PCA updates US annual cement consumption forecast
Portland Cement Association's (PCA) Market Intelligence Group has forecast annual cement consumption to climb in the USA by 2.6 per cent during 2017 and 2.8 per cent in 2018. ...
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Ash Grove Cement receives US$3.8bn takeover proposal
CRH noted that an announcement by Ash Grove yesterday that the period for obtaining shareholder approval has been extended for its proposed acqusition. US cement maker Ash Grov...
Summit Materials could be swept up in US consolidtion trend
As the cement sector continues to consolidate, the number of potential targets with values of more than US$1bn (EUR842m) will continue to fall and quite possibly, Summit Mate...
Votorantim Cimentos to sell stake in Suwannee American
Brazil-based Votorantim Cimentos is to sell its 50 per cent stake in Suwannee American Cement (SAC), located in northern Florida, USA. The sale is part of Votorantim’s strateg...
Lafarge's Ravena cement plant upgrade is completed
The ribbon has been cut on the completion of a three-year, multi-million dollar modernisation project to imporve the Lafarge (LafargeHolcim group) Ravena Cement plant in New Yo...
CRH agrees US$3.5bn acquisition of Ash Grove Cement
CRH plc has reached an agreement to buy US-based Ash Grove Cement Co for US$3.5bn. The proposed transaction is subject to Ash Grove shareholder and regulatory approvals and wil...
Federated Investors sell shares in Summit Materials Inc
Federated Investors Inc PA lowered its position in Summit Materials, Inc by 65.5 per cent in the second quarter, according to the company in its most recent disclosure with the...
Monarch Cement sees 7% net profit rise in 2Q17
The Monarch Cement Co reported in a SEC filing a one per cent YoY increase in consolidated sales from US$45,105,834 to US$45,593,593 in 2Q17. Net profit rose by seven per cent ...
Proposal for solar array at Holcim US Hagerstown
Holcim US Inc is proposing the construction of a 10MW solar power plant on a 120-acre section of its property just south of Antietam Creek, near its cement plant in Hagerstown ...
Vulcan reaches agreement to acquire Polaris Materials
Vulcan Materials announced that it has reached a definitive agreement to acquire Polaris Materials, an aggregates and logistics company, which serves key California markets fro...