Cement News tagged under: US
Cemex heading towards strong earnings rebound17 July 2014, Published under Cement NewsCemex is expected to post a significant rebound in pretax earnings for the full year, driven primarily by the US recovery and an anticipated pick-up in Mexican volumes and pricing, according to JP Morgan forecasts. In a largely positive report on Latin American cement companies, JP Morgan notes: "We like the Cemex story on the back of strong growth in EBITDA…especially from the US and Mexico. Also, growing free cash flow should help to un-leverage its balance sheet. Propelled princip... |
US shipments rise 6% YoY02 July 2014, Published under Cement NewsShipments of Portland and blended cement in the US and Puerto Rico for the four months to the end of April 2014 reached 23.1Mt, up by about six per cent YoY, latest data from the US Geological Survey (USGS) shows. Shipments in April were 7.4Mt, an increase of about 11 per cent from the level in the same month of the previous year. The leading consuming states (Texas, California, Florida, Ohio and Illinois, in descending order), received about 41 per cent of the April total shipments. Pr... |
US first-quarter shipments seen surpassing 15.5Mt mark13 May 2014, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico of Portland and blended cement in the first quarter of 2014 reached 15.664Mt, preliminary data from the US Geological Survey shows. Imports for the three months to the end of March accounted for 1.168Mt of the total. Total dispatches in March alone stood at 6.106Mt, of which 434,484t were imported. Clinker production for the first three months of the year reached 14.3Mt and output during March 2014 tota... |
Lafarge sees improved operational trends in fourth quarter19 February 2014, Published under Cement NewsLafarge saw a continued improvement in fourth quarter volumes, supported by ongoing growth in most emerging markets, the recovery in the US and stabilising conditions in Europe. Adverse exchange rates continued to weigh on sales which were down two per cent in the final three months of 2013 to EUR3714m, but up five per cent on a like-for-like basis. 4Q EBITDA was down six per cent to EUR793m but up 14 per cent like-for-like as the group reported increases in all regions driven by highe... |
US full-year shipments reach 82Mt – preliminary data17 February 2014, Published under Cement NewsTotal shipments of blended cement in the US and Puerto Rico in 2013 including imports reached 82Mt, preliminary data from the USGS show. Domestic shipments were 75.624Mt while imports amounted to 6.383Mt. In December 2013, total shipments were 5.146Mt, comprising 4.756Mt of domestic deliveries and 390,188t of imports. |
USA January shipments rise 5.2% YoY18 March 2013, Published under Cement NewsCement shipments in the USA and Puerto Rico for January were up by 5.2 per cent than the same month of last year, the latest preliminary data from the US Geological Survey (USGS) shows. January 2013’s increase occurred despite being slightly colder and significantly wetter than January 2012, highlighted analysts at Jefferies International. Morevover, shipments have now increased in 30 of the last 35 months, it pointed out. Total shipments for Portland and blended cement in January 2013... |
US shipments ahead by 9% in 201204 March 2013, Published under Cement NewsTotal shipments of Portland and blended cements in the US and Puerto Rico in 2012 reached 79Mta, up by about nine per cent YoY, according to the latest data from the US Geological Survey. Imports for the year to December 2012, meanwhile, were up by about eight per cent YoY. In December 2012 shipments were about 4.8Mt, slightly less than the same month of the year before. The leading producing states in December were Texas, California, Missouri, Florida and Pennsylvania in descending orde... |
Boral announces further job cuts in new restructuring plan17 January 2013, Published under Cement NewsBuilding materials major Boral has announced a further round of job cuts, predominantly across its Australian operations, following a 100-day review of the company by its chief executive Mike Kane . The company is to cut 700 functional, operational support and managerial positions jobs in Australia. Of those 700, some 200 have already occurred in late 2012, with the majority of redundancies expected to be completed by March 2013. New South Wales is to bear the brunt of the cuts, accou... |
US shipments rise 10% from Jan-October 201214 January 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for October 2012 were about 8.1Mt, almost 10 per cent greater than shipments in October 2011. Shipments for the year through October were 67.6Mt, up by about 10 per cent, latest data from the US Geological Survey (USGS) shows The leading producing States in October were Texas, Missouri, California, Michigan, and Alabama, in descending order. The leading consuming states (Texas, California, Florida, Illino... |
Cemex: US far from fully recovering09 November 2012, Published under Cement NewsCemex has said that it is pleased with the way its US business is progressing but that it is still far from fully recovering. Speaking to Reuters, Maher Al-Haffar, Cemex's vice president of corporate communications and investor relations, said in an interview, said: "We are cautious and we are far from a full recovery in the US business but the trend is certainly in the right direction." In the first nine months of this year Cemex’s US turnover recovered and rose by 19.2 per cent to US$2... |