Titan parent follows Argos, CRH, Holcim path to Wall Street listing

Sources: Titan Cement International S.A., Brussels; CP staff Euronext Brussels-traded Titan Cement International has informed investors of an initial public offering of shares in Virginia-based Titan America, which reported $1.6 billion in 2023 cement, supplementary cementitious material, aggregate and ready mixed concrete sales across coastal Mid-Atlantic and Southeast operations. With a projected early-2025 completion on a Wall Street exchange, the…

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Abrasion-resistant mini mixer

Rotary Batch Mini Mixer model MX-10-AR blends up to 10 ft.3 (283 ℓ) of aggregates, pigments and other abrasive materials, with or without liquid additions, in ratios down to one part per million with total uniformity in two to three minutes. The unit is equally efficient down to 15 percent (1.0 ft.3 / 28 ℓ) of rated capacity, regardless of…

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BulkSource delivers construction materials producers data intelligence through open technology platform

ConExpo-Con/Agg 2023 offered a preview of data science methods destined to improve construction materials production and delivery profits. By capturing a groundswell of plant and fleet inputs from signals, sensors, production logs, and order or ticket files, a new class of information technology specialists demonstrated algorithms or programs greatly extending the dashboard and business intelligence tools accompanying current software suites.…

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One-time estimator intern Lemon succeeds Graniterock chief Squeri

Sources: Graniterock, Watsonville, Calif.; CP staff Peter Lemon has taken the helm of northern California’s top independent aggregates, ready mixed concrete and road building operator. He replaces Graniterock President and CEO Tom Squeri, who has led the producer and contractor since 2012 and remains a director. “I am honored to continue build[ing] on our achievements of the past 123 years,”…

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PRODUCERS – MAY 2022

A new identity for LafargeHolcim in the United States, Holcim US, unites legacy brands and strengthening the cement, aggregate and concrete producer’s purpose “to build progress for people and the planet.” Between cement, aggregates, concrete businesses under namesake, Lafarge, Aggregate Industries, Lattimore Materials and other brands, Holcim US operates in 43 states. As the country’s leading building materials provider, it…

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Roanoke Cement terminal to eclipse 100K tons with $37M expansion

Sources: Titan America, Norfolk, Va.; CP staff Titan America projects a 2023 completion of a new 70,000-ton dome, plus truck and rail loadout infrastructure, at its Roanoke Cement Co. import terminal in Chesapeake, Va. With triple the present bulk storage capacity, the overhauled operation will be equipped to import and distribute fly ash, slag, and aggregates that are in demand…

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LafargeHolcim US follows Swiss parent in transition to Holcim identity

Source: Holcim US, Chicago; CP staff LafargeHolcim in the United States has unveiled its new identity, Holcim US, uniting legacy brands and strengthening the cement, aggregate and concrete producer’s purpose “to build progress for people and the planet.” The transition is the first within Holcim Group and represents what management notes is a significant milestone. “The Holcim US identity is…

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CRH to book $3.45B in Oldcastle BuildingEnvelope sale

Sources: CRH Plc, Dublin; CP staff CRH continues to streamline its North American portfolio around cement, aggregates, concrete and asphalt production assets. The company recently announced an agreement to sell its California-based Oldcastle BuildingEnvelope business to KPS Capital Partners, a New York private equity firm. The deal includes a $3.45 billion cash payment, plus transfer of $335 million in lease…

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Holcim to cut water consumption 
in concrete, upstream operations

Holcim AG aims to reduce cement, aggregates and ready mixed concrete operations’ respective water intensities by 33 percent, 20 percent and 15 percent through 2030. Applicable to namesake, Lafarge, Aggregate Industries, Lattimore Materials and other North America or overseas brands, the targets are part of a global strategy to become nature-positive by restoring and preserving water and biodiversity, while bringing…

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