Cement Market Briefs – Sept/Oct 2023

Martin Marietta Finds New Tehachapi Buyer – Martin Marietta Materials has entered a definitive agreement to sell its Tehachapi, Calif., cement plant to Unacem Corp., Peru-based parent company of Arizona’s Drake Cement. The transaction follows an abandoned deal between Martin Marietta and CalPortland earlier this year. With a projected closing by year end, the $317 million cash deal will position…

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Shrinking the Environmental Footprint

According to Command Alkon, decarbonization of the cement and construction industry is essential to reach the goals set out in the 2015 Paris Agreement, which seeks to limit global warming to well below 2 degrees Celsius, preferably to 1.5 degrees Celsius, compared to pre-industrial levels. This includes a goal to reach net zero global greenhouse gas emissions by 2050. Importantly,…

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Regal Rexnord Displays RexPro Engineered Steel

Regal Rexnord Corp., a global manufacturer focused on the engineering and manufacturing of electric motors and controls, power generation products and power transmission components, featured its RexPro engineered steel chain and bearings product line at the 2023 IEEE-IAS/PCA Cement Conference at the Dallas-Hilton Anatole, April 23-27.   Visitors to the company’s booth participated in a hands-on demonstration by the Regal Rexnord…

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Continental Cement to Get FLSmidth Alternative Fuel Tech 

Continental Cement, a wholly owned subsidiary of Summit Materials, awarded FLSmidth a contract for the first commercial installation of the FUELFLEX Pyrolyzer at its Davenport cement plant in Buffalo, Iowa. FLSmidth’s FUELFLEX Pyrolyzer enables cement plants to replace fossil fuels with waste-derived fuels in the calciner. The technology offers a lower CAPEX solution than competing technologies, noted FLSmidth, with the…

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CEMEX Ventures Invests in Clean Energy Startup

CEMEX and CEMEX Ventures were also among investors that participated in Synhelion’s latest financing round. The clean energy company raised CHF 22 million ($23.6 million). The proceeds of the investment round will accelerate Synhelion’s growth and support the scaling and commercialization of its unique and validated technology. In addition to the important funding, the invaluable and extensive know-how and technology…

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Punching Their Ticket

Pan Pacific Cement Expedites The Ticketing Process For A High Volume Of Truck Traffic At A Facility With An Estimated Capacity Of 1.2 Million Tpy. Edited by Mark S. Kuhar Pan Pacific Cement is a leading cement distributor in California. The company was founded in 2007 and distributes cement throughout California and Nevada.  Its state-of-the-art cement terminal is in Sacramento,…

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Country Report: Cement Production in Uruguay Recovers

By Mauro Nogarin After registering six consecutive quarters of year-on-year declines, the Uruguayan Ministry of Economy ratified the official growth projection for the economy of the country: 3.5% in 2021, after registering a year-on-year decline in the first quarter of 2.8%. Among the indicators that confirm a better performance of the economy are tax collection, industrial production and the evolution…

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HeidelbergCement to Sell $660M in U.S. Assets

HeidelbergCement, through subsidiaries Essroc Corp. and Lehigh Hanson Inc., entered into a definitive agreement with Cementos Argos’ subsidiary Argos USA to sell several assets for $660 million. The transaction includes Essroc’s Martinsburg, W.Va., cement plant and seven terminals in Virginia, Maryland and Pennsylvania, plus a Lehigh terminal in upstate New York.

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LafargeHolcim Realigns Executive Committee

LafargeHolcim announced changes to its executive committee reflecting an evolved global portfolio following recent divestments and a transition to the next phase as it closes the integration phase of the Lafarge Group and Holcim Ltd. merger. Representing the Western Hemisphere are region heads Pascal Casanova, North America, and Oliver Osswald, Central and South America.

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