Cemex USA recently launched operations at a new rail-served cement distribution terminal in Commerce City, Colo., that is designed to bring quality building materials to the Denver Metro area. The new terminal strengthens the company’s cement-distribution capabilities across Colorado, meeting the demands of the growing construction economy.
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LafargeHolcim announced the appointment of Géraldine Picaud as chief financial officer and member of the executive committee, effective Feb. 1, 2018. Current CFO Ron Wirahadiraksa, who joined LafargeHolcim from Philips in December 2015, has “decided to pursue opportunities outside the group,” according to the company.He will however remain in his role to provide a smooth handover to Picaud in due…
Read MoreMore than 60 Canadian cement and concrete industry delegates gathered at Parliament Hill in Ottawa last month to meet with ministers, members of Parliament, senators and senior civil servants to convey the importance of the industry.
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HeidelbergCement announced the launch of Sustainability Commitments 2030, the six-point successor to its current Sustainability Ambitions 2020 program. Sustainability Commitments will center on reducing carbon dioxide emissions 30 percent from 1990 levels; steering 80 percent of the research & development budget to sustainable products; increasing natural resource substitution with by-products or recycled materials; and eliminating lost-time accidents.
Read MoreCemex announced that it sold a 9.47 percent direct interest in Mexico-based Grupo Cementos de Chihuahua (GCC) for approximately $168 million, which will be used mainly for debt reduction and general corporate purposes. The company continues to have a 20 percent indirect interest in GCC through CAMCEM, an entity that owns a majority interest in GCC and in which Cemex…
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Cemex received the Southern California Edison (SCE) 2017 Energy Efficiency Award for its commitment to conserving energy and land stewardship at its Victorville cement plant, which has served the California High Desert community for more than 100 years. Company representatives were presented with the award during the 7th Annual Hispanic Heritage Month Celebration.
Read MoreOverland 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.
Read MoreHigher 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…
Read MoreIn 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…
Read MoreCementos 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.
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