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 MoreThe 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 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 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 MoreThe 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 MoreIn 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 MoreGrupo 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…
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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.
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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.
Read MoreThe Michigan Department of Environmental Quality held a public hearing in regard to a permit request from St. Mary’s Cement that would likely increase industrial and construction activities near Fisherman’s Island State Park, reported the Petoskey News-Review.
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