News

Martin Marietta Materials announced that it has entered into a definitive agreement to sell the Tehachapi, California cement plant and related distribution terminals to CalPortland Company for $350 million in cash.

Horia Adrian, President and CEO of Holcim Philippines, Inc. said: “We are determined to deliver value to all our stakeholders despite soft market and cost pressures. Our strategy to embed sustainability in our operations is enabling us to manage current challenges and deliver sustainable business performance. We are committed to pursue initiatives to broaden our range of innovative and eco-friendly building solutions, advance operational efficiency through digitalization, and strengthen customer engagement for better business results and more positive impact.”

Argos, the cement company of Grupo Argos, presented its quarterly results, highlighting record revenues and strong demand for cement and ready-mix, mainly in the United States and Colombia, as well as stable operating results in an environment of high-cost inflation thanks to the success of its commercial strategy in all geographies, the flexibility of its fuel matrix and the partial hedging of fuel prices.

Slag Cement Association designed its Slag Cement University as a resource and central repository of educational resources on slag cement use in concrete construction.

Holcim US announced it has acquired the sand and gravel operation of Basic Construction Company, LLC, in New Kent County, Virginia.

The operation is the first investment by Cementos Molins, owner of Calucem, in the United States.

CEMEX, S.A.B. de C.V. (“CEMEX”) and CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, announced today that they are investing in a global early-stage venture fund, Zacua Ventures, that aims to tackle the construction industry’s biggest challenges in sustainability, productivity, and urbanization.