Cement News tagged under: North America
Argos' adjusted EBITDA totals COP672bn in 4Q2322 February 2024, Published under Cement NewsFor the fourth quarter of 2023, Argos ' adjusted EBITDA stood at COP676bn (US$172.2m), increasing 12 per cent compared to 4Q22. The results were driven by strong pricing dynamics, especially in the US, combined with cost efficiencies in both Colombia and the US. Adjusted EBITDA margin stood at 23.2 per cent for the quarter, increasing 393 basis points versus 2022 on a comparable basis. In terms of volumes, total cement dispatches reached 3.8Mt, with a contraction of 2.3 per cent, caus... |
St Constant plant switches over to OneCem® production21 February 2024, Published under Cement NewsLafarge Canada ( Holcim ) has achieved full transition of production from traditional general-use cement to OneCem ® a greener product that results in significantly lower CO 2 emissions, at St Constant Cement plant in Quebec. "We are excited to take another crucial step in our sustainability journey. The transition to OneCem production at our St-Constant plant indicates Lafarge Canada's nonstop commitment to driving positive change within our construction industry. Our teams have be... |
Technip Energies awarded CCUS design and engineering contract19 February 2024, Published under Cement NewsTechnip Energies, a world-leading engineering and technology player for the energy transition, has been selected as one of the partners for a front-end engineering and design (FEED) contract for the carbon capture technology for Heidelberg Materials North America 's Edmonton Carbon Capture, Utilisation, and Storage (CCUS) Project. Powered by the Shell CANSOLV ® CO 2 capture system, the Technip Energies solution which will be the basis of the FEED study, offers cutting-edge performance b... |
Electrified Thermal Solutions secures US$5M decarbonisation funding19 February 2024, Published under Cement NewsIn late January, the US Department of Energy (DOE) announced a US$171m investment, funding 49 projects across 21 states to help cut industrial greenhouse gas (GHG) emissions. Electrified Thermal Solutions (ETS), along with industrial partners 3M, Buzzi Unicem USA and Army’s Kitchen , were among the recipients of the award to decarbonise industrial heat in manufacturing, cement, food, chemicals and other sectors. ETS will use the cost matching funds from the grant to build and operate t... |
Summit reports 10% revenue advance in 202316 February 2024, Published under Cement NewsSummit Materials has announced a 19.8 per cent YoY increase in net revenue to US$613.1m in the fourth quarter of 2023. Adjusted EBITDA over the same period advanced by 14.5 per cent to US$136.5m. The three-month period saw its aggregates business report a 5.7 per cent YoY increase in sales volumes, while cement sales volumes declined 11.1 per cent. Ready-mixed concrete volumes were up 14.8 per cent YoY in the 4Q23, while asphalt volumes advanced by 34.7 per cent. For 2023 as a whole, t... |
Lafarge Canada completes transition to greener cement16 February 2024, Published under Cement NewsLafarge Canada has announced the full transition of production from traditional general-use cement to OneCem ® , a greener product that results in significantly lower CO 2 emissions, at its St-Constant cement plant in Quebec. “We are excited to take another crucial step in our sustainability journey. The transition to OneCem production at our St-Constant plant indicates Lafarge Canada's nonstop commitment to driving positive change within our construction industry. Our teams have be... |
US and Puerto Rican market expands 3% in November15 February 2024, Published under Cement NewsTotal cement dispatches of Portland and blended cement in the USA and Puerto Rico, including imports, picked up by 2.6 per cent YoY to 8.7Mt in November 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 4.8Mt, or 99 per cent, was estimated to be Portland limestone cement. The leading markets in the US were Texas, California, Florida, Ohio and Georgia. The leading producing states for Portland and blended cement were Teas, Missouri, California, Florida ... |
Medcem announces terminal partnerships in UK15 February 2024, Published under Cement NewsTurkey’s Medcem has announced a partnership with Brett Concrete, one of the largest independent concrete companies in the UK, to establish a terminal at Sheerness Port in Kent, UK. The terminal, which will have a storage capacity of 80,000t, is expected to be operational by July 2024. According to Medcem, the new facility will handle various cementitious products, primarily dry ash. Medcem also has another terminal investment underway in the UK, following its partnership with two indep... |
CalPortland launches dedicated Carbon Reduction Team14 February 2024, Published under Cement NewsCalPortland has announced the creation of a Carbon Reduction Team focussed on research and development and the implementation of decarbonisation projects. The team will be led by Hamed Maraghechi, vice president of Research & Development and Decarbonisation at CalPortland, and Hartmut Riess, vice president of Carbon Reduction Implementation. According to the company, the team will be dedicated to science-driven research and analysis to develop projects that lead to meaningful and innov... |
Sublime Systems wins award to advance electrolyser technology14 February 2024, Published under Cement NewsUS-based Sublime Systems has been awarded US$6.7m from the Department of Energy Industrial Efficiency and Decabonization Office to advance its innovative electrolyser technology. The company claims to have found a way to make cement that eliminates 90 per cent of the carbon emissions associated with making ordinary cement. Sublime Systems was one of 49 projects selected to receive US$171m in funding from the Industrial Efficiency and Decarbonization Office. The company’s project that ... |