By Don Marsh
Colombia-based Argos S.A. demonstrates in its latest investment the credit facilities and drive to build multiple U.S. cement and concrete platforms, perhaps competing for acquisitions with expansion-minded peers on the order of Oldcastle Materials and Summit Materials.
Sources: Essroc Cement Corp., Nazareth, Pa.; CP staff
Alex Car has officially assumed president and chief executive officer posts for Essroc Italcementi operations in the U.S., Canada and Puerto Rico, his predecessor Francesco Carantani transitioning to new Italcementi Group duties.
Sources: CP staff; Essroc Italcementi Group, Nazareth, Pa.
Essroc Cement has integrated a 500,000 metric ton/year capacity, Camden, N.J., slag cement grinding operation into its Northeast and Mid-Atlantic powder network. It closed on the former St. Lawrence Cement and Holcim (US) Inc. mill, located along the Delaware River directly across from Philadelphia, in a deal with the newly formed LafargeHolcim Ltd.