Building material

Global Construction Industry Databook 2023: Steel Prices are Likely to Decline on the Back of Weak Offtake in the Chinese Construction Market - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 4, 2024

The global construction market is projected to remain impacted due to labor shortages and rising interest and material costs over the next few quarters.

Key Points: 
  • The global construction market is projected to remain impacted due to labor shortages and rising interest and material costs over the next few quarters.
  • Excessive supply and weaker consumption from the Chinese market mean that global steel prices will remain under pressure from the short-term perspective.
  • Institutional Construction Outlook: Provides construction outlook by value and volume across manufacturing plant buildings, metal & material processing buildings, chemical & pharmaceutical buildings.
  • Infrastructure Construction Outlook: Provides growth dynamics and market analysis by three key sections such as marine and inland, utility system and transport infrastructure construction.

DIRTT and SourceBlue Announce Strategic Alliance to Transform the Interior Construction Procurement Process

Retrieved on: 
Thursday, January 4, 2024

CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- DIRTT, a leading provider of innovative interior construction solutions, and SourceBlue , a division of Turner Construction , announced a strategic alliance today.

Key Points: 
  • CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- DIRTT, a leading provider of innovative interior construction solutions, and SourceBlue , a division of Turner Construction , announced a strategic alliance today.
  • Known for creating flexible and agile procurement methods, SourceBlue has a vision to transform the supply chain management process in response to construction projects becoming increasingly complex and demanding.
  • Through this alliance, both DIRTT and SourceBlue, alongside Parent Company Turner Construction, will gain access to new markets while offering a more comprehensive solution to clients.
  • Benjamin Urban, CEO of DIRTT, commented: “Our partnership with SourceBlue aims to address the pain points and challenges faced by the construction industry during the interior procurement process.

ASEAN Ceramics 2023: the premier trade fair for Ceramics - Machinery, Technology and Materials professionals in Southeast Asia

Retrieved on: 
Friday, November 17, 2023

The event is organized by Messe Munchen, a leading international trade fair organizer, and is expected to attract thousands of exhibitors and visitors from around the world.

Key Points: 
  • The event is organized by Messe Munchen, a leading international trade fair organizer, and is expected to attract thousands of exhibitors and visitors from around the world.
  • Vietnam, 10 November 2023 - ASEAN Ceramics, Southeast Asia's leading international exhibition of machinery, technology and materials for manufacturing white-ware, heavy clay, bricks and advanced ceramics, will open its doors on Tuesday, 28 November in Hanoi.
  • The Department of Silicate Materials Technology, School of Chemistry and Life Sciences, Hanoi University of Science and Technology have partnered with ASEAN Ceramics to launch the Ceramic Job and Education Fair.
  • The ASEAN Ceramics Conference will take place on 28 - 30 November in parallel to the with the trade fair.

The BuildClub Secures $60,000 Order from US Air Force

Retrieved on: 
Tuesday, December 12, 2023

Palo Alto, CA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The BuildClub hit a milestone by securing a substantial $60,000 order from the US Air Force, the first drawdown on their $5 million blanket purchase agreement.

Key Points: 
  • Palo Alto, CA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The BuildClub hit a milestone by securing a substantial $60,000 order from the US Air Force, the first drawdown on their $5 million blanket purchase agreement.
  • This order kickstarts the $5 million deal, and we're excited about what's to come in this partnership.
  • Stephen Forte, CEO and founder of The BuildClub, expresses enthusiasm about the partnership, stating, "We are honored to receive this substantial order from the US Air Force, marking the commencement of drawing down on our $5 million agreement.
  • It underscores the trust and confidence that organizations, both public and private, place in The BuildClub.

LSU Construction Management, NASA Researchers Exploring Use of Lunar Materials for Extraterrestrial Robotic Construction

Retrieved on: 
Thursday, December 7, 2023

In order to make this eventual goal a reality, robotic construction technologies will be needed to build a variety of supporting structures, such as habitats, landing pads, and radiation shields.

Key Points: 
  • In order to make this eventual goal a reality, robotic construction technologies will be needed to build a variety of supporting structures, such as habitats, landing pads, and radiation shields.
  • “Molten sulfur is the binder and regolith, i.e., Lunar soil, acts as the filler material,” Kazemian said.
  • “Robotic construction on the Moon using Lunar resources and large-scale 3D-printing technology is the goal.
  • Studying the extrusion parameters and the interplay between material-process-environment factors during high-temperature SRC extrusion will mainly take place at LSU.

Google Cloud Startup Program Invests $100,000 in The BuildClub

Retrieved on: 
Wednesday, December 6, 2023

Palo Alto, CA, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The BuildClub proudly announces its selection for the Google Cloud Startup Program, a significant endorsement that comes with a $100,000 award.

Key Points: 
  • Palo Alto, CA, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The BuildClub proudly announces its selection for the Google Cloud Startup Program, a significant endorsement that comes with a $100,000 award.
  • The Google Cloud Startup Program is renowned for identifying and supporting promising startups with exceptional growth potential.
  • By providing financial resources and access to cutting-edge technology, Google Cloud equips startups to scale and accelerate their development.
  • Stephen Forte, CEO and founder of The BuildClub, expressed enthusiasm about the collaboration, stating, "Being selected for the Google Cloud Startup Program is a tribute to our team's hard work and dedication.

Azure Announces Plans to Develop an SAF Production Facility in Kansas

Retrieved on: 
Wednesday, December 20, 2023

CALGARY, AB, Dec. 20, 2023 /PRNewswire/ - Azure 2023 Inc. ("Azure" or the "Company"), a leading developer in the sustainable aviation fuel ("SAF") industry, today announces its planned development of an SAF production facility in Cherryvale, Kansas.

Key Points: 
  • CALGARY, AB, Dec. 20, 2023 /PRNewswire/ - Azure 2023 Inc. ("Azure" or the "Company"), a leading developer in the sustainable aviation fuel ("SAF") industry, today announces its planned development of an SAF production facility in Cherryvale, Kansas.
  • Azure is targeting a final investment decision ("FID") by early 2025; if approved, the Company is targeting to reach first production in 2027.
  • Once fully operational, the facility will produce approximately 135 million gallons per year of renewable fuels, primarily SAF.
  • "We are pleased to have the opportunity to bring this project to Kansas" said Douglas Cole, CEO of Azure.

Lingrove Secures $10 Million in Financing to Ramp up Production of ekoa® - Plant-based Surfaces and Panels for Climate-friendly, Healthy Interiors

Retrieved on: 
Monday, December 18, 2023

The funding enables Lingrove to ramp up production of ekoa®, a natural, durable, and carbon-negative alternative to conventional materials used in construction.

Key Points: 
  • The funding enables Lingrove to ramp up production of ekoa®, a natural, durable, and carbon-negative alternative to conventional materials used in construction.
  • Lingrove aims to reinvent and decarbonize the trillion-dollar renovation and new construction materials market, making interiors healthy, beautiful, and climate-friendly.
  • Lingrove, which launched inhouse manufacturing of ekoa® surfaces in late 2023, has secured millions in ekoa® pre-orders.
  • Despite a challenging fundraising environment, Lingrove successfully secured strategic financing to foster a better future through fast-growing plants, starting with healthy and beautiful interiors.

Owens Corning Earns Place on Dow Jones Sustainability World Index for 14th Consecutive Year

Retrieved on: 
Thursday, December 14, 2023

Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 14th consecutive year and on the DJSI North America Index for the sixth consecutive year, with industry-leading assessment scores.

Key Points: 
  • Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 14th consecutive year and on the DJSI North America Index for the sixth consecutive year, with industry-leading assessment scores.
  • The DJSI World comprises an elite listing of the world’s largest companies based on long-term environmental, social, and governance criteria.
  • Companies are selected for inclusion in the DJSI in part based on their scores in the S&P Global Corporate Sustainability Assessment (CSA).
  • “Our industry-leading score is a testament to Owens Corning’s unwavering commitment to sustainability and our progress toward achieving our 2030 sustainability goals.

Terra CO2 and Eagle Materials Announce Exclusive Agreements to Produce Low-Carbon Cementitious Material in High-Demand Markets, Including the Greater Denver Market

Retrieved on: 
Tuesday, December 5, 2023

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.

Key Points: 
  • 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.