Argos records revenues of COP2.2trn in 1Q20
In the first three months of 2020, Argos (Grupo Argos) reported revenues of COP2.2trn (US$5.6bn), a figure that remains stable when compared to 2019. EBITDA, including the ef...
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GCC sees 11% rise in consolidated net sales for 1Q20
Mexico’s Grupo de Cemento de Chihuahua (GCC) has announced an 11 per cent increase in consolidated net sales to US$181.4m for the first quarter of 2020. EBITDA also advanced 18...
US Portland and blended cement market expands 7% in January
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico increased by 7.4 per cent YoY to 6.9Mt in January 2020, according to data from the ...
PCA writes to President Trump
Michael (Mike) Ireland, president and CEO of the Portland Cement Association (PCA), has written to US President Donald Trump to express the need to restart public works program...
US cement shipments up 8% in December
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico in December 2019 increased eight per cent YoY to 6.7Mt, according to newly-released...
US growth settles down
While the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Associat...
Eagle Materials sells non-core concrete and aggregates assets
Eagle Materials Inc announced it has sold its Western Aggregates and Mathews Ready Mix operations for US$93.5m to Teichert, a California-based construction company. Western ...
Cementos Argos reopening Colombian plants
Cementos Argos announced it will be partially reopening its operations in Colombia to supply the public works that were given the go-ahead by Decree 531 of April 2020. The Rio...
Lehigh Cement releases 54 employees at Glen Falls plant
Lehigh Cement has laid off 54 of its 90 employees at its Glen Falls plant, New York state, USA, in the wake of a construction slowdown attributed to the spread of COVID-19. T...
Eagle Materials appoints new board member
USA-based Eagle Materials has appointed Mary Ricciardello to its board of directors. Ms Ricciardello’s previous experience includes seven years on the board of US Concrete. ...