Cement News tagged under: Aggregates

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Lafarge sells aggregate quarries in Georgia

11 January 2013, Published under Cement News

Lafarge announces it has signed binding agreements for the sale of six aggregates quarries in Georgia (USA) for a total enterprise value of US$160m. These assets represent less than one cent of the company's sales in North America in 2011. These transactions are subject to relevant approvals. "With these divestments in a region where Lafarge is present only through its aggregates operations, the group pursues its strategy of focusing on most promising geographic areas where we have int...

Martin Marietta violated confidentiality agreement, judge rules

07 May 2012, Published under Cement News

Delaware Judge Leo Strine has ruled that Martin Marietta violated a nondisclosure agreement with Vulcan and used confidential information in forming its USD5.3bn bid and proxy fight. It has been ordered to suspend all activities related to the deal for four months. Martin Marietta said on Monday, it would appeal the ruling: “We are disappointed with the decision rendered by the Delaware Court of Chancery, with which we strongly disagree,” the company said in a statement. “After carefully co...

Cement's best friend

27 February 2012, Published under Cement News

The aggregates industry is closely linked to the cement industry in several aspects. Not only are cement companies commonly diversified owners of downstream operations, but some of the aggregates companies have forged a pathway into cement and are controlled by similar strict regulatory codes of practice and increasing legislation. In this article Jim O’Brien, president of the European Aggregates Association (UEPG), Belgium, looks at why aggregates can be considered cement's best friend . ...