A mid-October White House update on the progress of the Federal Buy Clean Initiative and companion Department of Energy (DOE) Industrial Demonstration Program, references Cemex USA, Heidelberg Materials North America, and Summit Materials for their commitment to measures that advance decarbonization goals or strategies underpinning Buy Clean and Industrial Demonstrations activities.
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Cement Producers Report Quarterly Results
Publicly traded construction-materials companies operating in the United States reported mixed results for the second quarter.
Read MoreAggregates, Cement Production Fall in First Quarter
The U.S. Geological Survey reported that the estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2024 was 455 million metric tons (Mt), a decrease of 3.9% compared with that of the same period of 2023. Major companies reported significant decreases in construction aggregates shipments due to poor weather conditions (Martin Marietta Materials,…
Read MoreAgency Powers National Cement, Roanoke, Summit Calcined Clay Production Plans
Three of six Cement and Concrete projects named as funding candidates in a $6 billion Energy Department Office of Clean Energy Demonstration (OCED) program entail production of calcined clay or limestone calcined clay (LC3) as an alternative to conventional portland cement clinker. Producers behind the Industrial Demonstrations Program-themed projects are positioned to negotiate with OCED officials awards where cost-sharing terms are up…
Read MoreSummit Names Moore as COO
Summit Materials appointed Marshall Moore as EVP, chief operations officer, effective Jan. 4. In the newly created role, Moore will enhance Summit’s operational excellence capabilities with responsibility for manufacturing and supply chain excellence, information technology and lean processes.
Read MoreSummit Completes Argos Takeover
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.
Read MoreSummit Materials Mystery Bidder Revealed
According to Bloomberg, Heidelberg Materials is the mystery bidder that Summit Materials referenced in a recent proxy filing. The company said it had rejected two takeover proposals from an unnamed suitor with the latest made on Oct. 18 for $38 per share.
Read MoreSummit to Acquire Argos’ U.S. Operations
Cementos Argos has entered into a definitive agreement with Summit Materials under which Argos North America will combine with Summit in a cash and stock transaction valued at $3.2 billion. The merger will create the fourth-largest cement platform in the United States and accelerates Summit’s “Elevate Summit” strategy, enhancing the company’s materials-led approach and positioning it for even greater success…
Read MoreContinental Cement to Get FLSmidth Alternative Fuel Tech
Continental Cement, a wholly owned subsidiary of Summit Materials, awarded FLSmidth a contract for the first commercial installation of the FUELFLEX Pyrolyzer at its Davenport cement plant in Buffalo, Iowa. FLSmidth’s FUELFLEX Pyrolyzer enables cement plants to replace fossil fuels with waste-derived fuels in the calciner. The technology offers a lower CAPEX solution than competing technologies, noted FLSmidth, with the…
Read MoreContinental Cement to Open Largest Cement Storage Dome in North America
Continental Cement Company, a Summit Materials subsidiary, will host a ribbon-cutting event for its new cement storage dome in Davenport, Iowa, on March 20.
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