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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First commercial-scale CO2 capture operation set for Capitol Aggregates mill
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…
Read MoreHolcim shakes up management as CEO unveils new leadership
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…
Read MoreNonresidential construction index drops to 2010 levels
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.
Read MoreEssroc celebrates railroad spur improvement with ribbon cutting
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…
Read MoreCemex 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…
Read MoreCemex’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…
Read More$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…
Read MoreResilient 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…
Read MoreCAC 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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