The Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan presented the association’s annual summer cement market outlook, predicting an increase in cement consumption over the next four years. Cement consumption through June 2021 increased 7.4%, said Sullivan during a webinar presentation of the outlook. However, he noted that as residential construction strength has…
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CEMEX Ventures Invests in Carbon Clean
CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, is the newest investor of Carbon Clean. The carbon capture tech company recently raised $8 million from CEMEX Ventures and its existing investors, bringing total capital raised in the last year to $30 million.
Read MoreCEMEX Strengthens Guatemala Presence
As part of its growth strategy, CEMEX will increase capacity in Guatemala with the construction of a $25 million grinding mill at its cement plant.
Read MoreWCA Names Newest Member
The World Cement Association (WCA) said global energy technology company Baker Hughes is the latest addition to its international community, joining as an associate corporate member.
Read MoreHolcim Sells Brazilian Business for $1 Billion
Holcim has reached a deal with Brazilian steelmaker CSN (Companhia Siderúrgica Nacional) for the divestment of its business in Brazil for an enterprise value of $1.025 billion. The sale includes five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities.
Read MoreCEMEX, Volvo Aim to Create First Zero-Emission Fleet
CEMEX will work together with Volvo Construction Equipment and Volvo Trucks to develop a zero-emissions fleet with electromobility solutions that aligns with CEMEX’s climate action program, Future in Action.
Read MoreJune Cement Shipments Remain Steady
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in June 2021 were an estimated 10.1 million metric tons (Mt), essentially unchanged from shipments in June 2020, according to the latest USGS Mineral Industry Survey. Shipments for the year through June totaled an estimated 50.4 Mt, a 5.1% increase from those for the same…
Read MoreHolcim Launches Nature-Positive Strategy
Holcim aims to become nature-positive by restoring and preserving biodiversity and water while bringing more nature into cities. Its strategy includes reducing water intensity to 211 liters per ton of cement by 2030 – a 30% reduction from the 2018 baseline.
Read MoreCalPortland Boosts Conservation Efforts with WHC Membership
CalPortland joined the Wildlife Habitat Council (WHC) as a corporate member, formalizing the company’s commitment to integrating biodiversity and conservation action into its sustainability efforts.
Read MoreLafarge Canada, Cematrix Renew Cement Supply Deal
Lafarge Canada and cellular concrete manufacturer Cematrix extended their joint marketing and cement supply agreements for another five years.
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