HeidelbergCement AG and Italcementi S.p.A. reached an agreement on June 17 with the United States Federal Trade Commission (FTC), clearing the last antitrust hurdle in their pursuit to create the world’s second largest cement producer. Under the agreement, there will be a divestment of operations in the U.S., primarily consisting of Italcementi’s Martinsburg, W.Va., cement plant and up to 11…
Read MoreDay: July 22, 2016
Cement Demand Gives Seaway Shipping Solid Start
Demand for raw materials from the U.S. manufacturing and construction sectors has kept St. Lawrence Seaway cargo shipments at a solid pace, despite tough economic conditions for some commodities.
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