By Ed Sullivan The latest economic data, on its surface, presents a stronger-than-expected economic picture. Headline GDP growth of 3% exceeded most expectations even in the context of slower consumer spending. Headline consumer confidence edged up, although the present situation index eased a bit. Inflation measured by the personal consumer expenditures came in at 2.8% year-over-year (Y-O-Y), a bit stronger…
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Calgary-based Carbon Upcycling was one of 10 companies from around the globe to win the 2025 Keeling Curve Prize, part of the Global Warming Mitigation Project. Winners were awarded $50,000 to help scale their pioneering climate solutions.
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Fortera and Graymont signed a strategic partnership agreement to produce Fortera’s ReAct low-carbon cement, leveraging Graymont’s existing lime production operations and innovations in sustainable building materials.
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Martin Marietta Materials Inc. has entered into a definitive agreement with Quikrete Holdings Inc. for the exchange of certain assets. Under the terms of the agreement, Martin Marietta will receive aggregates operations producing approximately 20 million tons annually in Virginia, Missouri, Kansas, and Vancouver, British Columbia, Canada, as well as $450 million of cash.
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Heidelberg Materials reported that it has delivered “very good results” in the second quarter of 2025, in a persistently challenging market environment. The company increased its revenue slightly by €177 million or 3% to €5,683 million compared with the same quarter of the previous year.
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Titan America SA announced its second quarter 2025 financial results. The company reported revenue of $429.2 million, compared to $433.1 million in the second quarter of 2024. Revenues were affected primarily by adverse weather conditions in the quarter, especially in the Mid-Atlantic segment, and continued softness in residential markets.
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Union Pacific Corp. and Norfolk Southern Corp. announced an agreement to merge and create America’s first transcontinental railroad. The deal will connect more than 50,000 route miles across 43 states from the East Coast to the West Coast, linking approximately 100 ports and nearly every corner of North America.
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Carbon Upcycling Technologies and Ash Grove, a CRH Company, broke ground on Carbon 1 Mississauga – a Canadian first-of-its-kind commercial carbon capture and utilization facility at Ash Grove’s cement plant in Mississauga, Ontario.
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Utah-based Eco Material Technologies signed an agreement with CRH to be acquired for $2.1 billion. Following the closing of the transaction, the business will operate as Eco Material Technologies, a CRH Company.
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Eagle Materials Inc. announced financial results for the first quarter of fiscal 2026 ended June 30, 2025. The company is reporting record revenue of $634.7 million, up 4%, but net earnings of $123.4 million, down 8%.
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