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…
Read MoreCategory: CementScope
Cement Market Briefs – July/August 2023
PCA Holds Congressional Fly-In
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.
Read MoreCaptured CO2 Utilization Demo Comes to Lafarge Richmond Plant
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.
Read MoreCAC Introduces ‘Concrete Zero’ Plan
The Cement Association of Canada (CAC) – together with its members and partners in the concrete sector – released Concrete Zero, an action plan to ensure Canada’s cement and concrete industry achieves net zero by 2050.
Read MoreHollingshead Opens Nashville Cement Terminal
Hollingshead Cement, the cement division of SRM Concrete, opened a new dome-style terminal capable of housing up to 50,000 tons of cement in Nashville, Tenn.
Read MoreCalPortland-Martin Marietta Deal Fails
A proposed $350 million deal between CalPortland and Martin Marietta Materials is off as the Federal Trade Commission (FTC) called it “presumptively illegal.”
Read MoreCement Shipments Drop 2.8% in February
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…
Read MoreCement 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.
Read MoreFirst Clinker Produced at Heidelberg Materials’ Mitchell Plant
On April 23, the first clinker was produced at Heidelberg Materials’ new state-of-the-art cement plant in Mitchell, Ind. – the second largest cement plant in North America.
Read More