A key player in technology-targeted venture capital, Kleiner Perkins Caufield & Byers (KPCB) has led a third or Series C Round of funding for New Jersey-based Solidia Technologies, whose integrated cement and concrete production and curing processes lower net carbon dioxide emissions when measured against portland cement alternatives. KPCB, Bright Capital, BASF and BP have recommitted to the business in the current round, and are joined by Lafarge Group and another French entity, Total Energy Ventures; and, Sun Microsystems cofounder Bill Joy, who has served on the Solidia board as a KPCB partner.
Tag: Lafarge
Lafarge, Titan America, Vulcan Materials align with Wildlife Habitat Council
The Wildlife Habitat Council (WHC) continues to note major cement and aggregate producers’ environmental stewardship through certification and recognition during its annual symposium. “Celebrating Corporate Conservation” was the theme of the 2014 symposium, held late last year in Baltimore.
Read MoreCement, fly ash producers commit 100-plus truckloads to CIM Auction pool
Sources: Concrete Industry Management National Steering Committee; CP staff
Cemex USA, Holcim (US) Inc., Lafarge North America, Lehigh Hanson Inc. and Titan America have each donated 10 truckloads of portland cement to the 10th annual CIM Auction, February 4 at the Las Vegas Convention Center—in conjunction with the 2015 World of Concrete.
Oldcastle parent confirms Lafarge, Holcim asset interest
Sources: CP staff; CRH Plc, Dublin
CRH is among suitors for certain assets Switzerland’s Holcim Ltd. and Paris-based Lafarge SA have bundled for sale, thereby advancing a merger the producers hope to consummate by mid-year. Assets on the table include Holcim Canada Inc. and a host of overseas cement, concrete and aggregate businesses.
Read MoreLafarge joins heavyweight investors in Solidia Technologies funding round
Sources: Solidia Technologies, Piscataway, N.J.; CP staff
One of the top players in technology-targeted venture capital, Kleiner Perkins Caufield & Byers (KPCB) leads a third or Series C Round of funding for Solidia Technologies, whose integrated cement and concrete production and curing processes lower net carbon dioxide emissions up to 70 percent when measured against portland cement alternatives.
Read MoreLafarge, Cemex USA chiefs top PCA officer slate
Sources: Portland Cement Association, Skokie, Ill.; CP staff
Meeting in Scottsdale, Ariz., the PCA Board of Directors elected Lafarge North America CEO John Stull as 2014-15 chairman, succeeding Cary Cohrs (American Cement Co.), and Cemex USA President Karl Watson, Jr., vice-chairman.
Read MoreLafargeHolcim dovetails stepped up U.S., Canadian regulator cooperation
Lafarge SA and Holcim Ltd. officials see financial benefits and integration possibilities in their proposed “merger of equals,” netting LafargeHolcim—present in 90 countries with $44 billion in sales; 470 million and 384 million tons of cement and aggregate shipments, respectively; plus, 90 million yd. of ready mixed production. The strategy they outlined in Zurich and Paris last month leads to a mid-2015 1:1 share exchange, the merged business operating under executives and directors drawn equally from both companies.
Read MoreHolcim, Lafarge map year-long merger, expedited asset sale plans
Sources: Holcim Ltd., Zurich; Lafarge SA, Paris; CP staff
Holcim and Lafarge officials outlined in April 7 presentations to European Union analysts the financial rationale and integration strategies behind a “merger of equals,” netting LafargeHolcim—present in 90 countries and accounting for $44 billion in sales; 470 million and 384 million tons of cement and aggregate shipments, respectively; plus, 90 million yd. of ready mixed production.
Read MoreLafarge, Lehigh and Vulcan sales teams lead adoption of new enterprise mobile apps
Sources: Catavolt Inc., Alpharetta, Ga.; CP staff
After initial deployments with four major integrated producers and a top precast/prestressed operator, Catavolt has unveiled technology supporting rapid, low-cost development of custom apps providing geographic market intelligence and perspective, plus customer relationship management program-grade data.
Read MoreLafarge eyes $60M prairie province precast capacity upgrade
Source: Lafarge Canada, Inc., Calgary
Growing demand in energy, infrastructure, commercial and residential markets is driving Lafarge Canada’s planned doubling of output capability at its Edmonton precast operation, enclosure groundbreaking and equipment delivery scheduled for 2014. An investment upward of $60 million will see the addition of plant automation technology, including robotics and full-scale computer-aided design and fabrication.
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