Sources: Martin Marietta Materials, Raleigh, N.C.; CP staff Glendora, Calif.-based CalPortland Co. will build on cement production leadership (> 4 million tons, annual capacity) in its home state after entering a definitive agreement to acquire Martin Marietta Materials’ 1 million ton/year Tehachapi plant and companion terminals. Scheduled for an early-2023 closing, the $350 million transaction was announced six weeks after…
Read MoreDay: August 9, 2022
GCC weighs freight costs vs. steep capital outlay in Texas plant expansion
Sources: GCC S.A.B. de C.V., Chihuahua, Mexico; CP staff GCC plans to add more than 1 million metric tons of annual capacity to its Odessa, Texas cement plant. The project’s $750 million budget will almost surely set a new dollar/ton of output watermark for a cement operation in North America, where recent outlays of comparable clinker capacity have trended below…
Read MoreTitan affiliate applies artificial intelligence to cement plant downtime prevention
Sources: CemAI, Norfolk, Va.; CP staff A recently chartered entity, operating independently but affiliated with Titan America, has entered artificial intelligence solutions for cement plant operations. CemAI concentrates on predictive maintenance, building a platform that combines a proprietary licensed software with a continuous monitoring and incident resolution service for mills around the world. The firm works through multiple remote monitoring…
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