LafargeHolcim shareholders approved a group name change to Holcim Ltd. during the company’s virtual annual general meeting on May 4. Directors recommended the move “for efficiency and impact … as the company transforms to become the global leader in innovative and sustainable building solutions.”
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CEMEX reported that consolidated net sales increased 9%, on a year-over-year basis to $3.4 billion in the first quarter of 2021. Operating EBITDA improved 28% to $684 million, while the EBITDA margin increased to 20.1%, 2.8 percentage points higher year over year.
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The World Cement Association (WCA) will hold a free Virtual Open Day on June 2. The event will give attendees the chance to meet the WCA board, learn about the professional committees and the PEGASUS benchmarking project, and above all, network with other cement industry professionals.
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LafargeHolcim has reached a settlement agreement with New York state and the Environmental Protection Agency over environmental violations at its Ravena cement plant, which resulted in pollution of the Hudson River, reports local media.
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Votorantim Cimentos and Caisse de dépôt et placement du Québec (CDPQ), the parent companies of St Marys Cement and McInnis Cement, have completed the transaction to combine cement operations in North America.
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