Cement News tagged under: USA

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CRH announces completion of Ash Grove acquisition

21 June 2018, Published under Cement News

CHR has now completed the acquisition of Ash Grove Cement Co. The Irish building materials producer announced on 21 September 2017  it reached an agreement to acquire the Kansas-based cement company for US$3.5bn. The US Federal Trade Commission issued its consent order for the deal on 15 June 2018.

Martin Engineering opens new UK facility

20 June 2018, Published under Cement News

Bulk handling specialist Martin Engineering has opened a new facility in Mansfield, Nottinghamshire, UK, to offer an improved service to UK and Scandinavian customers. The team at Mansfield will be lead by Aaron Bartram, who has 30 years of experience running major production operations in the heavy building products sector. “The UK and Scandinavia are centres of excellence when it comes to bulk material handling and processing,” said Robert Whetstone, Martin Engineering’s European vice p...

US Cement receives key permit for white cement plant

19 June 2018, Published under Cement News

US Cement LLC has received a draft air permit from the Texas Commission on Environmental Quality for a white cement plant near the town of Brady. Groundbreaking for the 0.5Mta facility, which sits on a limestone deposit of 80Mt, is scheduled for the first half of 2019. Part of Royal White Cement, US Cement expects to invest more than US$200m in the plant, incorporating the latest production technology and environmental control systems. Some 300 workers will be needed during the construct...

CRH receives approval to acquire Ash Grove Cement

15 June 2018, Published under Cement News

CRH Plc has received regulatory approval to acquire Ash Grove Cement Co. The US Federal Trade Commission has issued its consent order, with the US$3.5bn transaction expected to close in June 2018. CRH has agreed to divest assets to secure antitrust approval for the deal. As a result, the company will sell a cement plant and quarry in Montana, sand and gravel pits in Nebraska and four facilities (two limestone quarries and two asphalt plants) in Kansas, according to Reuters.

GCC acquires Trident Cement, sells OK and AR ready-mix operations

15 June 2018, Published under Cement News

Meixcan cement producer Grupo Cementos de Chihuahua (GCC) received regulatory approval for the purchase of the 0.315Mta Trident cement plant in Three Forks, Montana, USA, from CRH, as well as the sale of its ready-mix concrete operations and transportation assets in Oklahoma and Arkansas. Following the transaction GCC owns eight cement plants in the US and Mexico, with a total production capacity of 5.4Mta. In addition, the company expects to commission the expansion of its cement plant in...

Titan releases its 2017 Annual report

14 June 2018, Published under Cement News

Titan Group has released its 2017 Annual Report online . The report highlights the financial performance of the group that had a turnover of EUR1505.8m, EBITDA of EUR273.4m, profit after taxed of EUR42.7m and capital expenditure of EUR122.6m. "This stable performance reflects our ability to capitalise on the opportunities offered by the continuing growth in the US market and to minimise the impact of adverse developments in Egypt and Greece," said Titan Group CEO, Dimitri Papalexopoulos. ...

US-Puerto Rico Portland and blended cement shipments down 1% in March 2018

11 June 2018, Published under Cement News

Total shipments of Portland and blended cement in the USA and Puerto Rico slipped to to 7.42Mt in March 2018 when compared to March 2017, according to the US Geological Survey (USGS). In March 2017 total shipments reached 7.49Mt. The largest state markets were Texas, California, Florida, Georgia and Pennsylvania, in descending order, which accounted of around 46 per cent of domestic demand. Leading producing states were Texas, California, Missouri, Florida and Alabama, in descending order...

Disposals or growth for CRH?

08 June 2018, Published under Cement News

Last week, CRH made an announcement that it was creating a new global Building Products division which would start operation in January 2019 by merging its European Distribution and Americas Products divisions. Due to the company's enlarged scale, it sees opportunities for further value creation for its shareholders and is looking to maximise its network to improve its global products business. This comes after several years of re-positioning itself post-financial crisis when several of th...

CRH to create new global Building Products division

31 May 2018, Published under Cement News

CRH plc will establish a new global Building Products division from 1 January 2019, bringing together its Europe Lightside, Europe Distribution and Americas Products divisions. Under the leadership of Keith Haas (currently President, Americas Products), this new platform will operate alongside our Americas Materials and Europe Materials divisions, leveraging CRH's scale and network opportunities across the company's global products businesses, CRH stated. David Dillon (currently President...

Cementos Argos sees falling volumes

18 May 2018, Published under Cement News

Cementos Argos released its 1Q18 results this week , announcing revenues of COP1.9trn (US$670m), but cement sales fell by 4.1 per cent to 3.7Mt and ready-mix volumes by 7.5 per cent to 2.4Mm 3 . ICR reviews the state of Cementos Argos' regional markets and guidance going forward. The outlook for the cement and ready-mix market for the rest of the year remains positive, mainly boosted by the residential segment, which is expected to continue gaining momentum, supported by the solid fundam...