Cement Shipments Increase in August

Total shipments of portland and blended cement in the United States and Puerto Rico in August 2017 were about 9.7 million metric tons (Mt), up by 3.1 percent from shipments in August 2016, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in August 2017 were Missouri, Texas, California, Florida and…

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CRH to Acquire Ash Grove Cement

Overland Park, Kan.-based Ash Grove Cement Co. announced that shareholders controlling just over 63 percent of the company’s voting stock have approved an Agreement and Plan of Merger with CRH plc. The $3.5 billion transaction remains subject to regulatory approval and is expected to close in late 2017 or early 2018.

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Cemex Sells Remaining GCC Shares

Cemex announced that it sold a 9.47 percent direct interest in Grupo Cementos de Chihuahua (GCC) for approximately $168 million, which will be used mainly for debt reduction and general corporate purposes. The company continues to have a 20 percent indirect interest in GCC through CAMCEM, an entity that owns a majority interest in GCC and in which CEMEX has…

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