Country Report: Cement Production in Uruguay Recovers

By Mauro Nogarin After registering six consecutive quarters of year-on-year declines, the Uruguayan Ministry of Economy ratified the official growth projection for the economy of the country: 3.5% in 2021, after registering a year-on-year decline in the first quarter of 2.8%. Among the indicators that confirm a better performance of the economy are tax collection, industrial production and the evolution…

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HeidelbergCement to Sell $660M in U.S. Assets

HeidelbergCement, through subsidiaries Essroc Corp. and Lehigh Hanson Inc., entered into a definitive agreement with Cementos Argos’ subsidiary Argos USA to sell several assets for $660 million. The transaction includes Essroc’s Martinsburg, W.Va., cement plant and seven terminals in Virginia, Maryland and Pennsylvania, plus a Lehigh terminal in upstate New York.

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LafargeHolcim Realigns Executive Committee

LafargeHolcim announced changes to its executive committee reflecting an evolved global portfolio following recent divestments and a transition to the next phase as it closes the integration phase of the Lafarge Group and Holcim Ltd. merger. Representing the Western Hemisphere are region heads Pascal Casanova, North America, and Oliver Osswald, Central and South America.

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