Holcim to increase cement prices, effective Aug. 1, primarily due to rising energy, operating costs and anticipated environmental regulations costs
June 15, 2011
– Holcim (US) Inc.(www.holcim.us), one of the nation's leading manufacturers and suppliers of cement and mineral components announced today that the company will increase cement prices effective August 1, 2011.
The price increase is due primarily to burgeoning energy and operating costs, in addition to costs associated with anticipated environmental regulations.
"Like many companies, Holcim has undertaken several cost reduction projects over the past few years and has successfully increased efficiencies in many areas," said Bernard Terver, president and chief executive officer of Holcim (US) Inc. "Unfortunately, it is not enough given the magnitude of the cost increases we are experiencing. In order to remain a sustainable manufacturer of cement in the United States, a price increase is unavoidable.
"We continue to be committed to our customers and to supplying them with high-quality products and services," continued Mr. Terver.
Customers will be contacted by their local Holcim (US) Inc. sales representative.
About Holcim (US) Inc.
Holcim (US) Inc. is a wholly-owned subsidiary of Holcim Ltd, and one of the nation's leading manufacturers and suppliers of cement and mineral components. Holcim (US) Inc. has approximately 2,000 employees and operates 15 manufacturing plants and over 50 distribution facilities in the United States.