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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Company Seeks to Grow Cement

By Mark S. Kuhar The only company in the world using biology to commercially produce cement, Biomason, employs natural microorganisms to grow biocement in ambient temperatures without emitting carbon dioxide.  Yes, you heard that right. Laboratory grown cement. Its patented biocement technology mimics nature’s use of carbon as a building block, creating cement in a biological, circular system, rather than…

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Metso Outotec Acquires Tesab Engineering

Metso Outotec has signed an agreement to acquire Tesab Engineering Ltd, a Northern Ireland-based company offering mobile crushing equipment for aggregates applications, including quarrying, recycling, asphalt and concrete.  Their turnover in 2021 was approx. EUR 30 million and they have more than 60 employees primarily in Europe. The value of the deal was not disclosed. It will have no material…

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Self-Healing Concrete

March 9, 2022 – University of Southern California (USC) Viterbi School of Engineering researchers created a new method for developing self-healing concrete that replaces the natural aggregates in concrete with engineered aggregates that contain healing agents within them. Unlike other methods pursued over the past two decades, their method prioritizes keeping costs low and maintaining other properties of concrete, particularly strength…

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Holcim, Magment Develop Concrete Solutions to Recharge Electric Vehicles

Holcim is partnering with the German startup Magment to improve its magnetizable concrete technology for road surfaces enabling electric vehicles to recharge wirelessly while in motion. Known as “inductive charging,” this breakthrough concrete-based solution reduces the need for charging stations, while saving time. 

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Silvi Concrete Acquires L&L Redi Mix Concrete Assets

Silvi Concrete, a division of Silvi Materials headquartered in Fairless Hills, Pa., announced the acquisition of all the assets of L&L Redi Mix Concrete, headquartered in Southampton, N.J. The acquisition consists of six New Jersey-based concrete plants located in Southampton, Woodbury, Voorhees, Cinnaminson, Kingston and Clayton, along with a concrete recycling facility and a masonry supply yard.

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Vulcan Seeks to Expand Georgia Quarry

Vulcan Materials Co.’s quarry in Flowery Branch, Ga., is seeking to grow by nearly 30 acres. The company wants to add property off Friendship and Hog Mountain roads, which surround the quarry at 4195 Friendship Road, along with Blackjack Road. Two parcels being leased to residents will remain occupied, while remaining parcels are vacant, according to city documents, said The…

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