Eagle Materials JV Texas Lehigh to start up 500K-ton slag cement facility in Houston summer 2024

EAGLE MATERIALS INC

New slag cement facility with annual capacity of ~500,000 tons expected to start up in summer 2024.
Facility owned by Texas Lehigh Cement Company, a 50/50 JV between Eagle and Heidelberg Materials North America.
Construction substantially complete; facility will supplement Texas Lehigh's existing cement plant in Buda, Texas.
Expansion aims to meet rising demand for cementitious materials in Texas as fly ash availability declines.
CEO cites the project as a step toward sustainability and reducing carbon intensity of product portfolio.

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