LafargeHolcim CEO Resigns

Eric Olsen, CEO of LafargeHolcim, has resigned effective July 15, two years after taking up the CEO role and assuming responsibility for successfully implementing the merger of Lafarge and Holcim. His resignation is in response to the controversy regarding payments the company made to armed groups in Syria to ensure staff safety.

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March Construction Starts Climb 5 Percent

New construction starts in March increased 5 percent to a seasonally adjusted annual rate of $743.7 billion, marking the third straight monthly gain, according to Dodge Data & Analytics. The total construction growth in March was led by the nonbuilding construction sector, and particularly by public works, which featured the start of two large pipeline projects – the $4.2 billion Rover natural gas pipeline in Ohio and Michigan, and the $2.5 billion Mariner East 2 propane and natural gas liquids pipeline in Pennsylvania.

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Cemex USA Wins 3 Global Health and Safety Awards

Cemex USA showed it is helping set the standard inside global Cemex by winning three Cemex Health and Safety Awards this year, highlighting safety and innovation.

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Cemex Sells Pacific Northwest Materials Business

Cemex, S.A.B. de C.V. announced that one of its subsidiaries in the United States has signed a definitive agreement for the sale of its Pacific Northwest materials business consisting of aggregate, asphalt and ready mix concrete operations in Oregon and Washington to Cadman Materials Inc., a LehighHanson company and U.S. subsidiary of HeidelbergCement Group, for approximately $150 million.

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