Mexico's Cemex fined for anti-competitive practices

According to a report on Reuters.com, Mexico's competition watchdog, known as Cofeco, fined cement giant Cemex 10.2 million pesos (US$800,500) for anticompetitive practices in a 2005 dispute regarding the company blocking a shipment of cheap Russian-made cement from entering the country. A rival group tried to import 26,000 tons of the Russian cement into Mexico, but the “Mary Nour” vessel was held up for months at a Mexican port and eventually turned away in 2005 after being blocked by Cemex.

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Despite improvements to economy, foreclosures continue to drag down housing starts, prices

Home foreclosures decreased dramatically in 2011, but industry experts are cautioning that this is not a reflection of improvements in the housing market, but a result of legal, process and “robo-signing” issues. At the 2012 International Builders’ Show in Orlando recently, Ed Sullivan, chief economist for Portland Cement Association, said that the 1.9 million foreclosures reported in 2011 is understated by more than 1 million due to the processing delays.

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Ash Grove Leamington plant wins top safety award

Ash Grove Cement Co.’s Leamington, Utah, plant won top honors in the company’s annual L.T. Sunderland Safety Excellence Award competition for 2011. Since 2006, eight Ash Grove cement manufacturing plants and two grinding facilities have competed to earn the award. Each facility is evaluated on an extensive matrix of data that is focused on health and safety process and results.

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