In 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…
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Ultracem Joins World Cement Association
The World Cement Association (WCA) announced it has further expanded its international network of members by welcoming the Colombia-based Ultracem as a corporate member. The association now has a membership made up of 69 members and representatives that cover 38 countries.
Read MoreHeidelbergCement Releases Sustainability Report
HeidelbergCement published its Sustainability Report 2017, which focuses on targets, measures and achievements of the company’s sustainability management. 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 MoreLehigh Hanson Announces Modernization Project for Indiana Plant
Lehigh Hanson, Inc. announced plans for modernization and expansion of its Lehigh Cement Co. plant in Mitchell, Ind. The company will invest more than $600 million in the plant modernization project, which will increase production capacity while also significantly reducing energy usage and emissions per ton of cement produced.
Read MoreCement Shipments Spike in April
Total shipments of portland and blended cement in the United States and Puerto Rico in April 2018 were about 8.2 million metric tons (Mt), 8.9 percent higher than shipments in April 2017, according to the most recent USGS Mineral Industry Survey. Shipments for the year through April totaled about 27.2 Mt, up by 2.6 percent from those for the same period…
Read MoreSt Marys Cement Plant Vandalized
The Ontario Provincial Police (OPP) are investigating two significant acts of vandalism that caused thousands of dollars in damages to the St Marys Cement plant in St. Marys, reported local media.
Read MoreUS Cement Secures Key Permit for 500K-tpy Texas Mill
US Cement, LLC received a draft air permit from the Texas Commission on Environmental Quality for a white-cement plant near the town of Brady – the first American greenfield operation of its kind since the Great Recession. Groundbreaking on the facility, which will have a capacity of 500,000 tons and sits on a limestone deposit of 80 million tons, is…
Read MoreLafargeHolcim Subsidiary Faces Terror Financing Investigation
LafargeHolcim’s subsidiary Lafarge SA has been placed under formal investigation in France over allegations it financed terrorist groups, and aided and abetted crimes against humanity in a bid to continue operating in Syria, reported The New York Times.
Read MoreWCA: Industry Needs to Focus on Innovation to Combat Climate Change
The World Cement Association (WCA) is urging the global cement industry to increase efforts to adopt new technologies faster and put greater focus on innovation in order to make crucial progress on reducing CO2 emissions.
Read MoreLafargeHolcim to Close Paris, Zurich Offices
Consistent with its Strategy 2022, LafargeHolcim announced that it will close its head offices in Paris and Zurich by the end of the year, eliminating 200 jobs as part of a cost-cutting drive. Remaining positions in Switzerland will be moved to the company’s Holderbank site and a new corporate office in Zug. In Paris, remaining positions will be moved to…
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