Cemex Acquires RC-Baustoffe Berlin to Expand Circularity Business [Yahoo! Finance]
Eagle Materials Inc (EXP)
Last eagle materials inc earnings: 2/4 06:30 am
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Source: Yahoo! Finance
KG, part of Ulm, Germany-based the Heim Group. Inside the Headlines RC-Baustoffe Berlin, which processes mineral construction, demolition, and excavation materials (CDEM), will integrate with Regenera, a Cemex business. Regenera provides circularity solutions to increase the life of construction products and materials with reuse in value-added products. The acquired facility can process up to 400,000 tons of material per year. Regenera will turn these materials into repurposed aggregates for concrete production. Along with the CDEM, RC-Baustoffe Berlin runs the first plant in Germany that permanently stores biogenic carbondioxide in recycled mineral waste. The buyout will help Cemex strengthen its commitment to circularity through Regenera, as concrete is an infinitely recyclable material. Regenera recovered more than 9 million tons of CDEM in 2023 and intends to reach nearly 14 million tons annually by 2030. In July, Cemex partnered with the Ellen MacArthur Foundation to co
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News
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- Eagle Materials Inc. (NYSE: EXP) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $277.00 to $317.00. They now have a "buy" rating on the stock.MarketBeat
EXP
Earnings
- 10/29/24 - Miss
EXP
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 144
- 11/13/24 - Form 4
- EXP's page on the SEC website