Cement News tagged under: Asphalt

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GB sales of heavy-side building materials slump in 2Q20

04 August 2020, Published under Cement News

The latest statistics released by the Mineral Products Association (MPA) show that sales of heavy-side building materials, including aggregates, ready-mix concrete (RMC), asphalt and mortar saw unprecedented declines during the 2Q20. Aggregates sales volumes were 38 per cent lower, RMC 39 per cent and asphalt 28 per cent on a quarterly basis. The swift closure of housebuilding sites as the lockdown was announced in March resulted in the mortar market suffering an even sharper fall in deman...

Cemex divests of its Pacific Northwest Materials business in the US

18 April 2017, Published under Cement News

Cemex announced that one of its subsidiaries in the US has signed a definitive agreement for the sale of its Pacific Northwest Materials Business to Cadman Materials Inc, a LehighHanson company and US subsidiary of HeidelbergCement Group, for approximately US$150m. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The closing of this transaction is subject to the satisfaction of certain conditions, including approval...

USA: Vulcan Materials sees 15.6% profit improvement

04 May 2016, Published under Cement News

Vulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 15.6 per cent higher at US$754.7m while EBITDA doubled (+100.3 per cent) to US$155.9m. At the trading level, the first-quarter profit went from US$10.8m to US$64.9m and the net interest charge in the period dropped by 46.1 per cent to US$33.7m, giving a swing at the pretax level from a loss of US$50.7m to a US$30.5m profit and at the net attributable level the loss was replaced by a US$18.9m profit. Agg...

Tarmac unveils GPB6.6m asphalt plant, UK

17 September 2015, Published under Cement News

Tarmac yesterday unveiled a state-of-the-art asphalt plant in Hertfordshire, UK. The GBP6.6m plant replaces an older 1960s operation. It has greater capacity, is more efficient, and can manufacture a wider range of products, including lower temperature asphalts.  Among the plant's highlights, it is the first UK plant to use high capacity cold Recycled Asphalt Planings (RAP) technology to create mixes containing up to 55 per cent recycled content, supporting Tarmac’s commitment to increase...

UK building products: volumes up

01 May 2015, Published under Cement News

The Mineral Products Association (MPA) reports that sales volumes of aggregates, ready-mixed concrete and asphalt improved again in the first quarter of 2015. Seasonally-adjusted results, which provide a consistent quarter-by-quarter comparison, indicated that UK crushed rock and sand and gravel sales volumes rose by 2.2 and 3.6 per cent, respectively compared to 4Q14. Ready-mixed concrete and asphalt sales were up by 1.3 and 1.2 per cent up. Annual sales of cement grew by 7.8 per cent in 20...

PCA: as oil prices fall, cost of asphalt is on the rise

18 February 2015, Published under Cement News

Despite falling oil prices, the cost of paving with asphalt continues to rise across the US. A recent analysis from the Portland Cement Association (PCA) shows that asphalt prices have reached record highs during the last six months. Oil prices declined 44 per cent in the second half of 2014, and during the same period asphalt prices increased 1.5 per cent. A decline in asphalt prices has yet to materialise given six months of data since the beginning of the oil price decline, the normal la...