Huntsman Corp. of The Woodlands, Texas has commenced work on a 30 ton per year Miralon carbon nanotube materials plant, output from which can be used for specialty concrete admixtures, high-performance composites, electric vehicle batteries and long-wear tires. Miralon structural carbon comprises nanotube-based materials produced as additives, dispersions, sheets or yarn. The materials are lightweight, thinner than a human hair,…
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Sika closes Master Builders deal with former Chryso underwriter
The parent of New Jersey-based Sika Corp. has consummated two transactions on its European home turf, both continuing a global concrete admixtures business transformation that began with 2021-22 Saint-Gobain Group deals for Chryso Group and GCP Applied Technologies. Sika AG of Baar, Switzerland acquired MBCC Group of Mannheim, Germany, then sold the Master Builders Solutions brand and MBCC assets in…
Read MoreSika parent tracks progress in MBCC Group takeover
The Swiss parent company of Sika Corp., Lyndhurst, N.J., expresses confidence in the prospects for a second half closing on Master Builders Solutions owner, MBCC Group, based in Mannheim, Germany with a Americas headquarters in Cleveland. The companies announced their nearly $6 billion merger plan late last year, subject to approval by regulators on both sides of the Atlantic, who…
Read MoreGCP formulates agents neutralizing clay factor in sub-par aggregates
Sources: GCP Applied Technologies Inc., Cambridge, Mass.; CP staff
The former Grace Construction Products business arrived at 2017 ConExpo-Con/Agg with new sand & gravel additives and concrete admixtures aimed at mitigating poor quality aggregates’ effect on fresh mix and finished slab or structure performance. The Clarena product portfolio was front and center at GCP Applied Technologies’ Las Vegas Convention Center booth during the March 7-11 show.
Read MoreGCP to sharpen admixture, materials focus upon dispatching Darex business
Sources: GCP Applied Technologies Inc., Cambridge, Mass.; CP staff
A binding, $1 billion offer from Germany’s Henkel AG & Co. for GCP Applied Technologies’ Darex Packaging business positions the seller to pursue growth opportunities in concrete admixtures and other construction or building materials. “The transaction will allow us to enhance our focus and provide a strong balance sheet for internal investment and bolt-on acquisitions necessary to provide new products, technologies, and solutions that offer layers-of-value for our customers,” says GCP CEO Gregory Poling.
Read MoreParent company maps Grace Construction Products’ independent future
Directors have approved a plan to separate Columbia, Md.-based W.R. Grace & Co. into two independent, publicly traded companies, each with interim designations: New GCP, spanning concrete admixtures- and cement additives-anchored Grace Construction Products, and New Grace, comprised of petroleum and chemical processing-driven Catalysts and Materials Technologies.
Parent company maps Grace Construction Products’ independent future
Sources: W.R. Grace & Co., Columbia, Md., CP Staff
Directors have approved a plan to separate Grace into two independent, publicly traded companies, each with interim designations: New GCP, spanning concrete admixtures- and cement additives-anchored Grace Construction Products, and New Grace, comprised of petroleum and chemical processing-driven Catalysts and Materials Technologies.
General Resource creates Mapei Americas admixture platform
Deerfield Beach, Fla.-based Mapei Corp. has closed on Minnesota admixture producer General Resource Technology, eyeing synergies with its adhesive, coating, grout and mortar portfolio, while extending GRT offerings beyond the Central U.S., first toward the coasts and eventually to Canada and Mexico.
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