Two weeks after the Federal Trade Commission (FTC) challenged Lehigh Cement’s planned acquisition of Keystone Cement, the commission said the two rival producers have abandoned the deal.
Read MoreLehigh Cement Abandons $151M Keystone Acquisition
Author: Cement Optimized News
Clean Earth Increases Fuel Blending Capacity at Kentucky Facility
The Clean Earth division of Harsco Corp. received the final authorization needed to operate a new tank farm – consisting of six, 15,000-gal. tanks – at its Calvert City, Ky., operation. The new permit provides 90,000 gal. of additional capacity for fuel blending.
Read MoreHeidelbergCement to Build First Carbon-Neutral Cement Plant
HeidelbergCement plans to upgrade subsidiary Cementa’s Slite plant in Sweden into the world’s first carbon-neutral cement plant by 2030.
Read MoreLafargeHolcim Names Tabbara as U.S. Cement CEO
LafargeHolcim has appointed Toufic Tabbara as chief executive officer of U.S. Cement operations. He brings more than 20 years’ experience in the construction-materials industry that will help lead the organization through the next phase of growth.
Read MoreCement Shipments Jump 16% in March
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in March 2021 were an estimated 9.0 million metric tons (Mt), a 16% increase from shipments in March 2020, according to the most recent USGS Mineral Industry Survey. Shipments for the year through March totaled an estimated 21.4 Mt, a slight increase from those for…
Read MoreFCT Group Names Greco as CEO
Pyro-processing specialist FCT Group has named Adriano Greco as chief executive officer, effective June 1. He succeeds Constantine Manias, who is stepping back from the role after 23 years. Manias will retain his position as executive chairman.
Read MoreLafargeHolcim to Settle Lawsuit Over Cuban Property
LafargeHolcim has agreed in principle to settle a lawsuit brought by a group of 25 U.S. nationals who claimed the company used their Cuban property to conduct business, reports The Wall Street Journal.
Read MoreCEMEX Supplies Concrete for Newest Vegas Resort
CEMEX USA delivered 65,000 cu. meters (85,000 cu. yd.) of ready-mix concrete to support the construction of the new Circa Resort & Casino, the tallest building in downtown Las Vegas, and the first new resort property to open in downtown in more than 40 years.
Read MoreHeidelbergCement Announces Major Board Changes
In line with HeidelbergCement’s “Beyond 2020” strategic targets, the company’s supervisory board has established two new positions on the managing board in order to further drive the company’s major transformation in sustainability and digitalization– chief sustainability officer and chief digital officer.
Read MoreMartin Marietta Heads West with $2.3B Lehigh Hanson Deal
Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson’s West Region operations in Arizona, California, Nevada and Oregon. The acquisition provides the company with a new upstream materials-led growth platform across several of the nation’s largest and fastest growing megaregions.
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