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...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. For example, a plant built in the Greater Denver market area would support the Buy Clean Colorado Act (HB21-1303), signed into law and effective January 1, 2024, which aims to reduce embodied carbon emissions in construction materials for Colorado state public projects exceeding $500,000...Terra’s OPUS SCM has been successfully used in the construction of the Porsche Sugar Land dealership in Texas and the Minnesota Road Research Facility (MnROAD) on Interstate 94. Terra also recently announced plans for a plant in Dallas-Fort Worth in partnership with Asher Materials."


https://www.businesswire.com/news/home/20231205611533/en/Terra-CO2-and-Eagle-Materials-Announce-Exclusive-Agreements-to-Produce-Low-Carbon-Cementitious-Material-in-High-Demand-Markets-Including-the-Greater-Denver-Market?_gl=

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