Displaying items by tag: US
US: St Marys Cement won three national awards at the Slag Cement in Sustainable Concrete Awards 2023. The producer won the awards for supplying its slag cement for the construction of Wixom Assembly Park in Wixom, Michigan; of 333 North Water in Milwaukee, Wisconsin, and of Excellerate Manufacturing in Appleton, Wisconsin.
US: Terra CO2 has begun full-scale trial production of concrete without cement using its novel supplementary cementitious material, Opus Zero. The SCM consists of ground, heated glass spheres made from silicate rock.
Chief scientific officer DJ Lake said “Opus Zero represents a pivotal moment in our journey towards sustainable cement and concrete. Of the very few non-carbon-capture solutions to decarbonising cement, with none proven at scale, Opus Zero stands above the rest for being inherently cost-efficient, practical and scalable for the industry. Today, Opus Zero represents a zero-clinker cement that can be produced with abundant feedstock around the world, does not require opening new mines to scale, and aims to seamlessly fold into the current industry landscape.”
US: Global Cement understands from material published publicly on Breedon Group’s website that the UK-based company acquired ready-mix concrete, aggregates and building products company BMC Enterprises for US$300m on 6 March 2023. This marks the group’s first entry into the US building materials sector. Breedon Group described the acquisition as a ‘compelling opportunity’ in the ‘fragmented and growing’ market. It described BMC Enterprises as a highly attractive, established business upon which to grow a new group platform in the US, in addition to its existing platforms in the UK and Ireland.
Breedon Group CEO Rob Wood said “The acquisition of BMC represents a compelling opportunity for Breedon to launch our third platform. BMC has an excellent performance track record over a sustained period and is positioned in an attractive market for future growth. As a high-quality aggregates and concrete business that has grown at pace, organically and through acquisitions, with a strong management team and deep local knowledge, BMC’s culture and values are fully aligned with the Breedon business model.” Wood added "The acquisition is expected to be earnings-enhancing for shareholders, while allowing Breedon to maintain a conservative and flexible balance sheet to pay dividends and make further bolt-on acquisitions across each of our platforms as opportunities arise.”
Vulcan Materials’ sales grow in 2023
21 February 2024US: Vulcan Materials raised its sales by 6.4% year-on-year in 2023, from US$7.32bn to US$7.78bn. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 24% to US$2bn, while its profit grew by 25% to US$1.95bn. Vulcan Materials’ full-year concrete volumes dropped, during which time it also divested some concrete operations. Altogether, the producer plans to invest US$625 – 675m in maintenance and growth projects in 2024.
Chair and CEO Tom Hill said "We carry momentum into 2024, and our focus is the same - compounding unit margins through all parts of the cycle and creating value for our shareholders through improving returns on capital."
US: Martin Marietta Materials has signed a deal to buy 20 aggregates operations in the Southeast US from Blue Water Industries for US$2.05bn. Reuters has reported that the partners expect to close the deal later in 2024. Martin Marietta Materials says that the acquisitions will help it to meet rising national demand for building materials. The North Carolina-based group operates aggregates sites in 28 US states, Canada and the Bahamas.
Martin Marietta Materials previously indicated that recent divestitures in its ready-mix concrete business and other areas would help it to ‘redeploy the proceeds into pure-play aggregates acquisitions.’
CRH acquires Martin Marietta Materials’ South Texas business
13 February 2024US: CRH has completed its acquisition of a portfolio of ready-mix concrete and cement assets from Martin Marietta Materials for US$2.1bn. The portfolio includes a network of 20 ready-mix concrete plants in South Texas.
US: The Department of Transportation has announced a US$5m initiative to investigate the use of steel slag in cement and concrete. This will take the form of a collaboration between the Department of Transportation and a selected US-based steel producer and university partner. The initiative seeks to reduce CO2 emissions in the production of building materials. Prospective participants may view the grant opportunity here.
Transport secretary Pete Buttigieg said "We're proud to make this funding available to help develop the next generation of construction materials so that the future of our transport infrastructure is more resilient, more sustainable and made in America.”
Robert Hampshire, deputy assistant secretary for research and technology and chief science officer, said “This funding initiative will develop and advance innovative materials and technologies that support the nation’s goals to decarbonise the transportation sector by 2050, strengthen resilience of the nation’s transportation infrastructure, and address adverse environmental impacts created by the transportation system.”
Chingle to build ready-mix concrete batching plant in Etna
01 February 2024US: Chingle has announced plans for its upcoming Etna ready-mix concrete plant in Ohio’s Licking County. Local press has reported that the Etna Township Board of Zoning Appeals evaluated the company’s plans at a meeting on 30 January 2024.
Partanna to build four new carbon negative binder plants
30 January 2024Middle East/North America: Climate tech start-up Partanna has announced plans for four new plants to produce its carbon negative binder. The plants will be located in the Bahamas, the US and the Gulf region.
Partanna said that the development demonstrates its growing momentum as a construction sector disruptor, offering a sustainable, cost-comparable alternative to cement for users of concrete.
INFORM partners with BCMI Corp and Marcotte Systems for AI-powered ready-mix logistics
26 January 2024Germany/North America: INFORM has announced new collaborations with two other software developers for the ready-mix concrete sector. US-based BCMI Corp and Canada-based Marcotte Systems will work with INFORM to develop AI tools for despatching ready-mix concrete.
INFORM senior vice president Thomas Bergmans, who concluded the deals at World of Concrete in the US, said “In addition to offering our proven AI-powered transport planning and execution software, we are very excited to see that these collaborations will further speed up the wide-spread use of our AI algorithms beyond our traditional markets.” Bergmans said that the collaboration with BCMI Corp will provide ready-mix producers with ‘enhanced decision-making tools, real-time logistics optimisation and intelligent automation, ultimately elevating operational performance and customer satisfaction.’ Regarding the collaboration with Marcotte, he said “By combining Marcotte's robust experience in concrete production management with INFORM’s AI capabilities, this ready-to-use solution will empower ready-mix producers.”