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 ...
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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...
Cementir's 1Q24 regional market update
Cementir's results for the 1Q24 were overall in line with management's expectations despite the decline in revenues and EBITDA compared to the first quarter of the previous yea...
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...
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...
IEEE-IAS/PCA breaks record attendance
The 66th IEEE-IAS/PCA Cement Conference and Exhibition 2024 reached new heights in Denver, USA, with a record 1206 attendees to the annual meeting that combined training, a con...