Holcim and Lafarge are taking another step toward completion of their merger with the announcement of its future Executive Committee.
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Toscas Selected as PCA President, CEO
At its annual meeting on Nov. 18, 2014, the Board of Directors of the Portland Cement Association (PCA) named James G. Toscas president and chief executive officer, effective Dec. 15, 2014. For the past 11 years, Toscas served as president and CEO of the Precast/Prestressed Concrete Institute, and from 1998 to 2002, he was executive vice president and CEO at the American…
Read MoreAsh Grove Cement Appoints New CFO
Overland Park, Kan.-based Ash Grove Cement Co. announced David G. Meyer as its new vice president and chief financial officer. In his new role, Meyer will direct accounting, treasury, internal audit, tax and information technology functions. “Dave brings 17 years of corporate finance leadership in strategic planning and capital markets as well as financial planning and reporting within a large corporate setting.…
Read MoreCRH to Expand Holcim’s Canadian Operations
Albert Manifold, chief executive of CRH Plc said the recently acquired Holcim Canadian operations will likely expand in order to feed demand from CHR’s extensive downstream businesses in the United States, reported The Globe and Mail.
Read MoreEagle Materials Reports Record Third Quarter
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2015 which ended Dec. 31, 2014. Notable items for the quarter in relation to the prior-year’s third quarter include: record quarterly revenues of $292 million, up 27 percent; and record third quarter cement earnings of $37.6 million, up 44 percent.
Read MoreCRH Buys Holcim, Lafarge Assets
Holcim Ltd. and Lafarge SA moved a step closer to completing their $40 billion merger when Irish building-materials company CRH Plc agreed to pay 6.5 billion euros ($7.36 billion) for surplus assets.
Read MoreSt Marys Plant Expansion Gets Board Approval
In a 5-1 vote, the Charlevoix County Board of Commissioners has approved the plans for a $130 million upgrade to the St. Marys Cement facility in Charlevoix, Mich., reported the Petoskey News-Review.
Read MoreCement, Fly Ash Producers Donate 100-Plus Truckloads to CIM Auction
Cemex USA, Holcim (US) Inc., Lafarge North America, Lehigh Hanson Inc. and Titan America have each donated 10 truckloads of portland cement to the 10th annual CIM Auction, February 4 at the Las Vegas Convention Center – in conjunction with the 2015 World of Concrete.
Read MoreResilient Construction Should Be Key for Infrastructure Bill
A strong national infrastructure plan was one of the key initiatives put forward in President Barack Obama’s State of the Union address last week.
Read MoreCementos Yura to Invest $230m in Ecuador
Ecuador Industry Minister Ramiro Gonzalez announced that Cementos Yura, owned by Peruvian conglomerate Gloria Group, will invest $230 million for the construction of a new clinker production line at Union Cementera Nacional’s Riobamba plant, reported Ecuadorian newspaper, El Telégrafo.
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