Flexicon Corp. has expanded manufacturing space at its headquarters in Bethlehem, Pa., by 50,000 sq. ft. to meet increased demand for its bulk handling equipment and systems, said David Boger, executive vice president of Flexicon. The new space is slated primarily for warehousing of sub-assemblies, crating, and staging of assembled equipment. This includes stocking of Quick-Ship models of flexible screw…
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Colombian cement company Cementos Argos is once again highlighted in the FTSE4 Good Sustainability Index for its solid environmental, social and governance (ESG) practices. This year Argos is the only Colombian company to achieve an outstanding listing in the construction materials category. “We are very excited about being included in the FTSE4Good, because it recognizes the importance of sustainability management…
Read MoreThe Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan presented the association’s annual summer cement market outlook, predicting an increase in cement consumption over the next four years. Cement consumption through June 2021 increased 7.4%, said Sullivan during a webinar presentation of the outlook. However, he noted that as residential construction strength has…
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CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, is the newest investor of Carbon Clean. The carbon capture tech company recently raised $8 million from CEMEX Ventures and its existing investors, bringing total capital raised in the last year to $30 million.
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As part of its growth strategy, CEMEX will increase capacity in Guatemala with the construction of a $25 million grinding mill at its cement plant.
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The World Cement Association (WCA) said global energy technology company Baker Hughes is the latest addition to its international community, joining as an associate corporate member.
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Holcim has reached a deal with Brazilian steelmaker CSN (Companhia Siderúrgica Nacional) for the divestment of its business in Brazil for an enterprise value of $1.025 billion. The sale includes five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities.
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CEMEX will work together with Volvo Construction Equipment and Volvo Trucks to develop a zero-emissions fleet with electromobility solutions that aligns with CEMEX’s climate action program, Future in Action.
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Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in June 2021 were an estimated 10.1 million metric tons (Mt), essentially unchanged from shipments in June 2020, according to the latest USGS Mineral Industry Survey. Shipments for the year through June totaled an estimated 50.4 Mt, a 5.1% increase from those for the same…
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Holcim aims to become nature-positive by restoring and preserving biodiversity and water while bringing more nature into cities. Its strategy includes reducing water intensity to 211 liters per ton of cement by 2030 – a 30% reduction from the 2018 baseline.
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