Cement News tagged under: usa
Holcim completes US ready-mix acquisition05 January 2022, Published under Cement NewsHolcim has completed the acquisition of Cowden Inc, a leader in ready-mix concrete and aggregates in Bellingham, Washington, USA. This acquisition expands Holcim’s footprint in the Pacific Northwest region. Jan Jenisch, CEO: “This acquisition is another step in our ‘Strategy 2025 – Accelerating Green Growth’ to become the global leader in innovative and sustainable building solutions. We warmly welcome the more than 100 Cowden employees to join the Holcim family. With Cowden and its st... |
Holcim acquires Marshall Concrete Products15 December 2021, Published under Cement NewsHolcim completed the acquisition of Marshall Concrete Products, a longstanding and trusted supplier of concrete products and services in Minneapolis/St Paul and the surrounding metropolitan area, USA. Jan Jenisch, Holcim CEO, said: “This acquisition is another step in our Strategy 2025 to become the global leader in innovative and sustainable building solutions. We welcome the employees of Marshall Concrete Products and look forward to building on their strong customer service focus, which ... |
PCA: road to carbon neutrality13 December 2021, Published under Cement NewsAs the need for carbon neutrality in cement production has moved firmly to the headlines, the US cement association, PCA, has developed its roadmap to transform the country’s cement industry into a carbon-neutral sector. By PCA, USA. Figure 1: the five links of the value chain As wildfires, hurricanes and other weather events continue to intensify around the world, it is clear that the structures, roads and buildings that make up our communities will face more frequent and destr... |
US Portland and blended cement market expands 5% in September09 December 2021, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 4.5 per cent YoY to 9.8Mt in September 2021, according to the US Geological Survey (USGS). The top five consuming states were Texas, California, Florida, Ohio and Illinois, which received 38 per cent of total domestic shipments in September 2021. The leading producing states for Portland and blended cements in September 2021 were Texas, Missouri, California, Florida and Michigan, which acco... |
Cementos Argos to list US business on NYSE09 December 2021, Published under Cement NewsCementos Argos plans to list its US business on the New York Stock Exchange after several months of analysis. The company will be listed through an initial public offering registered under the rules of the US Securities Exchange Commission (SEC) and will implemented once the structuring process has been completed, in compliance with applicable US regulations. The cement producer will aim to improve the share price for partners and optimise the capital structure. As a result, Cementos Arg... |
Boston Consulting Group signs Climeworks agreement09 December 2021, Published under Cement NewsBoston Consulting Group (BSG) has signed a 10-year agreement with Climeworks, which will remove part of BCG’s unavoidable CO 2 emissions and therefore, is an important part of the company’s net-zero strategy. BCG does consulting with the cement sector and the agreement could see Climeworks' direct carbon capture technology at more cement plants around the world. With this agreement, and others in this space still to come, BCG’s goal is to help unlock a meaningful direct air capture capa... |
Boral sells US fly ash business for US$755m06 December 2021, Published under Cement NewsBoral has called time in the US after more than 40 years with the sale of its fly ash business to Eco Material Technologies for US$755m, as it focuses on its construction materials business back in Australia. Chief executive Zlatko Todorcevski says the group’s ongoing divestment programme has now “unlocked substantial value”. “Together with the sale of the North American Building Products business and our stake in Meridian Brick … we will have divested the North American busines... |
LafargeHolcim receives coal ash as part of new agreement02 December 2021, Published under Cement NewsThe US operations of LafargeHolcim has received the first barge shipment of power plant coal ash, part of a project which will result in the recovery and recycling of more than 6Mt of coal ash for use in cement production. On a combined basis, LafargeHolcim, Geocycle and CenterPoint Energy, which operates two coal-fired generation plants in southwest Indiana, USA, have invested over US$80m in infrastructure to process, transport, store and recycle the coal ash produced at CenterPoint Energ... |
CarbonBuilt joins World Cement Association26 November 2021, Published under Cement NewsCarbonBuilt has joined the World Cement Association (WCA) as an associate corporate member. The US based firm has developed ReversaTM technology that directly embeds CO₂ from industrial and direct air capture sources into proprietary low-cost and low-carbon concrete formulations. The technology reduces overall CO₂ emissions by more than 60 per cent while delivering products that meet existing industry specifications and drive greater profit for concrete producers, according to a WCA state... |
Vicat Group signs EUR250m financing agreement24 November 2021, Published under Cement NewsVicat Group has signed a EUR250m financing agreement, which takes the form of a private placement with leading US investors, according to a press release. The financing agreement consists of two tranches. The first (EUR100m) has a maturity of 10 years, at a fixed rate of 1.27 per cent. The second (EUR150m) has maturity of 15 years, at a fixed rate of 1.57 per cent. |