Cemex LatAm Sales Down in Second Quarter

Cemex LatAm Holdings (CLH) announced that its consolidated net sales reached $394 million during the second quarter of 2015, a decrease of 11 percent versus the second quarter of 2014. This decline is mainly explained by currency fluctuations and lower sales in operations in Colombia, noted the company. Operating EBITDA, adjusted for the currency fluctuations, increased by 2 percent during…

Read More

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…

Read More

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…

Read More

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…

Read More
1 215 216 217 218 219 319