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Coal-, steel-tested investor enters concrete, aggregates

Permian Basin Materials, LLC (PBM), a newly formed affiliate of New York private equity firm WL Ross & Co. LLC, has acquired majority stakes in Texas’ Crockett County Mining, Ltd., Highland Concrete Co. and Wallach Concrete, Inc. WL Ross-managed funds will own 80 percent of PBM as the three business’ existing shareholders maintain a combined 20 percent stake.

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Europeans envision 80 percent cut in industry’s carbon load by mid-century

Sources: Cembureau, Brussels; CP staff

A five-route roadmap details how European Cement Association members and customers can reduce their industry’s carbon dioxide emissions from a 1990 level of 170 million metric tons to 34 million metric tons by 2050. Routes under cement sector control are Resource Efficiency, Energy Efficiency, plus Carbon Sequestration and Reuse; two others, Product Efficiency and Downstream, target low-carbon concretes, smart buildings and infrastructure, concrete recycling and sustainable construction.

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Robust, two-ply packaging secures cement for ‘drop shipment’ near South Pole

South Korea’s Ssangyong Cement Industrial Co. Ltd. enlisted its packaging supplier to produce an 88-lb. (40 kg) cement bag equal to rough handling en route to Antarctica research stations. Taemyung Industrial Co. Ltd. turned to two-ply Mondi Kraft Advantage sack, exhibiting what Vienna-based manufacturer Mondi Group notes is high tensile energy absorption and porosity. The product’s capacity to replace three-ply alternatives nets material savings exceeding 25 percent.

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2013 construction starts on pace for 6 percent gain

New construction starts are forecast to reach $506 billion, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction, New York.

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ASTM C01 examines alkali activated binder versus natural pozzolan testing

ASTM International Committee C01 on Cement is developing a standard to help create data for comparing the compressive strength of alkali activated fly ash and natural pozzolans. ASTM WK42602, Test Method for Compressive Strength of Alkali Activated Coal Fly Ash and Raw or Calcined Natural Pozzolan Cement Mortars (Using 2-in. or [50 mm] Cube Specimens), is under the jurisdiction of Subcommittee C01.13 on Special Cements.

Read more: ASTM C01 examines alkali activated binder versus natural pozzolan testing