Cemex USA Announces Divestment in Southeast

Cemex USA announced that it has signed an agreement for the sale of its gypsum wallboard business based in Florida to US LBM Holdings, LLC. The proceeds obtained from this transaction, which will not be for a material amount, will be used mainly by Cemex USA’s affiliates for debt reduction and for general corporate purposes. The transaction is expected to…

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Cement Association Questions Allowance of Taller Wood Buildings

The Cement Association of Canada (CAC) calls the decision of the Quebec government to bypass the usual rigourous building code development process questionable, as it allows the construction of taller wood buildings on the basis of a guide developed by the Régie du bâtiment du Québec and FPInnovations, a private research center dedicated to supporting the Canadian forest industry. The…

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Cement Shipments Continue to Rise

Total shipments of portland and blended cement in the United States and Puerto Rico in June 2015 were about 8.9 million metric tons (Mt), up by 7.6 percent from the level in June 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through June totaled 40.8 Mt, up by 3.6 percent from the same period…

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