CRH Considers Bid for Lafarge, Holcim Assets

Irish cement maker CRH plc is exploring a bid for all assets rivals Lafarge SA and Holcim Ltd. must sell to avoid significant hurdles from antitrust authorities with their proposed merger, sources familiar with the matter told Reuters. Four consortia of private equity firms are also eyeing the portfolio, with bids valuing the assets at $6.5 billion-$9 billion expected soon.

Read More

GCC Promotes Escalante to CEO

CA-GCC-150

The Grupo Cementos de Chihuahua (GCC) Board of Directors appointed Enrique Escalante as chief executive officer effective Jan. 1, 2015. Escalante succeeds Manual Milan, who will retire at the end of the year after a tenure during which the company, through U.S. market entry, grew from six to 116 ready mixed concrete plants and two to six cement plants, as…

Read More

Hanson Building Products Files for IPO

As part of its previously disclosed plan to divest a significant portion of its building products business in North America and the United Kingdom, HeidelbergCement announced that its subsidiary, Hanson Building Products Ltd., filed a registration statement with the U.S. Securities and Exchange Commission on Sept. 15 for a potential initial public offering (IPO) of its ordinary shares. According to…

Read More

Arcadis to Manage Lafarge Ravena Project

Arcadis, a leading global natural and built asset design and consultancy firm, will oversee construction on a multi-million dollar modernization project set to transform Lafarge North America’s Ravena cement plant into one of the most advanced dry-kiln facilities in the nation. The firm will manage the replacement of the existing 50-year-old kiln equipment, supporting Lafarge’s commitment to quickly implement industry-leading…

Read More

EPA Orders Arizona Plants to Cut Emissions

The Environmental Protection Agency set new limits last week on emissions from six Arizona industrial facilities in order to reduce haze at 17 national parks and wilderness areas, including the Grand Canyon, reported the Verde Independent. The rule will cut more than 32,000 tons of pollutants each year from smelters, cement plants and a power plant to clear the air over…

Read More
1 207 208 209 210 211 287