Cement News tagged under: USA
USA: TXI 1Q13 results reap the benefits of new line start-up03 October 2013, Published under Cement NewsTexas Industries Inc saw first quarter turnover increase by 33.6 per cent to US$233.1m, while corporate overheads were reduced by 15 per cent to US$8.7m and the EBITDA advanced by 94.2 per cent to US$37.3m. The interest charge jumped by 123.4 per cent to US$17.4m, reflecting the start-up of the Hunter cement plant in Texas, and at the pre-tax level there was a swing form an underlying loss of US$7.5m to profit of US$0.6m. At the net attributable level there was a swing from a US$2.7m loss ... |
USA: conservation group eyes Davenport cement plant03 October 2013, Published under Cement NewsLos Altos-based Sempervirens Fund, one of several conservation groups to recently secure 8500 mountainous acres above the Davenport cement facility, formerly owned by Cemex, is interested in acquiring the plant site as part of an ambitious plan to permanently protect the sparsely populated, postcard-beautiful coastal mountains above Santa Cruz. The idea is in the very early stages, but Sempervirens Fund recently received a US$10,000 grant from the Center for Creative Land Recycling to furt... |
USA: Lehigh Cement may face new challenge to quarrying rights03 October 2013, Published under Cement NewsLehigh Cement may face a challenge to its legal rights to mine on approximately 13 of 19 parcels of land at the cement facility and quarry located just outside Cupertino. The Midpeninsula Regional Open Space District is hoping to overturn a 2011 decision by the Santa Clara County Board of Supervisors to allow Lehigh cement to operate on the land in dispute. Crucially the supervisors' decision means Lehigh is exempt from many Santa Clara County requirements for a discretionary use permi... |
US to drive gains in Cemex EBITDA – report23 September 2013, Published under Cement NewsThe US construction sector is expected to be the main driver behind an annual 12.6 per cent rise in Cemex’s EBITDA over the next five years, a report by Banco Monex has stated. Cemex is expected to achieve an annual growth rate in sales and EBITDA of 6.7 per cent and 12.6 per cent respectively over the next five years, driven by a recuperation of the US construction sector, the report said. In the first half of this year, Cemex’s United States, turnover advanced by a further 8.4 per cent t... |
CRH announces US management changes19 September 2013, Published under Cement NewsCRH plc announces that Doug Black, chief operating officer of Oldcastle, Inc (the holding company for CRH's interests in the Americas) is leaving the group to pursue other interests. As a result of this, Randy Lake, chief executive of Oldcastle Materials, Keith Haas, chief executive of Oldcastle Building Products, Bob Feury, chief executive of Oldcastle Distribution and Joe Myers, president of Oldcastle Building Solutions, will report directly to Mark Towe, chief executive of Oldcastle. C... |
PCA sees higher demand growth from 201413 September 2013, Published under Cement NewsWhile an unusually wet spring and early summer impacted cement consumption in the first quarter of 2013, it has not put a dampener on the opportunity for strong growth in the construction sector in 2014 and beyond, the Portland Cement Association (PCA) writes in its latest forecast. The industry association sees cement consumption increasing by a modest four per cent in 2013, but will approach double-digit growth in 2014 and 2015, with 9.7 per cent consumption increases in both years. "... |
US June shipments down slightly YoY10 September 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico during June 2013 were about 7.6Mt, down slightly from the same month of the year before, data from the US Geological Survey shows. Shipments through the year were 37.2Mt, essentially unchanged. The leading Portland cement producing states in June were Texas, Missouri, California, Michigan and Florida, in descending order and these accounted for about 45 per cent of total shipments for the month. The leading consuming ... |
Roanoke Cement recognised for environmental achievements09 September 2013, Published under Cement NewsRoanoke Cement Company, a subsidiary of Titan America, has been formally recognised as an Exemplary Environmental Enterprise within the Virginia Environmental Excellence Program (VEEP). VEEP was established in 2000 and RCC was "accepted" as its initial cement producing facility. The facility-based track promotes the use of environmental management systems (EMS) and pollution prevention and serves to help organisations minimise the affect of their operations on the environment. The ... |
USA: cement company seeks to stop pipeline19 August 2013, Published under Cement NewsEssroc Cement Corp is suing to stop a natural gas pipeline from running through its Lawrence County property. Nazareth-based Essroc Cement Corp filed the lawsuit last Tuesday to stop the line, which is slated to go through the company’s land in North Beaver Township. The lawsuit names three defendants: NiSource Corporate Services and Pennant Midstream LLC, both of Columbus, and Houston-based Hillcorp Energy, which has a local office in New Castle. According to the lawsuit, Essroc owns... |
Acquisitions, improved markets drive Eagle's 1Q08 August 2013, Published under Cement NewsIn the first quarter of its financial year to 31 March 2013, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, rose by 43.7 per cent to US$255.4m as the company was boosted by acquisitions and improving markets. Trading profit more than doubled (+108.9 per cent) to US$49.47m and after an interest charge 31.6 per cent higher at US$4.96m, the pre-tax profit advanced by 123.5 per cent to US$44.51m and the net attributable profit emerged 115.4 per cent ... |