Kentucky-based fly ash marketer and coal combustion products management specialist Charah Solutions Inc. has named Jonathan Batarseh as president and chief executive officer, replacing Scott Sewell. Batarseh arrived in October as chief financial officer after serving in the same capacity for Brown & Root Industrial Services, where he led strategic planning, acquisitions, and optimizing operational effectiveness while overseeing financial management…
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Charah projects nine-year, 4.3 million-cu.-yd. ash contract timeline
Source: Charah Solutions Inc., Louisville, Ky. Charah Solutions is preparing to kick off one of the largest contracts in its 35-year history: Excavation of approximately 4.3 million yd.3 of coal combustion residuals impounded across multiple basins of an established Southeast utility account. With an anticipated Q3 2022-2031 horizon, it also stands to be one of the company’s longest projects in duration.
Read MoreInvestors commit nearly $50M to SCM, Blended-CM developer Terra CO2
Sources: Terra CO2 Technology, Golden, Colo.; CP staff A just-closed $46 million Series A funding round will support commercial scale production and further market development of Terra CO2 Technology’s OPUS SCM (Supplementary Cementitious Material) and BCM (Blended-Cementitious Material) brands, which offer alternatives to Class F fly ash (10-40 percent dosage rate), as regional market conditions warrant, and low-carbon substitutes (≤…
Read MoreEco Material and Cemex define Green Bond-rated investments
Our cover story subject has hit the ground running since its official launch from an early-2022, $775 million deal uniting Boral Resources, North American fly ash top gun, and Green Cement Inc., Texas-centric developer of PozzoSlag supplementary cementitious material and PozzoCem primary binder. We catch South Jordan, Utah-based Eco Material Technologies Inc. at an unfolding inflection point. In a span…
Read MoreCharah Solutions lands Indiana power station ash contract
Sources: Charah Solutions Inc., Louisville, Ky.; CP staff Under a multi-year contract effective this quarter, Charah Solutions will market approximately 150,000 tons of specification grade fly ash annually from a central Indiana power generating station. The material will be distributed primarily by truck through the company’s MultiSource network. With nearly 40 truck and rail loadout-equipped locations across the country, the…
Read MoreEco Material harvests ash, forges business and government alliances
Sources: Eco Material Technologies Inc., South Jordan, Utah; CP staff Since an early-2022 launch as Boral Resources and Green Cement successor, Eco Material Technologies has secured its core ASTM C618 fly ash marketing and distribution business, while moving quickly on new opportunities: Harvested coal combustion ash and high value supplementary cementitious material (SCM) processing.
Read MoreRoanoke 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…
Read MoreEco Material Technologies launch unites Boral Resources, Green Cement
Sources: Eco Material Technologies, New York; CP staff With the backing of New York middle market operator One Equity Partners (OEP), Wall Street investor Warburg Pincus LLC, and subscribers to a $525 million Green Bond, Eco Material Technologies has closed on Utah-based Boral Resources, North American fly ash market leader, and Texas-based Green Cement Inc., processor of PozzoSlag and other…
Read MoreCoal ash recycling rate increases in 2020, reversing previous years’ declines
The American Coal Ash Association 2020 Production and Use Survey shows 59 percent, or 40.8 million tons, of the 69.2 million tons of coal ash produced during 2020 was recycled—up from 52 percent in 2019 and marking the sixth consecutive year that more than half of such material produced in the United States was beneficially used rather than disposed. ACAA…
Read MoreEco Material Technologies: A new fly ash brand rises in Boral’s wake
Eager to sunset its presence this side of the Pacific, Australia’s Boral Ltd. entered a late-2021 agreement to sell its North American fly ash business to Eco Material Technologies Inc., an entity backed by New York City-based One Equity Partners and Quadrant Management Inc. With a projected closing no later than 2022 Q3, the $755 million deal spans West Jordan,…
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