Fitch Ratings raises the credit outlook of Cementos Argos to ‘Positive’
The company has received an upgrade in its credit rating outlook, going from ‘Stable’ to ‘Positive’ according to Fitch Ratings, an international credit rating agency.
The Americas
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CEMEX expands use of renewable diesel at California operations
The company has announced that it is continuing to expand its use of low carbon alternative fuels at several of its California operations, utilising renewable diesel to power trucks and machinery as part of its global Future in Action programme.
LafargeHolcim US plants transition to low-carbon Portland Limestone Cement
The company has announced that its Ste. Genevieve and Alpena cement plants, located in Bloomsdale, Missouri, and Alpena, Michigan, have transitioned to OneCem® Portland limestone cement (PLC) production.
Holcim Costa Rica obtains Positive Packaging certificate
The subsidiary has become the first of the Holcim group to obtain the Positive Packaging distinction.
GCC completes the issuance of a sustainability-linked bond
The company has completed the issuance of a US$500 million sustainability linked bond with an interest coupon of 3.614% and a maturity date of April 2032.
Lehigh Hanson finalises acquisition of Corliss Resources
HeidelbergCement’s North American subsidiary Lehigh Hanson has finalised the acquisition of Corliss Resources.
Cement Association President and CEO Michael McSweeney to retire Adam Auer appointed as new President and CEO
The Cement Association of Canada (CAC) today announced the retirement of long-time President and CEO Michael McSweeney who led the organization for 12 years.
CEMEX to divest operations in Costa Rica and El Salvador
This transaction further advances the goal under CEMEX’s strategic plan, Operation Resilience, to optimise its global portfolio.
Holcim completes acquisition in the US Pacific Northwest region
The company has completed the acquisition of Cowden Inc. This acquisition expands Holcim’s footprint in the Pacific Northwest region of the United States.
Argos to triple its export capacity from Cartagena
With an investment of close to US$42 million in the construction of a new terminal in the free trade zone of Cartagena, the company will triple its capacity to receive and export products compared to its current operation.
Argos announces investment project in Honduras
The company will make operational improvements to expand its installed production capacity nationwide.
Saint-Gobain and Cementos Argos partner to develop mortar solutions in Colombia
This project aims to strengthen the leadership and growth of both companies in the region by improving the offer of a comprehensive range of solutions for light and sustainable construction.
Cementos Pacasmayo adds new pyro line from FLSmidth’s MissionZero programme
The new pyro line at the site in Pacasmayo, north of Lima in Peru, will increase clinker production capacity by approximately 600 000 tpy.
Lafarge Canada awarded for contribution to BC transportation
The company has been acknowledged as part of the ‘BC Transportation Contractor of the Year Awards of Excellence’.
Holcim completes bolt-on acquisition in the US
The company has completed the acquisition of Marshall Concrete Products.