Cement News tagged under: North America
Martin Marietta thrives going west05 November 2021, Published under Cement NewsThis week, Martin Marietta, USA, released its third-quarter 2021 results with its Building Material business segment achieving a record US$1.39bn of revenues for the period. ICR looks at what is helping the company break records and how it is evolving its business model to favour future growth opportunities. Martin Marietta is set up as an aggregates-led building materials company. It is the market leader or in second place in 90 per cent of US aggregate markets, having bolstered its operat... |
Summit Materials posts 3% improvement in revenue04 November 2021, Published under Cement NewsUS-based Summit Materials has announced its third quarter results for 2021, recording an 18.2 per cent YoY decrease in net income to US$74.2m from US$90.7m in the year-ago period. However, net revenue improved 2.6 per cent to US$662.3m from US$645.2m in the 3Q20, supported by higher aggregates, ready-mix concrete and cement revenue on continued favourable market demand conditions and price growth in all lines of business, according to a statement. Adjusted EBITDA also increased 7.3 per cen... |
Eagle Materials appoints Mauro Gregorio to its board04 November 2021, Published under Cement NewsUSA-based Eagle Materials has appointed Mauro Gregorio to its board of directors. Mr Gregorio is the currently president of Performance Materials and Coatings at Dow, a supplier of innovative solutions in infrastructure and transportation. "Eagle Materials has a strong board with a diverse mix of backgrounds, capabilities and experiences, and today our board is even stronger with the addition of Mauro. I could not be more delighted that Mauro is joining us. His insights and perspective will... |
Martin Marietta sets record revenues in 3Q2103 November 2021, Published under Cement NewsMartin Marietta Materials Inc reported results for the third quarter ended 30 September 2021, achieving record consolidated products and services revenues of US$1.463bn, versus US$1.241bn in 2020. The building materials business produced record products and services revenues of US$1,390.8m, a 17.3 per cent increase, and record product gross profit of US$413.1m, a 7.9 per cent rise. Cement shipments increased 4.1 per cent, benefitting from robust construction activity throughout... |
Cemex Miami plant receives 2021 Energy Star Certification03 November 2021, Published under Cement NewsCemex has announced that its cement plant in Miami, Florida, has been recognised by the United States Environmental Protection Agency (EPA) for the 11 th consecutive year for its ongoing energy efficiency and sustainability efforts, earning 2021 Energy Star ® Certification. To earn the achievement each year, including for the 2021 certification, operations at the Miami Cement plant had to reach Energy Star Plant Energy Performance Indicators and rank in the top 25 per cent of s... |
H&M Industrial Services works on southeast US pyroprocessing project02 November 2021, Published under Cement NewsH&M Industrial Services Inc has recently achieved a major project milestone on the new pyroprocessing plant and preheat tower project that it designed, supplied and is currently erecting in the southeast USA. Global teams have worked together since late 2019 to design, engineer, fabricate, procure and install the cement plant project. Now the last stack section has been installed solidifying the highest elevation of the project 'topping out' the installation. Full commercial operat... |
Finnsement CEO adds CRH US Building Products position to duties01 November 2021, Published under Cement NewsFinnsement CEO, Miikka Riionheimo, is set to take up a new position within the CRH Group's Building Products organisation. His position in Atlanta, USA, is senior vice president of strategy and development. For the time being, Mr Riionheimo remains the CEO of Finnsement. |
Cemex reports net sales of US$3.8bn in 3Q2129 October 2021, Published under Cement NewsCemex reports consolidated net sales of US$3.8bn in the 3Q21, a rise of eight per cent versus the 3Q20. EBITDA fell by one per cent to US$740m, due mainly to supply chain disruption and a sudden rise in energy and transportation costs. Consolidated cement and aggregate sales volume grew by one per cent while ready-mix grew by three per cent and urbanisation solutions grew by 16 per cent in the 3Q21. Net debt for the company declined by US$248m versus the 2Q21 and the leverage ratio dr... |
Carbon Clean appoints former US Secretary of Energy as advisor27 October 2021, Published under Cement NewsCarbon Clean is being joined by Ernest J Moniz, former US Secretary of Energy, as an advisor to its Board of Directors. Mr Moniz, the founder of strategic advisory firm EJM Associates, will guide the company on its strategy to become a leading player in the low-carbon transition. “Carbon capture is central to a robust climate response – decarbonising power plants and industrial facilities, enabling hydrogen production and atmospheric carbon dioxide removal,” said Mr Moniz. “Ramping up ... |
HC Trading Americas opens Miami office and appoints General Director of Trading18 October 2021, Published under Cement NewsHC Trading Americas, LLC has a new office in Miami HC Trading Americas, LLC has recently started its operations in Miami, USA. From this location, North, Central and South America are served for all cement, solid fuels and associated raw materials. Andrew Preston joined the company as of 27 September 2021 as General Director of Trading for Americas and he leads the team in the new office in the Coral Gables area. In his position, Andrew reports directly to Dr ... |