Brazilian industrial conglomerate Camargo Correa is looking to sell between 10 percent and 18 percent of InterCement for up to $1.2 billion in order to make new overseas investments, reported Folha de S.Paulo.
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March Cement Shipments Up 3.5 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in March 2015 were about 6.3 million metric tons (Mt), up by 3.5 percent from the level in March 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through March totaled 16.4 Mt, up by 5.7 percent from the same period…
Read MorePCA: Global Cement Consumption on the Rise
Global cement consumption is expected to record sustained growth during 2015-2018, but at a less robust pace than previously expected, according to a recent report released by the Portland Cement Association (PCA).
Read MoreCemex Releases 2014 Sustainable Development Report
Cemex, S.A.B. de C.V. announced significant progress in its offer of products and solutions to support the construction of resilient and sustainable urban communities through its 2014 Sustainable Development Report, “Building Resilient and Sustainable Urban Communities.”
Read MoreEssroc Canada Fined $350k for Dust, Noise Emissions
Essroc Canada Inc. (Essroc) was fined $350,000 for discharging dust into the natural environment and for failing to ensure that noise emissions complied with its Environmental Compliance Approval (ECA) contrary to the Environmental Protection Act (EPA), according to Ontario’s Ministry of the Environment and Climate Change.
Read MorePCA: New EPA Rule Threatens Economic Recovery
The U.S. Environmental Protection Agency (EPA) released its final “waters of the United States” (WOTUS) rule. In taking this action, EPA greatly expanded its own regulatory authority and created new bureaucratic red tape for many U.S. industrial activities, according to the Portland Cement Association.
Read MoreLafarge, Holcim Finalize Executive Committee
Holcim and merger partner Lafarge have completed the appointments for the future 10-member executive committee of the combined LafargeHolcim. The companies will each have five executives on the committee.
Read MoreOhio Lawmakers Sponsor Resolutions to Draw Attention to McInnis Cement
Two lawmakers from northwest Ohio want federal officials to keep a close watch on government-subsidized cement production in Quebec, reported The Crescent-News.
Read MoreHeidelbergCement First Quarter Sales Up
The continued recovery of the construction industry in North America and the United Kingdom contributed to an overall positive development of sales volumes in the first quarter for HeidelbergCement. The group’s cement and clinker sales volumes fell slightly by 0.8 percent to 16.8 million tons from 17.0 million tons the previous year. However, deliveries of aggregates amounted to 46.3 million…
Read MoreHolcim, Lafarge Closer to Cementing Merger
Holcim Ltd. cleared one of the last remaining obstacles to its $47 billion merger with Lafarge SA last week when its shareholders approved the issuance of new shares to pay for the deal, reported The Wall Street Journal.
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