Category: News

Source: Portland Cement Association, Skokie, Ill. PCA and the U.S. Department of Labor’s Mine Safety and Health Administration renewed an alliance designed to foster safer and more healthful working conditions in the cement industry. Originally signed in 2008, the agreement allows PCA and MSHA to combine resources and expertise to provide cement industry personnel with information, guidance and access to…

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Source: U.S. Geological Survey, Reston, Va. Total shipments of portland and blended cement in the United States and Puerto Rico were 7.3 million mt in July 2012, according to the USGS. This was about 7.0 percent higher compared with shipments for July 2011. Shipments for the year through July were 44.4 million mt, up about 14 percent for the same…

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Cemex, S.A.B. de C.V. announced recently that it has successfully completed the previously announced refinancing of its financing agreement, dated as of August 14, 2009, as amended. Fernando Gonzalez, executive vice president of Finance and Administration of Cemex, stated “Cemex is pleased to have accomplished this significant milestone, with support from over 55 banks and institutions. We intend to continue…

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Mexico’s Cemex, S.A.B. de C.V., announced that it is planning to expand the cement production capacity of its APO plant in the Philippines by 1.5 million metric tons per year. Through an investment of approximately US$65 million, the company will increase production and strengthen its distribution network to better serve high-demand areas throughout the country. The increase is expected to…

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Mexican construction materials giant Cemex, S.A.B. de C.V., and IBM announced recently a 10-year strategic agreement in which IBM will deliver business process and information technology services. Additionally, IBM will provide to Cemex business consultant services to detect and drive sustainable improvements in profitability, using the entire breadth of IBM’s capabilities, including R&D expertise.

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Construction at Capitol Aggregates’ cement mill outside San Antonio, Texas, is nearing on a facility to capture 83,000 tons of carbon dioxide and offset an additional 220,000 tons of the gas annually once the equipment is operational in 2014. Austin, Texas-based Skyonic Corp.’s electrolytic carbon capture technology, SkyMine, will selectively remove CO2, acid gases and heavy metals emitted from the…

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Switzerland-based Holcim Ltd. announced a management shake-up as new Chief Executive Officer Bernard Fontana said the Swiss cement maker may need to further streamline its business in Europe to stem falling demand. Holcim will introduce a “leaner and more efficient” structure, including a new head of Europe, as of September 1. The cement maker also cut its outlook for the…

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Raleigh, N.C.-based FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of its “Third Quarter Nonresidential Construction Index Report.” Plunging 5 points, the index is back to Q2-2010 levels.

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Officials in Berkeley County recently celebrated the completion of a $10 million railroad spur project that is expected to help Essroc Italcementi Group’s Martinsburg, W.Va., plant ship thousands of tons of product each year via rail instead of area highways. About 100 people attended the official dedication and ribbon cutting for the 1.2-mile rail spur, which connects the plant to…

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Cemex Latam Holdings, S.A., a wholly owned subsidiary of Cemex España, S.A., presented to the Superintendencia Financiera de Colombia an application to list its shares on the Colombian stock exchange and to offer a minority of Cemex Latam’s shares in a public offering to investors in Colombia and, in a concurrent private placement, to eligible investors outside of Colombia. Cemex…

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