CarbonCure carbon credit purchase agreement: $30 million over 10 years

Nova Scotia-based CarbonCure Technologies has signed a pioneering carbon credit purchase agreement underpinned by the company’s 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, providing up front capital in exchange for…

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ICPI, NCMA merger set for mid-2022 following membership vote

Sources: National Concrete Masonry Association, Herndon, Va.; CP staff Interlocking Concrete Pavement Institute and National Concrete Masonry Association members have approved a unification plan for their organizations. ICPI members voted 81 percent and NCMA members 97 percent in favor of a plan that has been the subject of formal discussions for more than two years. 

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Asset gains and carbon cuts equal an extraordinary year

By Don Marsh The close of any other calendar might confine this column to revisiting a merger and acquisition wave across ready mixed and manufactured concrete, but 2021 could be remembered as much for carbon dioxide emissions action as cement, aggregate and concrete production investment. On the latter front, stock prices for public companies and high valuations for private peers…

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Nanotech-enabled concrete coating quells heat transfer 20+ percent

Sources: Eagle Roofing Products, Rialto, Calif.; CP staff

A leading independent in one of the more specialized areas of manufactured concrete, Eagle Roofing continues regional rollout of Platinum Tile, whose patented, penetrating coating acts as a thermal insulator to reduce heat transfer into and out of a structure. Applied to freshly extruded tile, the coating is a product of nanotechnology, where measurements tend to billionths of a meter.

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PCI reinforces standards development with ANSI accreditation

Precast/Prestressed Concrete Institute has been accredited as an American National Standards Institute standards developer. A first for an organization in manufactured concrete, the accreditation positions PCI’s voluntary consensus documents relating to the design, detailing, fabrication, transportation, and erection of precast and precast/prestressed concrete to be registered as American National Standards.

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ANSI accreditation reinforces PCI standards profile

Source: Precast/Prestressed Concrete Institute, Chicago

PCI has been accredited as an American National Standards Institute standards developer. A first for an organization in manufactured concrete, the accreditation positions PCI’s voluntary consensus documents relating to the design, detailing, fabrication, transportation, and erection of precast and precast/prestressed concrete to be registered as American National Standards.

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