Euclid Chemical microfiber recycles 10 plastic bottles per pound

Sources: Euclid Chemical, Cleveland; CP staff Euclid Chemical cites the sustainability benefits of its new PSI Fiberstrand Repreve 225 synthetic microfiber, a fine denier monofilament product bearing polyester material from post-consumer plastic bottles. The introduction stems from a partnership with Unifi, which has parlayed Repreve into the top branded fiber derived from recycled material.  Every pound of PSI Fiberstrand Repreve…

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Three ways to protect concrete from a natural enemy: Water

Concrete has been used as a strong, durable building material for thousands of years, dating back to ancient structures that are still standing to this day. Yet, it has one fundamental enemy it can’t escape—water. As an uptick in humidity and rainstorms wash across many regions throughout much of the calendar, water infiltration can lead to issues such as below-grade…

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Lafarge Canada EV charging stations: LD fleet necessity + employee perk

Lafarge Western Canada, Calgary, has powered four electric vehicle charging stations at its Kent Ave. Ready Mix Concrete Plant in Vancouver, B.C.—the first of 100 such installations the producer has planned for a light-duty fleet switch to EVs by 2025. The fleet supports sales and logistics team members at concrete, aggregate and cement operations across British Columbia, Alberta, Saskatchewan and…

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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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CarbonCure enters 10-year, $30M carbon credit purchase agreement

Sources: Invert Inc., Calgary; CarbonCure Technologies, Halifax, N.S.; CP staff CarbonCure Technologies has signed a pioneering carbon credit purchase agreement underpinned by its process of mineralizing and storing carbon dioxide in ready mixed or manufactured concrete. Valued at $30 million over a 10-year window, it entails majority and minority funding partners, Invert Inc. of Calgary and Ripple Inc. of Ottawa,…

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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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PCA’s Sullivan factors Ukraine into revised U.S. construction forecast

Sources: Portland Cement Association, Washington, D.C.; CP staff Portland Cement Association Chief Economist Ed Sullivan cites the potential for a dip in cement consumption and concrete output attributable to the Russia-Ukraine conflict. At a joint luncheon in San Antonio during the PCA and National Ready Mixed Concrete Association 2022 conventions, he offered three scenarios for U.S. shipments through 2024:

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Advisor FMI factors IIJA, labor, M&A in 2022 Construction Materials Outlook

Sources: FMI Corp., Raleigh, N.C.; CP staff FMI Capital Advisors, a leading investment banking firm for aggregate, concrete, asphalt producers and their customers, examines key drivers and challenges its 2022 Construction Materials Outlook. Themed “Seizing the Opportunities Ahead,” the report also assesses 2021 producer and contractor merger & acquisition activity.

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