A cement plant worker died after an industrial accident at Cemex’s Brooksville facility on July 23, according to deputies in Hernando County, Fla.
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Financing Set for McInnis Cement Plant
McInnis Cement announced that the financial structure of its new generation cement plant under construction in Port-Daniel-Gascons, Quebec, has been completed. National Bank of Canada has confirmed the availability of a $360 million loan for the project. The announcement caps financing for the operation, led by a $500 million commitment from private and public investors, and $250 million commercial loan from…
Read MoreOhio Senator Seeks Protection for Cement Industry
U.S. Senator Sherrod Brown (D-Ohio) is urging the Obama administration to protect Paulding County’s cement industry and the thousands of local jobs it supports, reports The Van Wert Independent.
Read MorePCA Expands Codes Department, Appoints Manager
William “Jay” Hall has returned to the Portland Cement Association (PCA) as manager of codes and standards. He was previously a code specialist of regional code services at the association in 2007. Hall will represent the cement-based products industry in the codes and standards development process for organizations like the International Code Council (ICC) and the National Fire Protection Association…
Read MoreHolcim Commences $95M Modernization Project
Holcim (US) Inc. held a ground-breaking ceremony at its Hagerstown, Md., plant on July 21, officially kicking off a two-year, $95 million modernization project that will reduce the plant’s environmental footprint, reported the Herald-Mail. The project includes shortening the plant’s existing rotating kiln, replacing the current cooler with an energy-efficient one, and installing a heat transfer tower over the top…
Read MoreDemand Boosts Dominican Cement Market
Dominican Republic’s Cement Producers Association (ADOCEM) anticipates a 15 percent market growth by year-end while urging initiatives to promote the mortgage market, which in its view will spur the sector’s further development, reports Dominican Today. The country is currently witnessing a rise in local cement demand that is 25 percent higher than the same period a year ago.
Read MoreCemex: First Quarterly Profit Since 2009
Cemex, S.A.B. de C.V. announced today that controlling interest net income was $76 million during the second quarter of 2014, the first reported quarterly profit since 2009. Consolidated net sales reached $4.2 billion during the quarter, an increase of 4 percent compared to the same period in 2013. This was due to higher prices of products in local currency terms…
Read MoreOttawa Competition Bureau to Review Lafarge, Holcim Merger
Ottawa’s Competition Bureau said July 7 that it will look into the $40-billion merger between Lafarge SA and Holcim Ltd., both of which have extensive operations in Canada, reports the Montreal Gazette. The newspaper quotes Competition Bureau spokeswoman Mélanie Beauchesne as stating in an email that “… the Bureau is currently reviewing Holcim’s proposed acquisition of Lafarge … (to) determine…
Read MoreApril Cement Shipments Jump to 11 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in April 2014 were 7.4 million metric tons (Mt), up by about 11 percent from the level in April 2013, according to the recent USGS Mineral Industry Surveys. Shipments for the year through April were 23.1 Mt, up by about 6 percent from the same period…
Read MoreSKF, Argos Reach Three-Year Deal
SKF announced that Argos, one of the largest cement producers in Latin America, has chosen SKF to provide a broad range of engineering products and services for its operations in Colombia over the next three years.
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