Raineri, Blue Grass RM deals sustain BMC’s double-digit growth

Sources: BMC Enterprises Inc., St. Louis; CP staff The St. Louis region’s top ready mixed concrete and aggregate producer has acquired three operators serving its central-eastern Missouri home base: Blue Grass Ready Mix, single-plant Saint Robert operator; Raineri Building Materials, with two St. Louis ready mixed plants and companion construction product yards; and, Eureka Materials, single-pit sand & gravel producer.…

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Lafarge R&D, Holcim Apasco veterans to oversee LafargeHolcim Americas businesses

Sources: LafargeHolcim Ltd., Zurich; CP staff

The 10-member LafargeHolcim Executive Committee has been realigned to reflect an evolved global cement, aggregate and concrete production asset portfolio, and close an integration phase commencing with the July 2015 Lafarge Group and Holcim Ltd. merger. Representing the Western Hemisphere are region heads Pascal Casanova, North America, and Oliver Osswald, Central & South America.

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Sustainability watchdog sets concrete production water accounting standards

The Cement Sustainability Initiative has capped a two-year effort to formalize accounting of water consumption and recycling in cement, concrete and aggregate production. The new 34-page Guidance on Good Practices for Water Accounting builds on Protocol for Water Reporting for the Cement Industry (2014) and Water Key Performance Indicators (2015).

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Summit Materials investors eye $375M from initial public offering

Sources: CP staff; Summit Materials LLC, Denver; Renaissance Capital LLC, Greenwich, Conn.

Trading of the newest major operator with U.S. concrete, cement and aggregate production, Summit Materials, has commenced on the New York Stock Exchange, as CEO Tom Hill rang the March 12 Opening Bell. After a requisite quiet period since a mid-December Securities and Exchange Commission filing, Summit Materials sponsors offered 22.2 million shares at $18/share.

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