Displaying items by tag: US
Roanoke Cement terminals recertified by Wildlife Habitat Council
14 November 2017US: The Wildlife Habitat Council (WHC) has recertified four of Roanoke Cement Company’s terminals in Virginia and North Carolina. Units at Front Royal, Richmond and Bristol in Virginia and Winston-Salem, North Carolina received the certification.
"Having the Wildlife Habitat Council's recertification for each of them is a distinguished recognition confirming that all of Roanoke Cement's sites are on the right track ecologically. We look forward to continuing our conservation efforts providing pleasing, ‘green’ features within our terminal campuses. A few examples include pollinator meadows at Front Royal and Winston-Salem, avian habitats for the Eastern Bluebird in Richmond, and stream restoration in Bristol," said David Brinkley, Director of Distribution & Customer Resources at Roanoke Cement Company.
WHC's certification program, ‘Conservation Certification,’ is built on global recognition programs, reflects contemporary conservation efforts and applies its collective learning to the future of biodiversity in the US and the globe. Front Royal, Richmond and Winston-Salem were originally certified in 2013. Bristol was originally certified in 2015. Certification by WHC is valid for two years.
Chinese ambassador denies links with Sinocem Costa Rica
13 November 2017Costa Rica: Tang Heng, the Chinese Ambassador to Costa Rica, has confirmed that Sinocem China has ended all commercial relations with Sinocem Costa Rica. The statement was made due to an investigation into alleged irregularities and lobbying involving the owner of Sinocem Costa Rica, Juan Carlos Bolanos, and certain officials of state-owned bank Banco de Costa Rica, according to La Nación newspaper. According to Heng, Hangzhou Sinocem Building Materials said in July 2017 that Sinocem China had stopped supplying cement to Sinocem Costa Rica as the latter allegedly purchased cement from other Chinese cement suppliers and continued to use the Sinocem brand on packaging without its permission.
Cemex USA launches terminal in Denver
10 November 2017US: Cemex USA has officially launched a new railway terminal at Commerce City near Denver, Colorado. The site started operations in late September 2017. It is served by an existing rail line from the Lyons Cement Plant and has a silo capacity of 5000t. It will be used to store Type II ordinary Portland Cement. The unit is intended to supply cement to the Denver Metropolitan area as well as the wider state market.
Cemex’s US assets include 11 cement plants, 43 distribution terminals, 57 aggregate quarries and more than 270 ready-mix concrete plants.
Michael Ireland appointed president and chief executive officer of Portland Cement Association
08 November 2017US: The Portland Cement Association (PCA) board of directors has appointed Michael Ireland president and chief executive officer (CEO). He replaces former President and CEO James Toscas.
In addition, the PCA board of directors elected the following new members: Greg Hale from Capitol Aggregates; Steve Regis, Bruce Shafer and Mark Wagy from CalPortland Company; Enrique Rozas from Drake Cement and Mike Ireland of PCA.
Cemex launches digital customer integration platform
07 November 2017Mexico: Cemex has launched Cemex Go, a digital customer integration platform. The system will be used in real time to manage order placement, live tracking of shipments and invoices and payments for the company’s main products, including bagged and bulk cement.
“Cemex Go creates an experience for our customers that is superior to anything that has been provided in the past and is the only platform of its kind currently offered in our industry,” said Fernando A Gonzalez, chief executive officer (CEO) of Cemex.
The platform is intended to reduce customers’ administrative burden and to allow them to work at anytime and anywhere on multiple devices. It also plans to use the core activities of Cemex’s open innovation and venture capital unit, Cemex Ventures, to help further build the project. The initiative is being supported by Cemex’s long-term partners, IBM and Neoris.
In November 2017, Cemex Go will start to roll out in the US and Mexico. Further worldwide deployment will follow in 2018.
Titan benefits from US market so far in 2017
02 November 2017Greece: Titan Cement’s sales and operating profit have all benefited from growth in the US so far in 2017. The group’s net sales grew by 1.8% year-on-year to Euro1.14bn in the first nine months of 2017 from 1.12bn in the same period in 2016. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 4.6% to Euro215m from Euro205m.
In the US sales grew by 14% to Euro667m in the year to date, despite a poor third quarter due to disruption by hurricanes and other weather events. In the group’s Greece and Western Europe region, sales fell by 3% to Euro190m and earnings fell also. However, sales rose in Southeastern Europe by 10.5% to Euro173m although rising fuels costs dented its earnings. Market conditions remained ‘challenging’ in Egypt with demand for building materials in 2017 estimated to be about 8% below the previous year’s levels and prices still impacted by the low value of the Egyptian Pound. Overall, the group’s Eastern Mediterranean region saw its sales fall by 39% to Euro114m and earnings fell by 66% to Euro11.1m. Further issues were reported in Turkey due to competition but joint venture operations in Brazil saw faint improvements in the third quarter of the year.
Eagle Materials appoints Margot Carter to its board of directors
01 November 2017US: Eagle Materials has appointed Margot Carter to its board of directors. She currently serves as the lead independent director, Chair of the Nominating and Governance Committee and a member of the Audit Committee of Installed Building Products, an installer of building products, and a director of Freeman Company, a brand experience business. Carter has previously worked as the executive vice president, chief legal officer and secretary of several public companies, including RealPage, a global provider of software and data analytics to the real estate industry.
Jim Williams elected as president for Power Transmission Distributors Association in 2018
01 November 2017US: Jim Williams, the vice president (corporate purchasing and supplier relations) of Motion Industries, has been elected as the president of the Power Transmission Distributors Association (PTDA) in 2018. He will assume the role in January 2018. He succeeds Tom Clawser.
Williams has been a PTDA volunteer since 2005 when he joined the Motion Control Task Force. A past chair of the Programs and Products Committee, he has served on the Board of Directors since 2015.
US: Geoff Hynes has been appointed as the president and chief executive officer (CEO) of Rexa. He succeeds Sam Lalos who will retire at the end of 2017. Lalos has held the post for five years. Rexa produces actuators for a variety of industries, including the mineral processing and mining sectors.
Loma Negra to launch initial public offering
01 November 2017Argentina/US: Loma Negra has set the price of its initial public offering on the New York Stock Exchange. It plans to raise about US$954m from the sale. Most of the proceeds will go to InterCement Brasil, Brazil’s second-largest cement producer, which owns 99% of Loma Negra, according to Reuters. The rest will go to Loma Negra.
Founded in 1926, Loma Negra is vertically integrated cement and concrete company based in Argentina. It also owns a 51% stake in a cement plant in Paraguay.