Brazil’s largest cement producer, Votorantim Cimentos S.A., filed a $5.4 billion maximum proposed initial public offering with the U.S. Securities and Exchange Commission (SEC) on April 17. The company plans to dual list on the NYSE and São Paulo Stock Exchange to raise funds to finance expansion, portfolio diversification and reduce debt. A request was filed with the Brazilian Securities…
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Cement Shipments Increase in January
According to the most recent USGS Mineral Survey report, total shipments of portland and blended cement in the United States and Puerto Rico for January 2013 were about 4.8 million metric tons (Mt). This was 5 percent more than shipments in January 2012.
Read MoreLafarge Plant Celebrates Earth Day with Bat Shelter
To celebrate Earth Day, Lafarge North America’s Paulding cement plant in Paulding, Ohio, mounted a bat shelter in one of the plant’s several wildlife habitat areas.
Read MoreCemex Collaborates with EEC on Study
Cemex S.A.B. de C.V. announced a collaboration agreement with the Earth Engineering Center (EEC) at Columbia University and City College of New York in which EEC will conduct a year-long study of the life cycle effects of using alternative fuels in cement manufacturing. This study will result in a better understanding of the role that alternative fuels play in society…
Read MoreVotorantim Cimentos Moves Closer to IPO
Despite an earlier statement that a share offer was not part of the company’s plan and a poorly performing market, Votorantim Cimentos, Brazil’s largest cement producer, filed a request with the Brazilian Securities Commission (CVM) to list its shares in the local stock exchange on April 9.
Read MoreTXI Reports Third Quarter Results
Texas Industries, Inc. reported results for the quarter ended Feb. 28, 2013, were a net loss of $5.8 million, compared to a net loss of $24.3 million for the prior year period.
Read MoreGebr. Pfeiffer Announces New Sales Director
Gebr. Pfeiffer, Inc., the U.S.-based subsidiary of Germany’s vertical roller mill manufacturer Gebr. Pfeiffer SE, announced the recent appointment of Adriano Greco as sales director of the South American market.
Read MoreCarbonCure Joins CTA Program
CarbonCure was been selected to join the Canadian Technology Accelerator (CTA) in New York City, a program launched by Foreign Affairs and International Trade Canada (DFAIT). The program is a joint partnership between the Canadian Trade Commissioner Service in New York City and San Francisco, with the support of the Business Development Bank of Canada and Sustainable Development Technology Canada.
Read MoreCemex Commissions 6.2 MW of Distributed Wind Turbines
Cemex USA announced the commissioning of four General Electric wind turbines with a combined generating capacity of 6.2 MW at its cement plant located in Victorville in San Bernardino County, Calif. The commissioning is Cemex’s second wind turbine project in the U.S. and will result in a total generating capacity of 7.2 MW statewide. In 2012, Cemex commissioned its first…
Read MoreHolcim Ecuador Reaches Volunteering Milestone
Holcim Ecuador reports that its entire staff took part in its volunteer program, which focused on sustainable development and included initiatives such as reforestation, community cleanup and entrepreneur programs, as well as training on environment and safety planning.
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