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Cemex USA awarded 2019 Energy Star Partner of the Year 16 April 2019
US: Cemex USA has been awarded the 2019 Energy Star Partner of the Year by the Environment Protection Agency (EPA) for its efforts in energy management. It was presented with the award by the EPA and the US Department of Energy at a ceremony in Washington, DC.
“At Cemex, sustainability is key to our vision of building a better future, embedded in our core business strategy and day-to-day operations,” said Cemex USA President Ignacio Madridejos. “We strive to conserve energy where possible with energy management initiatives, and many of our operations have received repeated recognition for their efforts. Cemex is also incorporating the use of more alternative fuels.”
China: Germany’s Wacker Group has opened a new competence centre for cement and concrete applications in Shanghai. The laboratory will develop silicone based products and solutions which are able to improve the performance of cement and concrete and to make these materials more sustainable. Special focus is on silicone admixtures and performance enhancers.
“As a regional innovation platform focusing on cement and concrete, the new lab will cooperate with leading Chinese universities, research institutions and the industry. Its goal is to develop innovative products and solutions which support the sustainable development of the Chinese construction materials industry,” said Paul Lindblad, president of Wacker Greater China.
At its new competence centre in Shanghai, Wacker will be able to investigate how silicone chemistry can protect cement and concrete against environmental influences and, at the same time, improve the durability of these materials.
Cemex Colombia strikes deal to start Maceo cement plant 15 April 2019
Colombia: Cemex Colombia has reached a deal with the Attorney General allowing it to operate its Maceo cement plant in Antioquia. Under the terms of the government-brokered agreement Cemex will lease the land from CI Calizas y Minerales for around US$15,000/yr, according to the El Espectador newspaper. The lease has a duration of 21 years and this can be extended by another 10 years.
In 2016 Cemex fired several senior staff members in relation to the Maceo project and its subsidiary’s chief executive resigned. This followed an internal audit and investigation into payments worth around US$20.5m made to a non-governmental third party in connection with the acquisition of the land, mining rights and benefits of the tax free zone for the project. The US Department of Justice is also investigating the project.
Argentina: Loma Negra and tyre manufacturer Bridgestone have started a partnership to re-use water in the Llavallol suburb of Buenos Aires. Bridgestone will provide Loma Negra with 200,000l/days of filtered water for use at its operations, according to the Mercado newspaper. In return Loma Negra will use less water from the local aquifer.
CRH preparing to sell European Distribution business 15 April 2019
Ireland: CRH has appointed Bank of America to sell its European Distribution business. The sale is valued at around Euro2bn and is expected to start in May 2019, according to sources quoted by Reuters. Private equity companies including Advent, Lone Star and CVC have been linked to the sale. CRH is due to issue a trading updating in late April 2019.