Cemex raised to Buy at Longbow
Cemex is upgraded to Buy from Neutral by Longbow, based on continually improving fundamentals in the cement industry with price increases of 8-10 per cent supported by volume g...
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Babcock awarded US fleet management contract
Aggregate Industries US (AIUS), part of the Holcim Group, has awarded Babcock International Group a US$30m, 10-year contract to provide a fleet managed service for its Aggregat...
Holcim and Lafarge seal binding deal with CRH
Lafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the ...
TMEIC to supply MV drive systems for McInnis Cement, Canada
TMEIC announces an order from ThyssenKrupp Industrial Solutions (USA) Inc to supply MV Drive Systems for McInnis Cement. The TMEIC Dura-Bilt5i MV series of medium-voltage drive...
US first-quarter shipments seen exceeding 16.4Mt
Portland and blended cement shipments in the US and Puerto Rico over the first three months of 2015 are expected to have amounted to 16.44Mt, according to preliminary data from...
Approval for Mitsubishi terminal expansion, USA
The Long Beach Board of Harbor Commissioners approved the Mitsubishi Cement facility modification Project last week, which will allow the company to meet increasing regional de...
Eagle Materials helped by addition of oil & gas
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the financial year to the end of March advanced by 18.1 per cent to US$1192.6m...
Vulcan Materials sees good volume growth in most markets
Vulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 9.9 per cent ahead at US$631.3m and EBITDA declined by 70.6 per cent to US$78.5m. At...
Ash Grove Cement names Louisville plant AGem winner
Ash Grove Cement Company’s Louisville (NE) plant won top honours in the annual Ash Grove Energy Management (AGem) Outstanding Plant of the Year competition. “Ash Grove created...
Buzzi improves in the USA & central Europe
Buzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and the EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48...