US building materials groups report strong 1Q24
CemNet has a look across the pond at how three US building materials companies have fared in the 1Q24. While results were stronger than expected in the 1Q24 for several cement ...
North America
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CRH revenue up 2% YoY in 1Q24
CRH has reported total revenue of US$6.5bn in the opening quarter of 2024, ended 31 March. This marks a two per cent expansion compared to the same period a year earlier. Adj...
CEMEX signs solar agreement for Clinchfield plant
CEMEX USA has entered into an off-site renewable energy agreement with Georgia Power for its Clinchfield cement plant as part of its ongoing decarbonisation drive. Through ...
Alkali attack as refractory wear mechanism
The increasing use of alternative fuels in cement production has led to increased wear on kiln refractories. Infiltration of sulphur oxides, alkali sulphates, and chlorides req...
Titan America to be listed in US equity market
Titan Cement International has announced its intention to proceed with the IPO of its US business ( Titan America ), with the aim of raising funds that will facilitate the gr...
CRH announces new share buyback
CRH plc has completed the latest phase of its share buyback programme, returning a further US$0.3bn of cash to shareholders. Between 29 February 2024 and 9 May 2024, 3.7m ord...
Carbon mineralisation: the next step in decarbonisation
As the cement and concrete industry grapples with government regulations and growing demand for greener materials, carbon mineralisation is the next logical step toward a deca...
CRH continues to invest in Ukraine
CRH has invested a total of US$80m in Ukraine since the start of the Russia-Ukraine conflict, according to Guillaume Cavalier, president of CRH in Central and Eastern Europe....
Vulcan Materials posts fall in revenues in 1Q24
US-based Vulcan Materials has reported total revenue of US$1546m in the first quarter of 2024, down from US$1649m in the same period a year earlier. Gross profit in the 1Q cam...
Accelerating decarbonisation at Holcim Ste Genevieve
In support of its commitment to sustainably supply the growing construction industry, Holcim US has embarked on a major expansion of its iconic Ste Genevieve plant, the larges...