According to Bloomberg, Heidelberg Materials is the mystery bidder that Summit Materials referenced in a recent proxy filing. The company said it had rejected two takeover proposals from an unnamed suitor with the latest made on Oct. 18 for $38 per share.
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Chryso & GCP (Saint-Gobain Construction Chemicals) announced the opening of a new application lab in Chicago that will provide timely and valuable support to North American customers.
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Continental Cement, a Summit Materials subsidiary, entered into a Memorandum of Understanding (MoU) with PCC Hydrogen to develop a fuel replacement strategy to lower carbon emissions from its cement manufacturing process.
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Christopher Ashworth is the new president of FLSmidth Cement, effective immediately, succeeding Asger Lauritsen, who left the position in August.
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Holcim US announced a $100 million investment in its Ste. Genevieve, Mo., cement plant – the largest cement-producing facility in North America and one of the most technologically advanced and environmentally efficient facilities in the world.
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Cementos Moctezuma and Fives FCB signed a contract for the supply of one FCB Horomill 3800 grinding mill and associated supervisory services for erection and commissioning.
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Anti-Aging Solutions For Cement Plants And Tackling New Challenges Due To Refuse Derived Fuel. Edited by Mark S. Kuhar Fulfilling a large order may mean that a cement plant needs to keep running at full capacity over extended periods. This creates risk as major cracks and wear can develop in equipment. Vladimir Filipov, key customer manager at repair specialist Remoterm,…
Read MoreMartin Marietta Finds New Tehachapi Buyer – Martin Marietta Materials has entered a definitive agreement to sell its Tehachapi, Calif., cement plant to Unacem Corp., Peru-based parent company of Arizona’s Drake Cement. The transaction follows an abandoned deal between Martin Marietta and CalPortland earlier this year. With a projected closing by year end, the $317 million cash deal will position…
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The Covid-19 pandemic was one of the most disruptive events of the last 100-plus years, on the level of two world wars, although it did not last as long. But like the world wars of the past century, when women were enlisted to work in factories in all manner of jobs previously held by men so the men could go…
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It is tough to keep up with all of the fast-paced developments in the world of carbon reduction. Our sister website, Construction Materials Carbon Management [CM2] does a very good job of it. The following item is very intriguing: Cambridge University researchers have conducted the first scrap-metal trial melt in the Materials Processing Institute (MPI) Cement 2 Zero project, aiming…
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