Last week Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) announced a plan calling for an increase in federal gasoline and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nation-wide road construction work stoppage. According to initial reports, the taxes will generate $164 billion increase in HTF revenues. An analysis by the Portland Cement…
Read MoreCategory: Latest
Brazil Fines Cement Companies in Cartel Case
Brazil’s antitrust regulator, the Administrative Council for Economic Defense (Cade), ruled an order including fines against six Brazilian cement producers for a total of $1.4 billion (BRL 3.1 million) as part of a cartel case.
Read MoreCarolinas Cement Seeks Permit for Packaging Facility
Carolinas Cement Co. has submitted for a building permit that could result in the creation of a $5 million packaging facility on Roanoke Cement Co.’s site in Castle Hayne, N.C., according to a news release from the company. The permit would allow Carolinas Cement to upfit and equip a large warehouse on its property so that it can package cement into…
Read MoreHolcim to Invest in Plant Upgrade
Holcim (US) Inc. has plans to invest $100 million in a modernization of its Ada, Okla., cement plant, according to The Ada News. The company submitted an application for a permit to the Oklahoma Department of Environmental Quality at the beginning of the month and expects to begin upgrading its sites in Ada between October and December 2014. “We can’t start…
Read MorePond Biofuels Reduces CO2 Emissions Through Algae
Pond Biofuels’ pilot plant located next to St Marys Cement Co.’s plant in St. Marys, Ontario, is taking raw smokestack gas from the cement plant and growing algae, according to Beacon News. The company just installed their own third-generation 25,000 liter bioreactor. “We consider ourselves a carbon recycling technology. Something that allows us to reuse a byproduct from industry,” said Steve…
Read MoreParaguay to Reactivate Plants With State Loan
The Paraguayan government is set to approve a $67 million loan to Industria Nacional del Cemento (INC) to reactivate the company’s investments in its Vallemí and Villeta plants, which were on hold due to lack of funds. The funding will allow INC to continue its $25.7 million contract with FLSmidth for fuel conversion at the Vallemí plant as well as…
Read MoreLawsuit Names Holcim in Cuban Land Deal
A lawsuit in Spain has turned up documents indicating that Holcim may have invested in a Cuban cement plant despite warnings the deal might violate U.S. law because it sits on land seized from U.S. citizens, reports the Miami Herald. The deal took place in 2000 – when Holcim operated under the name Holderbank – but ownership was put under a…
Read MoreSt Marys Cement Receives International Recognition
St Marys Cement’s Bowmanville plant will receive an international award for excellence in energy conservation on May 29. The Certification in Energy Excellence (CEE) from 360 Energy Inc., a Burlington, Ontario-based energy services firm, is awarded to industry and commercial leaders in energy management who are taking a proactive approach to lowering energy usage. St Marys has reduced its annual…
Read MoreCemex Announces Senior Level Management Changes
Cemex, S.A.B. de C.V. announced corporate staff functions will now be organized in six executive vice-presidencies, reporting to the CEO, and led by the following executives. Jose Antonio Gonzalez has been appointed executive vice president of finance (CFO) and will oversee finance, controllership, taxes and processes assessment. Maher Al-Haffar has been appointed executive vice president of investor relations, communications and…
Read MoreMarch Cement Shipments Up 6 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in March 2014 were 6.1 million metric tons (Mt), up by nearly 6 percent from the level in March 2013, according to the most recent USGS Mineral Industry Survey. Shipments for the year through March were 15.7 Mt, up by about 3 percent from the same…
Read More