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Cemex Sells Remaining GCC Shares

Cemex announced that it sold a 9.47 percent direct interest in Mexico-based Grupo Cementos de Chihuahua (GCC) for approximately $168 million, which will be used mainly for debt reduction and general corporate purposes. The company continues to have a 20 percent indirect interest in GCC through CAMCEM, an entity that owns a majority interest in GCC and in which Cemex has a direct interest.

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Cemex Honored for Energy Efficiency, Land Stewardship

Cemex received the Southern California Edison (SCE) 2017 Energy Efficiency Award for its commitment to conserving energy and land stewardship at its Victorville cement plant, which has served the California High Desert community for more than 100 years. Company representatives were presented with the award during the 7th Annual Hispanic Heritage Month Celebration.

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CRH to Acquire Ash Grove Cement

Overland Park, Kan.-based Ash Grove Cement Co. announced that shareholders controlling just over 63 percent of the company’s voting stock have approved an Agreement and Plan of Merger with CRH plc. The $3.5 billion transaction remains subject to regulatory approval and is expected to close in late 2017 or early 2018.

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PCA: Cement Demand to Rise Due to Bridges Becoming Chokepoints

Higher volumes of vehicles on the road over the next 25 years is expected to increase cement consumption in the bridge sector, according to a new report from the Portland Cement Association (PCA). The Bridge Market Assessment estimates the U.S. will need as many as 140,000 new bridges by 2040, nearly 60 percent or 81,200 of which will be made using cement.

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2018 Cement Directory

NACD

Updated, the new 2018 North American Cement Directory.


Available January, 2018 for ordering exclusively from Cement Americas. Order Now for Delivery in January, 2018

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