Ballast Nedam to sell Ballast Phoenix to H2 Equity Partners

Dutch construction company Ballast Nedam and Dutch concrete company Microbeton are to work together and set up a joint venture named Concrete Valley. The new venture will be made up of Ballast Nedam's subsidiary Waco Lingen Beton and Microbeton. The company will focus on specialised solutions in the concrete industry. Financial details of the cooperation have not been released.

Dutch construction company Ballast Nedam has sold a 100% stake in its Societé d'Exploitation des Carrières d'Yvoir sandstone quarry to Belgian company Group De Cloedt. This is part of its strategy to boost its financial position. The quarry produces 600,000tonnes of sandstone annually.

Covanta Energy, one of the world's leading energy-from-waste (EfW) providers, has been awarded planning permission from Cheshire West and Chester Council to build an incinerator bottom ash aggregate (IBAA) facility at Ince Park, in County Cheshire north-west England.

UK-based Clugston has secured a £7.5 million (€8.52mn) contract to provide the civils work for a new bottom ash (BA) processing facility for Ballast Phoenix, who specialise in capturing and reusing the non-hazardous material left over from Energy from Waste plants.

Located at the Ferrybridge Power Station site in Knottingley, West Yorkshire, north England, the new facility will, when complete in summer 2019, process the BA generated by two adjacent Energy from Waste plants. Using Ballast Phoenix’s proce

Australia's largest construction materials and building products provider Boral made a net profit after tax of A$1bn (US$0.71bn) for the second half of 2021 compared to A$167m in the first six months of the year.