Summit Materials announces 2Q results and new CEO
US-based Summit Materials saw a 24.5 per cent rise in operating income for the second quarter of 2020 to US$100.1m from US$80.4m in the year-ago period. Adjusted EBITDA also adv...
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Will Turkish cement exports come under pressure?
As the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish trad...
Cemex Ventures to recycle plastic to produce concrete and aggregates via Arqlite
Cemex Ventures is investing in US-based Arqlite SPC, a start-up that produces light recycled aggregates from plastic waste. The product benefits from a low CO 2 footprint and a ...
Eagle Materials posts record revenue in FY19-20
US-based Eagle Materials has reported a record revenue of US$1.45bn in the FY19-20, up four per cent from US$1.39bn in the previous fiscal year. Net earnings climbed three per c...
US cement market expands 5% in March
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 5.1 per cent YoY to 7.7Mt in March 2020, according to the US Geological Su...
FLSmidth to supply OK mill to CalPortland's Mojave plant
CalPortland has awarded a supply contract to FLSmidth for its Mojave raw mill project. The scope of supply includes engineering, equipment and installation of a new OK 48-4 raw ...
Votorantim Cimentos sees net revenue up 9% in 1Q20
Votorantim Cimentos' financial statement for the period ended 31 March 2020 reported net revenue up nine per cent to BRL2747m (US$494.6m) from BRL2524m in the 1Q19, while adjust...
LafargeHolcim strengthens partnership with Solidia Technologies
LafargeHolcim has strengthened its partnership with Solidia Technologies to reduce CO 2 across its value chain. With this announcement the collaboration with the US-based cement...
Titan successfully navigates pandemic in first quarter
This week Titan Group released its 1Q2020 business results which saw the group's revenues rise by 6.1 per cent to EUR384.8m , compared to 1Q19. ICR looks a little closer now at ...
Titan Group sees 6% revenue increase in 1Q20
Based on robust US demand and resilience of markets in the eastern Mediterranean, Titan Group's consolidated revenue increased in the 1Q20 by 6.1 per cent, reaching EUR384.8m, d...