Cement News tagged under: North America
Drake Cement inaugurates new finish mill24 May 2022, Published under Cement NewsRicardo Rizo Patrón, chairman of Skanon, the Board of Directors of Skanon Investments and Skanon CEO, Enrique Rozas, visited the Drake Cement plant on 11 May to inauguration the new finish mill at Drake Cement, Paulden , Arizona, USA. With this new project, Drake Cement and Materials continues to expand, reduce its environmental footprint and improve sustainability while offering high-quality products to its customers. The new mill is a vertical roller mill and the draft environmental re... |
Eagle Materials reports 15% increase in revenue20 May 2022, Published under Cement NewsEagle Materials has reported record revenue of US$1.9bn in the FY22, up 15 per cent YoY. Net earnings advanced by 10 per cent to US$374.2m over the same period, while adjusted EBITDA from continuing operations improved by 15 per cent to reach US$657.4m. In the fourth quarter of the FY22, revenue increased by 20 per cent YoY to another record of US$413.1m, with net earnings advancing by 13 per cent to US$74.3m. Adjusted EBITDA from continuing operations also grew in the fourth quarter, up by ... |
Titan Group invests US$37m in Norfolk import terminal19 May 2022, Published under Cement NewsTitan Group is expanding its effective capacity in the USA with a new US$37m investment in its Norfolk import terminal in Virginia. The investment will upgrade Titan’s import capacity in the country while also allowing it to continue expanding its offering of low-carbon cement and cementitious products, contributing to the group’s net-zero goal. The Virginia investment, which is expected to be completed in 2023, includes the expansion of the Norfolk import terminal storage capacity with a... |
Votorantim Cimentos' see net revenue regional rises in Brazil and North America13 May 2022, Published under Cement NewsIn Brazil Votorantim Cimentos ’ net revenue in the 1Q22 was BRL2.7bn (US$525.6m), a 21 per cent increase compared to 1Q21. Despite the instability of the local market, macroeconomic pressures and the strong basis for comparison with the same period last year, the increase in revenue was primarily due to the combination of higher sales volume and price. Adjusted EBITDA in the quarter was BRL359m, down 40 per cent compared to March 2021 due to cost pressure caused by commodity prices, l... |
HeidelbergCement parters Giatec Scientific with a minority investment11 May 2022, Published under Cement NewsHeidelbergCement continues to advance its digital transformation by acquiring a strategic minority stake in Canada-based technology company Giatec Scientific through a low single-digit million euro investment. Together with its new partner, HeidelbergCement will drive the development and adoption of industry-leading sensor technology and AI-driven software with the clear target to reduce the carbon footprint of concrete and optimise processes for its ready-mixed concrete customers. Giat... |
CS-Pozzolan-Perlite attracts cement producer interest10 May 2022, Published under Cement NewsSunrise Resources, a mineral exploration and development firm in Macclesfield, UK, is in talks with two US cement companies over supplying them with materials from its US sites as the country’s construction industry looks for more eco-friendly raw materials. The company has mined various sites in Canada, Finland, Ireland and Australia, but is now focussing on the development of its CS Pozzolan-Perlite project in Nevada, USA. Field visits have taken place at its American sites in the past ... |
Pangaea Logistics Solutions Ltd appoints VP Business Development - Ports & Logistics10 May 2022, Published under Cement NewsPangaea Logistics Solutions Ltd, who provides maritime logistics to transport a wide range of drybulk cargoes such as cement clinker, dolomite and limestone, has appointed Brent Mahana as vice president of business development for its ports and logistics business. Mr Mahana will bring over 30 years of experience in marine transportation, stevedoring, port and terminal management and related logistics activities, and will be focussed on expanding opportunities in Pangaea's growing ports an... |
Inside Lehigh Hanson’s Mitchell K4 project09 May 2022, Published under Cement NewsLehigh Hanson’s Mitchell K4 project represents one of the largest and most significant investments in new capacity for parent company HeidelbergCement. As a leading North American cement producer, Lehigh Hanson’s investment represents long-term focus on the US-Midwest market through state-of-the art production technology that will increase efficiencies and lower the company’s carbon footprint along the way. By Lehigh Cement, USA An overview of the Lehigh Hanson Mitchell K4 project... |
USA and Puerto Rico Portland and blended cement shipments up 19% in February09 May 2022, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico saw a 19 per cent hike to 6.8Mta in February 2022 when compared with February 2021, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and North Carolina, which accounted for a combined share of 50 per cent of February shipments. The leading producing states in February 2022 were California, Texas, Florida, Missouri and Alabama... |
CAD40m to Ciment Québec to reduce carbon footprint06 May 2022, Published under Cement NewsThe Government of Québec announced that it will provide CAD40m to Ciment Québec Inc to modernise part of the cement producer’s Saint-Basile plant to enable the production of lower-carbon cement. The project will include a new grinding workshop with two new grinding mills and could benefit from an additional CAD6m, added as financial support from the Québec Ministry of Finance. The addition of more efficient grinding systems will lead to a 10 per cent drop in greenhouse gas emissions. Ele... |