The Americas

The President and CEO of REXA has announced that he will be retiring at the end of the year.

Earnings in Summit Materials cement business jumped by almost a fifth in 3Q17 on higher cement sales volumes and price improvement.

LafargeHolcim reported a solid rise in like-for-like cement sales in 3Q17, while earnings benefitted from growth in the Americas and Europe.

CRH’s takeover of Ash Grove Cement gained shareholder approval, after a rival bid from Summit Materials failed to materialise.

Cemex is to contributing to the construction of the Río Magdalena 2 Highway infrastructure project in Colombia. 

Cemex has been recognised for its commitment to energy conservation and land stewardship.

Cemex is providing ready-mixed concrete for the new Golden State Warriors complex.

Three Colombian cement producers are facing sanction by the country’s competition authorities over allegation of cement price fixing.

China will drag down average cement consumption growth over the next five years, as the country continues to battle overcapacity, counterbalancing a rosier outlook elsewhere.

Cemex has received carbon neutral certification on its entire fleet in Colombia.

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.

McInnis has been recognised for its new plant’s contribution to the local economy.

Along with Cemex Latam, Cemex has been selected as a member of the 2017 FTSE4Good Emerging Latin America Index.

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.