Cemex announced that it sold a 9.47 percent direct interest in Mexico-based Grupo Cementos de Chihuahua (GCC) for approximately $168 million, which will be used mainly for debt reduction and general corporate purposes. The company continues to have a 20 percent indirect interest in GCC through CAMCEM, an entity that owns a majority interest in GCC and in which Cemex…
Read MoreCemex Honored for Energy Efficiency, Land Stewardship
Cemex received the Southern California Edison (SCE) 2017 Energy Efficiency Award for its commitment to conserving energy and land stewardship at its Victorville cement plant, which has served the California High Desert community for more than 100 years. Company representatives were presented with the award during the 7th Annual Hispanic Heritage Month Celebration.
Read MoreCRH to Acquire Ash Grove Cement
Overland Park, Kan.-based Ash Grove Cement Co. announced that shareholders controlling just over 63 percent of the company’s voting stock have approved an Agreement and Plan of Merger with CRH plc. The $3.5 billion transaction remains subject to regulatory approval and is expected to close in late 2017 or early 2018.
Read MoreGCP Applied Technologies Rolls Out New Additives
GCP Applied Technologies Inc. launched two new cement additives, OPTEVA HE quality improvers and TAVERO VM grinding aids, to deliver higher-performing, lower cost cement production. According to the company, these products meet the demands of modern cement plants for solutions that yield more sustainable cement production, with enhanced quality and improved cost efficiency.
Read MoreCemex Opens Denver Distribution Terminal
Cemex USA recently launched operations at a new rail-served cement distribution terminal in Commerce City, Colo., that is designed to bring quality building materials to the Denver Metro area. The new terminal strengthens the company’s cement-distribution capabilities across Colorado, meeting the demands of the growing construction economy.
Read MoreHeidelbergCement Reports Positive Q3 Results
HeidelbergCement’s revenue rose 4 percent on a comparable basis in the third quarter of 2017. The result from current operations before depreciation and amortization improved by 5 percent. After depreciation and amortization, the result from current operations grew by 7 percent. Besides the growth in sales volumes and price increases in important core markets, the realization of synergies in particular…
Read MoreSCA Opens Call for Project of the Year Nominations
Nominations are now being accepted for the 2017 Slag Cement Project of the Year Awards. Projects completed or scheduled to be completed between Jan. 1, 2016, and Dec. 31, 2017, are encouraged to apply before the Nov. 30 deadline. Winning projects will be honored at the American Concrete Institute’s Convention on March 25-29 in Salt Lake City.
Read MoreVissai Cement Group Joins World Cement Association
The World Cement Association (WCA) announced that Vietnam’s largest cement exporter Vissai Cement has joined its fast-growing, international membership. The association now boasts a network of members and representatives that cover 26 countries.
Read MoreCement Shipments Increase in August
Total shipments of portland and blended cement in the United States and Puerto Rico in August 2017 were about 9.7 million metric tons (Mt), up by 3.1 percent from shipments in August 2016, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in August 2017 were Missouri, Texas, California, Florida and…
Read MorePCA Names New President, CEO
The Portland Cement Association (PCA) board of directors appointed Michael Ireland as president and CEO effective immediately. Ireland succeeds former President and CEO James Toscas.
Read More