Swedish-based construction and mining toolmaker Atlas Copco is selling its roadbuilding equipment division to Fayat Group and will purchase a German manufacturer of drum-cutter attachments for excavators.
The world’s number two cement maker is making steady strides in closing a €3.7 billion deal in a consolidating building materials market. It’s also doing some interesting tinkering in the Caucasus and West Bank.
HeidelbergCement is turning its eyes to Washington in anticipation of an antitrust ruling, perhaps in as soon as two weeks, which is the German-based building materials giant’s next big hurdle in its ongoing effort to acquire Italcementi.
Photo courtesy Gazprom The South Stream Transport partnership last year commissioned three producers -- Europipe, United Metallurgical and Severstal -- to fabricate 75,000 12-meter pipes for $1 billion for the Black Sea section of the project. With South Stream now cancelled and the partners bought out, Gazprom looks to redirect its efforts to Turkey. Related Links: Work on Southern Gas Corridor Begins With South Caucasus Pipeline Expansion The cold bed of the Black Sea is once again the focus of the state-controlled Russian energy giant Gazprom as its engineers plot to resuscitate its South Stream pipeline project using new routes.
Related Links: Google Invests In Solar Africa Morocco Pushing Solar Project in Western Sahara A $24-million photovoltaic field under construction in Rwanda is nearing completion on land belonging to a village built to house orphans from the central African country’s genocide 20 years ago.Even as the nation and many parts of the world paused this month to mark this grim anniversary, Rwanda’s infrastructure is improving, and its economy, perhaps, is pursuing a steady road to growth, relying less on volatile commodity prices and more on knowledge and ease of doing business.The 8.5-MW photovoltaic field is perched on top of a