Cemex USA Announces Divestment in Southeast

Cemex USA announced that it has signed an agreement for the sale of its gypsum wallboard business based in Florida to US LBM Holdings, LLC. The proceeds obtained from this transaction, which will not be for a material amount, will be used mainly by Cemex USA’s affiliates for debt reduction and for general corporate purposes. The transaction is expected to…

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Dust Control System

55 CamfilAPC 400

Camfil Air Pollution Control (APC) announced the industry’s first web-based system for fast, accurate and comprehensive dust collection diagnostics. The new GoldLink system provides round-the-clock access to dust collection operations by monitoring four preset analog inputs and 16 preset digital inputs. Designed for facilities that do not have building management systems, it is especially useful for companies with many remote…

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Cemex LatAm Sales Down in Second Quarter

Cemex LatAm Holdings (CLH) announced that its consolidated net sales reached $394 million during the second quarter of 2015, a decrease of 11 percent versus the second quarter of 2014. This decline is mainly explained by currency fluctuations and lower sales in operations in Colombia, noted the company. Operating EBITDA, adjusted for the currency fluctuations, increased by 2 percent during…

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Senate Passes DRIVE Act

By a bipartisan vote of 65 to 34, the U.S. Senate passed a six-year surface transportation authorization. Passage of the “Developing a Reliable and Innovative Vision for the Economy Act” or the DRIVE Act represents a major step toward completion of a robust highway bill this fall. Co-sponsored by Senators James Inhofe (R-Okla.), Barbara Boxer (D-Calif.), David Vitter (R-La.), and…

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Holcim’s Half-Year Results Released

In the first half of 2015, Holcim generated higher cash flow from operating activities and increased net income supported by the gain from the divestment of the group’s minority shareholding in Siam City Cement (Thailand) in March. However, Holcim was faced with an overall challenging development as lower than anticipated demand in some markets caused volume declines in cement and impacted…

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