HeidelbergCement to Sell $660M in U.S. Assets

HeidelbergCement, through subsidiaries Essroc Corp. and Lehigh Hanson Inc., entered into a definitive agreement with Cementos Argos’ subsidiary Argos USA to sell several assets for $660 million. The transaction includes Essroc’s Martinsburg, W.Va., cement plant and seven terminals in Virginia, Maryland and Pennsylvania, plus a Lehigh terminal in upstate New York.

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LafargeHolcim Realigns Executive Committee

LafargeHolcim announced changes to its executive committee reflecting an evolved global portfolio following recent divestments and a transition to the next phase as it closes the integration phase of the Lafarge Group and Holcim Ltd. merger. Representing the Western Hemisphere are region heads Pascal Casanova, North America, and Oliver Osswald, Central and South America.

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