HeidelbergCement Reportedly Seeks to Divest $1.5 Billion U.S. Assets

Germany-based HeidelbergCement AG is exploring the sale of some of its U.S. assets as the producer’s chief executive Dominik von Achten seeks to divest peripheral businesses, reported Bloomberg. The company is working with Morgan Stanley on the sale of California operations, which could fetch around $1.5 billion, according to people familiar with the matter. 

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PCA Looks Forward to Working with Biden Administration

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Portland Cement Association (PCA) President and CEO Mike Ireland released the following statement in regards to reports that President-elect Joe Biden will tap former Environmental Protection Administrator Gina McCarthy to be White House Climate Coordinator, former Michigan Governor Jennifer Granholm to lead the Department of Energy (DOE), North Carolina Department of Environmental Quality Secretary Michael Regan to run the Environmental…

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