Cement News tagged under: Summit Materials Inc

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Summit Materials Inc records revenue of US$631.9m in 1H22

17 August 2022, Published under Cement News

Summit Materials Inc reported net revenue of US$631.9m in the 1H22, a rise of 2.2 per cent from US$618.5m in the 1H21. This advance is due to increases in average sales prices across all lines of the business which more than offset volume declines due primarily to divestitures. Net income rose to US$111.2m during this period, up from US$95.9m in the 1H21. Adjusted EBITDA increased by US$0.2m, or 0.1 per cent, to US$164m. The cement business saw net revenue increase 9.1 per cent to US...

Summit Materials publishes 2021 ESG and DEI reports

07 April 2022, Published under Cement News

Summit Materials Inc has published its 2021 environment, social and governance (ESG) report and its inaugural diversity, equity and inclusion (DEI) report.   These reports provide an update on progress made in the past year on our commitment to becoming the most socially responsible construction materials solution provider. It’s the result of a team effort reflecting engagement from each of the company's regions on our impacts, and how Summit Materials can best address them.    ...

Davenport plant switches to Portland limestone cement production

01 April 2022, Published under Cement News

Summit Materials Inc announces that its Davenport plant , operated by Continental Cement Co LLC, has converted 100 per cent of its annual production to Portland limestone cement (PLC). In 2021, the Davenport plant produced approximately 1.1Mt of cement. "Continental Cement Company has been working with our customers and specifiers to commercialise Portland Limestone Cement (PLC) in all of our markets, and we are delighted that PLC adoption has progressed quickly," commented David Lo...