Ballast Nedam and Microbeton’s concrete cooperation

H2 Equity Partners is to acquire Ballast Phoenix, a UK-based aggregates recycling business, from Dutch construction company Ballast Nedam. The £30 million (€37.52 million) sale is expected to be completed by the end of June 2014. Ballast Phoenix processes incinerator bottom ash into construction aggregates.

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.

South Africa’s largest cement maker PPC has named its next CEO with the appointment of Dutch-national Roland van Wijnen.

With 17 years of experience at LafargeHolcim, Van Wijnen was chosen following a global search, which kicked off in November 2018, to find the successor to Johan Claassen.

“Considering the specialised nature of the industry, and its challenges, as soon as Johan decided to
retire, the board began a process to identify a high calibre candidate, with extensive experience in
leading c

The UK's Competition Commission (CC) will require Anglo American and Lafarge to sell a significant portfolio of operations, paving the way for entry by a new competitor into the UK cement market, before their proposed construction materials joint venture can go ahead. In February, the CC provisionally ruled that the joint venture between Anglo American and Lafarge could damage competition in certain markets for construction materials.

CEMEX Ventures, Mexican building materials giant CEMEX’s corporate venture capital unit, says it is preparing to enter the Chinese market with the support of Glodon, a digital platform service provider in construction industry headquartered in Beijing, and Interdream Ventures, a venture capital firm that focuses on the digitalisation of construction and decoration industry.

A collaboration agreement has been signed to develop synergies between the parties to innovate within the construction industry.