Urban construction requires high-strenth concrete and reinforcement solution for demanding projects like highrise buildings or infrastructure projects where the concrete has to withstand high pressures. In recent years, Sika has expanded its presence in the fast-growing concrete reinforcing fiber market, with several acquisitions and investments in new production lines.
Highways England has revealed that self-driving trucks are being tested on the UK’s biggest road upgrade, the A14 improvement scheme between Cambridge and Huntingdon, which is being delivered by a joint venture comprising Costain, Balfour Beatty and Skanska.
Normet posted a very strong fiscal year 2018. Turnover grew by 21% to 315 Million Euro and earnings before depreciations and amortizations (EBITDA) reached 38 Million Euros almost doubling from 2017.
Cimic Group companies, Pacific Partnerships, CPB Contractors, and UGL, as part of the Pulse consortium, have been selected by the Cross River Rail Delivery Authority (CRRDA) as the preferred proponent to deliver the Tunnel, Stations and Development (TSD) Public Private Partnership package of Brisbane’s Cross River Rail Project.
Sika is developing its mortar plant in Alexandria, Egypt, and investing in additional production lines. This expansion will bring its capacities into line with the rising demand from the booming construction market. Egypt has one of the largest populations of all the countries in the region, with some 100 million inhabitants and a thriving construction industry.
On the 1st April 2019 Mr Ralf Petzold, current member of the management of Komatsu Germany GmbH, will take on the overall management of all three business areas, namely the Mining, Construction and Industries Divisions, as Chairman of the Board.
“We are ready with Fincantieri to start work on the underpinnings of the bridge 10 days ahead of the scheduled March 31 date because Genoa must return to work again, offering a future to all those workers who can find a job on work sites dedicated to the construction of infrastructure.
Works are expected to be completed within three weeks
Industry-leading wet processing equipment designer and manufacturer CDE has announced plans to introduce its new Combo all-in-one wet processing plant to the global market.
Sika Peru has opened new headquarters in the metropolitan area of Lima and introduced a modern plant for the production of concrete admixtures, mortar products, and acrylic liquid applied membranes (LAM). With this new plant, Sika is tripling its production capacities and strengthening its market position in Peru.
BAM International (the operating company of Royal BAM Group active outside Europe) – together with JJM Construction (Canada) and Manson Construction (USA) – has received the full order to build the new Rio Tinto BC Works Terminal A on behalf of LNG Canada.
Sika is expanding its presence in Kazakhstan and strengthening its position in two of the country's growth regions. To reinforce existing production operations in Almaty in the southeast of the country, Sika is simultaneously commissioning two further concrete admixture production plants, one in the capital Astana and the other in Atyrau in the west.
Global engineering giant DYWIDAG-Systems International has announced its acquisition of UK-based leading global monitoring company, Datum Group.
Sika is developing its operations in the United Arab Emirates (UAE) with the opening of a new factory in Dubai. An existing production facility for concrete admixtures has been relocated to the new site and expanded. A state-of-the-art mortar facility and a reactor for producing polymers have been installed and will constitute the basis for the production of high-performance concrete admixtures. Furthermore, the new facility will play a strategic role as a sales and distribution center for the region.
SNC-Lavalin has been closely following developments in regards to the media coverage and commentary of the dispute between Canada and the Kingdom of Saudi Arabia, resulting in the suspension of new trade with Canada. We have had questions from investors, analysts and media, and therefore, in accordance with our disclosure practices, we are giving this update.
Normet posted a very strong first half of year 2018. Turnover grew by 24% and earnings before depreciations and amortizations (EBITDA) more than doubled in comparison to the same period in 2017. Full year 2018 forecasts for both turnover and earnings have been increased.