Sources: Eagle Materials Inc., Dallas; CP staff
A definitive agreement with Cemex S.A.B. de C.V. will net Eagle Materials a Xenia, Ohio (Fairborn) cement plant, plus Columbus terminal, cement bagging operation and related assets. The $400 million deal is projected to close in the fourth quarter and could increase the suitor’s cement output by up to 20 percent.
Sources: Concrete Sustainability Hub at Massachusetts Institute of Technology, Cambridge; Corning Inc., New York; CP staff
Borrowing from a ‘rigidity theory’ that has led Corning Inc. engineers to the high performance Gorilla Glass—its toughness in thin sections equal to smartphone and laptop computer screens—the Concrete Sustainability Hub is studying potential portland cement reformulation aimed at higher fracture resistance than current ASTM C 150 product.