Category: CementScope

Overland Park, Kan.-based Ash Grove Cement Co. announced that shareholders controlling just over 63 percent of the company’s voting stock have approved an Agreement and Plan of Merger with CRH plc. The $3.5 billion transaction remains subject to regulatory approval and is expected to close in late 2017 or early 2018.

Higher volumes of vehicles on the road over the next 25 years is expected to increase cement consumption in the bridge sector, according to a new report from the Portland Cement Association (PCA). The Bridge Market Assessment estimates the U.S. will need as many as 140,000 new bridges by 2040, nearly 60 percent or 81,200 of which will be made…

In the second quarter of 2017, LafargeHolcim delivered the fifth consecutive quarter of like-for-like Operating EBITDA Adjusted growth. The Middle East Africa, Latin America and North America regions all contributed to earnings momentum with the U.S., Nigeria and Mexico among notable performers. Despite positive results in India – which continued its recovery post-demonetization – the Asia Pacific region was weighed…

Cementos Argos, a subsidiary of Grupo Argos, closed the first half of 2017 with positive results and a good macroeconomic outlook in its most relevant markets. Cement shipment volumes reached 8 million tons, growing 15 percent and ready mix shipments were 5.4 million cubic meters, a decrease of 7 percent.

Italcementi S.p.A., HeidelbergCement`s Italian subsidiary, received notice of a fine decision of the Italian Competition Authority in an antitrust investigation mainly relating to alleged market coordination in the Italian grey cement markets, including concerted price increases. The fine amounts to €84 million ($99.2 million).

FLSmidth has been awarded an order from Cielo Azul Cementos y Calizas S.A. for engineering, procurement and supply of a complete cement production line with the latest environmental pollution control systems and technology. The facility will be located near the city of Treinta y Tres, approximately 300 km from Montevideo, and marks the established ready mix concrete player’s entry into…

Total shipments of portland and blended cement in the United States and Puerto Rico in March 2017 were about 7.5 million metric tons (Mt), slightly less than sales in March 2016, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in March 2017 were Texas, California, Missouri, Florida and Alabama, in descending…

McInnis Cement announced the production of the first cement at its Port-Daniel–Gascons plant on June 16, meeting the company’s established deadlines for the project.