Cement News tagged under: USA
Martin Marietta posts improved 3Q results06 November 2023, Published under Cement NewsMartin Marietta Materials Inc posted total revenues of US$1994.1m in the 3Q23, up 10.1 per cent YoY from US$1811.7m. Gross profit improved 38.6 per cent YoY to US$676m in the 3Q23 from US$487.8m. Net earnings from continuing operations saw a 47.8 per cent YoY increase to US$430.3m from US$291.2m in the year-ago period while adjusted EBITDA improved 32.2 per cent YoY to US$705.2m from US$533.1m. Martin Marietta’s Building Materials business generated record revenues of US$1.9bn, up 10.5 p... |
ClimeCo leads development of low-carbon cement protocol03 November 2023, Published under Cement NewsClimeCo, a leading global sustainability company, recently leveraged its industrial and methodology expertise to lead the development of Climate Action Reserve’s (CAR) new US Low Carbon Cement Protocol. The protocol establishes a first-of-its-kind pathway to generate voluntary carbon credits from the production of novel and under-utilised alternative cementitious materials (ACMs) and supplementary cementitious materials (SCMs). Funds generated by these credits will be used to incentiv... |
Grupo UNACEM completes Tehachapi acquisition03 November 2023, Published under Cement NewsGrupo UNACEM has successfully completed the acquisition of the 0.9Mta Tehachapi integrated cement plant, located in California, USA. This significant milestone enables the Peruvian cement producer to double its installed capacity and strengthen its position in the competitive southwestern market in the United States. Grupo UNACEM has extended a warm welcome to the Tehachapi cement plant and its 115 dedicated workers. “We are confident that, by working together, we will enhance... |
Chattanooga plant celebrates 100-year anniversary02 November 2023, Published under Cement NewsBuzzi Unicem USA’ s Chattanooga plant observed its 100th anniversary with a celebration held at the Chattanooga Convention Center this past weekend. Over 300 current employees, retirees, customers and other special guests attended the event. Highlights of the event included a history walk featuring photos and historical facts about the plant over the years, and the Nervi exhibit, displaying the work of Pier Luigi Nervi, the Italian architect who used reinforced concrete in his designs. ... |
Holcim US expands Ste Genevieve plant30 October 2023, Published under Cement NewsIn support of its commitment to sustainably supply the nation’s growing construction industry, Holcim US has announced a US$100m investment in its Ste Genevieve cement plant— the largest cement-producing facility in North America and one of the most technologically advanced and environmentally efficient facilities in the world. The expansion will increase the plant's cement production capacity by more than 600,000tpa while reducing net CO 2 emissions, increasing circularity and accele... |
Sublime Systems receives 90% CO2 reduction validation30 October 2023, Published under Cement NewsSublime Systems has announced a screening life cycle assessment (LCA) validating that its ordinary Portland cement (OPC) replacement process can eliminate more than 90 per cent of the global warming potential of cement manufacturing. Climate Earth, the leading provider of environmental product declarations (EPDs) for the concrete industry, conducted this LCA according to a widely-accepted industry method, avoiding controversial and unproven offset methodologies frequently used to enable... |
Strong 3Q results from Vulcan boost full-year forecasts27 October 2023, Published under Cement NewsVulcan Materials Co has reported revenues of US$2186m in the third quarter of 2023, up from US$2088m in the same period a year earlier. Gross profit over the same timeframe has advanced from US$493m to US$591m, while adjusted EBITDA has improved from US$507m to US$602m. In the 3Q23 the aggregates segment saw its gross profit increase by 17 per cent YoY to US$508m (equivalent to US$7.95/t), while the gross profit margin expanded 200 basis points. Cash gross profit per tonne improved 18... |
Continental Cement signs hydrogen MoU24 October 2023, Published under Cement NewsSummit Materials , in partnership with its subsidiary Continental Cement Co , has signed a Memorandum of Understanding (MoU) with PCC Hydrogen Inc (PCCH2), a producer of negative carbon intensity hydrogen, to develop a fuel replacement strategy to lower carbon emissions from Continental's cement manufacturing process. The project aims to deploy negative carbon intensity hydrogen derived from ethanol as a replacement fuel for the existing hydrocarbon fuels used as a source of heat in the... |
Heidelberg Materials named as Summit mystery bidder24 October 2023, Published under Cement NewsJust weeks after it was reported that Summit Materials had entered into an agreement to merge with the US operations of Cementos Argos , Heidelberg Materials is allegedly lining itself up to acquire Summit Materials. According to Bloomberg, Summit Materials has rejected two takeover bids from an “unnamed party” in recent weeks, which has since been revealed as Germany-based Heidelberg Materials. With Argos USA home to four integrated cement plants, around 140 ready-mixed concrete p... |
Ecocem proposal at Port of Los Angeles takes next step16 October 2023, Published under Cement NewsThe Port of Los Angeles has issued a Draft Environmental Impact Report (DEIR) for a proposed low-carbon cement processing facility at the port in Wilmington. According to Random Lengths News, Ecocem Materials Ltd , through its subsidiary Orcem California Inc, plans to construct a new processing facility at the port for the production of a low-carbon binder. The facility would import raw materials by ship, process them to manufacture the binder, then ship the product to customers via truc... |