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CEMEX, S.A.B. de C.V. announced today that, in solidarity with the Haitian people, the company is responding to this humanitarian emergency by collaborating in relief efforts with the governments of Mexico and other countries, international institutions, and social organisations.
Cimpor has received and rejected a proposed takeover bid from Brazilian company CSN.
The US Geological Society has issued a statement regarding the performance of gypsum in terms of consumption and demand in October 2009. Generally there was an improvement in consumption month-on-month, although the year-on-year performance is still poor.
Results have been released from the USGS concerning the production of gypsum in September 2009.
The Brazilian steel producer Companhia Siderurgica Nacional (CSN) has launched a €3.86 billion takeover bid for Portugal’s biggest cement producer.
October 2009 was the 41st consecutive month where cement shipments were lower than in the corresponding month last year, and although the construction industry is showing signs of improving, nonresidential construction does not look so healthy.
Cemex has announced the closing of its offer to exchange Certificados Bursátiles into mandatorily convertible securities.
The EPA issued a statement on Monday (7 December) that confirms the findings of its investigations into greenhouse gases and human health.
The first batch of cement has left Florida’s Port Everglades heading for Panama, as part of Titan Cement’s export project.
Geo-Green CreteTM is to hit the small screen in a US television documentary about energy efficient homes.
In a webcast out yesterday (9th December), the PCA looks at the future for the US cement industry, which ought to be bright. From 2010, demand is predicted to increase year-on-year through 2011 and 2012.
Although recent economic news and activity may suggest a technical end to the 'Great Recession,' the conditions facing the construction industry are likely to remain weak for another year or more, causing a drag on cement consumption, according to the most recent economic forecast from the Portland Cement Association (PCA).