08 November 2018
02 November 2018
30 October 2018
US: GCP Applied Technologies’ net sales from its Specialty Construction Chemicals division grew by 5.9% year-on-year to US$165m in the third quarter of 2018 from US$156m in the same period in 2017 due to higher volumes in its Concrete and Cement businesses. Overall, the company’s net sales rose by a similar percentage. It manufactures a range of additives for cement production under the Opteva and Tavero brands.
Canada: CEMSI, a subsidiary of Kontrol Energy, has received an order worth US$0.8m for an emissions analyser for an unnamed ‘global’ cement company. The product offers on-going regulatory compliance and process data to meet government requirements and reduce fuel and energy costs associated with production. The company said that it has withheld the name of the customer due to ‘industry competitive purposes.’
CEMSI, Is an integrator of turnkey continuous emissions and process monitoring equipment solutions, serving the
Canadian and US market. Currently, up to 40% of CEMSI’s revenues are recurring under multi-year service agreements. It was acquired by Kontrol Energy in September 2018.
“This is a significant new order for the CEMSI operating team and adds to a growing vertical line of business in emissions compliance,” said Paul Ghezzi, chief executive officer (CEO) of Kontrol Energy.
UAE: Al Khair National has suspended talks to sell a 38% stake in Gulf Cement to Liberty House Group. Negotiations originally started in December 2017.