Materials

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Steel, cement prices increased this past year while lumber prices declined.

The Chicago-based materials supplier cites a growing demand in the sector for low-embodied carbon building materials.

Dubai-based construction chemicals manufacturer, formerly a UK firm, will consolidate into Saint-Gobain’s "high performance solutions" business.

Sublime Systems is planning a $150M sustainable cement plant in Holyoke, Mass., funded in part by a U.S. Energy Dept. and Internal Revenue Service tax credit of $46M for use of renewable power.

President Biden invokes U.S. Defense Production Act and cites “credible evidence” that the Japanese owner “might take action that threatens to impair national security.”

After ruling by Texas-based judge blocking sales of materials bought during the first Trump term, the Biden administration says it will halt their sale. 

The cash deal, when completed, would create a vertically integrated, North America-based construction materials provider.

Officials selected 14 projects for $428 million in grants.

The International Longshoremen’s Association halts work at East and Gulf coast ports, potentially impacting construction materials and equipment.