Cement News tagged under: Essroc
USA: Essroc-Lehigh acquisition06 February 2017, Published under Cement NewsFollowing a US$4.2bn acquisition deal in June 2016, Essroc's Nazareth plant in Pennsylvania will feature signs saying it is now part of Lehigh Cement Co. The acquisition combined Lehigh Hanson Inc and Essroc Cement Corp, which were then owned by parent companies HeidelbergCement AG and Italcementi SpA, respectively. Now, HeidelbergCement AG is the owner of both Lehigh Hanson Inc and Essroc. "For now the legal entity is still 'Essroc' and our operating permits still show 'Essroc,' but w... |
Essroc Canada's integration to the HeidelbergCement Goup is approved06 October 2016, Published under Cement NewsThe integration Italcementi's business in Canada with the HeidelbergCement Group was formerly approved by the company's board of directors yesterday. Since 1 July 2016 HeidelbergCement Group has been held the majority stake in Italcementi and will take over the entire company following a mandatory takeover bid. The transaction involves the acquisition by Canadian Lehigh Hanson Materials Ltd (LHM), indirectly owned by HeidelbergCement, of the entire share capital, including ordinary and ... |
Cementos Argos27 September 2016, Published under Cement NewsCementos Argos has agreed to purchase the Essroc cement plant in Martinsburg, West Virginia, USA, from HeidelbergCement. The deal, which is reputedly worth around US$650m, forms part of HeldelbergCement’s divestment plans resulting from its ongoing acquisition of Essroc’s parent company, Italcementi. To help fund the purchase, Cementos Argos has sold a 20 per cent stake in its Panamanian subsidiary to Panama-based real estate investment firm Grupo Provivienda for US$126m. This leaves Cemento... |
USA: Essroc Martinsbrug to tighten up dust emissions control20 April 2016, Published under Cement NewsEssroc officials said in a statement that it will implement strict dust-control improvements over the next 60 days as part of ongoing environmental efforts, and has already made investments to repair equipment. Essroc recently agreed to pay a US$38,400 penalty for air-pollution violations, which triggered several complaints last year from nearby residents. Essroc will be required to perform weekly instead of monthly “visible emission observations” at its South Queen Street plant as part of... |
Essroc Italcementi Group announces new CEO09 September 2015, Published under Cement NewsThe Italcementi Group has appointed Alex Car as the president and CEO of its Essroc North American operations. Car previously served as Essroc senior vice president of cement sales and marketing and general manager of construction materials. “I am honoured to be appointed as Essroc’s CEO,” Mr Car said. “It is a privilege to be part of an organization that delivers high-quality products and innovative solutions to the construction industry. I am committed to empowering Essroc’s talented team... |
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