After 20 years at the helm of Titan America, Aris Papadopoulos will retire as chief executive officer, effective Aug. 1, and become executive chairman of ST Equipment & Technologies, while also serving as an advisor.
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January Cement Shipments Slightly Up
Total shipments of portland and blended cement in the United States and Puerto Rico in January 2014 were 4.9 million metric tons (Mt), up slightly from the level in January 2013, according to the most recent USGS Mineral Industry Survey. The leading portland cement-producing states in January were Texas, California, Florida, Missouri and Alabama, in descending order. The leading consuming…
Read MoreHolcim, Lafarge Announce ‘Merger of Equals’
Holcim and Lafarge announced their intention to combine the two companies through a merger of equals, unanimously approved by their respective Board of Directors and fully supported by the core shareholders of both companies.
Read MoreTXI Reports Third Quarter Results
Texas Industries Inc. reported financial results for the quarter ended Feb. 28 – a net loss of $21.8 million or $.76 per share. Several non-recurring and timing items impacted net income for the quarter by $12.2 million or $.43 per share. Results for the quarter ended year prior were a net loss of $5.8 million or $.21 per share inclusive…
Read MoreLafarge Breaks Ground on Ravena Modernization Project
Lafarge North America Inc. hosted a groundbreaking event for the multi-million dollar modernization project at its Ravena, N.Y., cement plant on April 11. The new state-of-the-art facility will be equipped with advanced efficiency features that will enable the plant to compete successfully and meet the economy’s need for high quality cement. The plant is currently supplying several high profile projects…
Read MoreCemex Completes Financing of Ventika Wind Farm Project
Cemex S.A.B. de C.V. has successfully completed the financing of Ventika, a project comprising the construction of two 126-MW wind farms in General Bravo, Nuevo Leon, Mexico. These wind farms will supply renewable energy to facilities belonging to FEMSA, DEACERO, Tecnológico de Monterrey and Cemex, under the self-supply scheme approved by the Mexican Energy Regulatory Commission. More off-takers could be…
Read MoreCementos Argos Buys Ciments Guyanais
In order to consolidate and complement its network of operating assets in northern South America and the Caribbean, Cementos Argos has acquired Ciments Guyanais, which is owned equally by Lafarge and Holcim, for $68.9 million (50 million euros). The agreement includes a clinker grinding station – with a capacity of 200,000 tpy – and a port near the French Guiana…
Read MoreCalPortland Receives 10th Consecutive Energy Star Award
The U.S. Environmental Protection Agency (EPA) has recognized Glendora, Calif.-based CalPortland Co.’s long-term commitment to energy efficiency with a 2014 Energy Star Partner of the Year – Sustained Excellence Award.
Read MoreLafarge Canada to Install Carbon Dioxide Emission Project
South Surrey, British Columbia-based Mantra Energy Alternatives has reached an agreement with Lafarge Canada to deploy an electrochemical reduction technology at its No. 9 Road cement plant in Richmond, B.C., as part of a pilot project. The technology will convert carbon dioxide emissions into useful chemicals, such as formic acid and formate salts.
Read MoreCemex to invest $600 million in Wind Energy
Cemex plans to develop a wind power project in General Bravo, Nuevo León, Mexico, with an investment of $600 million, according to Cemex Chairman and CEO Lorenzo Zambrano. The project will consist of two $300 million wind farms, which could be installed within two years.
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