LafargeHolcim to Close Paris, Zurich Offices

Consistent with its Strategy 2022, LafargeHolcim announced that it will close its head offices in Paris and Zurich by the end of the year, eliminating 200 jobs as part of a cost-cutting drive. Remaining positions in Switzerland will be moved to the company’s Holderbank site and a new corporate office in Zug. In Paris, remaining positions will be moved to Clamart, a commune in the southwestern suburbs of the city.

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March Cement Shipments Drop Slightly

Total shipments of portland and blended cement in the United States and Puerto Rico in March 2018 were about 7.4 million metric tons (Mt), slightly less than shipments in March 2017, according to the most recent USGS Mineral Industry Survey.

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Cemex Go Hits 10K Customer Milestone

Cemex announced that its digital platform Cemex Go, which simplifies and streamlines transactions with Cemex operations, has been adopted by upward of 25 percent of the company’s customer base worldwide since its launch in November 2017.

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HeidelbergCement Outlines New Vision 2020 Targets

During its Capital Markets Day 2018 last month, HeidelbergCement presented its Vision 2020, updating financial targets and strategic priorities for the three-year period starting 2018. The company envisions $1.8 billion to $2.4 billion in acquisitions, backed by $1.2 billion to $1.8 billion in non-core asset sales, plus savings realized from continuous efficiency improvements across its building material businesses.

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