Brazil’s antitrust regulator, the Administrative Council for Economic Defense (Cade), ruled an order including fines against six Brazilian cement producers for a total of $1.4 billion (BRL 3.1 million) as part of a cartel case.
Read MoreDay: June 16, 2014
Mondi Industrial Bags
Mondi has launched the Touch Bag – an industrial paper bag with an embossed element such as a logo or another visual. The embossed element not only draws attention to the brand; it also gives the packaging an emotional touch and presents an obstacle to product counterfeiters. “We are excited to offer this new feature to our customers,” said Thomas…
Read MoreMarch Cement Shipments Up 6 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in March 2014 were 6.1 million metric tons (Mt), up by nearly 6 percent from the level in March 2013, according to the most recent USGS Mineral Industry Survey. Shipments for the year through March were 15.7 Mt, up by about 3 percent from the same…
Read MoreLafarge Sells Ecuador Cement Unit
Lafarge SA, which plans to merge with Holcim Ltd., sold its Ecuador cement operations to Peru’s Union Andina de Cementos SAA for an enterprise value of $553 million to reduce debt.
Read MoreSpanish-German Consortium to Build Cement Plant in Bolivia
The Spanish-German consortium formed by IMASA lngeniería y proyectos, S.A., ThyssenKrupp Industrial Solutions (Polysius) and Sacyr Industrial (VALORIZA) have signed an EPC contract for the building of a cement plant with Bolivia’s state-run cement producer Empresa Pública Productiva Cementos de Bolivia (ECEBOL), with a value of $244 million.
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