Sources: Cinven Partners LLP, London; Chryso Group, Issy-les-Moulineaux, France; CP staff
An international private equity firm with a Europe-centric portfolio, Cinven has entered negotiations to acquire concrete, cement and construction chemical specialist Chryso Group based outside Paris. The business encompasses 29 manufacturing facilities, four research & development centers and 1,100-plus employees across Chryso Inc. in Rockwall, Texas, and sister operations world wide.
Sources: Euclid Group, Cleveland; CP staff
With an eye to global construction, structural and civil engineering markets, Euclid Chemical parent RPM International has formed Euclid Group, encompassing the namesake concrete admixture and materials business, plus sister subsidiaries, operating companies or brands Eucomex, Toxement, Cave, Viapol, Flowcrete, RPM Belgium and Vandex.
Sources: Sika Corp., Lyndhurst, N.J.; CP staff
Sika has acquired Tuscaloosa, Ala.-based FRC Industries, citing it as the fastest growing concrete reinforcing fiber producer in the U.S. Founded in 2001, the company has a full synthetic polypropylene product line and serves markets east of the Mississippi River.
A November 2013 CSHub research profile letter, “Early hydration: A local business,” charts calorimetry (heat measurement) curves from tricalcium silicate paste experiments—with specimens of three particle size distributions (PSD)—to support a proposed model of microstructure-based kinetics. It suggests a “reaction zone” extending a few micrometers in from the cement particle surface, and can reconcile longtime observations on PSD and water/cement ratio.
Source: Momentive Specialty Chemicals, Inc., Columbus, Ohio; CP staff
A company formed in late-2010 from Momentive Performance Materials and Hexion Specialty Chemicals—successors to GE Silicones and Borden Chemical—debuted its HexiCrete product line for producers and contractors at World of Concrete (January 18–21, Las Vegas). Charter offerings are pervious and roller compacted concrete admixtures, zero-VOC Type I & II curing compounds, and a penetrating sealer.