Martin Marietta Materials has entered into a definitive agreement to sell its Redding, Calif., cement plant and related cement distribution terminals to CalPortland for $250 million in cash. The deal also includes 14 ready mixed concrete plants in California.
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Titan America is now distributing Type IL portland-limestone cement from its Essex Cement storage and distribution facility at the Port of Newark, N.J., to Metro New York and New Jersey customers. Essex Cement is expected to sell the lower-carbon cement exclusively by the end of 2022.
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In comments submitted to the U.S. Department of Energy’s Advanced Manufacturing Office (AMO), the Portland Cement Association (PCA) stated that federal policy and support is vital to accelerate the deployment of technologies that can decarbonize the U.S. industrial sector.
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