The Portland Cement Association has reduced its forecast for cement demand growth in the US on the back of bad weather and lower public spending.
Ash Grove Cement has received a second takeover bid, throwing CRH’s planned acquisition of the company into doubt.
Douglas Ruah will leave Summit Materials at the end of the year. Ruah has served as Executive Vice President and COO since 2013.
Mexican cement major, Cemex, has sold its remaining direct stake in Grupo Cementos de Chihuahua, which operates cement plants in Mexico and the US.
Ash Grove Cement Co. has promoted J. Randall Vance as President and CEO, assuming the roles from Charles Sunderland, who remains Chairman.
Martin Engineering’s CleanScrape primary cleaner has proved a success at removing sticky build up on a conveyor belt at St Marys cement plant.
Summit Materials’s cement business was boosted by higher sales and pricing in 2Q17, recording a 5.8% rise in net revenues.