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CEMATRIX Corp V.CVX


Primary Symbol: T.CEMX Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by Canadian_101on Feb 15, 2022 9:53am
144 Views
Post# 34429559

‘Buy Clean’ Task Force To Boost Greener Manufacturing

‘Buy Clean’ Task Force To Boost Greener Manufacturing

I think the new CEO is on to something, great to see some diversification and just at the right time....

Foamed glass is used where our cellular concrete is not applicable or doesn’t fit the required solution and thus, this investment provides CEMATRIX with a growing stake in a Company that manufactures and sells environmentally friendly construction material products, mainly into new markets, but many of which are complimentary as well. Secondly, this Investment will enable CEMATRIX to service an ever-growing green construction market requirement throughout North America,”



WASHINGTON — The White House on Tuesday announced a new task force to promote use of construction materials with lower lifecycle emissions as it works to speed U.S. government purchases of greener products.

The move comes after President Joe Biden said in December that the government, which buys goods and services worth more than $650 billion each year, planned to cut its emissions by 65 percent by 2030, on the path to net zero emissions by 2050.

The multi-agency “Buy Clean Task Force” is being set up by the Council on Environmental Quality and White House Office of Domestic Climate Policy to help “create markets for low carbon materials,” an administration official told reporters.
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