January 17, 2019 – Concrete Products

Boral Resources adds Mexico stations to fly ash supply chain

January 17, 2019 Concrete News

Sources: Boral Resources, Atlanta; CP staff

Boral Resources has acquired marketing rights for fly ash produced at two large coal-fueled power plants in Mexico, their combined annual output equating to a potential 1 million-plus tons of Class F fly ash for distribution throughout the western United States. The plants are Carbon II in Nava, Coahuila, located approximately 25 miles from the Texas border and accessible by truck or rail; and, Petacalco in Petacalco, Guerrero, located on Mexico’s Pacific Coast and accessible by rail or barge.

Sika bulks up mortar volume in $2.5 billion deal for Parex

January 17, 2019 Concrete News

Sources: Sika AG, Baar, Switzerland; CP staff

The Swiss parent of New Jersey-based admixture and construction products supplier Sika Corp. projects a second or third quarter closing on Parex, a key player in facade, technical and waterproofing mortars, plus tile adhesives. Sika AG will acquire the business, which reported 2018 sales of $1.1 billion, from a fund of CVC, a global private equity and investment advisory firm.