Tag Archives: construction

LUKOIL Initiates Construction of Solar Power Plant in Kazakhstan, Aiming for Sustainable Energy Solutions

(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release

Saint-Gobain Proposes Acquisition of CSR Limited, Furthering Global Expansion in Sustainable Construction

(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release

Skanska Secures Major Contract for LaGuardia Airport Infrastructure Upgrade

(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the … Read the full press release

Eni Confirms Construction of Italy’s Third Bio-Refinery in Livorno

(IN BRIEF) Eni has officially confirmed its plan to build Italy’s third bio-refinery in Livorno, as part of its decarbonization strategy aiming for carbon neutrality by 2050. The project includes the construction of three new facilities for the production of … Read the full press release

Holcim Announces Intent to List North American Business, Creating Leading Building Solutions Company

(IN BRIEF) Holcim plans to list its North American business in the US, creating a leading pure-play building solutions company. The listed business aims to focus on long-term growth in the North American market and unlock value for stakeholders. Jan … Read the full press release

NIB and Skanska Forge Path to Carbon Reduction with $75 Million Loan Deal

(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release

Logicor Strengthens Bologna Presence with Sustainable Warehouse Redevelopment

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has completed a redevelopment project in San Giorgio di Piano, Italy, enhancing its sustainability features. The project transformed the site, previously occupied by Mercatone Uno, into a … Read the full press release

Saint-Gobain Strengthens Construction Chemicals Portfolio with Acquisition of Menkol Industries in India

(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release

Logicor’s Flagship Redevelopment of Logicor Park Daventry Achieves Construction Milestone

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three … Read the full press release

Skanska Secures $106M Contract to Construct North Carolina State University’s State-of-the-Art Integrative Sciences Building

(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release

GTT and COSCO Shipping (Qidong) Offshore Ink Deal for Offshore LNG Technology Construction

(IN BRIEF) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release

Webuild Group’s Growth and Innovation Drive Focus on Workplace Safety and Sustainability

(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release

EIB Grants €34 Million Loan to Support Social Housing in Milan’s Sarpi District

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release

Construction Leader Hilti Adopts SAP’s Circular Economy Tool for Resource Optimization

(IN BRIEF) SAP has revealed that The Hilti Group, a leading provider of hardware, software, and services to the construction industry, is using the Circelligence solution to enhance its resource circularity. Developed with Boston Consulting Group (BCG), the tool is … Read the full press release

Construction Commences on Vesteda’s New Zuiderhof Complex in Rotterdam

(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release

Swedish Collaboration Pioneers Sustainable Construction with Fossil-Free Steel Building

(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release

ECE and Thalia Collaborate on Cutting-Edge Facility in Marl Business Park

(IN BRIEF) ECE and Thalia are collaborating on a EUR 100 million project to create an innovative commercial and production site in Marl. Thalia, a leading German omni-channel bookseller, aims to expand its capabilities through this venture, which will involve … Read the full press release

Rönesans Group Maintains Top 10 Position Among Europe’s Largest International Contractors

(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release

bp Initiates Construction on 187MW Peacock Solar Project in Texas to Support Clean Energy Transition

(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release

Proptech Pioneer GROPYUS Collaborates with Automation Expert KUKA for Automated Modular Construction

(IN BRIEF) GROPYUS, a proptech firm specializing in sustainable modular construction, and KUKA, an automation specialist, have announced a groundbreaking collaboration to create a fully automated and digitally managed production facility at GROPYUS’s Richen site in Germany. The investment, valued … Read the full press release

E.ON and Employees Fund Construction of School in Earthquake-Hit Turkish City

(IN BRIEF) E.ON, the energy company based in Essen, along with contributions from its employees, is financing the construction of a primary school in Hatay, Turkey, which was severely affected by earthquakes in February 2023. Following the earthquakes, E.ON initiated … Read the full press release

Lyon’s Holcim Innovation Hub: A Catalyst for Green Building Innovations

(IN BRIEF) Holcim has inaugurated its Innovation Hub in Lyon, France, designed to showcase sustainable building solutions and foster collaboration in the pursuit of low-carbon, circular, and energy-efficient construction methods. The multi-story Hub accommodates start-ups, think tanks, and experts, serving … Read the full press release

BASF Commences Construction of Innovative Syngas Plant in China for Enhanced Sustainability

(IN BRIEF) BASF has initiated the construction of a groundbreaking syngas plant at its Verbund site in Zhanjiang, China. This large-scale facility, slated to begin operation in 2025, stands out due to its unique process concepts designed to minimize carbon … Read the full press release

Skanska to Construct Ambitious and Climate-Friendly Care Home in Bergen, Norway, Valued at SEK 550 Million

(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release

Valio and St1’s Biogas Plant in Finland Advances Construction Preparations for Renewable Energy Production

(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is making progress with the construction preparations for a biogas production plant in Kiuruvesi, Finland. The company has finalized the site location through consultations with residents and agreement … Read the full press release

Polish Navy Commences Construction of Advanced Signals Intelligence Ships with Saab and Remontowa Partnership

(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release

Empa and Eawag Campus: A Model of Innovation and Sustainable Construction

(IN BRIEF) The future campus of Empa and Eawag is being designed as a leading example of environmentally friendly and climate-conscious construction. The campus incorporates various energy-saving and energy-generating ideas, from geothermal probes for seasonal energy storage to the use … Read the full press release

GRAHAM Embraces Artificial Intelligence to Transform the Construction Industry

(IN BRIEF) GRAHAM, a leading construction company, is harnessing the power of artificial intelligence (AI) to revolutionize the industry. Recognizing AI’s potential to address challenges like skills shortages and low productivity, GRAHAM has established a dedicated business intelligence team to … Read the full press release

Heidelberg Materials Pioneers CIRCO₂BETON® Project to Advance Closed-Loop Recycling and Decarbonization in Construction

(IN BRIEF) Heidelberg Materials is leading a large-scale closed-loop recycling project called CIRCO₂BETON® as part of its decarbonization strategy. The project involves the installation of an industrial-scale selective separation platform at its Achères quarry in France, where demolished concrete will … Read the full press release

Webuild Announces Seasoned Leader Gianni De Gennaro as Chairman of Eurolink for Sicily-Calabria Bridge Project

(IN BRIEF) Webuild has appointed Gianni De Gennaro as the chairman of Eurolink, the General Contractor responsible for constructing the Sicily-Calabria Bridge in southern Italy. De Gennaro’s selection is based on his extensive experience in both the public and private … Read the full press release

Wood to Continue Delivering Engineering and Marine Services to Brunei Shell Petroleum in $250 Million Contract Extension

(IN BRIEF) Wood, a leading global consulting and engineering firm, has secured a contract extension worth approximately $250 million from Brunei Shell Petroleum (BSP), the largest energy producer in Brunei. The two-year extension focuses on rejuvenating BSP’s offshore energy assets … Read the full press release

Norway’s Ytre Steinsund Bridge Project Awarded to Skanska

(IN BRIEF) Skanska has been awarded a contract worth NOK 800M (SEK 800M) by Vestland County to build the new Ytre Steinsund bridge in Solund municipality, Norway. The bridge will be 811 meters long, situated 50 meters above sea level, … Read the full press release

Global Building Materials Company Holcim Enters Guatemalan Market with Acquisition of Minerales y Agregados

(IN BRIEF) Holcim, a global building materials company, has announced the acquisition of Minerales y Agregados, a leading provider of advanced mortars and adhesives in Guatemala. This marks Holcim’s entry into the Guatemalan market and expands its Solutions & Products … Read the full press release

Georgia’s GRC Partners with EU and EBRD to Enhance Building Materials Offering

(IN BRIEF) GRC, the leading producer of building materials in Georgia, has partnered with the European Union (EU) and the EBRD to expand its product portfolio by introducing rain gutter systems. The EU4Business-EBRD Credit Line supported GRC’s investment in modern … Read the full press release

Campus Ullevål research center construction to begin in April 2023 by Skanska

(IN BRIEF) Construction company Skanska has won a contract to build a research centre in Oslo called Campus Ullevål, which will focus on climate, energy, environment, and engineering-related geosciences. The project, worth NOK 1.0 billion (around SEK 1.0 billion), will … Read the full press release

Construction software provider Nemetschek Group backs LiveCosts with initial investment

(IN BRIEF) The Nemetschek Group, a software provider for the AEC/O industry, has made an initial investment in LiveCosts, an Irish start-up that simplifies cost control in the construction industry with easy-to-use software connecting the office to the field. The … Read the full press release

Holcim takes a step toward circular construction with acquisition of Sivyer Logistics

(IN BRIEF) Holcim, a leading global construction materials and solutions company, has acquired Sivyer Logistics, a producer of recycled construction and demolition waste (CDW) in London. Sivyer Logistics utilizes advanced recycling and recovery technologies to recover over 500,000 tons of … Read the full press release

Santander and BNP Paribas’ UCI Launches Fund for Sustainable Residential Homes in Spain and Portugal with €440m from EIB, ICO, and EIF

(IN BRIEF) Banco Santander and BNP Paribas Group’s joint venture, Unión de Créditos Inmobiliarios (UCI), has launched a securitisation fund called RMBS Green Prado XI that aims to finance sustainable residential homes in Spain and Portugal. The European Investment Bank … Read the full press release

STARK Expands 24/7 Concept to Aalborg, Jutland

(IN BRIEF) Builders’ merchant STARK has launched its second 24/7 branch, located in Aalborg, Jutland. This new location will allow customers to access building materials and tools at any time, providing greater flexibility and convenience for craftsmen working on tight … Read the full press release

Skanska to build mixed-use development in Norway’s Helgerudkvartalet for NOK 410M

(IN BRIEF) Construction company Skanska has announced a NOK 410 million ($48.5 million) contract to build a mixed-use building in the Helgerudkvartalet urban development project in Sandvika, Norway. The building will include 8,500 square metres of housing and 8,200 square … Read the full press release