Rock Products

JUN 2018

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www.rockproducts.com ROCK products • June 2018 • 67 LafargeHolcim Appoints New CEO of U.S. Cement LafargeHolcim announced the appointment of Jamie M. Gen- toso as chief executive officer of U.S. cement operations. Gentoso, a professional engineer, brings significant experience in the construction materials indus- try to help lead the organization through the next phase of growth. She succeeds John Stull, who was recently appointed CEO of Holcim Philippines. "Jamie has a proven track record in this industry, and her deep-seated expertise and strong focus on the customer will be valued contributions to LafargeHolcim in the United States," said René Thibault, LafargeHolcim Group executive committee member and region head, North America. "Having started her career at Holcim [as a technical service engineer], we know she will bring strong leadership to the organization, and drive continued growth and success across the Cement business." Gentoso joins LafargeHolcim from New Jersey-based Con- struction Specialties, an architectural building products manufacturer, where she held the position of vice president of sales and marketing. Prior to her role at Construction Spe- cialties, she served as senior vice president of concrete at Sika Corp. Jamie M. Gentoso Adverse Weather Hinders HeidelbergCement's First Quarter Results HeidelbergCement said its result from current operations before depreciation and amortization decreased by 34 percent to €252 million for the first quarter of 2018. The company noted that the long winter in North America and Europe impaired sales volumes and revenue as well as the result from current operations. During the first quarter, HeidelbergCement's cement and clinker sales volumes rose by 2 percent to 28.2 million metric tons (Mt). Declining sales volumes in Europe and North America were more than offset by significant growth in Asia-Pacific and Africa-Eastern Mediterranean Basin. In Asia, particularly Indonesia and India, contributed strongly to this growth. Deliveries of aggregates fell by 2 percent to 59.5 Mt (previ- ous year: 60.9). Strong growth in Asia-Pacific did not fully compensate for the weather-related decline in sales volumes in Europe and North America. Deliveries of ready-mixed concrete also decreased by 2 percent to 10.2 million cubic meters (previous year: 10.4) because of the adverse weather conditions. Net loss for the period was €23 million compared with a loss of €70 million a year earlier. Revenue fell by 4 percent to €3.6 billion; adjusted for currency and consolidation effects, revenue increased by 2 percent. "HeidelbergCement generated a profit in the seasonally weak first quarter and despite difficult weather conditions," said Dr. Bernd Scheifele, chairman of HeidelbergCement's managing board. "Our successful management of the port- folio and financial result more than compensated for the weather-related decline in operating result. With the pos- itive underlying market dynamics, we're confident that we can significantly increase our operational performance in the coming quarters and we remain committed to our goals for the financial year." PCA Recognizes Leading Environmental Stewards The Portland Cement Association (PCA) announced the win- ners of the 2018 Energy and Environment (E&E) Awards, recognizing outstanding environmental and community relations efforts. Submissions from plants across the United States were evaluated and recognized for environmental efforts completed in 2017. "The awards underscore how America's cement manufac - turers are focused on producing the highest quality product with a minimal environmental footprint," said PCA President and CEO Michael Ireland. "The companies selected for these environmental accolades demonstrate a strong culture of innovation that results in energy efficiency and sustainable manufacturing practices. They highlight that cement com- panies can be green while also making world-class cement products." Presented at the 2018 Cement and Concrete Fly-In event in Washington, D.C., the following plants were named 2018 E&E Award winners:

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