News
Vicat Group subsidiary National Cement Co. of Alabama staged a ribbon cutting of a new production line at its Ragland, Ala. plant on July 21, capping a two-year, $300 million project that will increase plant capacity to 2 million tpy and help lower the company’s carbon footprint by at least 40%.
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it has completed the acquisition of a 53% stake in German aggregates company ProStein. The investment expands CEMEX’s aggregates business in the region while increasing the lifespan of its aggregates reserves in Europe. The company’s aggregates sales in Germany are expected to double with the acquisition.