Cement News tagged under: usa
thyssenkrupp to supply new line to GCC Odessa plant07 December 2023, Published under Cement NewsGCC America has commissioned thyssenkrupp Polysius North America to build a 3000tpd clinker production line, which can be expanded to 3500tpd, at its Odessa plant in Texas. The GCC Odessa plant currently supplements its market demand by importing cement from their other plants. With the significant expansion of production capacity in Odessa, coupled with the recent Polysius award increasing production in GCC’s Samalayuca plant, GCC will be well situated to participate in the upcomi... |
Solidia Cement completes first production run07 December 2023, Published under Cement NewsSpecialty cement producer CTS Cement Manufacturing Corp (CTS) and US-based Solidia Technologies have completed the first production run of Solidia Cement, a low-carbon cement, in North America. This is one of multiple production runs at cement sites in several countries, demonstrating the viability and scalability of this groundbreaking technology that drastically reduces the carbon footprint of cement, concrete and the building industry as a whole, says Solidia Technologies. Solidia C... |
Eagle Materials enters Terra CO2 SCM agreement07 December 2023, Published under Cement NewsEagle Materials Inc has entered an agreement granting exclusive rights to build and operate three facilities processing up to 240,000tpa of Terra CO 2 ’s Opus SCM, a supplementary cementitious material, from common quarry byproducts or other silicate-rich feeds. The facilities are earmarked for the Greater Denver market. Concrete producers and contractors in this region are preparing for next year’s implementation of the Buy Clean Colorado Act, which promotes low carbon construction mater... |
PCA appoints new chair and vice chair07 December 2023, Published under Cement NewsPortland Cement Association (PCA) has announced new leadership for its board of directors. Massimo Toso has been elected chairman of the PCA. Mr Toso is the current president and CEO at Buzzi Unicem USA and has served the last year as vice chair to former PCA Chairman Filiberto Ruiz. Monica Manolas is PCA’s new vice chair and the first woman in the 21st century to be elected to the position. Ms Manolas currently serves as president of Ash Grove East . Also at the meeting, Jorge Wagne... |
DG Khan Cement is exploring Mexico to export cement from Pakistan29 November 2023, Published under Cement NewsAccording to AKD Research, DG Khan Cement Co Ltd (DGKCC) held its corporate briefing on 24 November to apprise investors of its FY22-23 financial results and the company’s future outlook. DGKC recently exported two shipments to Mexico and four shipments to the USA. Management is actively focussing on exports to increase capacity utilisation. It expects higher clinker exports this year, but the impact would not be significant as clinker exports have minimal margins. However, margins on c... |
Building emissions can be reduced 70% by digital technology24 November 2023, Published under Cement NewsRetrofitting buildings using a digital-first approach is the best pathway to decarbonisation, according to new research from Schneider Electric, the leader in the digital transformation of energy management and automation. Buildings represent an estimated 37 per cent of global carbon emissions and as about half of today’s buildings are still likely to be in use in 2050, experts claim that the sector must urgently reduce operational carbon emissions, by making buildings more energy efficie... |
CRH sells lime business to SigmaRoc23 November 2023, Published under Cement NewsCRH plc has agreed to divest its lime operations in Europe to SigmaRoc plc for a total consideration of approximately US$1.1bn. The lime business comprises 16 operating locations with leading market positions across Ireland, the UK, Germany, Czech Republic and Poland. The combined business generated sales of around US$610m and EBITDA of roughly US$137m in 2022. The transaction, which is subject to customary conditions and regulatory approvals, is structured in three phases, the first o... |
CRH reaches agreement on Martin Marietta acquisition22 November 2023, Published under Cement NewsCRH has reached an agreement to acquire a portfolio of cement and ready-mixed concrete (RMC) assets in Texas, USA, from Martin Marietta Materials for a total consideration of US$2.1bn. According to CRH, the combined portfolio of assets is expected to generate pro-forma 2023 EBITDA of approximately US$170m. The assets include the 2.1Mta Hunter cement plant located between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas, and a portfolio of 20 RMC pla... |
CRH reports 8% sales growth in 9M2321 November 2023, Published under Cement NewsCRH has posted sales of US$26.3bn for the first nine months of 2023, up eight per cent on the same period a year earlier. EBITDA in the 9M23 has come in at US$4.8bn, marking a 14 per cent YoY advance, while the EBITDA margin has expanded by 100bps to 18.1 per cent. According to the company, the positive momentum seen in the first half of the year continued into the third quarter, underpinned by strong commercial progress and positive underlying demand across key end-use markets. Sales ... |
Argos records EBITDA of COP742bn in the 3Q2310 November 2023, Published under Cement NewsArgos reported that for the 3Q23 adjusted EBITDA stood at COP742bn (US$180.35m), increasing 25.4 per cent on a comparable basis versus 3Q22. The company's revenue in the 3Q23 slipped one per cent YoY to COP3087bn from COP3118bn in the year-ago period. The results were driven by strong pricing dynamics across all regions, combined with cost efficiencies. The adjusted EBITDA margin stood at 24 per cent for the quarter up from 19 per cent YoY. Cement dispatches reached 3.98Mt, with a contrac... |