HeidelbergCement Renews Sustainability Commitment

HeidelbergCement announced the launch of Sustainability Commitments 2030, the six-point successor to its current Sustainability Ambitions 2020 program. Sustainability Commitments will center on reducing carbon dioxide emissions 30 percent from 1990 levels; steering 80 percent of the research & development budget to sustainable products; increasing natural resource substitution with by-products or recycled materials; and eliminating lost-time accidents.

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Cemex Sells Remaining GCC Shares

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…

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HeidelbergCement 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…

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Cement 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…

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