The Portland Cement Association (PCA) announced that U.S. cement consumption is on track to see 2.7 percent growth in 2016, making a downward revision of a previous annual growth estimate of 4 percent reported earlier this year. The association also revised its 2017 U.S. cement consumption forecast to 3.1 percent growth, from 4.2 percent growth, crediting a combination of post-election…
Read MoreDay: January 17, 2017
Two International Cement Trading Companies Merge
Following the acquisition of Italcementi by HeidelbergCement, HC Trading and Interbulk Trading have merged their operations under the entity of HC Trading B.V. It will provide a unique opportunity to accelerate the growth of the trading arm of the HeidelbergCement Group. The merger will carry the group’s international trading activities – specializing in cement, clinker, coal and petroleum-coke – one…
Read MoreSeptember Cement Shipments Slip 2.8 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in September 2016 were about 8.8 million metric tons (Mt), down by 2.8 percent from sales in September 2015, according to the most recent USGS Mineral Industrial Survey.
Read MoreLafargeHolcim’s Eric Olsen Elected CSI Chairman
Eric Olsen, CEO of LafargeHolcim, will become the new chairman of the Cement Sustainability Initiative (CSI) in 2017, as confirmed at the organization’s annual CEO Meeting in Madrid.
Read MoreMcInnis Cement Appoints New CEO
McInnis Cement announced the appointment of Hervé Mallet as president and chief executive officer. The company is in the last months of its construction phase and will begin commercial operations in the spring at its 2 million-tpy facility in Port-Daniel-Gascons, part of the Gaspé region in Quebec.
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