Cement News tagged under: USA

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Argos reports 11% rise in revenues in 2019

23 March 2020, Published under Cement News

On a consolidated basis, Colombia-based cement producer Argos reported an 11.4 per cent increase in revenues and a 14.3 per cent increase in EBITDA during 2019. The year ended satisfactorily with advances of 11.4 per cent in revenues and 14.3 per cent in EBITDA. Operations in the USA saw significant volume growth and prices in Colombia and the Caribbean recovered. The Central America region maintains conjunctural difficulties in Honduras and Panama, which was offset to some extent by the ...

Cement industry and the COVID-19 crisis

20 March 2020, Published under Cement News

This week has seen growing action and concern from the construction and cement sectors on how best to fight off the coronavirus (COVID-19), which was declared a pandemic on 11 March, to keep businesses running and employees safe. Many countries have already announced emergency financial packages and stimulus measures to support businesses and protect livelihoods, as countries impose social distancing measures and quarantine measures to slow the virus. The latest reports reveal that buildi...

US growth settles down

19 March 2020, Published under Cement News

While the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Association (PCA) forecasts modest growth for the cement sector in the medium term. By Ed Sullivan, PCA, USA. Figure 1: US economic growth, 2001-23 (Source: PCA) The United States economy and construction market are expected to remain relatively strong during 2020-21. However, the economy is entering a mature stag...

Bedeschi wins material handling order in USA

18 March 2020, Published under Cement News

Bedeschi SpA has been awarded by KHD Humboldt Wedag International AG the contract for clay crushing and handling equipment at the Lehigh Mitchell plant. Bedeschi is supplying two complete crushing units, including an apron feeder and a double roller crusher, as well as a blending stacking and reclaiming longitudinal system for limestone, a clay apron conveyor and a 700m-long pipe conveyor for cement. The pipe conveyor is similar to the one in the image. Bedeschi has won an order in t...

Buffalo Fuel to open new US$2.2m alternative fuel facility

13 March 2020, Published under Cement News

US-based Buffalo Fuel Corp is planning to set up a new US$2.2m facility in Niagara Falls, New York, USA, for processing tyres and recyclable paper into fuel for cement kilns. The company has applied to the Niagara County Industrial Development Agency (NCIDA) board for a 15-year tax break for the project that would save it US$527,000 in total. Aaron Santarosa, vice president, said the recycling project can use paper waste and mix it with rubber from the tyres, with the company already havin...

FCT Combustion wins Titan Cement burner order

13 March 2020, Published under Cement News

FCT Combustion has been awarded an EPC contract to convert Titan Cement's existing 5000stpd kiln system at its Pennsuco plant in Florida, USA, for 100 per cent natural gas firing. The scope comprises a new Gyro-Therm™ Mk3 burner with dual fuel capability as well as a spare Gyro-Therm™ Mk3 burner with 100 per cent natural gas firing capability. Accessories, field instruments, BMS and valve train will also be supplied for the safe and optimised operation of the system according to NFPA 86. A...

Cemex and Buzzi Unicem complete Kosmos Cement sale to Eagle Materials Inc

09 March 2020, Published under Cement News

Cemex has divested its 75 per cent share in its partnership with Buzzi Unicem of Kosmos Cement in Louisville, Kentucky, USA, to Eagle Materials Inc. The divestment is for an aggregate amount of US$665m, of which Cemex will receive approximately US$499m. Meanwhile, Buzzi Unicem has sold its 25 per cent share in Kosmos Cement to Eagle Materials Inc. The deal includes the divestment of the Louisville cement plant and seven terminals and raw material reserves.

Masaveu doubles US exports in 2019

27 February 2020, Published under Cement News

Masaveu has doubled its export shipments to the USA from its Tudela Veguín plant in Spain in 2019. The US is now the third-largest market for the cement producer, representing an export volume of 118,673t in 2019, compared to 50,061t in the previous year. The exports to the US account for 18.3 per cent of the company’s total exports. To improve its export operations the company inaugurated a new terminal in Muelle Norte, to expand its El Musel facility, at the end of 2019. It is the third ...

GCC reports record 4Q19 US net sales

21 February 2020, Published under Cement News

Grupo de Cemento de Chihuahua (GCC), the Mexican cement producer that serves cement and concrete markets in USA, Mexico and Canada had 4Q19 consolidated net sales increased 11 per cent to US$228.6m, while EBITDA increased by 49.6 per cent to US$86.4m in 4Q19. GCC's consolidated net sales in 2019 increased by 5.8 per cent to US$934.1m. EBITDA increased 13.9 per cent to US$ 292m. During 2019 GCC opened a new cement terminal opened in Fort Stockton, Texas, USA. Two long-term agreements were ...

Eagle Materials announces new chairman and CEO for independent companies

13 February 2020, Published under Cement News

The Eagle Materials Inc Board of Directors approved a plan in 2019 to separate its Heavy and Light Materials businesses into independent, publicly-traded companies by means of a tax-free spin-off to Eagle shareholders. Significant progress has been made on this plan since the announcement, and the Company continues to target the summer of 2020 for the completion of the separation. The Board of Directors announced the selection of the Chairman and CEO for each of the two companies, which w...