Sika has announced its acquisition of FRC Industries, a fibre manufacturer based in Tuscaloosa, Alabama.
The company offers a full line of high quality synthetic polypropylene and steel fibres for concrete. Through this acquisition, Sika will be able to accelerate growth in the USA and further establish itself as a comprehensive supplier of solutions for the construction industry.
The concrete fibres of FRC Industries and the concrete colour additives of L.M. Scofield, a company acquired earlier this year, perfectly fit into Sika’s full range of concrete admixtures and allow Sika USA to offer a comprehensive portfolio of concrete additives. The expanded product offering will enable Sika to reach new customers and better penetrate key projects.
Christoph Ganz, Regional Manager North America: “The acquisition of FRC Industries is a welcome addition to our business and will support the continued growth in line with our Strategy 2018. We are proud to welcome FRC’s employees into the Sika team and we are excited about growing our businesses together.”
Source: World Cement
France has launched an offshore green hydrogen production platform at the country’s Port of Saint-Nazaire this week, along with its first offshore wind farm. The hydrogen plant, which its operators say is the world’s first facility of its type, coincides with the launch of another “first of its kind” facility in Sweden dedicated to storing hydrogen in an underground lined rock cavern (LRC).
The project sets up the Hydrogen Valley in Rome, the first industrial-scale technological hub for the development of the national supply chain for the production, transport, storage and use of hydrogen for the decarbonization of industrial processes and for sustainable mobility.
At first glance, hydrogen seems to be the perfect solution to our energy needs. It doesn’t produce any carbon dioxide when used. It can store energy for long periods of time. It doesn’t leave behind hazardous waste materials, like nuclear does. And it doesn’t require large swathes of land to be flooded, like hydroelectricity. Seems too good to be true. So…what’s the catch?