Béton Provincial consolidates Eastern Canada position with CRH assets

Sources: Béton Provincial Ltée, Quebec City, Quebec; CP staff Béton Provincial, the largest Canadian-owned company in cement and concrete, has closed on a major asset transaction with CRH Canada Group Inc., netting: the Ash Grove Cement mill in Joliette, Quebec, plus one Solvay, N.Y., two Greater Montreal and three Labrador or Newfoundland terminals; nine Demix Béton ready mixed plants, seven…

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NRMCA Concrete Innovations Awards

Now in its second year, the program recognizes outstanding achievement in concrete design and construction. Early this month, the National Ready Mixed Concrete Association selected the winners of the 2024 NRMCA Concrete Innovations Awards. Ten projects demonstrate outstanding achievements in performance even as they lower environmental impacts, such as embodied and operational carbon footprints. To help you fully understand the…

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With Ash Grove in the books, CRH holds commanding cement stake


CRH Americas closed a $3.5 billion acquisition of Ash Grove Cement Co. late last month days after announcing a settlement to resolve Federal Trade Commission charges that the deal violated antitrust law. Terms called for the Oldcastle Inc. parent company to sell a Three Forks, Mont., cement plant and quarry to GCC Americas; three Omaha, Neb., area sand & gravel sites to Martin Marietta Materials; plus, three quarries and two asphalt plants near Kansas City to Summit Materials. The settlement also contains two three-year provisions: It grants GCC an option to use two Three Forks-fed CRH terminals in Alberta; and, holds that CRH, at GCC’s option, will purchase cement from the mill for distribution in Canada.

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Ash Grove shareholders clear path for CRH acquisition

Sources: Ash Grove Cement Co., Overland Park, Kan.; CRH Plc, Dublin; CP staff

Shareholders controlling just over 63 percent of Ash Grove Cement voting stock have approved a $3.5 billion merger agreement with Oldcastle Inc. parent company CRH. The deal is projected for a late-2017 or early-2018 closing and will position Atlanta-based Oldcastle Materials as the number five U.S. portland cement producer, with 8 million-plus tons’ annual capacity, while strengthening its role among the top five aggregates and ready mixed concrete operators.

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