South Korean Ready-Mix Concrete Shipments Expected to Drop by 18%

South Korean Ready-Mix Concrete Shipments Expected to Drop by 18% in 2025 In a recent update, South Korean ready-mix concrete shipments are anticipated to decline by 18% year-on-year in 2025, reaching approximately 93 million cubic meters. This projection stems from a report by Chosun Biz News, which attributes the decrease…

Sublime Systems and Microsoft Sign Binding, Long-Term Purchase, Transforming the Market for Clean Cement

Sublime Systems and Microsoft Sign Historic Deal for Clean Cement SOMERVILLE, Mass.-- In a groundbreaking move, Microsoft and Sublime Systems have signed a landmark agreement to transform the market for clean cement. The deal involves Microsoft purchasing up to 622,500 metric tons of low-carbon cement from Sublime’s first commercial factory…

Quikrete approaches Summit Materials with acquisition offer

Quikrete Makes Billion-Dollar Bid to Acquire Summit Materials In a significant move that underscores the ever-evolving landscape of the construction materials industry, Quikrete Holdings, Inc., a leading building materials company, has extended a definitive acquisition offer to Summit Materials, Inc. The deal, valued at approximately $11.5 billion, includes debt and…

Concrete Industry Outlook 2025

The Concrete Industry Outlook for 2025: Navigating Uncertainty and Opportunity The concrete industry is poised for a complex and dynamic 2025, with both challenges and opportunities on the horizon. As the Federal Reserve's policy pivot begins to take hold, the economy and construction sector are expected to undergo significant changes.…

Freighter stuck at mouth of Cuyahoga River

Freighter Stuck at Mouth of Cuyahoga River in East Bank of the Flats In a dramatic incident that unfolded overnight, a massive 9,000-ton freighter became wedged in the Cuyahoga River at the East Bank of the Flats in Cleveland. The motor vessel Sunnanvik, which was navigating through the canal, got…