PCA, Cemex Veteran Mack to Chair ACPA

Cemex Director of Market Development-Commercial Strategy Jim Mack was elected 2019 American Concrete Pavement Association (ACPA) chairman during the group’s annual meeting in Florida. Based at Cemex USA Houston headquarters, he succeeds Chuck Niederriter, who during a traditional passing of the gavel noted how Mack is the first ACPA chairman to have served with a cement company, regional shipper’s group, ACPA-affiliated chapter, ACPA National and the Portland Cement Association.

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Class Action Lawsuit Filed Against Argentinian Cement Producer

New York-based Rosen Law Firm filed a class action lawsuit against Argentina’s Loma Negra Compania Industrial Argentina S.A. on behalf of investors that purchased securities in the company’s initial public offering in November 2017. The lawsuit seeks to recover damages under the federal securities laws.

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Caribbean Cement Secures $3 Billion Loan to Repay Debt

Caribbean Cement Co. Ltd. and its mining subsidiary, Jamaica Gypsum and Quarries Ltd., acquired a five-year loan from National Commercial Bank Jamaica that will be used mainly to repay older debt, reported the Jamaica Gleaner.

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Cemex USA Recognized for Conservation Efforts

Cemex USA announced it was named one of Texan by Nature’s 2018 Conservation Wranglers for its ongoing commitment to sustainability and land preservation through the El Carmen Land and Conservation Co., LLC (ECLCC). The Texan by Nature Conservation Wranglers program recognizes innovative and transformative conservation projects in the state.

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