Terra CO2 and Eagle Materials Announce Exclusive Agreements to Produce Low-Carbon Cementitious Material in High-Demand Markets, Including the Greater Denver Market
Terra CO2, the developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. (NYSE: EXP), announced today that they have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
- Terra CO2, the developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. (NYSE: EXP), announced today that they have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
- The agreements grant Eagle Materials the exclusive right to build and operate plants that produce supplementary cementitious material (SCM) in each geographic area.
- When developed and fully scaled, each plant would have the potential to produce approximately 240,000 tons per year of SCM.
- These agreements represent an important step towards helping states and the construction industry further their environmental goals and initiatives.