LafargeHolcim announced changes to its executive committee reflecting an evolved global portfolio following recent divestments and a transition to the next phase as it closes the integration phase of the Lafarge Group and Holcim Ltd. merger. Representing the Western Hemisphere are region heads Pascal Casanova, North America, and Oliver Osswald, Central and South America.
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Eagle Materials Earns Record Quarterly Revenue
Eagle Materials Inc. announced financial results for the first quarter of fiscal 2017 ended June 30, 2016. The company reported record revenues of $297.5 million, up 4 percent; earnings before interest and income taxes of $71.2 million, up 18 percent; net earnings of $45.3 million, up 20 percent; and net earnings per diluted share of $0.93, up 24 percent.
Read MoreCement Union Official, Attorney Found Guilty of Whistle-Blower Retaliation
A ruling in a whistle-blower lawsuit brought by the U.S. Labor Department found that the leader of a southern California cement workers union and an attorney for the organization’s trust funds retaliated against two employees who questioned the labor official’s financial practices, reported the Los Angeles Times. The federal court ordered Scott Brain, who heads the Cement Masons Union Local…
Read MoreHeidelbergCement Releases Positive Second Quarter Results
In the second quarter of 2016, HeidelbergCement’s sales volumes increased in all business lines. The positive market environment, particularly in Europe, Australia and the United States, made a significant contribution to this growth, noted the company.
Read MoreEPA: Cemex to Invest $10M, Reduce Air Pollution at Five Plants
The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) announced a settlement with Cemex, under which the company will invest approximately $10 million to cut emissions of harmful air pollution at five of its cement manufacturing plants to resolve alleged violations of the Clean Air Act. The facilities are located in Demopolis, Ala.; Louisville, Ky.; Knoxville,…
Read MoreHeidelbergCement, Italcementi Merger Moves Forward
HeidelbergCement AG and Italcementi S.p.A. reached an agreement on June 17 with the United States Federal Trade Commission (FTC), clearing the last antitrust hurdle in their pursuit to create the world’s second largest cement producer. Under the agreement, there will be a divestment of operations in the U.S., primarily consisting of Italcementi’s Martinsburg, W.Va., cement plant and up to 11…
Read MoreCement Demand Gives Seaway Shipping Solid Start
Demand for raw materials from the U.S. manufacturing and construction sectors has kept St. Lawrence Seaway cargo shipments at a solid pace, despite tough economic conditions for some commodities.
Read MoreCement Association of Canada Joins Carbon Pricing Leadership Coalition
The Cement Association of Canada (CAC) joined the Carbon Pricing Leadership Coalition (CPLC) as a strategic partner. The CPLC is a voluntary initiative that supports and encourages the successful implementation of carbon pricing around the world. It was initiated by the World Bank at the 2014 United Nations Climate Change Summit in New York City and officially launched in 2015…
Read MoreCemex’s El Carmen Conservation Program Hits Milestone
Cemex announced that its El Carmen Conservation Program is celebrating 15 years of continued scientific research, habitat preservation and species restoration. With more than 140,000 hectares, the cross-border private conservation region between Mexico and the United States is one of the most biodiversity rich areas in North America and one of the five great wilderness ecosystems in the world, according…
Read MoreLafarge Canada Moves Forward with Alternative Fuel Plan
Lafarge Canada is commencing the next phase of a project to replace about 10 percent of the coal and coke the company uses with low-carbon alternatives, reported the Kingston Whig-Standard. In conjunction with Queen’s University researchers, the second phase of testing will look at the use of household goods, non-recyclable packaging, textiles, carpet, and disposable cups and lids, including beverage…
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