Senate Passes DRIVE Act

By a bipartisan vote of 65 to 34, the U.S. Senate passed a six-year surface transportation authorization. Passage of the “Developing a Reliable and Innovative Vision for the Economy Act” or the DRIVE Act represents a major step toward completion of a robust highway bill this fall. Co-sponsored by Senators James Inhofe (R-Okla.), Barbara Boxer (D-Calif.), David Vitter (R-La.), and…

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Holcim’s Half-Year Results Released

In the first half of 2015, Holcim generated higher cash flow from operating activities and increased net income supported by the gain from the divestment of the group’s minority shareholding in Siam City Cement (Thailand) in March. However, Holcim was faced with an overall challenging development as lower than anticipated demand in some markets caused volume declines in cement and impacted…

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Cement Association Questions Allowance of Taller Wood Buildings

The Cement Association of Canada (CAC) calls the decision of the Quebec government to bypass the usual rigourous building code development process questionable, as it allows the construction of taller wood buildings on the basis of a guide developed by the Régie du bâtiment du Québec and FPInnovations, a private research center dedicated to supporting the Canadian forest industry. The…

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Cement Shipments Continue to Rise

Total shipments of portland and blended cement in the United States and Puerto Rico in June 2015 were about 8.9 million metric tons (Mt), up by 7.6 percent from the level in June 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through June totaled 40.8 Mt, up by 3.6 percent from the same period…

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