HeidelbergCement brought the 2014 financial year to a successful close despite a challenging environment. The decisive factors in this achievement were the group’s geographical positioning in countries experiencing solid economic development in North America, Europe, Asia and Africa; successful price increases in major markets; and the successful implementation of the margin improvement programs.
Read MoreDay: April 2, 2015
Holcim’s Second-Largest Shareholder Unhappy with New Merger Deal
Eurocement Holding AG, the second-largest shareholder in Holcim Ltd., plans to vote against the Swiss company’s merger with Lafarge SA unless the financial terms of the deal are altered, reported The Wall Street Journal.
Read MoreCement Shipments Up for December, Full Year
Total shipments of portland and blended cement in the United States and Puerto Rico in December 2014 were 6.2 million metric tons (Mt), up by 22 percent from the level in December 2013, according to the most recent USGS Mineral Industry Survey. Shipments for the full year were 88.4 Mt, up by about 8 percent from those in 2013.
Read MoreSt. Marys Cement Loses Appeals Case
In a 3-0 decision, an appeals court will not overturn the U.S. Environmental Protection Agency’s call for more stringent pollution controls at St. Marys Cement plant in Charlevoix, Mich., reported the Petoskey News-Review. St. Marys Cement challenged the EPA’s December 2012 rule that overturned Michigan’s regional haze plan and introduced more stringent standards for the company’s Charlevoix plant, arguing that…
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