Martin Marietta, feds concur on Vulcan merger review, prospective consent order timeline

Sources: Martin Marietta Materials, Raleigh, N.C.; Staff reports A “Timing Agreement” will see Martin Marietta and U.S. Department of Justice officials meet in April to discuss resolution of any agency antitrust concerns surrounding the company’s proposed merger with Vulcan Materials Co. Discussions will proceed toward a consent order detailing potential asset sales or other measures to gain DOJ/Antitrust Division clearance…

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Essroc Nazareth plant hit with $82K EPA fine for reporting violations

Source: U.S. Environmental Protection Agency, Washington, D.C. The EPA recently announced that Essroc Cement Corp. has agreed to pay a $82,000 penalty to settle alleged violations of toxic chemical reporting requirements at its manufacturing Nazareth, Pa. facility. According to EPA, Essroc failed to submit three years of required reports on a regulated toxic chemical (lead) that was processed at this…

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Mexico’s Cemex fined for anti-competitive practices

Source: Reuters.com Mexico’s competition watchdog, known as Cofeco, fined cement giant Cemex 10.2 million pesos (US$800,500) for anticompetitive practices in a 2005 dispute regarding the company blocking a shipment of cheap Russian-made cement from entering the country. A rival group tried to import 26,000 tons of the Russian cement into Mexico, but the “Mary Nour” vessel was held up for…

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