Construction news
Fitch Ratings raises the credit outlook of Cementos Argos to ‘Positive’
The company has received an upgrade in its credit rating outlook, going from ‘Stable’ to ‘Positive’ according to Fitch Ratings, an international credit rating agency.
A TEC commissions ReduDust Bypass Dust Treatment System
Ssangyong Cement Ind. Co. Ltd. is to install A TEC’s ReduDust system process in its Donghae, Korea plant.
GlobalData: Olympics to provide boost for Egypt’s construction industry
Following the news that Egypt is planning to bid to host the 2036 Olympic Games, Colin Foreman, Deputy Editor at MEED, part of data and analytics company GlobalData, offers his view.
GCC completes the issuance of a sustainability-linked bond
The company has completed the issuance of a US$500 million sustainability linked bond with an interest coupon of 3.614% and a maturity date of April 2032.
Pan-United and Surbana Jurong partner to decarbonise trucking fleet
As part of the partnership, Surbana Jurong will study and evaluate the potential of decarbonising Pan-United’s fleet of concrete mixer trucks and tipper trucks that currently operate on diesel.
Plastica invests in block bottom sack conversion from Starlinger
The company has operated a Starlinger block bottom sack conversion line since 2018 and supplies AD*STAR sacks to local and international cement producers such as CIMIVOIRE, Ivory Diamond Cement, Cimfaso and Cimasso.
GCCA announces verification of its Environmental Product Declaration 3.1 tool
The tool will help cement and concrete manufacturers better understand the environmental impact of their products and processes.
Ambuja Cement Foundation and Sir Mathuradas Vissanji Education Trust encourage machine operations and manufacturing training at Skill & Entrepreneurship Development Institute
Thanks to the Sir Mathuradas Vissanji Education Trust, Ambuja Cement Foundation (ACF) has been able to install a CNC plasma cutting machine at its Skill & Entrepreneurship Development Institute (SEDI) in Ambujanagar and Chandrapur to encourage girls’ participation in machine operations and manufacturing.
CEMEX and COBOD introduce 3D printing technology
The companies have announced the introduction of a 3D printing solution that utilises conventional ready-mix concrete in the building process.
Udaipur Cement Works Limited initiates CNG-based green mobility for cement dispatch
UCWL has become the first cement company in the Southern Rajasthan region to introduce CNG-based trucks for the dispatch of cement.