Summit Materials successfully completed its $3.2 billion merger with Argos North America, the U.S. operations of Cementos Argos, after its shareholders overwhelmingly voted to approve certain proposals related to the transaction.
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Argos announced positive financial results for the first half of 2023 despite climate challenges in the United States.
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Cementos Argos, a Grupo Argos cement company, said the Science-Based Targets Initiative (SBTi) validated its goal to reduce direct and indirect CO2 emissions (scopes 1 and 2) by 2030.
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Argos Honduras successfully implemented an innovative furnace hydrogen injection process at its Piedras Azules cement plant.
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As part of its commitment to sustainability, Argos is converting production and distribution to portland-limestone cement (PLC) at its Roberta plant (Calera, Ala.) and Wilmington, Statesville and Durham terminals in North Carolina by the end of the second quarter of 2022.
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