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 on markets with the greatest long-term growth potential and selling between $1.5 billion and $2 billion of assets.

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Ultracem Joins World Cement Association

The World Cement Association (WCA) announced it has further expanded its international network of members by welcoming the Colombia-based Ultracem as a corporate member. The association now has a membership made up of 69 members and representatives that cover 38 countries.

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HeidelbergCement Releases Sustainability Report

HeidelbergCement published its Sustainability Report 2017, which focuses on targets, measures and achievements of the company’s sustainability management. The report highlights the successes and aims of corporate sustainability management, as well as the HeidelbergCement’s activities in the arena of environmental protection, employees, workplace safety and social responsibility.

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Lehigh Hanson Announces Modernization Project for Indiana Plant

Lehigh Hanson, Inc. announced plans for modernization and expansion of its Lehigh Cement Co. plant in Mitchell, Ind. The company will invest more than $600 million in the plant modernization project, which will increase production capacity while also significantly reducing energy usage and emissions per ton of cement produced.

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