Cemex’s Craddock receives PCA leadership award

The Portland Cement Association recognized Cemex Executive Vice President Frank Craddock as the winner of the 2012 John P. Gleason, Jr., Leadership Award. Presented at association’s recent annual fall committee meeting in Chicago, the award honors employees of member companies who have exhibited industry leadership by taking the PCA in new directions. Awards are presented in two categories of key…

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Ash Grove contributes to flood-ravaged Iowa highway reconstruction

After large-scale floods destroyed vital Iowa infrastructure in 2011, Ash Grove Cement Co.’s Louisville, Neb., plant stepped up production to meet the demand of several large-scale reconstruction projects. The company supplied cement for the reconstruction of Interstate 680 and the Keg Creek Bridge replacement on US Highway 6, east of Council Bluffs, Iowa. Both projects won recognition in the America’s…

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Cemex completes latest round of refinancing

Cemex, S.A.B. de C.V. announced recently that it has successfully completed the previously announced refinancing of its financing agreement, dated as of August 14, 2009, as amended. Fernando Gonzalez, executive vice president of Finance and Administration of Cemex, stated “Cemex is pleased to have accomplished this significant milestone, with support from over 55 banks and institutions. We intend to continue…

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Cemex to boost cement production capacity in the Philippines

Mexico’s Cemex, S.A.B. de C.V., announced that it is planning to expand the cement production capacity of its APO plant in the Philippines by 1.5 million metric tons per year. Through an investment of approximately US$65 million, the company will increase production and strengthen its distribution network to better serve high-demand areas throughout the country. The increase is expected to…

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Cemex signs agreement with IBM to provide process outsources, IT services

Mexican construction materials giant Cemex, S.A.B. de C.V., and IBM announced recently a 10-year strategic agreement in which IBM will deliver business process and information technology services. Additionally, IBM will provide to Cemex business consultant services to detect and drive sustainable improvements in profitability, using the entire breadth of IBM’s capabilities, including R&D expertise.

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$446M Lafarge NA asset deal yields Eagle Materials Great Plains platform

Source: Eagle Materials Inc., Dallas; Lafarge Group, Paris; Staff reports Eagle Materials announced recently that the company has entered into a definitive agreement with Lafarge North America to purchase for $446 million Lafarge’s Sugar Creek, Mo., and Tulsa, Okla., cement operations, as well as related assets, which include six distribution terminals, two aggregates quarries, eight ready-mixed plants and a fly…

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Resilient concrete building focus of post-tornado Missouri community event

Source: Portland Cement Association, Skokie, Ill. Joplin Concrete will lead a host of Missouri professionals in sponsoring “Ideas for a Stronger Joplin,” October 20, 2012, from 10 a.m–2 p.m., at the Wildcat Glades Conservation & Audubon Center in Joplin. Walter Wulf, CEO of Joplin parent company Monarch Cement, will be master of ceremonies for the free event framed around the…

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