Cement News tagged under: USA
Buzzi Unicem Full Year 2017 results29 March 2018, Published under Cement NewsIn 2017 Buzzi Unicem group sold 26.8Mt of cement (+4.4 per cent compared to 2016) and 12.3Mm 3 of ready-mix concrete (+3 per cent YoY). Consolidated net sales increased by 5.1 per cent, from EUR2669.3m to EUR2806.2m. EBITDA decreased by 7.7 per cent from EUR550.6m to EUR508.2m. The foreign exchange effect was negative for EUR2m. The figure for the year under review includes non-recurring costs of EUR68.2m, of which EUR59.8m for antitrust sanctions inflicted to the Italian cement sector, ... |
Titan's 2017 turnover remains stable at EUR1506m28 March 2018, Published under Cement NewsTitan's 2017 consolidated turnover remained stable, at EUR1505.8m, a marginal 0.2 per cent decline compared to 2016. EBITDA reached EUR273.4m, a 1.9 per cent decrease. Non-recurring events (staff redundancy programmes in Egypt and Greece and hurricane Irma in Florida) had a negative impact on EBITDA of about EUR1m, against EUR6.7m of such costs in 2016. Net profit after minorities and the provision for taxes was EUR42.7m, compared to EUR127.4m in 2016. Annual results strengthened on t... |
Cementos Argos USA takes out US$100m loan26 March 2018, Published under Cement NewsING Bank NV a global financial institution, closed a US$100m loan to Argos USA LLC, a subsidiary of Cementos Argos SA on 23 March 2018. Cementos Argos, a multinational cement and concrete producer in Colombia, the United States, Central America and the Caribbean, will use the loan for corporate purposes. |
Cemex Day 201823 March 2018, Published under Cement NewsCemex CEO, Fernando Gonzalez, opened the Cemex Day 2018 on 15 March, claiming that over the last four years they had built a stronger company, including achieving a US$6bn debt reduction and the highest net income in a decade at US$800m. Troubling countries for Cemex were Colombia and Egypt, but the multinational still delivered EBITDA of US$2.6bn in 2017. The company also announced US$250m strategic capex spending for 2018, targetting assets in the emerging cement markets of Brazil and... |
Five Cemex plants become the first facilities to receive CSC certification22 March 2018, Published under Cement NewsCemex has announced that five of its concrete plants in California have earned Responsible Sourcing Certification from the Concrete Sustainability Council (CSC), becoming the first facilities of any company in the USA to receive this designation. The five plants – located in Oakland, San Carlos, Santa Clara, San Jose, and San Francisco – met the CSC requirements as confirmed via an audit by SGS, an independent, third-party certification body. "Sustainability is a guiding principle at ... |
Three Cemex USA quarries win NSSGA awards09 March 2018, Published under Cement NewsCemex USA's FEC Quarry in Miami won the National Stone, Sand & Gravel Association (NSSGA) 2018 Platinum Award for Excellence in Community Relations. Two other Cemex USA facilities in Florida also received community recognition from the NSSGA. Kirk Light, Cemex USA Regional President – Florida region, accepted the award during a ceremony at the NSSGA's Annual Convention in Houston, Texas. "The FEC Quarry and all of our operations in Florida are committed to developing long-lasting rela... |
US cement shipments reach 6.3Mt in December08 March 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico grew by 3.5 per cent YoY to 6.3Mt in December 2017, according to the US Geological Survey (USGS). The largest state markets in the country were Texas, California, Florida, Georgia and New York (in descending order), which accounted for 43 per cent of total US shipments. The leading producing states for Portland and blended cement were California, Texas, Missouri, Florida and Alabama in descending order. In th... |
CarbonCure Technologies demonstrates CO2 capture and utilisation28 February 2018, Published under Cement NewsCarbonCure Technologies claims that it has led a team of five companies to demonstrate the world's first integrated CO 2 capture and utilisation (CCU) from cement for concrete production. CO 2 emissions from the Cementos Argos' Roberta cement plant near Calera, Alabama, were captured by Sustainable Energy Solutions’ (SES) cryogenic CO 2 capture technology, transported by Praxair, Inc and reused in Argos' Glenwood (Atlanta) concrete operations equipped with CarbonCure's CO 2 utilisation ... |
A time of reassessment for HeidelbergCement23 February 2018, Published under Cement NewsThis week it was announced that HeidelbergCement would be selling its 51 per cent stake in the Lehigh White Cement Co LLC while the company also reported on its full-year and 4Q17 results . The sale of HeidelbergCement's interest in the Waco and York cement plants in the USA would mean a complete exit from the North American white cement market for the Germany-based multinational. HeidelbergCement is carrying out a global portfolio review and optimisation process to generate cash flow. T... |
Cementos Argos22 February 2018, Published under Cement NewsCementos Argos has reported consolidated cement volumes of 4.04Mt in 4Q17, up 17.6 per cent compared to the same period last year. This takes the full-year volume to 16.275Mt, an increase of 16.5 per cent YoY. According to the company, the increase in volumes is due to “positive dynamics” in the US and Central America and the Caribbean regions. Revenue in 4Q17 came in at COP2107bn (US$729m), an advance of 5.1 per cent versus 4Q16, with full-year revenue of COP8533bn, a YoY improvement of ... |