Cement News tagged under: United States
USA: FTC approves HeidelbergCement divestiture16 November 2016, Published under Cement NewsThe US Federal Trade Commission (FTC) has given its approval to an application from HeidelbergCement and Italcementi for the divestiture of the Essroc Martinsburg cement plant in West Virginia and eight cement terminals, local newspaper the Morning Call reports. The plant and terminals are to be acquired by Cementos Argos for US$660m. The divestiture was required by the FTC to preserve competition in the face of the merger of HeidelbergCement and Italcementi. The deal was originally ag... |
United States: St Mary's Cement secures funding to expand North Michigan plant29 September 2016, Published under Cement NewsSt Mary's Cement, a subsidiary of Brazil's Votorantim Cimentos, has had its application for funding to expand its Charlevoix plant in north Michigan approved by the Michigan Strategic Fund (MSF), according to local news reports. The approval means that the company can access US$150m from the MSF to finance the project to increase capacity at the plant from 1.4Mta to 2Mta. In a statement, Stephen Gallagher, vice president of St Mary Cement Human Resources, said: “St Mary Cement is thril... |
US environmentalists to set out case against Orcem plant16 September 2016, Published under Cement NewsEnvironmental activists will today take their case against a proposed Orcem cement plant and marine terminal to the public, according to local media reports. The proposed project is to be built in Vallejo to the north of San Francisco and will consist of a 0.5Mta grinding plant producing cement from GBFS, to be expanded to 0.9Mta in subsequent phases. Opponents of the scheme have branded it an “environmental nightmare”, citing the impact of higher traffic volumes – one banner claimed u... |
HeidelbergCement to sell US assets to Cementos Argos in US$660m deal18 August 2016, Published under Cement NewsHeidelbergCement has agreed to sell its plant in Martinsburg (WV), USA, and eight terminals to Cementos Argos for US$660m. The deal is subject to regulatory approval, but the Federal Trade Commission had ordered the disposal as a result of the Italcementi acquisition. HeidelbergCement said that it expected the transaction to be completed in the fourth quarter of 2016. The deal involves the disposal of the company's Lehigh and Essroc subsidiaries. Dr Bernd Scheifele, chairman of the Man... |
United States: Sunrise reports progress on Pozz Ash project16 August 2016, Published under Cement NewsSunrise Resources has said that it has made “positive progress” in the development of its natural pozzolan Pozz Ash cement, Proactive Investors reports. Based on preliminary results from a concrete producer testing the product, Sunrise has concluded that Pozz Ash has good commercial potential providing the cement’s clay content can be reduced. |
United States: Kosmos Cement plant suffers fatality12 August 2016, Published under Cement NewsA person has died after a workplace accident at the Cemex-owned Kosmos Cement plant in Louisville, Kentucky, USA Associated Press reports that local police attributed the accident to a mechanical failure in a pulley system. An investigation is currently underway and the victim has yet to be identified. In April, Kosmos Cement agreed to pay a US$400,000 after admitting negligence that led to the death of a contractor in February 2014. |
United States: Cemex fined US$1.69m over air pollution01 August 2016, Published under Cement NewsCemex has reached a deal with US Environmental Protection Agency (EPA) whereby the company will pay a US$1.69m fine and install pollution-control equipment in five of its American plants, the Knoxville News Sentinel reports. The company will also be required to carry out energy audits at its plants and spend a further US$150,000 on energy efficiency projects. Last week saw the EPA file a federal complaint concerning air pollution arising from Cemex’s operations in Knoxville, Louisvil... |
CRH 1H16 earnings to reach US$1.1bn driven by US and Asian markets27 April 2016, Published under Cement NewsIn its earnings statement for 1Q2016, CRH predicts that EBITDA will rise to EUR1bn (US$1.1bn) driven by growth in the United States and the Philippines. This is around five per cent up on last year, with the final figure to be announced when 1H2016 results are published on 25 August. Sales for 1Q2016 itself are up nine per cent YoY, with US sales up by 22 per cent and Asian sales up 12 per cent. European markets were reported to be flat. Some EUR85m (US$96m) was spent on acquisitions ... |
US cement shipments up 26% YoY in February26 April 2016, Published under Cement NewsPreliminary data from the US Geological Survey shows that Portland and blended cement shipments in February 2016 amounted to 6.0Mt, including 630,000t of imports. These figures are both up on February 2015, with overall shipments being 26 per cent higher and imports 29 per cent higher. Shipment volumes for February 2016 were well above the 4.5Mt average over the previous five years (2011-15), being 34 per cent higher. Clinker production was 5.1Mt, 13 per cent higher than in February 2015.... |
USA: Cemex fined US$400,000 over negligence at Kosmos Cement21 April 2016, Published under Cement NewsCemex-owned Kosmos Cement has pleaded guilty to negligence over its failure to comply with health and safety standards , which contributed to the death of a contractor. The company was fined US$400,000, of which US$200,000 is payable immediately. The remaining US$200,000 will be waived if Cemex upgrades the facilities at its plant in Louisville, Kentucky, to the required standard, adopts a written maintenance control programme and allows on-site inspections by state officials. Accordin... |