Cement News tagged under: USA
Holcim and Lafarge propose final US asset disposals17 April 2015, Published under Cement NewsLafarge and Holcim announce further details on the package of assets they propose to divest in the United States, as part of their planned merger to create LafargeHolcim. The divestments include: • Lafarge's 1.1Mta Davenport cement plant (Iowa) and seven terminals along the Mississippi River to be sold to Summit Materials for a total consideration of US$450m in cash plus Summit’s Bettendorf, Iowa cement terminal • three Holcim terminals in Michigan and Illinois • Holcim's 0.6Mta Skyway... |
Spain: Cementos Portland reports EUR29.5m loss16 April 2015, Published under Cement NewsFCC-owned Cementos Portland closed the first quarter of 2015 with a EUR29.5m loss, representing a 21.2 per cent higher figure when compared with 1Q14. The cement company attributes the fall to lower CO2 sales and new accounting rules relating to annual maintenance costs. Taking into account these effects, results improve by EUR7m. Revenues increased 9.4 per cent to EUR121.8m as the company maintained stable cement sales of 1.6Mt. However, concrete deliveries were down 43 per cent to 66M... |
US January shipments up 12% YoY15 April 2015, Published under Cement NewsPortland and blended cement in the US and Puerto Rico in January 2015 increased by about 12 per cent YoY to 5.4Mt, latest data from the US Geological Survey confirms. The leading Portland cement-producing states in January were Texas, California, Missouri, Florida and Alabama, in descending order. The leading consuming states (Texas, California, Florida, Georgia and Arizona, in descending order) received about 48 per cent of the January shipments. Clinker production totalled 5.4Mt in Ja... |
PCA forecasts growth trend to continue, imports to increase rapidly14 April 2015, Published under Cement NewsUS cement consumption will continue its growth trend in 2015, with cement and clinker imports forecast to grow rapidly in 2017 and beyond, according to the Portland Cement Association (PCA). During the 2015 PCA Spring Meeting, PCA chief economist and Group VP Edward J Sullivan projected that total cement consumption would increase by 7.5 per cent from last year, and continue to grow in 2016 by 7.9 per cent. "The forecast indicates that the healing in the US economy has taken place," said M... |
GCC expects declining growth on low oil prices10 April 2015, Published under Cement NewsGrupo Cementos de Chihuahua (GCC) expects sales growth to decline this year after record revenue last year as low oil prices constrict demand in the United States, the company's top market. GCC Treasurer Luis Carlos Arias told Reuters in an interview that after a nearly 20 per cent sales spike in 2014, the company projects only single digit growth in the US, which accounts for about 70 per cent of total sales. Demand in Mexico is expected to fall slightly, he said. |
US market picks up 12% YoY in January 201503 April 2015, Published under Cement NewsUS market demand reached 5,355,378t, representing a 12.1 per cent increase on January 2014, according to preliminary figures by the US Geological Survey. Shipments of Portland and blended cement by US producers reached 4,859,373t in January 2015. Clinker production stood at 5,407,342t. In addition, the country imported some 496,005t of cement. Exports by US producers totalled 51,037t, down 9.5 per cent YoY. |
US shipments reach 88.4Mt in 201402 April 2015, Published under Cement NewsPortland and blended cement shipments in the US and Puerto Rico in 2014 reached 88.4Mt, up by about eight per cent YoY, latest data from the US Geological Survey (USGS) confirms. In December 2014 alone, shipments reached 6.2Mt, a rise of 22 per cent from the level in December 2013. The leading Portland cement-producing states in December were Texas, California, Missouri, Florida and Alabama, in descending order. The leading consuming states (Texas, California, Florida, Ohio and Illinois, ... |
Buzzi Unicem returns to a net profit30 March 2015, Published under Cement NewsOn a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a 4.8 per cent advance to EUR422.7m. Following a 23 per cent reduction in impairment charges, depreciation and amortisation, the trading profit (EBIT) more than doubled from EUR86.5m to EUR178.7m. After a net interest charge 52.1 per cent lower at EUR53.1m, the pre-tax profit jumped from just EUR16.0m to EUR175.6m. A... |
Cemex to supply state-of-the-art transit systems in California Bay area, USA27 March 2015, Published under Cement NewsCemex is to supply structural concrete on two massive, state-of-the-art transit systems in the California Bay Area which, upon completion, are expected to serve more than 61 million people every year. Between 2000 and 2030, 1.25 million new vehicles are expected to enter the Northern California Bay Area -- a 31.5 per cent increase over 30 years. In response, cities and local transportation agencies are providing much needed alternatives for commuters through the construction of new, state-o... |
Cementos Argos readies itself for 'vibrant' US market growth26 March 2015, Published under Cement NewsWith US demand recovery on a roll, Cementos Argos is readying itself for 'vibrant' growth in the years ahead with the group having consolidated its presence in nine strategic states. Last year, Argos recorded historic overall results in terms of both income and EBITDA, which rose above US$2.9m and US$534m (growth of 17 and eight per cent, respectively). The company reported unprecedented consolidated figures in terms of cement and concrete sales volumes, dispatching 12.5Mt of cement and 11M... |