These chemicals can be categorized into different product segments including concrete admixtures
, construction adhesives, construction sealants, protective coatings, and waterproofing chemicals.
This transaction is another step in MAPEI Americas' plan to convert into a top player in the concrete admixture
market, CEO Luigi Di Geso said, adding that that the acquisition will further step up the growth rate of MAPEI's concrete systems category.
The healthier economic outlook is benefiting firms involved in infrastructure and structural work and the supply of concrete admixtures
and chemicals, whose products and services are now being specified by clients.
According to Craig Merrill, vice president of the company's Americas for Grace Construction Products unit, Rheoset's product lines complement Grace's concrete admixture
product and technology portfolio and their combination will provide new customer solutions as well as create new value in the segment.
Grace & Co (NYSE:GRA), revealed on Monday that the company will increase prices on its concrete admixture
and decorative concrete product lines by 6% to 10%.
[USPRwire, Fri Mar 22 2019] Adroit Market Research launched a study titled, "Global Construction Chemicals Market Size 2017 by Type (Concrete Admixture
Construction, Adhesive Construction, Sealants Protective Coatings), by Application (Residential, Non-Residential/ Infrastructure), by Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) Trends and Forecast 2018 to 2025".
The trade show spanned upwards of 64,000 net square feet of exhibit space, its 292 exhibitors ranging from heavy equipment manufacturers to concrete admixture
and accessory suppliers.
Ahmad J.E'wida, Mapei market manager: concrete admixture
, said: "The 100% growth in the sales of our admixture line is an important milestone that underlines the reputation of Mapei as one of the most trusted and recognisable brands in the UAE construction market."
Mapei has also introduced an exclusive range of concrete admixture
products that have been specifically developed to address technical and efficiency issues in the concrete industry, particularly in the UAE where there is a growing concern over energy efficiency and the carbon footprint of construction materials and practices, it said in a statement.
Cambridge, Mass.-based GCP Applied Technologies' two global businesses, concrete admixture
mainstay Grace Construction Products and Darex Packaging Technologies, have 2,800-plus employees in locations on six continents, and serve customers in more than 110 countries.
Moreover, with the development and introduction of innovative precast concrete admixtures
, contractors and developers are now able to further optimise the benefits of using precast concrete, particularly in terms of energy and utility costs," said Ahmad J.E'wida, concrete admixture
market manager at Mapei.
Mapei revealed that the new concrete admixture
product line could also help to produce 'greener' concrete as it minimises energy use during mixing, application and finishing and reduces cement and water content, resulting in lower carbon footprint.
Sika has relocated its concrete admixture
and mortar production in Almaty, in the south of Kazakhstan, to a larger site in the 1.7-million-population city.
LignoTech USA, the world's leading supplier of lignin-based products to concrete admixture
producers announced late last month a critical supply imbalance impacting North American accounts.
Approximately one year after its national subsidiary was founded in Ethiopia, Sika is opening the first concrete admixture
production plant in the country.