offices in more than 60 countries and generated sales of about $2.8 billion in 2018.

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ORGANIZATIONS - JANUARY 2020

Convening late last year in New Orleans, the American Concrete Pavement Association, named 2019 awards program honorees:

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PRODUCERS - JANUARY 2020

ConcreteDirect, a digital solutions brand of LafargeHolcim Ltd., has selected Amsterdam-based HERE Technologies as mapping and location services provider. ConcreteDirect manages orders and tracks deliveries of ready mixed concrete through a mobile application, available on iOS and Android. Customers can place, amend and confirm orders in just a few taps, and subsequently view upcoming deliveries and receive important notifications at their fingertips. They can likewise track the progress of ongoing pours, always informed of where their concrete is and when it arrives.

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