Latest news with #buildingmaterials
National Post
12 hours ago
- Business
- National Post
Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production
Article content GOLDEN, Colo. — Terra CO2 (Terra), a leading US-based low-carbon building materials company, today announced their series B funding, securing US$124.5M in new equity capital. In addition to the Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero, and Just Climate, the round included major investment from Barclays Climate Ventures. Additional strategic investors to join the round include Prologis, the global logistics leader, Cemex, an international leader in construction materials, and Siemens Financial Services, the financing arm of global technology company Siemens. In addition to the equity raise, Silicon Valley Bank, a division of First Citizens Bank, and Stifel Bank co-led the provision of a credit facility furnishing Terra additional financial flexibility. Article content As government funding and subsidies for climate initiatives decrease in the US, it's imperative that these solutions provide cost competitive advantages that can work within existing industries and infrastructures. Terra's SCM provides a commercial deployment ready solution that is not dependent on subsidies, providing both investors and partners with the certainty they need. Article content With the new capital, Terra will be rapidly moving forward with its first 240,000 TPY commercial advanced-processing facility in the Dallas-Fort Worth market. The funding will also support expanding Terra's offices and industrial facilities, significantly growing the team, developing more shovel ready commercial projects, and further advancing new generations of cementitious products. Article content 'Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra's cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment,' says Terra CEO Bill Yearsley. Article content 'Terra's technology offers a combination of commercial readiness and cost competitiveness. Its ability to support the decarbonization of a heavy industry such as cement aligns with our commitment to support scalable, near-term solutions in hard-to-abate sectors,' says Steven Poulter, Head of Barclays Climate Ventures. Terra's patented Supplementary Cementitious Materials (SCMs) process produces a high-performing, low-cost alternative to Portland Cement and depleted traditional resources such as fly ash. And unlike other low-carbon SCMs, Terra's OPUS products utilize inexpensive, abundant, and local feedstocks from existing aggregate mines, and work within existing industry infrastructure. This approach enables immediate deployment at scale, delivering cementitious materials that perform equal to or better than historical SCM while significantly reducing carbon emissions. Terra's second product, OPUS Zero, is currently in active concrete trials and would serve as a full Portland cement replacement. Article content About Terra CO2 (Terra) Article content Terra enables our partners to unlock low-carbon cement from source to deployment. As the critical component in creating concrete, the foundation of modern infrastructure, cement is responsible for 8% of the world's CO 2 emissions. The CO 2 and NO x emissions associated with cement make finding an alternative to current solutions a climate imperative. Article content Unique to Terra is their capability to work across a diverse range of silicate rock mineralogy, not constrained by feedstock availability. Terra's technology allows the company to create sustainable construction materials with the most abundant and accessible raw materials on earth from already approved and open mines. Article content Terra's first product, OPUS SCM (Supplementary Cementitious Material), is ready for commercial deployment, capable of replacing up to 50% OPC (Original Portland Cement) and addressing the industry's carbon emissions and dwindling feedstock challenges. Terra's OPUS ZERO™, a potential 100% replacement of OPC, is in full concrete trials. Both leverage Terra's 'drop-in' reactor solution, which seamlessly integrates with existing infrastructure and sets the foundation for the transition to real zero cement. Article content Validated by third parties, Terra's materials perform equal to or better than traditional cementitious products. Article content Article content Article content Article content Article content Article content
Yahoo
13 hours ago
- Business
- Yahoo
Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production
Investment will facilitate the rapid build out of commercial facilities across North America and Europe for Terra's leading SCM solutions GOLDEN, Colo., July 02, 2025--(BUSINESS WIRE)--Terra CO2 (Terra), a leading US-based low-carbon building materials company, today announced their series B funding, securing US$124.5M in new equity capital. In addition to the Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero, and Just Climate, the round included major investment from Barclays Climate Ventures. Additional strategic investors to join the round include Prologis, the global logistics leader, Cemex, an international leader in construction materials, and Siemens Financial Services, the financing arm of global technology company Siemens. In addition to the equity raise, Silicon Valley Bank, a division of First Citizens Bank, and Stifel Bank co-led the provision of a credit facility furnishing Terra additional financial flexibility. As government funding and subsidies for climate initiatives decrease in the US, it's imperative that these solutions provide cost competitive advantages that can work within existing industries and infrastructures. Terra's SCM provides a commercial deployment ready solution that is not dependent on subsidies, providing both investors and partners with the certainty they need. With the new capital, Terra will be rapidly moving forward with its first 240,000 TPY commercial advanced-processing facility in the Dallas-Fort Worth market. The funding will also support expanding Terra's offices and industrial facilities, significantly growing the team, developing more shovel ready commercial projects, and further advancing new generations of cementitious products. "Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra's cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment," says Terra CEO Bill Yearsley. "Terra's technology offers a combination of commercial readiness and cost competitiveness. Its ability to support the decarbonization of a heavy industry such as cement aligns with our commitment to support scalable, near-term solutions in hard-to-abate sectors," says Steven Poulter, Head of Barclays Climate Ventures. Terra's patented Supplementary Cementitious Materials (SCMs) process produces a high-performing, low-cost alternative to Portland Cement and depleted traditional resources such as fly ash. And unlike other low-carbon SCMs, Terra's OPUS products utilize inexpensive, abundant, and local feedstocks from existing aggregate mines, and work within existing industry infrastructure. This approach enables immediate deployment at scale, delivering cementitious materials that perform equal to or better than historical SCM while significantly reducing carbon emissions. Terra's second product, OPUS Zero, is currently in active concrete trials and would serve as a full Portland cement replacement. About Terra CO2 (Terra) Terra enables our partners to unlock low-carbon cement from source to deployment. As the critical component in creating concrete, the foundation of modern infrastructure, cement is responsible for 8% of the world's CO2 emissions. The CO2 and NOx emissions associated with cement make finding an alternative to current solutions a climate imperative. Unique to Terra is their capability to work across a diverse range of silicate rock mineralogy, not constrained by feedstock availability. Terra's technology allows the company to create sustainable construction materials with the most abundant and accessible raw materials on earth from already approved and open mines. Terra's first product, OPUS SCM (Supplementary Cementitious Material), is ready for commercial deployment, capable of replacing up to 50% OPC (Original Portland Cement) and addressing the industry's carbon emissions and dwindling feedstock challenges. Terra's OPUS ZERO™, a potential 100% replacement of OPC, is in full concrete trials. Both leverage Terra's "drop-in" reactor solution, which seamlessly integrates with existing infrastructure and sets the foundation for the transition to real zero cement. Validated by third parties, Terra's materials perform equal to or better than traditional cementitious products. Terra is headquartered in Golden, Colorado, and is led by a team of industry experts. For more information, please visit: View source version on Contacts For media queries, please contact:Doug FreemanJDI for Terra CO2 Technologydoug@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14 hours ago
- Business
- Yahoo
Infrastructure Boom and Extraction Innovations Drive Growth
The North America Limestone Market is poised to expand significantly, reaching US$ 45.29 billion by 2033, growing at a 5.1% CAGR from 2025 to 2033. The market's growth is driven by the increased demand for building materials fueled by extensive infrastructure projects in the U.S., Canada, and Mexico, as well as advancements in mining technologies. Limestone is critical for cement production and environmental applications like flue gas desulfurization. Key challenges include public opposition and resource depletion. Major players include United States Lime & Minerals Inc., Imerys SA, and CEMEX S.A.B. de C.V. The U.S. infrastructure investment and Canada's development plans further propel market dynamics. North American Limestone Market Dublin, July 02, 2025 (GLOBE NEWSWIRE) -- The "North America Limestone Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to North America Limestone Market is expected to reach US$ 45.29 billion by 2033 from US$ 28.94 billion in 2024, with a CAGR of 5.1% from 2025 to 2033 The growing need for building materials, the rise in building projects such as roads, bridges, residential buildings, and commercial spaces, as well as the increased advancements in extraction methods like automated machinery and more effective blasting, are all contributing factors to the market share's expansion. The growing demand for building materials is one of the key factors driving the limestone market in North America. The production of cement, which is necessary for constructing infrastructure, commercial buildings, and residential buildings, depends on limestone as a raw material. The need for building projects such as roads, bridges, residential buildings, and commercial spaces is increasing as North American cities continue to expand due to urbanization. As a result, there is now a greater need for limestone, which is used in cement, concrete aggregates, and crushed stone for road construction. The market for limestone products in North America is being driven by the shift toward lowering industrial emissions and mitigating environmental effect, particularly in businesses striving for carbon market landscape has been determined in large part by developments in mining technologies and limestone processing. Limestone mining operations are now more productive and economical thanks to improved extraction methods such automated technology and more effective blasting. The creation of finer and more specialized limestone products has also been made possible by advancements in processing technology, such as improved crushing and grinding machinery. Because of these technological advancements, limestone may now be used in a wider variety of products, such as fertilizers, high-quality chemical products, and even as a fluxing agent in the steel United States has been preparing to rebuild the nation's current infrastructure. The government declared in May 2022 that more than USD 110 billion will be used to complete 4,300 specific projects, including updating ports and airports, repairing roads and bridges, and replacing lead pipes to supply clean water. Over the course of the projected period, these projects are anticipated to generate profitable demand for limestone and benefit almost 3,200 communities spread across the 50 a number of government initiatives in Canada, such as the Made in Canada program, the New Building Canada Plan, and the Affordable Housing Initiative (AHI), are expected to greatly aid in the sector's growth. A major investment of over USD 2 billion was announced by the Canadian government in August 2022 to support three key projects that will help build almost 17,000 homes for families nationwide, including thousands of affordable housing Drivers for the North America Limestone Market Infrastructure DevelopmentOne of the main factors propelling the North American limestone market's expansion is infrastructure development. The demand for limestone, a vital raw material in the manufacture of cement and the building of roads, is rising sharply as a result of massive investments in construction projects throughout the United States, Canada, and Mexico. Because limestone is widely utilized in concrete and asphalt mixtures, it is crucial for the construction of urban infrastructure, bridges, highways, and airports. The usage of long-lasting and reasonably priced materials like limestone is anticipated to increase as governments place a higher priority on modernizing public works and transportation infrastructure. There is a steady and increasing need for limestone in both public and private sector construction projects due to the continuous drive for infrastructure renovation throughout North in Environmental ApplicationsBeyond construction, limestone is a significant resource since it is used in many environmental applications. One of its main applications is in flue gas desulfurization systems, which aid in the fight against air pollution by lowering sulfur dioxide emissions from coal-fired power plants. In agriculture, limestone is also used to neutralize and treat acidic soils, increasing land productivity and reestablishing soil health. It can also be used to purify water and control industrial waste because of its inherent filtering and neutralizing properties. The demand for limestone is rising in North America because to these ecologically benign uses, especially as laws and sustainability objectives encourage businesses to adopt greener, cleaner Technological AdvancementsThe efficiency and sustainability of the sector are being greatly improved by technological developments in the extraction and processing of limestone. The time and labor needed for limestone mining and processing have decreased due to the simplification of processes brought about by modern machinery and automation. Additionally, by reducing waste and energy use, these advances contribute to more environmentally responsible production. While reducing operating expenses, methods including automated sorting, real-time monitoring, and precision blasting enhance product quality and consistency. Faster delivery and lower emissions are also guaranteed by developments in logistics and transportation. The incorporation of cutting-edge technologies is crucial in increasing production and propelling growth in the North American limestone market while simultaneously resolving environmental issues, as companies continue to place a high priority on sustainability and in the North America Limestone MarketLand Use and Resource DepletionThe market for limestone in North America is continuously challenged by land usage and resource depletion. Over time, extensive land degradation brought on by ongoing limestone extraction can have an impact on nearby ecosystems and landscapes. The progressive depletion of high-quality reserves makes it more challenging to locate and secure new mining locations. Attempts to expand operations are made more difficult by environmental rules and increasing community opposition. Disruption of habitat, water use, and possible effects on residential or agricultural regions are frequently local concerns. Longer approval procedures and more compliance expenses are caused by these variables. Companies must invest in land reclamation, embrace more sustainable mining methods, and collaborate closely with communities and regulatory agencies to ensure future access to sustainable limestone reserves in order to overcome these States Limestone MarketThe market for limestone in the US is vital to several sectors, such as manufacturing, agriculture, and building. Limestone is utilized extensively in the manufacturing of chemicals like lime, cement, and construction materials. It is a useful resource for both large-scale projects and small-scale applications due to its adaptability and abundance in the United States. The industry gains from rising demand for agricultural applications like pH balancing and soil conditioning as well as infrastructure development. Limestone is also an essential part of environmental control processes like flue gas desulfurization. Mining restrictions, changing industrial needs, and regional supply all have an impact on the U.S. 2024, research conducted by the U.S. Geological Survey used both machine learning (ML) and water testing to predict that the Smackover Formation, a geological unit, contains between 5 and 19 million tons of lithium reserves. Underneath parts of Arkansas, Louisiana, Texas, Alabama, Mississippi, and Florida lies a sizable, permeable, and porous layer of limestone known as the Smackover Formation, which is a remnant of a prehistoric Limestone MarketThe Canadian limestone market is essential to a number of important sectors, such as industry, agriculture, and building. Limestone is an essential component in cement manufacturing, road construction, and agricultural soil conditioners. The market is distinguished by a wide variety of applications, with notable demand in both rural agriculture operations and urban infrastructure projects. Geographically, Canada has vast limestone reserves, including one of the biggest in the nation, Alberta's Hammerstone Quarry. A steady supply chain for both exporting and domestic consumption is supported by this abundance. Nevertheless, the market is confronted with obstacles like varying export amounts and rivalry from other countries that produce limestone. The Canadian limestone market continues to be an essential part of the country's industrial environment in spite of these Limestone MarketMexico's limestone market is an essential part of the country's economic landscape, sustaining industries including chemicals, building, and agriculture. Limestone is widely used in road construction, cement manufacturing, and agriculture as a soil conditioner. The market is distinguished by a wide variety of applications, with notable demand in both rural agriculture operations and urban infrastructure projects. Geographically, Mexico has large reserves of limestone, particularly in areas like Quintana Roo. However, the market has to contend with issues including governmental scrutiny and environmental concerns. Tensions between government officials and industrial players have resulted from disputes over land use and environmental impact, underscoring the necessity of well-balanced regulations that take into account both economic and environmental issues. Key Players Analyzed: Overview, Key Persons, Recent Developments, Revenue United States Lime & Minerals Inc. Imerys SA The National Lime & Stone Company Carmeuse Holcim Limited Imerys CEMEX S.A.B. de C.V. Mineral Technologies Inc. Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $28.94 Billion Forecasted Market Value (USD) by 2033 $45.29 Billion Compound Annual Growth Rate 5.1% Regions Covered North America Key Topics Covered: 1. Introduction2. Research & Methodology2.1 Data Source2.1.1 Primary Sources2.1.2 Secondary Sources2.2 Research Approach2.2.1 Top-Down Approach2.2.2 Bottom-Up Approach2.3 Forecast Projection Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. North America Limestone Market5.1 Historical Market Trends5.2 Market Forecast6. Market Share Analysis6.1 By Type6.2 By Application6.3 By End Use6.4 By Countries7. Type7.1 Magnesian Limestone7.2 High Calcium Limestone8. Application8.1 Industry Lime8.2 Chemical Lime8.3 Construction Lime8.4 Refractory Lime9. End Use9.1 Construction9.2 Iron & Steel9.3 Agriculture9.4 Chemical9.5 Others10. Countries10.1 United States10.2 Canada10.3 Mexico10.4 Rest of North America11. Porter's Five Forces Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Rivalry11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threat13. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Limestone Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Entrepreneur
3 days ago
- Business
- Entrepreneur
Infra.Market Secures USD 50 Mn from MARS Growth Capital to Fuel Growth and Global Expansion
The funds will help accelerate product development, expand retail and manufacturing infrastructure, and enhance supply chain capabilities. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. a construction materials platform, has secured an additional USD 50 million in debt financing from MARS Growth Capital, a joint venture between Liquidity Group and MUFG Bank. This latest infusion brings the total debt facility to USD 150 million, with the original USD 100 million line being extended by another five years. The new capital will be deployed to support continued expansion in India and abroad, as the company prepares for a USD 700 million IPO, expected to value it between USD 3–5 billion. The funds will help accelerate product development, expand retail and manufacturing infrastructure, and enhance supply chain capabilities. "We continue to build on our vision of creating India's largest building materials platform, offering end-to-end solutions across the construction value chain, not only in India, but also globally," said Souvik Sengupta, Founder of "We are rapidly expanding our market presence and are excited about the opportunities that lie ahead." Founded in 2016 by Souvik Sengupta and Aaditya Sharda, serves both institutional (B2B) and retail (B2R) customers across the construction sector. The company offers more than 15 product categories including concrete, walling solutions, steel, tiles, paints, modular kitchens, electricals, appliances, and consumer durables. It operates a robust network of over 250 manufacturing units and 10,000+ retail touchpoints across India. has also made strategic investments in industry players like RDC Concrete, Shalimar Paints, Emcer, Millennium Tiles, and Amstrad. This financing marks second raise in 2025, following a USD 125 million Series D round earlier in the year, backed by prominent investors such as Accel, Tiger Global, and Nexus. Ron Daniel, Co-founder and CEO of Liquidity Group, commented, "This USD 150 million potential commitment reflects our conviction in vision and execution. We are proud to deepen our partnership as the company continues to redefine what's possible in India's infrastructure sector." is targeting India's USD 255 billion building materials market, with a sharp focus on infrastructure, industrial, and residential construction. Northcote Luxe FinBrokers acted as exclusive advisors for the latest debt transaction.
Yahoo
7 days ago
- Business
- Yahoo
Titan Cement International Becomes Titan
BRUSSELS, June 26, 2025--(BUSINESS WIRE)--Regulatory News: Titan Cement International S.A. (TCI), the parent company of TITAN Group (Brussels:TITC), has changed its legal name to Titan S.A., following approval at its Extraordinary Meeting of Shareholders. This milestone marks a new chapter in the Group's 123-year history. The ticker symbol TITC remains unchanged on both Euronext and the Athens Exchange. The simplified name reflects a unified, forward-looking identity aligned with the Group's global presence, purpose, and strategic priorities. It underscores ΤΙΤΑΝ's transformation into a modern industrialist, provider of sustainable building materials and solutions, while staying true to its heritage, values, and strong brand recognition across all markets. The company's logo and tagline, "Building a better world together," refreshed in 2024, will continue to represent its commitment to innovation, sustainability, and value creation. It highlights TITAN's dedication to sustainability and to transitioning to more innovative operations, products, and solutions. As part of this transition, the company has also adopted a new domain: reinforcing its focus on high-performance materials that shape a sustainable future. "Our evolution into a truly diversified building and infrastructure materials company and our ongoing commitment to sustainability and innovation are embodied in this identity update", said Marcel Cobuz, Chair of the Group Executive Committee of TITAN Group. "The new name and web domain presence better communicate our capabilities and ambition, as we shape the future of building materials everywhere we operate." A purpose-driven company with a strong set of core values Guided by the purpose of 'making the world around us a safe, sustainable, and enjoyable place to live', TITAN accelerates its progress and actively contributes to a more innovative and sustainable industry. All efforts are based on four core values that serve as the bedrock of the company's culture: We Care – about people, customers, communities, and the planet We Dare – to innovate, challenge, and lead We Build to Last – delivering enduring value We Walk the Talk – with integrity and action Comprehensive growth and sustainability for offering customers high-performance, innovative products and solutions ΤΙΤΑΝ has embraced a learning organization mindset, fast-tracking digitalization, customer-centric tools, and data-driven innovation across its cement, aggregates, ready mix concrete, and alternative cementitious materials operations. Under its Growth Strategy, the company is accelerating efforts in the following areas: Investment in alternative cementitious materials Expansion of core cement, aggregates, and ready-mix concrete businesses Launch of TITAN Edge family of products and brands: high-performance, low-carbon products, digital, and circular solutions Expansion of TITAN Premier: premium construction materials services Establishment of innovation hubs and enhanced R&D and new ventures across markets The name change symbolizes continuity with renewed ambition, reaffirming the company's identity as TITAN and reinforcing its commitment to shaping a sustainable future for the building materials industry. About TITAN Group TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The parent company is listed on Euronext and the Athens Exchange. For more information, visit our website at View source version on Contacts media@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
