Results from an independent audit undertaken across the membership of the Cement Sustainability Initiative (CSI) of the World Business Council for Sustainable Development (WBCSD), demonstrates that leading cement companies are improving their sustainability through the CSI collaborative approach. Seventeen member companies were audited against their commitments and responsibilities set out in the Charter of the CSI, a global effort by 24 major…
Read MoreYear: 2015
HeidelbergCement Sells Hanson Building Products
HeidelbergCement completed the sale of its North American (excluding Western Canada) and United Kingdom building products business, collectively Hanson Building Products, to an affiliate of Lone Star Funds. “I am very glad to be able to hand over Hanson Building Products to a buyer, which as an experienced financial investor, will support the sustainable development of the business going forward,” said Dr.…
Read MoreHolcim, Lafarge Renegotiate Merger
Two European cement giants – Holcim and Lafarge – mended their merger plans after it faltered when Holcim’s board of directors “concluded that the combination agreement can no longer be pursued in its present form.” The move was made under pressure from the company’s shareholders as Lafarge’s earnings outlook dimmed.
Read MoreCemex Executive Takes Over at Caribbean Cement
Alejandro Vares will leave his current position as interim country manager of Cemex Costa Rica to take on the role of general manager at Caribbean Cement Co. Ltd., effective May 4, reported The Gleaner. Vares is replacing outgoing head Anthony Haynes.
Read MoreEssroc to Buy Holcim’s Slag Mill, Cement Terminal
Essroc has signed an agreement to acquire the Holcim (US) Inc. slag cement grinding plant in Camden, N.J., along with an Everett, Mass., cement terminal. With a capacity of 700,000 metric tons, the Delaware River facility stands to triple the slag cement output for Essroc, which mills the supplementary binder at Picton, Ontario; San Juan, Puerto Rico; and Middlebranch, Ohio,…
Read MoreCement Shipments Rise 12 Percent in January
Total shipments of portland and blended cement in the United States and Puerto Rico in January 2015 were about 5.4 million metric tons (Mt), up by 12 percent from the level in January 2014. The leading portland cement-producing states in January were Texas, California, Missouri, Florida and Alabama, in descending order. The leading consuming states (Texas, California, Florida, Georgia and…
Read MorePCA: Cement Consumption, Clinker Imports to Grow
U.S. cement consumption will continue its growth trend in 2015, according to the Portland Cement Association (PCA).
Read MoreLafarge Executive Named Future CEO of LafargeHolcim
The boards of directors of Lafarge and Holcim have approved the appointment of Eric Olsen as future chief executive officer of LafargeHolcim. The appointment was proposed by Lafarge Chairman and CEO Bruno Lafont.
Read MoreMcInnis Cement Warehouse Coming to New York
Montreal-based McInnis Cement plans to build a $40 million distribution warehouse along the East River in the Bronx, N.Y., in hopes of reducing truck traffic in the borough as well as to develop its waterfront, reported DNAinfo.com.
Read MoreHeidelbergCement: 2014 was Best Year Since Financial Crisis
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.
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