The Portland Cement Association (PCA) announced the winners of its inaugural Chairman’s Manufacturing Performance Awards, which recognizes associate members’ accomplishments in the advancement of cement manufacturing over the previous year. Associate members are suppliers, engineers and consultants that support cement companies in the production of high-quality cement in the most energy-efficient and environmentally sound way possible.
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HeidelbergCement Releases Sustainability Report
HeidelbergCement published its Sustainability Report 2017, which focuses on targets, measures and achievements of the company’s sustainability management for the business year 2017. The report highlights the successes and aims of corporate sustainability management, as well as the HeidelbergCement’s activities in the arena of environmental protection, employees, workplace safety and social responsibility.
Read MoreBarbados to Enforce 60 Percent Cement Tariff
The Caribbean Court of Justice (CCJ) reinstated extra-regional tariffs on cement imports into Barbados, reported the Daily Nation. In an interim decision on July 17 by CCJ President Justice Adrian Saunders, the regional court ordered Barbados to “restore and enforce” a 60 percent import duty on hydraulic cements imported from outside the Caribbean Community (CARICOM).
Read MoreElementia Plans New $30m Plant in Mexico
Elementia announced the development of a cement grinding facility in Progreso, a port city in the Yucatan Peninsula of Mexico, with a total investment potentially reaching $30 million. A production line will have an installed capacity of more than 250,000 tons per year.
Read MoreLafargeHolcim Accelerates Growth Momentum
LafargeHolcim announced that revenue grew 6.2 percent in the second quarter of 2018. For the first six months, net sales grew 4.8 percent on a like-for-like basis. Over the first six months, Recurring EBITDA was down -1.4 percent on a like-for-like basis but earnings increased in the second quarter, with Recurring EBITDA up by 1.5 percent, largely offsetting a soft…
Read MoreRoyal White, Penna Join WCA
The World Cement Association (WCA) announced that Houston-based Royal White Cement and Penna Cement of India are the latest additions to its international membership, which now spans 38 countries. Both companies join as corporate members.
Read MoreCemex Sets 30-Month Timetable for Asset Sales
In an upbeat second quarter earnings report, Cemex assured investors that asset prioritizing and debt reduction are top of mind. “With the objective of accelerating our path to investment grade and enhancing total shareholder return, we are announcing ‘A Stronger Cemex,’” said Chief Executive Fernando Gonzalez. “During the next 2.5 years, we will work to optimize our portfolio by focusing…
Read MoreGCC Sales, EBITDA Up in Second Quarter
Grupo Cementos de Chihuahua, S.A.B. de C.V. announced its results for the second quarter of 2018. The company delivered growing sales and EBITDA as well as a higher EBITDA margin, with solid operating results in both the United States and Mexico. GCC also completed the acquisition of a cement plant in Montana, increasing its U.S. production capacity 11 percent; sold…
Read MoreMallet Leaves McInnis Cement
The McInnis Cement board of directors announced that Hervé Mallet, president and chief executive officer of McInnis since November 2016, is leaving the company. Chief Financial Officer Jean Moreau will assume the role of president and chief executive officer on an interim basis.
Read MoreCemex Ventures Announces 2018 Construction Startup Winner
Madrid-based Cemex Ventures awarded U.S.-based Geopipe with the Best Pitch prize in its 2018 Construction Startup Competition. The company uses machine learning to create copies of urban reality and generate digital models.
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