Saint Gobain to build on construction momentum after a year record

27 Feb 2022 CW Team

Saint-Gobain had reported a full-year growth record and earnings with Celotex and Lapeyre brands citing momentum in American and Asian construction markets and its exposure to the European renovations.

The company told the media that it had witnessed an 18.4% year-on-year (YoY) organic revenue growth in 2021. It said it had increased prices in an attempt to offset the impact of inflation.

The company said that the price effect was positive at 6.7% for 2021, increasing steadily throughout the year and

standing at 9.5% in the second half (H2) and 10.3% in the fourth quarter (Q4). As power prices have constrained industrial production and higher bills to the consumers, the European Commission has called on EU states to use the €750 billion recovery fund to renovate buildings to cut power usage.

It will force all governments to move towards green energy, decarbonise the industry and insulate public and private buildings at full pace.

Chief Executive Officer of Saint-Gobain, Benoit Bazin, said that Brussels has estimated that 35 million buildings require renovation by 2030 as part of the region's 2050 carbon neutrality shift.

Saint-Gobain is a manufacturer and distributor in sectors ranging from automotive and food and beverages, reporting a 57.9% growth in operating income to €4.51 billion.

Image Source

Also read: Saint Gobain plans to triple revenue to Rs 30000 cr in 10 years

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..