PRECAST CONCRETE MARKET ANALYSIS
Global Precast Concrete Market: Key Developments
In March 2021, Gülermak A.Ş. received an underground metro railway civil contract for US$ 103.4 million along with a joint venture (JV) with Sam India Builtwell Pvt. Ltd. The project was awarded by the Uttar Pradesh Metro Rail Corporation Limited (UPMRCL) to build 8.62 km of underground tunnel including four stations for Kanpur city metro rail project. The contract is expected to display the company’s capability in the Indian construction and infrastructure market, thereby strengthening its market position in the Indian construction market.
In July 2019, LafargeHolcim signed an agreement to acquire Romania’s precast concrete producers, Somaco. With this acquisition, the company aims to strengthen its geographical presence in Romania where it already has a spread in aggregates and ready-mix concrete business.
In February 2019, LafargeHolcim completed acquisitions of U.S. based Transit Mix Concrete and Germany based Alfons Greten Betonwerk to enhance its business offerings in North America and a region.
In October 2021, Jogani Reinforcement launches polyfiber 3S new generation concrete and construction fiber for durable and crack free infrastructure in India
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