Cement Market Briefs – Sept/Oct 2023

Martin 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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Construction, Cement and Steel

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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