Cement News tagged under: aggregates
MPA welcomes news of urgent review of UK planning policy16 February 2023, Published under Cement NewsUK producers of essential materials for infrastructure projects have welcomed news that an urgent review of national planning policy for major projects is to be carried out. UK chancellor, Jeremy Hunt, has asked the National Infrastructure Commission (NIC) to identify how the planning system could create greater certainty for infrastructure stakeholders – including the supply chain – ahead of an action plan on the UK’s Nationally Significant Infrastructure Projects (NSIPs). In its recen... |
Eagle Materials achieves record revenue27 January 2023, Published under Cement NewsEagle Materials has reported record revenue of US$511m in the third quarter of fiscal 2023 ended 31 December 2022, marking a YoY increase of 10 per cent. Record net earnings were also seen over the quarter, coming in at US$117m, up 14 per cent YoY, while net earnings per share (EPS) advanced by 26 per cent to US$3.20. Adjusted EBITDA saw growth of 14 per cent YoY to US$199m. Commenting on the results, Michael Haack, president and CEO of Eagle Materials, said, “We are pleased to announc... |
CEMEX acquires Atlantic Materials27 January 2023, Published under Cement NewsCEMEX has agreed to acquire Canada-based Atlantic Minerals Ltd, including a construction and chemical aggregates quarry and port operations. With this investment, CEMEX has secured a new long-term aggregates reserve for its extensive Florida operations and the US east coast, as well as a source of chemical-grade stone serving a broader geographic footprint, according to the company. The acquisition is expected to increase CEMEX’s aggregates reserves for the US market by approximately 20 pe... |
Holcim extends aggregates reach with US acquisition23 January 2023, Published under Cement NewsHolcim has acquired the sand and aggregates quarries of Pioneer Landscape Centers, a market leader in the fast growing metropolitan US markets of Denver, Phoenix and Colorado Springs and a major supplier of construction aggregates for the region. The transaction includes thirteen quarries and complements Holcim’s December 2022 acquisition of aggregate reserves in Greeley, Colorado. According to the company, the acquisitions will support Holcim’s growth in the region for several decades... |
MPA calls for electrification push by UK government12 January 2023, Published under Cement NewsThe Mineral Products Association (MPA) has welcomed the UK government’s announcement of the new Energy Bill Discount Scheme (EBDS), extending the Energy Bill Relief Scheme. The broad support available through the EBDS encompasses most of the products manufactured by MPA members, including aggregates, asphalt, cement, concrete and industrial minerals. However, the MPA says the proposed support may not be sufficient to maintain the competitiveness of UK manufacturing should prices return to th... |
CR Cement opens new 10Mta aggregates line23 December 2022, Published under Cement NewsProduction has begun at the new aggregates line of China Resources Cement ’s (CR Cement) subsidiary Guangxi Runhan New Materials in Guangxi Province, China. It marks the third large-scale aggregates project by CR Cement in Guangxi in the last two months following those in Shangsi and Tianyang. The 10Mta line, located in Nanning, officially commenced production on 21 December 2022 and marks an investment of CNY1.3bn (US$186m). Construction began in May 2022. The company says that the pro... |
Shangsi Cement starts up new aggregates line24 November 2022, Published under Cement NewsProduction has begun at the new aggregates line of China Resources Cement’s (CR Cement) subsidiary Shangsi Cement in Guangxi Province, China. The 5Mta project was officially completed on 19 November 2022 and marks an investment of CNY420m (US$58.7m). Construction began in February 2022 and was a collaboration between the cement company and CNBM Design and Research Institute. According to Shangsi Cement, “The successful commencement of operation of the project has further improved the cor... |
Demand for mineral products falls for second quarter in a row, says MPA14 November 2022, Published under Cement NewsDemand for aggregates, asphalt and ready-mixed concrete has declined for the second quarter in a row in the 3Q22, according to the UK-based Mineral Products Association (MPA). MPA members supply around 90 per cent of the total market for minerals and mineral products in Great Britain, predominantly to the construction industry. Sales volumes were not only down on 2021 but also below their 2019 level. Over the past year, compared to 2019, aggregates sales have fallen 2.3 per cent, asph... |
Aggregates go carbon negative06 September 2022, Published under Cement NewsThere is a consensus that, to reach net zero by 2050, the cement industry must embrace carbon capture, utilisation and storage (CCUS). This article looks at the potential of CCUS for the treatment of cement residues and the production of lightweight, carbon-negative aggregate, showcasing Carbon8 as a successful example of a scaling start-up. By Dr Paula Carey, Carbon8, UK. Figure 1: aggregate product CircaBuild There are an increasing number of projects involving the capture of... |
MPA reports slowdown in UK mineral product sales08 August 2022, Published under Cement NewsThe Mineral Products Association has remarked that a disappointing quarter for UK producers of mineral products raises concerns that widespread cost inflation for raw materials, energy and labour is starting to negatively impact the sector. Demand for mineral products, edged lower in the 2Q22, with sales volumes down on a quarterly basis, according to the MPA’s latest industry survey. Tonnages of ready-mix were 7.4 per cent lower than in the 1Q22, 9.8 per cent lower for aggregates and asp... |