Cementos Argos sees falling volumes
Cementos Argos released its 1Q18 results this week , announcing revenues of COP1.9trn (US$670m), but cement sales fell by 4.1 per cent to 3.7Mt and ready-mix volumes by 7.5 per ...
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Eagle Materials records positive FY18
Eagle Materials has reported its FY18 and 4QFY18 results, which reflect an all-round positive performance. In the 2018 fiscal year, revenue increased 14 per cent YoY to US$1.4bn...
US and Puerto Rican cement markets contract in February
Total shipments of Portland and blended cement in the US and Puerto rico in February contracted by 3.6 per cent YoY to 5.8Mt, according to the US Geological Survey (USGS). The l...
LafargeHolcim appoints new CEO of US Cement
LafargeHolcim has appointed Jamie Gentoso as the new CEO of its US Cement operations. Ms. Gentoso has previously worked as the senior vice president of concrete at Sika Corp US,...
Argos consolidated EBITDA jumps 31% in 1Q18
Argos has announced revenues of COP1.9trn (US$670m) and a net profit of COP54.bn in the first three months of 2018. EBITDA increased 31 per cent YoY to COP371bn. However, cement...
Imbalances yet to surface in Trump’s US economy Premium
ICR took a moment to talk to Ed Sullivan, Portland Cement Association’s vice president and chief economist of Market Intelligence, to understand more about how the US economy is...
Martin Marietta reports a weak Q1 on lower volumes
Martin Marietta Materials, which last month completed its acquisition of Bluegrass, then the largest privately-held US aggregates company, has announced a first-quarter turnover...
Cemex reports increase in net sales in 1Q18
Cemex has announced a 92.3 per cent YoY fall in profit for the 1Q18, decreasing from US$336m to US$26m. The sharp decline has been attributed to higher operating expenses and fo...
GCC quintuples consolidated net income in 1Q18
Grupo Cementos Chihuahua (GCC) reported a 13.6 per cent YoY rise in net sales to US$188.7m in 1Q18. The Mexico-based cement producer saw its EBITDA rise by 40.6 per cent to US$4...
Dan Harrington to Head Cementir North America
Daniel Harrington will be heading up Cementir Holding’s Region North America following the company’s acquisition of Lehigh White Company.