Cement News tagged under: USA
Holcim (US) receives HandsOn South Alabama's Corporate Citizenship Award14 February 2013, Published under Cement NewsHolcim (US) announced today that its Theodore plant located in Theodore, AL, received the Corporate Citizenship Award from HandsOn South Alabama (HOSA) at the organisation’s 31st annual Heart of Gold Awards. The award honors volunteer service. HOSA mobilises volunteers in the community to make a sustainable and measurable impact in education, the environment, economic stability and emergency preparedness. "I am so proud of the work the employees of the Theodore plant have done in our commun... |
November 2012 sees eight per cent rise in US cement shipments11 February 2013, Published under Cement NewsTotal shipments for Portland and blended cement in the US and Puerto Rico reached 6.6Mt in November 2012, representing an increase of nearly eight per cent, according to the latest figures from the US Geological Survey (USGS). The leading consuming states (Texas, California, Florida, Ohio and Illinois, in descending order) received about 37 per cent of the November total shipments). The leading producing states were Texas, Missouri, California, Florida and Michigan (in descending orde... |
Eagle Materials trading profit almost trebles, USA07 February 2013, Published under Cement NewsEagle Materials' turnover, including its share of the Texan cement joint venture with HeidelbergCement, rose by 22.7 per cent to US$366.32m for the six months to the end of September and the trading profit virtually trebled to US$53.35m. After a net interest 20 per cent lower at US$7.31m, the pre-tax profit jumped by 424.5 per cent to US$46.04m. Net debt of US$243.9m at the end of September represented 48.6 per cent of shareholders' funds compared with 59.4 per cent a year earlier. Eagle ... |
Cemex expected to narrow fourth-quarter loss06 February 2013, Published under Cement NewsCemex is expected to narrow its net loss in the fourth-quarter of 2012 from a year earlier, helped by improved performance in its main US market and cost reduction. A Reuters poll showed six analysts on average forecast that Cemex lost US$47m in the October-December period, compared with a net loss of US$146m in the same period of 2011. Analysts' forecasts ranged from earnings of US$77m to a loss of US$134m. |
PCA revises 2013 consumption outlook upwards18 January 2013, Published under Cement NewsAccording to the latest forecast from the Portland Cement Association (PCA), there will be an 8.1 per cent growth in cement consumption in 2013, significantly higher than the tepid growth projected in its fall 2012 report. The upward revisions reflect adjustments made in light of the recent fiscal cliff accord, recognition of stronger economic momentum, and markedly more optimistic assessments regarding residential construction activity. The January report marked 2012 consumption at 78... |
Lafarge sells aggregate quarries in Georgia11 January 2013, Published under Cement NewsLafarge announces it has signed binding agreements for the sale of six aggregates quarries in Georgia (USA) for a total enterprise value of US$160m. These assets represent less than one cent of the company's sales in North America in 2011. These transactions are subject to relevant approvals. "With these divestments in a region where Lafarge is present only through its aggregates operations, the group pursues its strategy of focusing on most promising geographic areas where we have int... |
Texas Industries increases volumes, USA10 January 2013, Published under Cement NewsDuring the first half of its financial year (to the end of November), Texas Industries increased volumes and reduced losses and is on schedule to complete commissioning of its new kiln line this spring. The company's turnover rose by 9.1 per cent to US$342.2m. The interest charges declined by 16.7 per cent to US$15.3m and the pre-tax loss was reduced by 41.6 per cent to US$18.4m. The corporate activities incurred a loss 69.6 per cent higher at US$20.9m. Even after a reduced tax credit, t... |
Gregory M Scott to head Portland Cement Association, USA04 January 2013, Published under Cement NewsGregory M Scott is to lead the Portland Cement Association as president and chief executive officer. He will head the US cement industry body from its Washington, DC, office and represent PCA and its members before Congress, the Administration and the White House. Mr Scott joined PCA in January 2012 as the senior president of government affairs and was promoted to president in September. “Scott brings a strong record of accomplishments to PCA with a wealth of experience in trade associati... |
Cemex leads the charge on US pricing03 December 2012, Published under Cement NewsCemex is planning two incremental cement price increases in January and April 2013 in a bid to reverse the "chronic under-pricing of cement in the US", says Karl Watson, president Cemex USA. Speaking at a presentation in Mexico on Tuesday this week, Watson said that the price increases of US$8/t each are integral to the company's goal of achieving an EBITDA of over US$1bn by 2016. "Prices, in real terms, averaged US$154/t in the 1970s. The current industry price of, on average, US$90/t is... |
Holcim (US) Celebrates Centennial29 November 2012, Published under Cement NewsThe Holcim (US) Portland facility is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US), one of the nation's leading manufacturers and suppliers of cement and mineral components, is celebrating its 100-year anniversary by participating in Together for Communities, an initiative in which employees lead local volunteer projects. "Our employees at the Portland facility have shown great dedication in their ... |