At its Capital Markets Day earlier this month, FLSmidth launched MissionZero, a new sustainability program aimed at significantly reducing emissions across the global cement and mining industries by 2030.
Grupo Argos announced that its net profit in the third quarter of 2019 increased 13% compared with the prior-year period. The Colombian conglomerate, whose subsidiaries include Cementos Argos and energy company Celsia, also noted that it recorded its highest-ever quarterly EBITDA.
Union workers at the Keystone Cement Co. plant in Bath, Pa., have filed suit to halt its sale to Lehigh Hanson, alleging the purchase would violate their existing contracts, reported The Morning Call.
HeidelbergCement recently announced that group revenue rose by 7% to €14.3 billion from January to September 2019. Excluding consolidation and exchange rate effects, group revenue grew by 4% for the first nine months of 2019. Further, the result from current operations before depreciation and amortization rose by 17% to €2.6 billion for the period.
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