Votorantim Cimentos Files for $5.4 Billion IPO

Brazil’s largest cement producer, Votorantim Cimentos S.A., filed a $5.4 billion maximum proposed initial public offering with the U.S. Securities and Exchange Commission (SEC) on April 17. The company plans to dual list on the NYSE and São Paulo Stock Exchange to raise funds to finance expansion, portfolio diversification and reduce debt. A request was filed with the Brazilian Securities…

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Cemex Releases Sustainability Report

Cemex, S.A.B. de C.V. presented its 2012 Sustainable Development Report last month. Among other highlights, the company reported that its different self-construction initiatives, including Patrimonio Hoy, ConstruApoyo and Productive Centers of Self-Employment, benefited more than 2 million people since the programs started. The report summarizes the company’s role in “Building the Cities of the Future.”

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Retractable Air Cannon Nozzles

The new 360-degree retractable air cannon nozzle from Martin Engineering loosens stubborn build-up in pre-heater towers and large process vessels, extending into the material stream only during the firing cycle to protect the nozzles from extreme temperatures and abrasion. The new product solves two common industry problems: effectively dislodging accumulations in hard-to-reach areas without shutdown or manual labor, while significantly…

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Vibration Monitor

A new BETEX professional VibChecker vibration monitor meter is a light and compact-sized instrument designed for quick and accurate vibration surveys. The meter, identified as model TB-C780201, provides portable and user-friendly vibration measurement in the 10 – 1,000 Hz frequency range. Measurement results are immediately and automatically evaluated against ISO standards, and can be stored for documentation and follow-up.

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Manufacturing Intelligence

Dry cement may look like a hodge-podge of soot and gravel when it pours out of the bag, but each package is the result of a carefully calculated process. With more than a dozen possible components – which can differ based on the aggregate “recipe” needed for various construction jobs – accuracy and precision are key to quality control. In…

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PCA’s Sullivan Projects Bright Future

Improving underlying economic fundamentals, the existence of large pent-up demand balances, and the diminishment of economic fiscal cliff uncertainty will combine to result in strong growth rates in 2013 and an increase in cement consumption, said Portland Cement Association (PCA) Chief Economist Ed Sullivan, in a special forecast held at last month’s World of Concrete in Las Vegas.

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