Vulcan Materials Co. is the first ready mixed producer to license technology in which industrial process-sourced carbon dioxide is injected into fresh concrete mixes, thereby offsetting water requirements; forming additional limestone in the matrix; and, sequestering the greenhouse gas in a hardened slab or structure.
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Vulcan Materials tests carbon dioxide-dosed ready mixed
Sources: CarbonCure Technologies, Halifax, Nova Scotia; CP staff
Vulcan Materials is the first ready mixed producer to license technology in which industrial process-sourced carbon dioxide is injected into fresh concrete mixes, thereby offsetting water requirements; forming additional limestone in the matrix; and, sequestering the greenhouse gas in a hardened slab or structure.
Read MoreHistoric weather impacts a blip on Martin Marietta, Vulcan Materials radar
With stakes in some of the strongest cement, concrete and aggregate markets, the industry’s top bellwether operators sent investors parallel messages on year-to-date financial performance: Heavy spring rains, especially in Texas, had limited effect on overall sales and profitability improvements compared to the first six months of 2014. Upbeat second quarter 2015 earning reports, plus solid sales, pricing and profit projections, sent Martin Marietta Materials and Vulcan Materials stock toward all-time and eight-year highs, respectively.
Sand & gravel-tracking agency cites future supply concerns
Construction aggregates production in 2014 reached an estimated 2.17 billion metric tons, valued at $19.8 billion and besting the prior year volume by more than 7 percent, according to the U.S. Geological Survey Mineral Commodity Summaries 2015 report.
Read MoreLafarge, Titan America, Vulcan Materials align with Wildlife Habitat Council
The Wildlife Habitat Council (WHC) continues to note major cement and aggregate producers’ environmental stewardship through certification and recognition during its annual symposium. “Celebrating Corporate Conservation” was the theme of the 2014 symposium, held late last year in Baltimore.
Read MoreCommitment to Environmental Excellence Awards – CATEGORY E
FIRST PLACE – VULCAN MATERIALS CO., MISSION VALLEY READY MIX PLANT, SAN DIEGO, CALIF.
SECOND PLACE – MARTIN MARIETTA MATERIALS QUIVAS CONCRETE PLANT, DENVER, COLO.
THIRD PLACE – CALPORTLAND CO. DUWAMISH READY-MIX PLANT, SEATTLE, WASH.
COO Hill replaces CEO James as new Vulcan leadership team takes hold
Sealing a previously announced executive leadership transition, Vulcan Materials Co. directors have named Executive Vice President and Chief Operating Officer J. Thomas Hill successor to President and CEO Donald James, who will assume the role of executive chairman. Chief Financial Officer John McPherson has been promoted to chief financial and strategy officer, gaining responsibilities for both strategy and human resources functions, while retaining an executive vice president title.
Read MoreCOO Hill replaces CEO James as new Vulcan leadership team takes hold
Source: Vulcan Materials Co., Birmingham, Ala.
Sealing a previously announced executive leadership transition, Vulcan Materials directors have named Executive Vice President and Chief Operating Officer J. Thomas Hill successor to President and CEO Donald James, who becomes executive chairman. CFO John McPherson has been promoted to chief financial and strategy officer, gaining responsibilities for both strategy and human resources functions, while retaining an executive vice president title.
Read MoreHILL, MCPHERSON CLIMB VULCAN EXECUTIVE RANKS
The Vulcan Materials Co. executive management succession continues this year with the elevation of Senior Vice President, South Region Tom Hill to executive vice president and chief operating officer, and his East Region counterpart, John McPherson, to executive vice president and chief financial officer.
Read MoreArgos Proceeds On Cemex-Blazed Trail
Merger and acquisition activity is off to a rapid clip in 2014, as a second year of broad-based housing starts kicks in, construction materials production assets recover from recession-skewed valuations, and major domestic and international operators stake claim to new markets, or rethink their scope.
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