Feds circle prospective Martin Marietta, Vulcan market overlaps

In response to a potential Martin Marietta–Vulcan Materials merger the former company proposed in an early-December stock-for-stock exchange offer, the Department of Justice Antitrust Division has requested Vulcan provide ready mixed, aggregate and asphalt delivery detail from certain operations in 15 states. Vulcan noted in a Securities & Exchange Commission (SEC) filing it had received from Justice officials a Civil…

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Cement Totals October 2011

Total shipments of portland and blended cement in the United States and Puerto Rico were about 7.3 million mt in October 2011, according to the U.S. Geological Survey. This was 4.0% higher compared with shipments for October 2010. Total shipments for the year through October were approximately 61.1 million mt, slightly higher compared to the same period in 2010.

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Ash Grove becomes first U.S. cement maker to ISO certify all plants

Ash Grove Vice President of Environmental Affairs, Curtis Lesslie, PE, announced that the company is currently the only domestic cement manufacturer to have its entire fleet of eight operating clinker manufacturing facilities earn the prestigious ISO 14001 certification. In 2010, seven of the company’s facilities earned the designation; its reconstructed Foreman, Ark., plant earned it in December 2011, according to…

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Cemex receives $600 million payment for Venezuela nationalization

Mexico’s Cemex S.A.B. de C.V. announced recently that it has received payment of US$600 million from the Government of the Bolivarian Republic of Venezuela and its public entity Corporación Socialista del Cemento, S.A. as compensation for the nationalization of Cemex Venezuela, S.A.C.A. In addition, US$154 million of accounts payable by Cemex subsidiaries to Cemex Venezuela have been cancelled.

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Cement Totals

Total shipments of portland and blended cement in the United States and Puerto Rico were about 7.9 million mt in August 2011, according to the U.S. Geological Survey. This was 8.0% higher compared with shipments for August 2010. Total shipments for the year through August were approximately 46.7 million mt, slightly higher compared to the same period in 2010.

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