One of the top economists in the industry is stepping down. Ed Sullivan, senior vice president of market intelligence and chief economist, announced his resignation from the Portland Cement Association (PCA), effective March 1.
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Titan Cement International exceeded a $16 per share target for an initial public offering of newly designated subsidiary Titan America SA, the company stated. Shares opened at $16.20 for the February 7 New York Stock Exchange trading session and were part of a 24 million-share pool outlined in an investor prospectus.
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The Portland Cement Association (PCA) has weighed in on the national debate over international tariffs proposed by the Trump administration.
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Catalyzed fusion specialists at ENG8 have devised a solution to help tackle the main sources of carbon dioxide emissions in energy, cement and ceramics production by providing a cost-effective, energy solution and turning carbon dioxide capture into a profitable synthetic fuels business, the company stated.
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RHI Magnesita, a global supplier of high-grade refractory products, systems and solutions, completed the acquisition of the U.S.-based Resco Group for an enterprise value of $410 million.
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World Cement Association (WCA) President Wei Rushan recently addressed significant transformations shaping the global cement industry.
Read MoreA mid-October White House update on the progress of the Federal Buy Clean Initiative and companion Department of Energy (DOE) Industrial Demonstration Program, references Cemex USA, Heidelberg Materials North America, and Summit Materials for their commitment to measures that advance decarbonization goals or strategies underpinning Buy Clean and Industrial Demonstrations activities.
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Two New Plants And A New Acquisition To Boost The Country’s Cement Industry. By Mauro Nogarin
Read MoreConstruction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% (±1.2%) above the revised September estimate of $2,164.7 billion.
Read MoreAccording to U.S. Geological Survey (USGS) Commodity Specialist Jason Christopher Willett, portland, including blended, cement consumption was estimated to have decreased by 7% in the third quarter of 2024 compared with that of the third quarter of 2023.
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