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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Cement Shipments Rise 5 Percent in May

Total shipments of portland and blended cement in the United States and Puerto Rico in May 2016 were about 8.2 million metric tons (Mt), up by 5.1 percent from sales in May 2015, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in May were California, Texas, Missouri, Florida and Michigan,…

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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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Cement Union Official, Attorney Found Guilty of Whistle-Blower Retaliation

A ruling in a whistle-blower lawsuit brought by the U.S. Labor Department found that the leader of a southern California cement workers union and an attorney for the organization’s trust funds retaliated against two employees who questioned the labor official’s financial practices, reported the Los Angeles Times. The federal court ordered Scott Brain, who heads the Cement Masons Union Local…

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EPA: Cemex to Invest $10M, Reduce Air Pollution at Five Plants

The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) announced a settlement with Cemex, under which the company will invest approximately $10 million to cut emissions of harmful air pollution at five of its cement manufacturing plants to resolve alleged violations of the Clean Air Act. The facilities are located in Demopolis, Ala.; Louisville, Ky.; Knoxville,…

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HeidelbergCement, Italcementi Merger Moves Forward

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…

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