Lafarge SA, who plans to merge with Holcim Ltd., sold its Ecuador cement operations to Peru’s Union Andina de Cementos SAA for an enterprise value of $553 million to reduce debt. Lafarge Cementos SA operates an integrated cement plant of 1.4 million tons capacity, located in Otavalo, in the northern part of the country, the Paris-based company said in a…
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PCA: Cement Consumption Continues Steady Climb
Although recent economic indicators point to a tempering of the U.S. economy, the Portland Cement Association is maintaining its forecast for steady growth in construction and cement consumption during the next five years.
Read MoreCemex Appoints New CEO, Chairman
With the sudden passing of Lorenzo Zambrano earlier this week, Cemex, S.A.B. de C.V.’s Board of Directors, by unanimous decision, has appointed Fernando A. Gonzalez as chief executive officer and Rogelio Zambrano as chairman of the board of directors, effective immediately.
Read MoreCemex Chairman, CEO Zambrano Dead at 70
Lorenzo Zambrano, who turned Cemex from a regional cement producer to a global cement giant, died yesterday in Madrid of natural causes, according to the company. Cemex announced that its board of directors will meet “in the coming days to make the necessary decisions” while the operation and administration of the group continues “to proceed normally.” It is unclear who…
Read MoreCement Shipments Continue to Climb
Total shipments of portland and blended cement in the United States and Puerto Rico in February 2014 were 4.7 million metric tons (Mt), up slightly from the level in February 2013, according to the most recent USGS Mineral Industry Survey. Shipments for the year through February were 9.6 Mt, up slightly. The leading portland cement-producing states in February were Texas,…
Read MorePCA President, CEO Gregory Scott Resigns
Cary Cohrs, chairman of the Portland Cement Association Board of Directors, released the following statement on behalf of the association May 2.
Read MoreStellar Materials Acquires Three Refractory Companies
Stellar Materials Inc. has acquired Stellar Canada Inc. and Refractory Resources Ltd., both headquartered in Burlington, Ontario, as well as Cardinal Refractories, Inc., headquartered in Fremont, Ohio.
Read MoreCemex Builds New Plant in Nicaragua
Cemex Latam Holdings, S.A. (CLH) has started construction on a new cement grinding plant in Ciudad Sandino, Managua, which is expected to increase cement production capacity in Nicaragua by 104 percent. Construction will be completed in two phases, reaching an estimated annual cement production capacity of 860,000 tons by 2017.
Read MoreGCC Rio Grande Proposes Use of Tire-Derived Fuel
GCC Rio Grande has a proposal to turn tire waste in New Mexico into fuel for its cement plant, according to the Albuquerque Journal.
Read MorePCA Responds to Ruling on Portland Cement NESHAP
The Portland Cement Association (PCA) released the following statement regarding the D.C. Circuit Court decision on Natural Resources Defense Council v. EPA, relating to the portland cement national emission standards for hazardous air pollutants (NESHAP).
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