Business & Industry
Building Products
Lowe’s Announces Agreement to Acquire FBM for $8.8 Billion
Lowe's Companies, Inc. announced a definitive agreement to acquire Foundation Building Materials ("FBM") for approximately $8.8 billion.
In 2024, on a pro forma basis, FBM generated approximately $6.5 billion in revenue and $635 million in adjusted EBITDA2. From 2019 to...
Infrastructure
Transforming the Construction Industry with Eco-Friendly Building Materials
The construction industry confronts an environmental reckoning that demands immediate and comprehensive transformation. With buildings responsible for 39% of global energy-related carbon emissions and construction activities consuming approximately 3 billion tonnes of raw materials annually, the sector's environmental footprint...
Green Building
The Rise of Eco – Friendly Concrete Construction
The Rise of Eco-Friendly Concrete Construction: Adapting to Environmental Regulations and Growing Demand for Sustainable Practices
The construction industry stands at a pivotal crossroads where environmental responsibility and regulatory compliance are reshaping traditional building practices. Eco-friendly concrete construction has emerged...
Civil Engineering
Hydrogen-Powered Drilling Transforming Geotechnical Construction
The construction sector stands at a pivotal crossroads, driven by the urgent need for sustainable practices that reduce carbon emissions and minimise environmental impact. Among the frontiers of innovation is the integration of hydrogen-powered drilling technology, a promising development...
Building Products
Rapid Strength Concrete Global Market Outlook: 2025-2035
The global construction and infrastructure landscape is undergoing a profound transformation, propelled by the relentless pursuit of speed, durability, and sustainability. At the epicenter of this evolution is rapid strength concrete (RSC), a specialised category of concrete designed to...
Building Products
Ahlstrom Launches Flame-Gard™ Facers for Fire-Resistance Construction
Ahlstrom, a global leader in fiber-based specialty materials, introduces a facer with enhanced Flame-Gard™ technology. It is designed to improve fire resistance in the building and construction industry, along with other key performance attributes. Ahlstrom launches Flame-Gard™ facer paper...
Construction Equipment
XCMG Delivers Compact Hydrostatic Wheel Loaders to Europe
XCMG Machinery has recently shipped off a fleet of XC908HST compact hydrostatic wheel loaders to Hamburg and Germany. This will deliver highly efficient and environmentally friendly construction solutions to customers.
Europe imposes exceptionally high standards for equipment performance, environmental compliance,...
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