Trinidad Cement Ltd. (TCL) recorded group earnings before interest, taxes, depreciation and loss on disposal of property, plant and equipment and restructuring costs of $313 million compared to $464 million in 2016, according to the Trinidad Guardian.
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GCCA Elects Board Members
The 10 founding members of the Global Cement and Concrete Association (GCCA) met late last month to formally launch the association. At an event in London, members appointed Albert Manifold, chief executive of CRH plc, as president and Fernando A. González, chief executive of Cemex, and Jianglin Cao, chief executive of CNBM, as vice-presidents. The association will focus on global…
Read MoreCemex Executives Ignite Awareness of Youth Soccer Program
Members from Cemex USA’s management team, along with other global executives, were in Atlanta for a session of IGNITE 2018: Spark Innovation, an initiative to develop leaders who embrace new ways of thinking, learning and working, while helping them achieve greater success as industry evolves with digital technologies.
Read MoreArgos’ Consolidated EBITDA Up 31 Percent
In the first three months of 2018, Cementos Argos, Grupo Argos’ cement company, reported consolidated EBITDA increased 31 percent with respect to the same quarter as the prior year and stood at COP371 billion ($127.9 million). Revenues totaled COP1.9 trillion ($655.5 million) and net income totaled COP54.8 billion ($18.9 million).
Read MoreAdverse Weather Hinders HeidelbergCement’s First Quarter Results
HeidelbergCement said its result from current operations before depreciation and amortization decreased by 34 percent to €252 million for the first quarter of 2018. The company noted that the long winter in North America and Europe impaired sales volumes and revenue as well as the result from current operations.
Read MoreLafargeHolcim Appoints New CEO of U.S. Cement
LafargeHolcim announced the appointment of Jamie M. Gentoso as chief executive officer of U.S. Cement operations. Gentoso, a professional engineer, brings significant experience in the construction materials industry to help lead the organization through the next phase of growth. She succeeds John Stull, who was recently appointed CEO of Holcim Philippines.
Read MoreHeidelbergCement Signs “WASH Pledge”
HeidelbergCement signed the World Business Council for Sustainable Development’s (WBCSD) “Pledge for Access to Safe Water, Sanitation and Hygiene at the Workplace” or WASH Pledge.
Read MoreLehigh Cement Plant Presented Century Business Award
Indiana Gov. Eric J. Holcomb recently awarded the Lehigh Cement Co. plant in Mitchell, Ind., the Governor’s Century Business Award, which honors Indiana businesses that have remained in operation for at least 100 years and have demonstrated a commitment to community service.
Read MoreVallejo Cement Plant Opponents Protest with Billboards
Opponents of a proposed cement facility in Vallejo, Calif., are sending a clear message to four city council members with two new billboards that read, “No Cement Plant … We will vote you out!” According to local media, the billboards will run for a month and are located near the ferry terminal on Tennessee Street and on Couch Street.
Read MoreCemex Nabs Five PCA Awards
Cemex earned five Portland Cement Association Awards, including the 2018 Energy and Environment Award for Land Stewardship, at the association’s Cement and Concrete Fly-In event, held in Washington, D.C., last month.
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