GCC, a supplier and producer of cement and concrete in the United States and Mexico, reported consolidated net sales increased 17.9% year-on-year to $416.1 million in the third quarter of 2023.
Read MoreGCC Reports Positive Third Quarter Results
Author: Cement Optimized News
WCA Specialist Networking Platform Launches
The World Cement Association (WCA) launched its specialist networking platform, The Cement Network, in cooperation with The World Cement Network. It is designed to cultivate collaboration within the sector, enable the development of talent and offer expert Human Resources services.
Read MoreSublime Systems Says Its Low Carbon Process Validated by LCA
Sublime Systems said a screening life cycle assessment (LCA) conducted by Climate Earth validates its electrified process, which can eliminate more than 90% of the global warming potential (GWP) of cement manufacturing, when compared to ordinary portland cement.
Read MoreSolidia Partners With Carbon Credit Provider
Solidia Technologies recently entered an agreement with 3Degrees, a global climate solutions provider, to manage the measurement, verification and sale of the greenhouse gas emission benefits generated from Solidia’s technology. The resulting credits, which include carbon removal, will be purchased by organizations to reduce their scope 3 emissions from cement and concrete or to compensate for other greenhouse gas emissions.
Read MoreGCCA Touts On-Demand Environmental Product Declarations
The Global Cement and Concrete Association (GCCA) and consultants WAP Sustainability have taken a major step toward greener construction for the industry, with the launch of on-demand Environmental Product Declarations (EPDs) for concrete producers in North America. The new EPD on-demand service will enable producers to quickly, accurately and cost effectively produce verified EPDs of their products. EPDs are becoming…
Read MoreConstruction Starts Increase in August; Highways Surge
Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.3 trillion, according to Dodge Construction Network. Nonresidential starts rose 40% thanks to a large pickup in manufacturing and transportation buildings. Residential and nonbuilding starts fell 1% and 14%, respectively. Highway and bridge starts jumped 19%. Year-to-date through August 2023, total construction starts were 5% below…
Read MoreConstruction Spending in August Rises for Month, Year
According to the U.S. Census Bureau, construction spending during August 2023 was estimated at a seasonally adjusted annual rate of $1,983.5 billion, 0.5% (±1.2%) above the revised July estimate of $1,973.7 billion. The August figure is 7.4% (±1.8%) above the August 2022 estimate of $1,847.3 billion. During the first eight months of this year, construction spending amounted to $1,284.7 billion,…
Read MoreSummit Materials Mystery Bidder Revealed
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.
Read MoreChryso, GCP Open Chicago Application Lab
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.
Read MoreContinental Cement Inks Deal With PCC Hydrogen
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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