Utah-based Eco Material Technologies signed an agreement with CRH to be acquired for $2.1 billion. Following the closing of the transaction, the business will operate as Eco Material Technologies, a CRH Company.
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Ernst & Young LLP (EY US) named Grant Quasha, CEO of Eco Material Technologies, as an Entrepreneur Of The Year 2025 Mountain West Award winner. The program celebrates bold leaders whose innovations revolutionize industries, disrupt markets, and make a profound impact on communities.
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Eco Material Technologies opened its Blissville Rail Terminal in Queens, N.Y., to enable the supply of sustainable cement alternatives to the New York metro area, supporting the region’s growing construction needs.
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An $800 million Green Term Loan Facility maturing in 2032 will provide Eco Material Technologies enhanced financial flexibility for capacity investments extending the company’s role in North American cementitious materials and concrete production.
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Eco Material Technologies and Bismarck, N.D.-based Rainbow Energy Center have expanded their partnership to jointly invest in new beneficiation and harvesting plants to further decarbonize the concrete industry with sustainable cement alternatives.
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