Cemex subsidiary to put minority stake in Latin American assets on Colombian stock exchange

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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Cemex’s Craddock receives PCA leadership award

The Portland Cement Association recognized Cemex Executive Vice President Frank Craddock as the winner of the 2012 John P. Gleason, Jr., Leadership Award. Presented at association’s recent annual fall committee meeting in Chicago, the award honors employees of member companies who have exhibited industry leadership by taking the PCA in new directions. Awards are presented in two categories of key…

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$446M Lafarge NA asset deal yields Eagle Materials Great Plains platform

Source: Eagle Materials Inc., Dallas; Lafarge Group, Paris; Staff reports Eagle Materials announced recently that the company has entered into a definitive agreement with Lafarge North America to purchase for $446 million Lafarge’s Sugar Creek, Mo., and Tulsa, Okla., cement operations, as well as related assets, which include six distribution terminals, two aggregates quarries, eight ready-mixed plants and a fly…

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Resilient concrete building focus of post-tornado Missouri community event

Source: Portland Cement Association, Skokie, Ill. Joplin Concrete will lead a host of Missouri professionals in sponsoring “Ideas for a Stronger Joplin,” October 20, 2012, from 10 a.m–2 p.m., at the Wildcat Glades Conservation & Audubon Center in Joplin. Walter Wulf, CEO of Joplin parent company Monarch Cement, will be master of ceremonies for the free event framed around the…

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CAC to hold Rediscover Concrete educational events in every province

Source: Cement Association of Canada, Ottawa, Ontario To remind building designers and contractors across Canada of the benefits of using concrete for building and infrastructure projects, CAC is hosting Rediscover Concrete seminars and meetings. “Our seminars will engage decision makers across the country and encourage discussions surrounding the sustainability of cement and concrete for building and infrastructure projects,” stated Michael…

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Construction executives: Romney best bet for broad industry recovery

Source: Engineering News-Record Construction leaders believe the industry’s recession will carry through mid-2013. According to the ENR Construction Industry Confidence Index (CICI) for the third quarter of 2012, construction and design firm executives believe that the market in the near term will continue to be flat, and that Republican presidential nominee Mitt Romney’s election represents the best bet for a…

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