HeidelbergCement’s revenue rose 4 percent on a comparable basis in the third quarter of 2017. The result from current operations before depreciation and amortization improved by 5 percent. After depreciation and amortization, the result from current operations grew by 7 percent. Besides the growth in sales volumes and price increases in important core markets, the realization of synergies in particular…
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SCA Opens Call for Project of the Year Nominations
Nominations are now being accepted for the 2017 Slag Cement Project of the Year Awards. Projects completed or scheduled to be completed between Jan. 1, 2016, and Dec. 31, 2017, are encouraged to apply before the Nov. 30 deadline. Winning projects will be honored at the American Concrete Institute’s Convention on March 25-29 in Salt Lake City.
Read MoreVissai Cement Group Joins World Cement Association
The World Cement Association (WCA) announced that Vietnam’s largest cement exporter Vissai Cement has joined its fast-growing, international membership. The association now boasts a network of members and representatives that cover 26 countries.
Read MoreCement 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…
Read MorePCA Names New President, CEO
The Portland Cement Association (PCA) board of directors appointed Michael Ireland as president and CEO effective immediately. Ireland succeeds former President and CEO James Toscas.
Read MoreCement Companies Face Cartel Allegations in Colombia
Holcim Colombia, Cementos Argos and Cemex Colombia are facing allegations of cartelization in Colombia’s cement market, reported local media outlets. If the evidence against the companies is found conclusive, they could be subject to fines of up to COP70 billion ($23.9 million) per infraction.
Read MoreCanadian Industry Leaders Converge on Parliament Hill
More than 60 Canadian cement and concrete industry delegates gathered at Parliament Hill in Ottawa last week to meet with ministers, members of Parliament, senators and senior civil servants to convey the importance of the industry.
Read MoreCRH 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.
Read MoreCemex Honored for Energy Efficiency, Land Stewardship
Cemex received the Southern California Edison (SCE) 2017 Energy Efficiency Award for its commitment to conserving energy and land stewardship at its Victorville cement plant, which has served the California High Desert community for more than 100 years. Company representatives were presented with the award during the 7th Annual Hispanic Heritage Month Celebration.
Read MoreCRH Reportedly Has Eyes Set on Suwannee
CRH plc is reportedly nearing an agreement to acquire Branford, Fla.-based Suwannee American Cement from Votorantim Cimentos and Anderson Columbia Co. to further drive growth in North America, according to Bloomberg.com. Bloomberg’s sources said the deal may value Suwannee at $750 million.
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