Eagle Materials completed the acquisition of Martin Marietta’s cement import and distribution business in northern California, which includes a cement terminal in Stockton.
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Tag: Eagle Materials
Quarterly Reports a Mixed Bag
Publicly traded U.S. cement producers just reported results, and those results are a mixed bag. At Summit Materials, Cement Segment net revenues increased 23.6% to $97.9 million in the fourth quarter of 2022. Cement Segment adjusted cash gross profit margin increased to 47.1% in the fourth quarter, compared to 42.7% in the prior-year period as strong pricing gains more than…
Read MoreDOE Funds Cryogenic Carbon Capture Project at Missouri Plant
The U.S. Department of Energy awarded $5 million in funding to Chart Industries’ Sustainable Energy Solutions to design, build, commission and operate an engineering-scale Cryogenic Carbon Capture (CCC) process at Central Plains Cement Co.’s cement plant in Sugar Creek, Mo.
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