Martin Marietta deal guides CalPortland to production points north

Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Martin Marietta Materials has entered a definitive agreement to sell CalPortland Co. a group of California assets for $250 million: Redding cement plant and related distribution terminals plus 14 ready mixed concrete sites. Martin Marietta acquired the former Lehigh Hanson West Region properties in 2021 and signaled their likely sale in…

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Cement companies formally adopt carbon neutrality roadmap

The Portland Cement Association bills its Roadmap to Carbon Neutrality as an ambitious journey to low carbon dioxide emissions across the cement and concrete value chain by 2050. The document demonstrates how the U.S. cement and concrete industry, along with downstream parties, can lower CO2 and other greenhouse gas emissions and eliminate barriers that are restricting environmental progress.  “PCA is…

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Titan America: Market conditions, escalating costs quell N.C. greenfield mill

Sources: Titan America LLC, Norfolk, Va.; CP staff

After years of permitting and pre-construction activities, Titan America has shelved plans for a Castle Hayne, N.C., cement plant with up to 2 million tons’ annual capacity, but will maintain a terminal on the site, located just outside the coastal town of Wilmington.

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Quality Concrete expands Atlantic Canada footprint in Lafarge agreement

Sources: The ChronicleHerald, Halifax, N.S.; Stevens Group, Dartmouth, N.S.; CP staff

A strategic partnership with Lafarge Canada will position Quality Concrete Ltd. with upwards of 20 ready mixed plants in Nova Scotia and New Brunswick. A ChronicleHerald report with limited detail on the partnership structure notes that Lafarge will contribute nine ready mixed plants plus four aggregate operations to the business, and maintain its Brookfield, N.S., cement plant.

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Quebec officials sustain predecessors’ financial backing of McInnis Cement

Sources: Quebec Office of Minister of Economy, Innovation and Export Trade; McInnis Cement, Montreal; CP staff

Leaders in the newly elected Quebec government have confirmed the major financial commitment—$100 million equity stake plus $250 million in senior debt—prior province officials announced earlier this year for the $1.1 billion McInnis Cement plant and marine terminal in Port-Daniel-Gascons.

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