Sources: Essroc Italcementi Group, Nazareth, Pa.; CP staff
Essroc has signed an agreement to acquire the Holcim (US) Inc. slag cement grinding plant in Camden, N.J., along with an Everett, Mass., cement terminal. With 700,000 metric tons’ capacity, the Delaware River facility stands to triple slag cement output for Essroc, which mills the supplementary binder at Picton, Ontario; San Juan, P.R.; and, Middlebranch, Ohio, operations.
Sources: CP staff; Lafarge Group, Paris
U.S. assets Lafarge Group and Holcim Ltd. are preparing to unload shortly after their proposed merger—on track to close in mid-2015, forming LafargeHolcim—include ground granulated blast furnace slag cement grinding facilities unusually strategic to dense population centers: Camden, N.J., 700,000 tons/year capacity, located on the Delaware River, overlooking Philadelphia; and, Chicago Skyway, 600,000 tons/year capacity, on a Lake Michigan inlet near the Illinois-Indiana border.
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In an early-February U.S. Securities and Exchange Commission filing, CRH Plc confirmed a binding commitment to acquire certain assets Switzerland’s Holcim Ltd. and Paris-based Lafarge SA had bundled for sale, thereby advancing a merger the producers hope to consummate by mid-year. The commitment centers on a transaction with an enterprise value of about $7.4 billion, and encompasses Holcim Canada Inc. plus a host of overseas cement, concrete and aggregate businesses.
Sources: CP staff; CRH Plc, Dublin
In a February 2 U.S. Securities and Exchange Commission filing, CRH cites a binding commitment to acquire certain Holcim Ltd. and Lafarge SA assets, ahead of a planned, mid-year merger creating LafargeHolcim. The commitment centers on a transaction with an enterprise value of about $7.4 billion, and encompasses Holcim Canada Inc. plus a host of overseas cement, concrete and aggregate businesses.
Read MoreSources: Concrete Industry Management National Steering Committee; CP staff
Cemex USA, Holcim (US) Inc., Lafarge North America, Lehigh Hanson Inc. and Titan America have each donated 10 truckloads of portland cement to the 10th annual CIM Auction, February 4 at the Las Vegas Convention Center—in conjunction with the 2015 World of Concrete.
Sources: CP staff; CRH Plc, Dublin
CRH is among suitors for certain assets Switzerland’s Holcim Ltd. and Paris-based Lafarge SA have bundled for sale, thereby advancing a merger the producers hope to consummate by mid-year. Assets on the table include Holcim Canada Inc. and a host of overseas cement, concrete and aggregate businesses.
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Holcim Group’s 2013 Corporate Sustainability Report details ongoing activities in sustainable development and discloses data on a number of key sustainability performance indicators. “Reflecting our vision to provide foundations for society’s future sustainable environmental performance and corporate responsibility are firm parts of Holcim’s business strategy,” notes CEO Bernard Fontana. “This mindset has also been part of the foundation of our Holcim Leadership Journey and the performance indicators we release with the report confirm that we are making further progress in reaching our sustainability targets.”
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Guy Edwards has been appointed Aggregate Industries US chief operating officer, bringing a resume spanning management roles for the United Kingdom operations of Hanson, Tarmac and Aggregate Industries predecessor, Bardon. He will be tasked with strategy implementation and business improvement, and assessing the organization’s structure, efficiency and performance.
Read MoreA definitive agreement with Aggregate Industries US, centered on ready mixed production and fleet assets at 14 Meyer Material Co. sites, has netted Ozinga Bros. Inc. an expanded footprint across seven northern Illinois counties. The deal transfers concrete plant operation and delivery to Ozinga Ready Mix Concrete, while Aggregate Industries/Meyer Material maintains six aligned sand & gravel properties.
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The iconic Prahran Hotel, a corner pub located outside of Melbourne, Australia, was renovated last year to include an eye-catching art deco façade created from 17 oversized stacked concrete pipes. The 2.5- to 7.4-ton precast pipes were provided by Humes, a division of Holcim Austraila.
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