Cement News tagged under: USA

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Lehigh acquisition of Keystone Cement breaks down

07 June 2021, Published under Cement News

The Federal Trade Commission has announced that Lehigh Cement Co (HeidelbergCement Group) and Keystone Cement Co (Giant Cement group) have decided to abandon their proposed merger. The news comes about two weeks after the FTC said it was challenging Lehigh Cement’s planned acquisition of Keystone Cement. "This is great news for cement customers in eastern Pennsylvania and western New Jersey," Acting Bureau of Competition Director, Maribeth Petrizzi, said in a statement. "The FTC voted 4-0...

Continental Cement announces price increase

03 June 2021, Published under Cement News

US-based Continental Cement Co (Summit Materials) has announced a price increase for customers served by its Louisiana and Memphis terminals. As a result of increasing industry operating and logistics costs, the company is increasing cement prices by US$6/st. Delivered prices will be adjusted at the time of shipment to reflect any increases in freight rates, fuel surcharges and/or taxes, according to a statement.

Verder Scientific acquires Mager scientific

03 June 2021, Published under Cement News

Scientific equipment supplier and manufacturer Verder Scientific (Verder Group) has acquired Mager Scientific, the distributor of metallographic and hardness testing equipment in the USA. The acquisition is   based on a long-standing successful cooperation between the two companies and will greatly improve Verder Scientific’s impact on the US market, claims the Verder Group. Mager Scientific has an excellent reputation for providing customers with the full range of material testing solut...

US shipments see 16% uptick in March

02 June 2021, Published under Cement News

Total shipments for Portland and blended cement, including imports in the USA and Puerto Rico advanced 16 per cent YoY to 9Mt in March 2021, reports the US Geological Survey (USGS). A total of 45 per cent of deliveries was supplied to the leading cement-consuming states – Texas, California, Floria, Georgia and Arizona. Texas was also the leading producing state, followed by California, Missouri, Florida and Alabama. Masonry cements increased 9.6 per cent YoY to 222,000t in March 2021. The ...

New CEO for LafargeHolcim's US cement business

02 June 2021, Published under Cement News

LafargeHolcim has announced the appointment of Toufic Tabbara as CEO of its US cement operations. "Toufic is a proven leader in this industry. With a professional background that crosses diverse business divisions and spans both US and global geographies, he is well positioned to drive continued growth across the US cement business," said Group Executive Committee Member and Region Head of North America, René Thibault. Mr Tabbara joined LafargeHolcim in 1998, beginning his career in th...

What's behind Lehigh Hanson's divestment of its west region assets?

28 May 2021, Published under Cement News

HeidelbergCement Group made a significant announcement this week about the sale of several business activities in the US west region, under Lehigh Hanson's control, to US-based Martin Marietta Materials Inc. The transaction includes the sale of two cement plants, distribution terminals and activities in 17 aggregate sites and asphalt in the states of California, Arizona, Oregon and Nevada. Dr Dominik von Achten, chairman of the Managing Board of HeidelbergCement, said: "The sale of our US...

LafargeHolcim to settle US lawsuit from Cuban operations

28 May 2021, Published under Cement News

LafargeHolcim Ltd has agreed in principle to settle a lawsuit brought by a group of 25 US nationals who claimed the company used their Cuban property to conduct business, according to court documents. The lawsuit, filed in September in the US District Court for the Southern District of Florida, is one of dozens of cases brought under a long-dormant law that allows Americans to pursue legal action against companies doing business in Cuba on property confiscated by the regime of Fid...

LafargeHolcim in the US: resilience, innovation and sustainability

25 May 2021, Published under Cement News

ICR speaks with LafargeHolcim’s Director of Corporate Manufacturing and Slag Operations, Derick Dreyer, about the company’s US operations, their resilience in times of COVID-19 and how new technologies are charting a way towards sustainable cement production in the USA. Derick Dreyer, director of corporate manufacturing and slag operations, LafargeHolcim in the US ICR: How is the cement sector performing now in the US, and what was the overall impact of the pandemic and resu...

HeidelbergCement sells US West region assets to Martin Marietta

24 May 2021, Published under Cement News

As part of its portfolio optimisation and margin improvement programme in its North American business, HeidelbergCement has signed an agreement to sell its business activities in the US West region to the US based company Martin Marietta Materials, Inc. The sale price is US$2.3bn in cash.  "The sale of our US West region activities is a major step in our portfolio optimization as part of our 'Beyond 2020' strategy," said Dr Dominik von Achten, chairman of the Managing Board of Heidelbe...

Complaint filed against Lehigh Cement's proposed acquisition of Keystone Cement

24 May 2021, Published under Cement News

The Federal Trade Commission is seeking to block Lehigh Cement Co LLC’s US$151m acquisition of rival Pennsylvania-based cement producer Keystone Cement Co (Element Group), alleging the deal would harm regional competition in the market. Lehigh (HeidelbergCement group) owns multiple competing factories that sell cement in Keystone markets, including two cement plants located within 40 miles of Keystone’s plant in Bath, Pennsylvania. The Commission filed an administrative complaint and aut...