Following the acquisition of Italcementi by HeidelbergCement, HC Trading and Interbulk Trading have merged their operations under the entity of HC Trading B.V. It will provide a unique opportunity to accelerate the growth of the trading arm of the HeidelbergCement Group. The merger will carry the group’s international trading activities – specializing in cement, clinker, coal and petroleum-coke – one…
Read MoreAuthor: Cement Optimized News
September Cement Shipments Slip 2.8 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in September 2016 were about 8.8 million metric tons (Mt), down by 2.8 percent from sales in September 2015, according to the most recent USGS Mineral Industrial Survey.
Read MoreLafargeHolcim’s Eric Olsen Elected CSI Chairman
Eric Olsen, CEO of LafargeHolcim, will become the new chairman of the Cement Sustainability Initiative (CSI) in 2017, as confirmed at the organization’s annual CEO Meeting in Madrid.
Read MoreMcInnis Cement Appoints New CEO
McInnis Cement announced the appointment of Hervé Mallet as president and chief executive officer. The company is in the last months of its construction phase and will begin commercial operations in the spring at its 2 million-tpy facility in Port-Daniel-Gascons, part of the Gaspé region in Quebec.
Read MoreCemex Amends Take-Over Bid for Trinidad Cement
Cemex, S.A.B. de C.V. announced that its indirect subsidiary, Sierra Trading, will present a change and variation notice to the Dec. 5 offer and take-over bid for Trinidad Cement Ltd. (TCL). The company is increasing the offer price from TT$4.50 ($0.67) to TT$5.07 ($0.75) per TCL share in its aim to raise its stake in the Caribbean company from 39.5…
Read MoreGreen Cement Market Estimated to Reach $38.1B by 2024
Transparency Market Research (TMR) recently published a new report titled “Green Cement Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.” According to the report, the global green cement market was valued at $14.8 billion in 2015 and is anticipated to reach $38.1 billion by 2024, expanding at a CAGR of 11.3 percent between 2016…
Read MoreMitsubishi Cement Expansion Draws Environmental Concerns
A proposal granting Mitsubishi Cement Corp. permission to build a 128-acre quarry and a 1.8-mile road on public land in the San Bernardino National Forest is being criticized by the Center for Biological Diversity, reported the San Bernardino County Sun.
Read MoreCement Conference Announces 2017 Dates
The 59th annual IEEE-IAS/PCA Cement Industry Technical Conference will be held May 21-25 at the Telus Convention Centre in Calgary, Alberta, Canada.
Read MoreTrinidad Cement Board to Shareholders: Reject Cemex Offer
The Trinidad Cement Ltd. (TCL) board of directors is urging shareholders to reject an offer and takeover bid by Cemex through its indirect subsidiary Sierra Trading, reported The Jamaica Gleaner. The offer is aimed at raising Cemex’s stake in the Caribbean company from 39.5 percent to 74.9 percent for $89 million.
Read MoreMSHA Releases Fatal Accident Report on Slurry Tank Fall
The Mine Safety and Health Administration (MSHA) released a report on the May 10, 2016, fatal accident at Ash Grove Cement Co.’s Midlothian, Texas, operation.
Read More