After closing its Dixon, Ill., plant in December 2008 amid economic downturn, St. Marys Cement will reopen the facility this spring, according to local media outlets.
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Argos: Net Profits Up 59 Percent for 2014
Argos announced that, based on solid results in the majority of the 12 countries in which it operates, the company closed 2014 with record figures. Argos sold 12.5 million metric tons of cement – about 8 percent more than in 2013, and in the concrete business, there was an increase of 18 percent in its sales, totaling 11 million cubic…
Read MoreCemex Recognized as Leader for Climate Change Transparency
For the third consecutive year, Cemex has been recognized in the CDP Latin America Climate Disclosure Leadership Index (CDLI) as one of the top eight companies in data disclosure related to environmental and CO2 emissions performance.
Read MoreHolcim México Announces New CEO
Rodolfo Montero was appointed the new CEO of Holcim México, effective March 1, succeeding Eduardo Kretschmer, who is retiring after 34 years with Holcim.
Read MoreMcInnis Cement Submits Project to Additional Conditions
McInnis Cement welcomed the Quebec government’s decision to draft legislation confirming that its Port-Daniel–Gascons’ project is not subject to the environmental assessment process. The company is confident that Bill 37 will dispel the uncertainty surrounding the project and will help in maintaining jobs. The proposed plant will create approximately 2,300 jobs per year during construction, including 700 on site. In…
Read MoreCemex Affiliate Signs Agreement with Trinidad Cement
Trinidad Cement Limited (TCL), who was recently approved to remove a 20 percent restriction on shareholding, has signed a subscription agreement with Sierra Trading, an affiliate of Cemex, reported the Trinidad Guardian. Under the agreement, Sierra will participate in TCL’s upcoming rights issue and has committed to additional capital via an agreement to underwrite the raising of capital up to…
Read MoreLafarge: Cement Volumes Up 4 Percent For 2014
Lafarge’s consolidated sales were up 3 percent for the full year 2014 on a comparable basis, with the combination of higher volumes and increased prices across all of its product lines to address cost inflation. The negative trend of the impact of exchange rates in the first three quarters of 2014 reversed in Q4 as sales were positively impacted by…
Read MoreMcInnis Cement, CQDE Create Environmental Subcommittee
McInnis Cement announced an agreement was reached with Centre Québécois du Droit de l’Environnement (CQDE) in regards to the proceedings filed last August against the Environment Minister, aimed at invalidating McInnis Cement’s authorization certificate for the cement plant project in Port-Daniel-Gascons, Quebec. The CQDE has withdrawn from this legal action, instead agreeing to alternative measures with McInnis Cement, which includes…
Read MoreCAC Applauds Ontario’s Leadership on Climate Change
The Cement Association of Canada (CAC) commended the Ontario government for its comprehensive and thoughtful discussion paper, “Ontario’s Climate Change 2015,” released by the Ministry of the Environment and Climate Change.
Read MoreAsh Grove Cement Appoints New CFO
Overland Park, Kan.-based Ash Grove Cement Co. announced David G. Meyer as its new vice president and chief financial officer. In his new role, Meyer will direct accounting, treasury, internal audit, tax and information technology functions. “Dave brings 17 years of corporate finance leadership in strategic planning and capital markets as well as financial planning and reporting within a large corporate setting.…
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