HeidelbergCement completed the sale of its North American (excluding Western Canada) and United Kingdom building products business, collectively Hanson Building Products, to an affiliate of Lone Star Funds. “I am very glad to be able to hand over Hanson Building Products to a buyer, which as an experienced financial investor, will support the sustainable development of the business going forward,” said Dr.…
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Holcim, Lafarge Renegotiate Merger
Two European cement giants – Holcim and Lafarge – mended their merger plans after it faltered when Holcim’s board of directors “concluded that the combination agreement can no longer be pursued in its present form.” The move was made under pressure from the company’s shareholders as Lafarge’s earnings outlook dimmed.
Read MoreHeidelbergCement Adds Deputy Chairman
The Supervisory Board of HeidelbergCement AG amended the structure of its Managing Board with the addition of a deputy chairman position. Dr. Dominik von Achten, Managing Board member in charge of the North America group, group purchasing and the competence center materials, assumed the role on Feb. 1. It was also announced that Dr. Bernd Scheifele will continue as chairman…
Read MoreCemex Reports 6 Percent Sales Increase for 2014
Cemex S.A.B. de C.V. announced that consolidated net sales (on a like-to-like basis for ongoing operations and adjusting for currency fluctuations) increased by 5 percent during the fourth quarter of 2014 to approximately $3.8 billion and increased 6 percent for the full year to $15.7 billion versus the comparable periods in 2013. Operating EBITDA on a like-to-like basis increased by…
Read MoreCamfil Appoints New Sales Management Roles
Camfil Air Pollution Control (APC), a leading global manufacturer of dust, fume and mist collection equipment, has promoted four members of its sales management team to new positions.
Read MoreANH Refractories Announces Rebranding
Pittsburgh-based ANH Refractories Co. has rebranded itself under the new name of Harbison Walker International (HWI), effective immediately. The decision was made following an exhaustive market research and branding initiative in which one of the company’s legacy brands, Harbison-Walker, returned the highest awareness and customer perception. The former ANH Family of Cos. included A.P. Green Refractories Co., North American Refractories…
Read MoreArgos’ Sustainability Efforts Honored
For the second consecutive year, Argos was awarded the Silver Class distinction in RobecoSAM’s Sustainability Yearbook for its commitment to economic, environmental and social sustainability. RobecoSAM, a private entity that independently qualifies the companies that are a part of the Dow Jones Sustainability Index, has been listing the most sustainable companies of every industry worldwide in its Sustainability Yearbook since 2004. Every year,…
Read MorePlibrico Expands Refractory Materials Sales in South America
Plibrico Co., LLC announced the addition of Cermin Cerámicos y Minerales S.A.S. as the preferred exclusive agent for Plibrico material sales in Ecuador and Colombia. Cermin will operate from their headquarters in Medellin, Columbia.
Read MorePCA Economist: Housing Starts Up 20 Percent in 2015
Residential housing starts will be on the increase in 2015, according to the Portland Cement Association (PCA).
Read MorePCA Forecast Sees Continued Growth for U.S. Cement Industry
Despite a late start to the construction season and weaker than expected housing start numbers, a recently released report from the Portland Cement Association (PCA) shows that cement consumption in the United States will meet 2014 forecast expectations.
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