Sources: GCC S.A.B. de C.V., Chihuahua, Mexico; CP staff GCC plans to add more than 1 million metric tons of annual capacity to its Odessa, Texas cement plant. The project’s $750 million budget will almost surely set a new dollar/ton of output watermark for a cement operation in North America, where recent outlays of comparable clinker capacity have trended below…
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Cement, concrete hold steady as minor GHG emissions data points
Technology Trends’ Craig Yeack breaks down cement savings and carbon dioxide emissions reduction math in a report on ready mixed production and the CarbonCure Technologies process. Outside of fly ash, admixtures and blended binders, CarbonCure’s dosing and injection technology is among the most widely adopted tools for lowering embodied carbon in finished concrete.
Read MoreLafarge Canada veteran heads GCC’s U.S. Ready Mix business
Source: GCC of America, Denver
Bob Cartmel has joined GCC of America as vice president of U.S. Ready Mix. He arrives with 25-plus years’ experience as Lafarge Canada president and chief executive officer, regional president of Aggregate and Concrete, and vice president of Strategy and Business Development.
Read MoreGCC, Martin Marietta, Summit deals clear CRH path to Ash Grove closing
Sources: U.S. Federal Trade Commission; CP staff
CRH Americas will consummate a $3.5 billion acquisition of Ash Grove Cement Co. by month’s end following a June 14 settlement resolving Federal Trade Commission charges that the deal violates antitrust law. Terms call 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.
Read MoreGCC closes on Cemex operations in west Texas, New Mexico
Sources: Grupo Cementos de Chihuahua, Chihuahua, Mexico; CP staff
GCC has expanded its North Central and Mountain Region market footprint in the U.S., acquiring Cemex’s Odessa cement plant plus Amarillo and El Paso terminals, all Texas; and, a construction materials business serving El Paso and Las Cruces, N.M., through eight ready mixed, six aggregate and five asphalt plants, plus five distribution centers. The properties increase GCC’s total headcount to nearly 3,500, and continue in a “business as usual” mode under their new owner.
Read MoreCemex scales back GCC deal to Texas, New Mexico cement, materials assets
Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff
Cemex has reached an agreement to sell its Odessa, Texas, cement plant and two terminals, plus El Paso and Las Cruces, N.M., building materials businesses to Grupo Cementos de Chihuahua, S.A.B. de C.V. Absent the $306 million deal are Cemex Colorado assets—Lyons mill, Florence terminal—rounding out an original transaction the companies outlined in May. Subject to competition authority and shareholder approvals, the revised deal will be consummated through Cemex and GCC U.S. affiliates and is projected to close by year end.
Read MorePRODUCERS – JUNE 2016
Summit Materials Inc., Denver, has acquired Sierra Ready Mix, LLC, which serves the Las Vegas market from one sand & gravel pit and two concrete plants. The deal brings the suitor’s largest integrated materials and road-building business, Kilgore Companies, into a fourth state, Nevada, alongside Utah, Idaho and Wyoming.
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