More than 70 start-ups from around the world applied for the Global Cement and Concrete Association’s (GCCA) second Innovandi Open Challenge, which brings together cement and concrete manufacturers and tech start-ups to work on innovative ways to make low carbon concrete.
Read MoreEagle Materials reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%.
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The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) selected Heidelberg Materials North America to receive $5 million in funding through its Carbon Capture Demonstration Projects program.
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Member companies of the Portland Cement Association (PCA) met with Congressional offices and federal agencies in Washington on May 17 to detail vital policy steps for the cement industry to continue cutting long-term CO2 emissions.
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In a tri-party agreement with Svante Technologies and Dimensional Energy, Lafarge Canada will bring a demonstration of Dimensional’s carbon dioxide utilization technology to its cement manufacturing plant located in Richmond, British Columbia, Canada.
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Votorantim Cimentos ended the first quarter of 2023 with a net profit of R$78 million, reversing the R$317 million loss in the prior-year period. The company’s global net revenue in 1Q23 totaled R$5.8 billion, an increase of 18% compared to the same period in 2022.
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International refractory company RHI Magnesita recently opened its North American headquarters in Tampa, Fla., to serve as a hub for its current infrastructure in the United States, Canada and Mexico.
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Holcim invested in UK-based Coomtech, a cleantech start-up that offers an innovative low-emission kinetic drying technology for raw materials.
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Bruks Siwertell secured an order for a comprehensive conveyor system package from construction firm Borton LC as part of a plant modification project at Capitol Aggregates’ cement manufacturing facility in Texas.
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After more than four years at the helm of Votorantim Cimentos, Marcelo Castelli has resigned to become a member of the board of directors. Current COO Osvaldo Ayres Filho will succeed him.
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