Cement News tagged under: USA
CRH completes latest phase of buyback25 September 2023, Published under Cement NewsCRH plc has completed the latest phase of its share buyback programme, returning a further US$1bn in cash to shareholders. Between 30 June 2023 and 22 September 2023, 17.7m ordinary shares were repurchased on Euronext Dublin and the London Stock Exchange. This brings total cash returned to shareholders under the company’s ongoing share buyback programme to US$6bn since its commencement in May 2018. CRH has also announced that it has entered into non-discretionary arrangements with Merrill... |
CIMSA and Sabanci to build 0.6Mta US grinding plant21 September 2023, Published under Cement NewsOne of Turkey's largest conglomerates Sabancı Holding and Turkish cement manufacturer Çimsa have agreed to establish a grey cement grinding plant in the USA with an investment of US$82m (TRY2.2bn). The facility, with an average grinding capacity of 600,000tpa, will be operational by the end of the 4Q25 and will be fully financed with equity. Çimsa, with its subsidiary operating in the US, will enter the US grey cement market, in addition to the white cement market. The company current... |
Management changes at Vulcan Materials21 September 2023, Published under Cement NewsTom Baker, previously Vulcan Material’s chief operating officer, has been appointed to the position of president, effective immediately. In this role, Mr Baker will continue to lead enterprise-wide strategic initiatives and support and advise the company's senior leadership team, reporting to Tom Hill, chairman and CEO. “Tom has a deep understanding of the construction materials industry. Vulcan—and particularly our talented management team—will continue to benefit from his valuable ex... |
Sublime Systems achieves ASTM C1157 performance designation18 September 2023, Published under Cement NewsSublime Systems™ receives ASTM C1157 performance designation for Its ultra-low carbon cement, clearing the Path to commercialising fossil-fuel-free cement at scale. This industry standard specifies performance requirements across parameters including strength development, durability, and low shrinkage and cracking, and is being increasingly adopted as the industry moves towards performance-based standards. Obtaining the ASTM C1157 designation enables Sublime Cement™ to be used compliantl... |
Dome Technology completes Davenport cement DomeSilo project14 September 2023, Published under Cement NewsContinental Cement Co ( Summit Materials ) has built another DomeSilo with Dome Technology, this time at its Davenport , Iowa, USA facility. The DomeSilo can store 125,000stof cement powder, and according to Dome Technology’s records, the structure is among the largest-capacity cement storage facilities in the world, said Dome Technology sales manager, Lane Roberts. The dome size is a response to demand that has been building for the past decade. CCC Davenport ran short on storage for ... |
US DOE awards C-Crete Technologies US$950,000 for green concrete funding12 September 2023, Published under Cement NewsThe US Department of Energy has awarded C-Crete Technologies US$950,000 to expand the types of materials it can use to make its revolutionary cement-free concrete. The use of locally-available feedstocks will eliminate the need for long-distance shipping, allowing the company to further decrease CO 2 emissions associated with its already exceptionally eco-friendly concrete. The DOE funding follows on the heels of C-Crete's announcement in July that its innovative cement-free concrete ha... |
Dragon Product to close Thomaston plant11 September 2023, Published under Cement NewsDragon Products Co , part of Giant Cement Holdings Inc (GCHI), announced it plans to shut down its cement plant in Thomaston , Maine, USA. “The facility, which has been operational for almost a century and has been under GCHI’s ownership since 2006, will undergo a gradual process of idling the production operations beginning December 2023. This careful step has been prompted by the persistent escalation of operating and logistical costs, exerting a negative impact on the Thomaston plant... |
Argos and Summit Materials to combine US operations08 September 2023, Published under Cement NewsCementos Argos has agreed to combine its operations in the USA with Summit Materials Inc , aiming to create a leading building materials platform on national scale. Cementos Argos (Grupo Argos) has entered into a definitive agreement with Summit Materials, under which they will combine their operations in the US to create a leading platform in the building materials industry. The agreement will have a component of stock consideration worth approximately US$2bn and cash payment of appro... |
US and Puerto Rican cement market contracts in June06 September 2023, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico slipped 2.5 per cent to 10.5Mt in June 2023 when compared with June 2022, according to the US Geological Survey (USGS). Of the total blended volume, 4.7Mt or 95 per cent, was estimated to be Portland limestone cement (Type IL). The largest cement-consuming markets were Texas, California, Florida, Ohio and Illinois, who accounted for a total 37.3 per cent of June 2023 shipments. The leading producing states were Texas, ... |
Argos MD forecasts further investments in the USA and Caribbean05 September 2023, Published under Cement NewsJuan Esteban Calle, MD of Argos SA has revealed that the company is looking to invest in the USA and nearby markets to increase imports. “In the United States, we are making a significant investment in a port in Houston, which will help increase imports,” said Mr Calle. “We are also making other relevant investments in two plants that will allow us to increase our capacity in West Virginia and South Carolina, with an additional 450,000t for the domestic market. “Furthermore, we have ... |