Cemex, CRH, Holcim, Heidelberg lead Alliance’s CO2 emissions reduction gauge

Sources: World Benchmarking Alliance, Amsterdam; CP staff Cement producer prevalence in the World Benchmarking Alliance/Heavy Industries Benchmark upper ranks underscores global or multinational operators’ rapid progress in carbon dioxide emissions reduction. Four of the top five—indeed, seven of the top 10—Heavy Industries names need little introduction in cement and concrete circles: Cemex S.A.B. de C.V., CRH Plc, Holcim Ltd. rank…

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Concrete.ai developers project Q3 2022 software commercialization

Los Angeles-based Concrete.ai is preparing for general release of its pioneering data science platform, programmed to reduce costs and embodied carbon intensity (CO2e) in concrete construction. Ahead of the launch, the company is filling key management positions and executing a worldwide, exclusive license from the University of California, Los Angeles for the underlying artificial intelligence (AI) and machine learning (ML)…

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Holcim extends Louisiana presence with Cajun Ready Mix deal

Sources: Holcim Ltd., Zug, Switzerland; CP staff Holcim has acquired Cajun Ready Mix Concrete, which leads the Baton Rouge, La. market with eight plants and 51-mixer truck fleet. The business is strategic to Lafarge ready mixed operations in New Orleans and becomes the latest bolt-on under Holcim’s Aggregates & Construction Materials U.S. umbrella.

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Vulcan Materials Co., Birmingham, Ala., has elevated two senior vice presidents to new posts: Stan Bass, SVP West, overseeing Western and Mountain West Divisions, to chief growth officer, responsible for leading business development, commercial excellence, and strategic growth initiatives; and, Michael Mills, SVP & general counsel, to chief administrative officer, charged with executive oversight of non-financial, administrative functions. Also, Brock Lodge has been promoted from Western Division vice president and general manager to president, and Jerry Perkins, from assistant general counsel to general counsel, maintaining the corporate secretary post.

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CRH ‘development’ activity approaches $9 billion in watershed year

Sources: CRH Plc, Dublin; CP staff

Crunching numbers on deals affecting operations in North America, Europe and Asia, CRH closed 2015 with about $8.8 billion in acquisitions, and divestments netting proceeds near $1 billion. Anchoring the calendar was a $7.2 billion transaction for the lion’s share of cement, concrete and aggregate production assets Lafarge S.A. and Holcim Ltd. sold in conjunction with their July merger.

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LafargeHolcim chief prepares to mill “A new leader for a new world”

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Sources: CP staff; LafargeHolcim Ltd., Zurich

True to a timeline in their April 2014 announcement of a proposed union, Lafarge S.A. and Holcim Ltd. executives unveiled a new global leader in heavy building materials July 15, presenting the merged business, LafargeHolcim, as an operator of 2,500-plus cement, concrete and aggregate plants in 90 countries.

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Cement, slag plant and terminal asset suitors prepare for timely transactions

Sources: CP staff

The formal closing of the Lafarge S.A. and Holcim Ltd. merger will trigger expedited unloading of U.S. and Canadian cement, aggregate and concrete production and distribution assets valued at $1 billion-plus. Topping the regulator-driven transactions will be the sale of the Holcim (Canada) Inc. business to Oldcastle Inc. parent CRH Plc, and Lafarge North America’s Davenport, Iowa, cement plant and seven-terminal Mississippi River network to Continental Cement Co. parent Summit Materials.

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With FTC nod, Buzzi, Eagle surface as latest Lafarge, Holcim asset suitors

Sources: CP staff; Federal Trade Commission, Washington, D.C.

The FTC has opened to public comment a proposed consent agreement settling a complaint alleging that the Holcim Ltd. and Lafarge S.A. merger would likely harm competition in the U.S. It details a portfolio of Holcim (US) Inc. and Lafarge North America portland cement and slag cement production and distribution assets to be divested in conjunction with the parent companies’ union.

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