Cement News tagged under: USA
US and Puerto Rico cement shipments stable30 August 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico remained stable at around 9.3Mt in June 2018, according to the US Geological Survey (USGS). The leading cement-consuming states (Texas, California, Florida, Ohio, and Georgia) received about 38 per cent of domestic deliveries in June. The leading producing states for Portland and blended cement in June were Texas, Missouri, California, Florida, and Michigan, which accounted for about 41 per cent of the domestic total... |
Cementos Argos 1H results impacted by challenging Colombian market17 August 2018, Published under Cement NewsCementos Argos released its 2Q18 results this week with revenues up by 1.4 per cent at COP2.184trn (US$726bn) from COP2.154trn in 2Q17. The 1H18 revenue amounted to COP4.092trn, down from COP4.231trn in 1H17, a fall of 3.3 per cent. EBITDA and net income were affected by the US$24m fine imposed by the Superintendence and Commerce in Colombia. 2Q18 EBITDA amounted to COP328bn, down 11.2 per cent on the COP370bn of 2Q17. Adjusted EBITDA, excluding the fine reached COP404bn in 2Q18, was up 5.9 ... |
Cemex's Davenport site still seeks new use16 August 2018, Published under Cement NewsCemex's Davenport facility in Iowa, USA, has remained empty since the plant was closed in 2010. Cemex maintains ownership of the plant, and while it has been in negotiations to sell the site, the talks with an aviation company have stalled. The preferred bidder, Joby Aviation, is no longer planning to move its production to part of the empty 104-acre Cemex site, founder and CEO, Joe Ben Bevirt confirmed Monday. Instead, the company is in talks with the city of Marina to open a new product... |
Royal White Cement joins the WCA16 August 2018, Published under Cement NewsThe World Cement Association (WCA) announces that Royal White Cement, one of America's white cement companies, has joined its international membership as a Corporate Member. "We are delighted to welcome this US-based member to our expanding global network," said Norman Greig, Secretary General of the WCA. "The United States is the world's third biggest cement producer and we are looking forward to working together with such an important local player to promote and strengthen the goals of ... |
Eagle Materials Inc name new COO14 August 2018, Published under Cement NewsMichael Haack has been appointed as President and Chief Operating Officer of Eagle Materials Inc. Prior to joining Eagle, Mr Haack spent 17 years at Halliburton Energy Services, holding successively important operating positions, culminating with the management of Global Operations for Sperry Drilling, a multi-billion dollar company in the drilling and evaluation division of Halliburton. The announcement was made by Dave Powers, CEO, who commented that "Michael has been serving as our C... |
US/Puerto Rico Portland and blended shipments up 7% in May09 August 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico advanced 6.5 per cent to 9.4Mt in May 2018, according to the US Geological Survey. Texas, California, Florida, Georgia and Ohio were the leading states in terms of cement demand, receiving some 38 per cent of domestic USGS Cement stats 2017-10 shipments. The leading cement-producing states were Texas, Missouri, California, Florida and Michigan, which combined accounted for around 42 per cent of the domestic tota... |
Eagle Materials sees record revenues06 August 2018, Published under Cement NewsEagle Materials Inc saw its 1QFY18-19 revenues hit record levels at US$393.8m, up eight per cent YoY. Net earnings rose 12 per cent from US$54.882m in 1QFY17-18 to US$66.339m in 1QFY18-19. The company saw its results mainly impacted by a US$6.5m pretax increase in maintenance expenses, primarily due to the timing of the annual maintenance outage at the Fairborn cement plant, but also by a US$1.8m litigation loss at its Paperboard subsidiary and US$1.6m of start-up costs at its new frac san... |
CRH02 August 2018, Published under Cement NewsCRH America has sold its Mallard Sand & Gravel operation in Omaha, Nebraska, to Martin Marietta Materials. The disposal was required as a result of the acquisition of Ash Grove Cement Company. |
GCC 1H18 sales rise by 11.4%25 July 2018, Published under Cement NewsGrupo Cementos de Chihuahua (GCC) reports that its 1H18 sales increased 11.4 per cent to US398.8m, generating US$115m in EBITDA, up 22 per cent YoY. However, the company's net result slipped, registering a minor loss of US$0.6m. In the 2Q18, sales advanced 6.9 per cent to US$232.3m when compared with the 2Q17. EBITDA rose 8.7 per cent in the 2Q18 to US$69.4m. The company also reported a net loss for the 2Q18 of US$11.9m. During the 1H18 GCC completed the acquisition of the 0.315Mt capa... |
Lehigh Hanson Speed plant earmarked to become distribution centre16 July 2018, Published under Cement NewsThe Lehigh Hanson Speed cement plant in Indiana is expected to cease production in about four years and become a distribution centre, following the completion of the modernisation at the Mitchell works . The step will lead to the loss of some 100 jobs at the works, although Lehigh Hanson expects to relocate around half of the jobs to the new works. Jobs at Speed would likely fall under plant maintenance and operations, purchasing, quarry equipment operators, electricians, welders, millwri... |