Cemex Reports Challenging Third Quarter

Cemex announced on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales decreased by 1%, reaching $3.5 billion during the third quarter of 2019 versus the comparable period in 2018. Operating EBITDA decreased by 7% on a like-to-like basis during the third quarter of 2019 to $681 million on a year-over-year basis.

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July Cement Shipments Up 7.7%

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in July 2019 were 10.0 million metric tons (Mt), an increase of 7.7% from shipments in July 2018, according to the latest USGS Mineral Industry Survey. Shipments for the year through July totaled 56.5 Mt, an increase of 2.4% from those for the same period…

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LafargeHolcim Appoints First Chief Sustainability Officer

LafargeHolcim made a major step this week with the creation of its first chief sustainability officer position as part of the executive committee. The company is accelerating its efforts to be the industry leader on decarbonization, circular economy, health and safety, and corporate social responsibility. Magali Anderson, current head of health and safety, will transition to the position effective Oct.…

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