Cement News tagged under: USA
Argos reports record 1Q23 operating EBITDA10 May 2023, Published under Cement NewsArgos recorded an operating EBITDA of US$127m in the 1Q23, the highest achieved in a first quarter in its history and 41.3 per cent higher than in the 1Q22. Regarding consolidated revenues, it earned US$721m, representing a growth of 11.9 per cent compared to the previous year. Net profit closed at US$25m, while the leverage index stood at a level of 3.1 times, with a slight increase compared to December, mainly caused by the accelerated revaluation of the Colombian peso at the end of Ma... |
Prometheus Materials appoints Director of Product Management10 May 2023, Published under Cement NewsPrometheus Materials team welcomes Leo Atencio as its new Director of Product Management. Leo is a leader in sustainable design products and sustainable construction with over 25 years of experience in the building materials industry. He has successfully developed and deployed a number of innovative sustainable products and previously worked in aggregates, concrete and precast building materials within several sectors of the industry. Based in Boulder, Colorado, USA, Prometheus Materials ... |
Eagle Materials completes Martin Marietta cement acquisition05 May 2023, Published under Cement NewsEagle Materials has completed its acquisition of Martin Marietta ’s cement import and distribution business in northern California, which includes its cement terminal in Stockton. According to Eagle, the acquisition is consistent with the company’s strategic intentions to extend and strengthen its distribution reach across its heartland US cement manufacturing system. Commenting on the acquisition, Michael Haack, president and CEO of Eagle Materials, said, “Our Nevada Cement operation... |
Vulcan Materials' 1Q23 volumes hampered by poor weather05 May 2023, Published under Cement NewsVulcan Materials has reported revenue of US$1649m in the opening quarter of 2023, up from US$1541m in the same quarter a year earlier. Adjusted EBITDA over the same period has advanced from US$294m to US$338m, while gross profit has improved from US$269m to US$302m. Although shipments of aggregates over the 1Q23 fell to 51.7Mt, compared to 53Mt in the 1Q22, the freight-adjusted sales price per ton increased from US$15.52 in the 1Q22 to US$18.67 in the same period a year later, raising ... |
ENVEA acquires California Analytical Instruments Inc05 May 2023, Published under Cement NewsENVEA, comprised of ENVEA Global SAS and its subsidiary businesses, a designer, manufacturer and distributor of cutting-edge ambient air, emission and process monitoring systems for industry, laboratory, and government institutions, has announced the acquisition of California Analytical Instruments Inc (CAI). The financial terms of the transaction were not disclosed. CAI, headquartered in California, USA, is a leading environmental monitoring business. Founded in 1981 by Pete Furton, the ... |
ASTM proposes new standards for SCMs03 May 2023, Published under Cement NewsASTM International’s concrete and concrete aggregates committee (C09) is developing a proposed standard specification for a broad range of supplementary cementitious materials (SCMs) in the USA. According to ASTM International member Larry Sutter, this performance specification (WK70466) will ease the adoption of new materials used for SCMs as established sources become less available. “For a variety of reasons, historic sources of SCMs, like coal fly ash from electric power generation, a... |
US and Puerto Rican Portland and blended cement shipments down 3% in February02 May 2023, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico declined by 2.8 per cent YoY to 6.6Mt in February 2023, according to the US Geological Survey (USGS). Of the total blended volume, Portland limestone cement (Type IL) was estimated to have a share of 96 per cent (2.1Mt). The largest states in terms of cement consumption were Texas, Florida, California, Georgia and Arizona – with a combined share of 47.5 per cent of total cement consumption. The lead... |
New Mitchell Cement kiln line produces first clinker28 April 2023, Published under Cement NewsFirst clinker was produced at the Lehigh Portland Cement's new state-of-the-art cement plant in Mitchell, Indiana, USA, on 23 April 2023. The construction of the new Mitchell cement plant ( Heidelberg Materials group ) began in 2019 and the vast majority of the work at the site has now been completed. “We are extremely pleased to have the new Mitchell kiln online and producing clinker,” said Chris Ward, president and CEO of Heidelberg Materials North America . “With the capabilit... |
CRH supplies major highway project in Utah28 April 2023, Published under Cement NewsCRH is playing an integral part in the West Davis Corridor project in Utah, USA. The 27km (17-mile), four-lane greenfield highway project will include freeway-style interchanges and 10 miles of new trails for biking and walking. Construction of the corridor began in 2021 and will require 7.2Mt of aggregates, 445,000t of asphalt and 42,050m 3 (55,000 cubic yards) of ready-mixed concrete. Staker Parson Materials & Construction, a CRH company, is delivering key components to the project,... |
Hollingshead Cement opens new terminal28 April 2023, Published under Cement NewsHollingshead Cement, the cement division of SRM Concrete, has opened a new cement terminal in Nashville, Tennessee, USA. The dome-style terminal is capable of housing up to 50,000t of cement. SRM Concrete CEO, Jeff Hollingshead, stated, “We are thrilled to announce the opening of this new state-of-the-art terminal here in Nashville, and we are looking forward to servicing our own cement needs and those of our customers. Over the course of the last few years, the cement supply has been ... |