Cement News tagged under: US

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US December shipments – preliminary data

19 February 2015, Published under Cement News

Portland and blended cement shipments in December 2014 reached 6.24Mt, preliminary data from the US Geological Survey (USGS) shows. This takes full-year shipments to 88.53Mt, according to the initial indicators. Imports during December amounted to 545,259t, while for the full year they reached 7.31Mt. Clinker production for the final month of the year was 6.46Mt. For the full year clinker output totalled 74.93Mt. The full monthly report will be published in approximately two weeks.

Martin Marietta Materials boosted by Texas Industries

11 February 2015, Published under Cement News

Martin Marietta Materials, including Texas Industries from mid-2014, saw turnover increase by 34.2 per cent in 2014 to US$2958m and the EBITDA of US$631.2m was 59.9 per cent higher than the figure shown a year ago. The trading profit rose by 44.4 per cent to US$314.9m while the net attributable profit it improved by 12.8 per cent to US$155.6m.  Aggregates Martin Marietta's aggregates production rose by 15,3 per cent in 2014 to 134.31Mt (148.0543Mst) while the original business showed a ...

Cemex’ US EBITDA rises by 65% and trading loss almost eliminated

06 February 2015, Published under Cement News

Cemex' turnover improved by 3.2 per cent in 2014 to US$15,708.5m and the EBITDA advanced by 3.7 per cent to US$2740.5m, while the trading profit rose by 12.3 per cent to US$1275.6m. The net interest charge rose yet again and was up by 4.3 per cent to US$1608.4m, while the pre-tax loss was reduced by 53.2 per cent to US$124m and the net attributable loss emerged 39.8 per cent lower at US$507.3m.  Net debt, including perpetual notes, declined by 6.7 per cent during the year to US$16,291...

US recovery on a roll

23 January 2015, Published under Cement News

Continued, steady improvements are anticipated for US cement volumes and pricing through 2015. A widespread increase in construction activity is anticipated, but falling energy prices could present headwinds in certain areas. The US is expected to be the main source of global economic strength in 2015 by most forecasters with indicators trending upwards. The economy has been growing faster than previously forecast, and the IMF says a stronger housing market and business investment suggest...

PCA: positive gains in US residential housing expected

21 January 2015, Published under Cement News

Residential housing starts will be on the increase in 2015 according to the Portland Cement Association (PCA) with positive gains expected to continue next year. In his annual residential housing forecast during the 2015 International Builders Show, Edward J Sullivan, PCA Chief Economist and Group VP announced that housing starts will increase 20 per cent to 1.2 million units in 2015. This is up from roughly 950,000 units in 2014, and strong gains are also expected for 2016. Multifamily un...

US Jan-Nov shipments - preliminary data

19 January 2015, Published under Cement News

Portland and blended cement shipments in the US and Puerto Rico over the Jan-November 2014 period reached 82.39Mt, preliminary data from the US Geological Survey (USGS) shows. Of the total shipments, domestic dispatches accounted for 75.63Mt and imports the remaining 6.76Mt. In November 2014 alone, shipments reached 6.54Mt, comprising 5.95Mt of domestic sales and 588,720t of imports. Clinker production over the 12-month period totalled 68.47Mt while during November 2014 output amounted to...

US Jan-Oct shipments up eight per cent YoY

09 January 2015, Published under Cement News

Total shipments of portland and blended cement in the United States and Puerto Rico for the January-October 2014 period were 75.8Mt, an increase of eight per cent YoY, latest data from the US Geological Survey (USGS) shows. Shipments in October 2014 were 9.6Mt, up 10 per cent from the same month of the previous year. The leading portland-cement producing states in October were Texas, Missouri, California, Michigan and Alabama, in descending order, accounting for approximately 42 per cent of...

US residential market expected to accelerate in 2015

06 January 2015, Published under Cement News

The US housing market is expected to accelerate during this year, according to the latest commentary from Ed Sullivan, chief economist and group vice president of the PCA. Presenting the industry body’s 2015 residential forecast at International Builders Show, Mr Sullivan highlighted that recent growth in the economy, as well as continued added jobs to the United States workforce have 'fortified both economic and residential construction growth across the country.' On the back of these enc...

Nine Lafarge North America conservation projects certified by Wildlife Habitat Council

05 January 2015, Published under Cement News

Nine conservation projects at Lafarge North America sites across the US were certified or recertified this year by the Wildlife Habitat Council (WHC). Six of these projects fall under WHC's Wildlife at Work program, which oversees voluntary efforts that go beyond regulatory requirements to restore and conserve wildlife habitats on corporate-owned land. The remaining three projects operate under WHC's Corporate Lands for Learning certification, which goes a step further by opening up corporat...

CRH increases investment war chest

19 December 2014, Published under Cement News

CRH’s recent disposal announced this week is being viewed as positive for further development as it keeps in line with the company's efforts to streamline its portfolio and provides additional financial flexibility for acquisitions. On Tuesday CRH announced it had reached an agreement to dispose of its clay and concrete businesses in the UK and its clay business in the US. The move had been expected for a while with CRH said to be dissatisfied with the structural returns in the brick bu...