Argos North America Corp signs ESG-linked loan
Argos North America Corp (Grupo Argos) entered into a new loan for US$300m, in which the interest rate is linked to CO 2 emission reduction indicators and an increase in the sha...
North America
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Climbing regional cement shipments for Argos in the 1H21
Argos announced its 1H21 results this week with regional cement shipments climbing in the USA and in the Caribbean and Latin America. In the USA cement volumes saw a solid incre...
Votorantim Cimentos sees regional sales pick-up in 2Q21
Votorantim Cimentos recorded strong sales in all operating regions in the 2Q21. Price rises and reduced restrictions from the pandemic aided beter results than in the same perio...
Cross Carbon Ventures targets carbon capture in heavy industries
Svante Inc, Cross River Infrastructure Partners LLC and OTS Ltd, have entered into a commercial Memorandum of Understanding (MoU) that establishes Cross Carbon Ventures (CCV), a...
Cemex set to reach its 2021 EBITDA guidance of US$3.1bn
After Cemex reported strong 2Q21 results and reiterating US$3.1bn EBITDA guidance for 2021, market analysts UBS state that it has confidence that the company will reach its 2021...
Eagle Materials reports cement revenues up 3% in 1QFY22
Eagle Materials Inc's financial results for the first quarter of FY22, ended 30 June 2021 saw revenue in the Heavy Materials sector, which includes cement, concrete and aggregat...
US Portland and blended cement market expands 6% in May
Total shipments of Portland and blended cement in the USA and Puerto Rico advanced 5.6 per cent to 9.2Mt in May 2021 when compared with May 2020, according to the US Geological ...
GCC reports 44% increase in 2Q net income
GCC saw its consolidated net sales increased 18.1 per cent YoY to US$286.7m in the 2Q21 from US$242.8m in the 2Q20. EBITDA advanced 18.6 per cent YoY to US$97m in the 2Q21 from ...
GCC reports strong 2Q21 results and prepares for expansion
GCC reported a net sales increase of 18 per cent in the 2Q21 and a rise in EBITDA of 19 per cent. The company’s net financial expenses totalled US$10m during this accounting per...
US Portland and blended cement demand up 19% in April
Portland and blended cement shipments, including imports, in the USA and Puerto Rico, saw a 19 per cent YoY increase to 9.7Mt in April 2021, according to the US Geological Surve...