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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