By Mauro Nogarin According to data from the National Union of the Cement Industry (SNIC), cement sales in February 2024 totaled 4.6 million tons, thus registering an increase of 3.9% compared to the same month in 2023. However, the cement production outlook for 2024 is 62 million tons, 2% more than last year. The North Region had an increase in…
Read MoreTotal construction starts rose 6% in April to a seasonally adjusted annual rate of $1.13 trillion, according to Dodge Construction Network. Nonresidential building starts gained 17%, nonbuilding starts were 4% higher, while residential starts slipped 1%. On a year-to-date basis through April total construction starts were up 13% from the first four months of 2023. Residential starts were up 22%,…
Read MoreThe U.S. Geological Survey reported that the estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2024 was 455 million metric tons (Mt), a decrease of 3.9% compared with that of the same period of 2023. Major companies reported significant decreases in construction aggregates shipments due to poor weather conditions (Martin Marietta Materials,…
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Following the Federal Reserve’s recent signaling of a single 2024 interest rate cut, Portland Cement Association (PCA) Chief Economist Ed Sullivan sees a return this year of two forces – one exposed to, the other mostly shielded from borrowing costs – that shaped 2023 private and public construction activity. High interest rates drove down residential and commercial building volume last…
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U.S. Department of Energy Under Secretary for Infrastructure David Crane announced his agency’s plan to negotiate an award up to $500 million to help fund a full-scale carbon dioxide capture, transport and storage facility at Heidelberg Materials’ recently upgraded Mitchell, Ind., cement plant. He outlined the prospective award during a March 25 gathering of 100-plus at the 2.4-million-mtpy capacity operation.…
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Lafarge Canada, a member of Holcim Group, and Canadian carbon technology innovator Hyperion Global Energy launched the latter’s patented Tandem Carbon Recycling System pilot at Lafarge’s Bath cement plant in Ontario.
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U.S. cement industry leaders are on Capitol Hill this week to meet with members of Congress and their staff to discuss progress with decarbonization efforts, challenges with the permitting process and more stringent emission standards recently finalized by the Biden Administration.
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The Wildlife Habitat Council (WHC) awarded four Cemex projects across the United States and Mexico for excellence in corporate conservation in the categories of Awareness and Community Engagement, Desert, Formal Learning and Training. The recognitions were unveiled during the WHC Conservation Conference in New Orleans.
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Carbon Upcycling Technologies, a decarbonization and carbon capture and utilization solution for hard-to-abate industries, announced Steven Berkenfeld as the new chair of its board.
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In an effort to strengthen international collaboration to accelerate progress toward near-zero emission cement production by 2030, the Canadian government has released the Cement and Concrete Breakthrough Priority Actions plan.
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