Credible carbon credits seed SCM capacity

This year closes with strong cement and concrete market indicators, especially considering investor enthusiasm for publicly held clinker capacity. Consider activity among New York Stock Exchange-traded operators since Labor Day: Summit Materials announced a cash and stock deal for Argos North America Corp., its $3.2 billion valuation reflecting cement production and distribution assets in Alabama, Florida, South Carolina and West…

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Low-Carbon Cement Protocol propels SCM project financing

Sources: ClimeCo, Boyertown, Pa.; CP staff Sustainability consultant ClimeCo and a stakeholder working group have secured approval of U.S. Low-Carbon Cement Protocol v1.0 by the board of Climate Action Reserve, Los Angeles-based global carbon market offset registry. The 72-page document proposes terms for generating voluntary carbon credits from production of novel alternative or supplementary cementitious materials: Raw or calcined natural…

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