Total shipments of portland and blended cement in the United States and Puerto Rico in May 2016 were about 8.2 million metric tons (Mt), up by 5.1 percent from sales in May 2015, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in May were California, Texas, Missouri, Florida and Michigan,…
Read MoreDay: August 16, 2016
McInnis Cement Project Sees New Ownership
Pension fund giant Caisse de dépôt et placement du Québec announced that it will take control of the McInnis Cement project in the Gaspé peninsula in the wake of massive cost overruns, reported Reuters Canada. It has also agreed to a new C$250 million ($192.56 million) round of financing to complete the Port-Daniel-Gascons facility.
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