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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Cement Shipments Drop 2.8% in February

cement plant

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in February 2023 were an estimated 6.6 million metric tons (Mt), a 2.8% decrease from shipments in February 2022, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported in February 2023, 2.1 Mt (96%) was estimated to be portland-limestone cement…

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Cement Leaders Tie CO2 Reduction to Permitting, Regulatory Certainty 

During a panel at the IEEE-IAS/PCA Cement Conference in Dallas, Portland Cement Association (PCA) producer member executives confirmed that alternative fuel usage and carbon capture storage (CCS) technology are positioning the industry to reduce greenhouse gas emissions on a 2050 timetable true to the PCA Roadmap to Carbon Neutrality. 

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