Eagle Materials Reports Record Revenue

Eagle Materials Inc. reported financial results for fiscal year 2022 and the fiscal fourth quarter ended March 31. For fiscal year 2022, the company is reporting: Record Revenue of $1.9 billion, up 15%. Net Earnings of $374.2 million, up 10%. Net Earnings from Continuing Operations of $374.2 million, up 12%. In the fourth quarter the company is reporting: Record Revenue…

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Growing Cement?

March 1, 2022 – Biomason, a Durham, N.C.-based startup that’s using microorganisms to “grow” cement, raised $65 million in Series C funding led by venture capital firm 2150. Other investors include Celesta Capital, Novo Holdings and Martin Marietta Materials. Per FastCompany’s Adele Peters, “The company starts with recycled aggregate, the tiny bits of material that cement holds together in concrete. Then it adds…

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CEMEX, Heidelberg, Holcim Make Climate ‘A List’

Three of the top five global cement, aggregate and concrete producers have made the 2021 Climate Disclosure Project A List, reflecting transparency in environmental impact, greenhouse gas emissions management and water resource metrics. CEMEX, HeidelbergCement and Holcim are among 200 A List/Climate category performers from a pool of 10,000-plus companies that London-based CDP observes. “We commit to continue leading the…

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Aggregates & Cement Session

Nov. 12, 2021 – I am pleased to be joining Command Alkon’s Kerry Dougan on Nov. 16th at 2:00 pm EST, for an outlook on trends in aggregates and cement, workplace and operational challenges impacting the industry, and evolving technologies that are addressing the needs of materials operations and construction projects. Click on this link to register for the event. 

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