Grupo Cementos de Chihuahua, S.A.B. de C.V. announced its results for the second quarter of 2018. The company delivered growing sales and EBITDA as well as a higher EBITDA margin, with solid operating results in both the United States and Mexico. GCC also completed the acquisition of a cement plant in Montana, increasing its U.S. production capacity 11 percent; sold…
Read MoreMonth: July 2018
Cemex Sets 30-Month Timetable for Asset Sales
In an upbeat second quarter earnings report, Cemex assured investors that asset prioritizing and debt reduction are top of mind. “With the objective of accelerating our path to investment grade and enhancing total shareholder return, we are announcing ‘A Stronger Cemex,’” said Chief Executive Fernando Gonzalez. “During the next 2.5 years, we will work to optimize our portfolio by focusing…
Read MoreParticulate Monitor
BinMaster brings a sense of simplicity to customers seeking basic operation and single-point particulate monitoring with the new DD-3000 Dust Alert sensor.
Read MoreLafargeHolcim to Close Paris, Zurich Offices
Consistent with its Strategy 2022, LafargeHolcim announced that it will close its head offices in Paris and Zurich by the end of the year, eliminating 200 jobs as part of a cost-cutting drive. Remaining positions in Switzerland will be moved to the company’s Holderbank site and a new corporate office in Zug. In Paris, remaining positions will be moved to…
Read MoreMarch Cement Shipments Drop Slightly
Total shipments of portland and blended cement in the United States and Puerto Rico in March 2018 were about 7.4 million metric tons (Mt), slightly less than shipments in March 2017, according to the most recent USGS Mineral Industry Survey.
Read MoreCemex Go Hits 10K Customer Milestone
Cemex announced that its digital platform Cemex Go, which simplifies and streamlines transactions with Cemex operations, has been adopted by upward of 25 percent of the company’s customer base worldwide since its launch in November 2017.
Read MoreHeidelbergCement Outlines New Vision 2020 Targets
During its Capital Markets Day 2018 last month, HeidelbergCement presented its Vision 2020, updating financial targets and strategic priorities for the three-year period starting 2018. The company envisions $1.8 billion to $2.4 billion in acquisitions, backed by $1.2 billion to $1.8 billion in non-core asset sales, plus savings realized from continuous efficiency improvements across its building material businesses.
Read MoreWCA Holds Global Climate Change Forum
The World Cement Association (WCA) touted the participants at its international expert panel at the Global Climate Change Forum (GCCF), which took place in Paris, June 27-28.
Read MoreUltracem Joins World Cement Association
The World Cement Association (WCA) announced it has further expanded its international network of members by welcoming the Colombia-based Ultracem as a corporate member. The association now has a membership made up of 69 members and representatives that cover 38 countries.
Read MoreHeidelbergCement Releases Sustainability Report
HeidelbergCement published its Sustainability Report 2017, which focuses on targets, measures and achievements of the company’s sustainability management. The report highlights the successes and aims of corporate sustainability management, as well as the HeidelbergCement’s activities in the arena of environmental protection, employees, workplace safety and social responsibility.
Read More