Cement News tagged under: USA
Drake Cement inaugurates new finish mill24 May 2022, Published under Cement NewsRicardo Rizo Patrón, chairman of Skanon, the Board of Directors of Skanon Investments and Skanon CEO, Enrique Rozas, visited the Drake Cement plant on 11 May to inauguration the new finish mill at Drake Cement, Paulden , Arizona, USA. With this new project, Drake Cement and Materials continues to expand, reduce its environmental footprint and improve sustainability while offering high-quality products to its customers. The new mill is a vertical roller mill and the draft environmental re... |
Eagle Materials reports 15% increase in revenue20 May 2022, Published under Cement NewsEagle Materials has reported record revenue of US$1.9bn in the FY22, up 15 per cent YoY. Net earnings advanced by 10 per cent to US$374.2m over the same period, while adjusted EBITDA from continuing operations improved by 15 per cent to reach US$657.4m. In the fourth quarter of the FY22, revenue increased by 20 per cent YoY to another record of US$413.1m, with net earnings advancing by 13 per cent to US$74.3m. Adjusted EBITDA from continuing operations also grew in the fourth quarter, up by ... |
Cement giants in the running for Sika admixture business20 May 2022, Published under Cement NewsHolcim and HeidelbergCement are reportedly among the companies competing for Sika AG’s US admixtures business, which is believed to be valued at US$800m-1bn. Sika is selling off the asset to satisfy regulatory approval following its US$5.6bn purchase of German-based MBCC Group, formerly BASF Construction Chemicals, from an affiliate of Lone Star Funds in November 2021. According to Bloomberg, Turkish conglomerate Haci Omer Sabanci Holding AS is also interested in the Sika business, having pl... |
Titan Group invests US$37m in Norfolk import terminal19 May 2022, Published under Cement NewsTitan Group is expanding its effective capacity in the USA with a new US$37m investment in its Norfolk import terminal in Virginia. The investment will upgrade Titan’s import capacity in the country while also allowing it to continue expanding its offering of low-carbon cement and cementitious products, contributing to the group’s net-zero goal. The Virginia investment, which is expected to be completed in 2023, includes the expansion of the Norfolk import terminal storage capacity with a... |
Inflationary pressures impact Argos results in the 1Q2211 May 2022, Published under Cement NewsArgos ( Grupo Argos ) reports its 1Q22 generated record revenues of COP2.6trn (US$637.8m), up 11.2 per cent, and EBITDA of COP359bn, 17.8 per cent lower than in the 1Q21, mainly due to higher inflationary pressures that impacted costs associated with raw materials, energy, freight, and operational maintenance. The company highlights the very good price performance in all regions, which is expected to mitigate the impact of inflation on costs going forward. Cement volumes remained stable a... |
CS-Pozzolan-Perlite attracts cement producer interest10 May 2022, Published under Cement NewsSunrise Resources, a mineral exploration and development firm in Macclesfield, UK, is in talks with two US cement companies over supplying them with materials from its US sites as the country’s construction industry looks for more eco-friendly raw materials. The company has mined various sites in Canada, Finland, Ireland and Australia, but is now focussing on the development of its CS Pozzolan-Perlite project in Nevada, USA. Field visits have taken place at its American sites in the past ... |
Pangaea Logistics Solutions Ltd appoints VP Business Development - Ports & Logistics10 May 2022, Published under Cement NewsPangaea Logistics Solutions Ltd, who provides maritime logistics to transport a wide range of drybulk cargoes such as cement clinker, dolomite and limestone, has appointed Brent Mahana as vice president of business development for its ports and logistics business. Mr Mahana will bring over 30 years of experience in marine transportation, stevedoring, port and terminal management and related logistics activities, and will be focussed on expanding opportunities in Pangaea's growing ports an... |
Inside Lehigh Hanson’s Mitchell K4 project09 May 2022, Published under Cement NewsLehigh Hanson’s Mitchell K4 project represents one of the largest and most significant investments in new capacity for parent company HeidelbergCement. As a leading North American cement producer, Lehigh Hanson’s investment represents long-term focus on the US-Midwest market through state-of-the art production technology that will increase efficiencies and lower the company’s carbon footprint along the way. By Lehigh Cement, USA An overview of the Lehigh Hanson Mitchell K4 project... |
USA and Puerto Rico Portland and blended cement shipments up 19% in February09 May 2022, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico saw a 19 per cent hike to 6.8Mta in February 2022 when compared with February 2021, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and North Carolina, which accounted for a combined share of 50 per cent of February shipments. The leading producing states in February 2022 were California, Texas, Florida, Missouri and Alabama... |
CalPortland wins 2022 Energy Star® Partner of the Year - Sustained Excellence award06 May 2022, Published under Cement NewsCalPortland ( Taiheiyo Cement Corp ) has received the 2022 Energy Star ® Partner of the Year – Sustained Excellence Award from the US Environmental Protection Agency and the US Department of Energy. This is CalPortland’s 18th straight Partner of the Year award. “We are thrilled to receive the 2022 Energy Star Partner of the Year Sustained Excellence Award,” said CalPortland Chief Energy Engineer, Bill Jerald. “It is exciting to see the Energy Star programme being utilised throughout t... |