Cemex Sets 30-Month Timetable for Asset Sales

In an upbeat second quarter earnings report, Cemex assured investors that asset prioritizing and debt reduction are top of mind. “With the objective of accelerating our path to investment grade and enhancing total shareholder return, we are announcing ‘A Stronger Cemex,’” said Chief Executive Fernando Gonzalez. “During the next 2.5 years, we will work to optimize our portfolio by focusing…

Read More

GCC Sales, EBITDA Up in Second Quarter

Grupo Cementos de Chihuahua, S.A.B. de C.V. announced its results for the second quarter of 2018. The company delivered growing sales and EBITDA as well as a higher EBITDA margin, with solid operating results in both the United States and Mexico. GCC also completed the acquisition of a cement plant in Montana, increasing its U.S. production capacity 11 percent; sold…

Read More

WBCSD Announces Strategic Partnership with GCCA

A strategic partnership between the recently chartered Global Cement and Concrete Association (GCCA) and World Business Council for Sustainable Development (WBCSD) is intended to facilitate sustainable development of the cement and concrete sectors and their value chains, while creating work program synergies benefitting both organizations’ members. Work carried out by the WBCSD-hosted Cement Sustainability Initiative (CSI) will be transferred to…

Read More

PCA Poll: Majority of Americans Concerned Over Wooden High-Rises

Three in four, or 74 percent, of Americans say proposals to allow taller buildings to be constructed with wood raise serious concerns for public safety, according to a nationwide poll conducted by Hart Research on behalf of the Portland Cement Association (PCA). Proposed code changes that would allow the use of mass timber in the construction of buildings up to 18 stories will…

Read More
1 3 4 5 6 7 20