Cement News tagged under: USA
Buzzi Unicem records net sales of EUR3bn in 9M2209 November 2022, Published under Cement NewsBuzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine months of 2022, reached 21.9Mt, down 6.2 per cent compared to the previous year. Ready-mix concrete sales closed with a more moderate slowdown at 8.8Mm 3 , a fall of 2.8 per cent. Foreign exchange rate variances positively contributed for EUR160.9 m. Net debt improved from EUR16.8m at the end of 2021 to a positive pos... |
Summit Materials net revenue rises to US$686m in 3Q2207 November 2022, Published under Cement NewsSummit Materials ' reported net revenue rose by US$23.8m to US$686m in the 3Q22, up 3.6 per cent on the 3Q21. Adjusted EBITDA declined US$5.4m to US$184.9m over the same period, reflecting the impact of divestitures and inflationary cost of revenue conditions. The company saw 3Q22 cement net revenues of US$119.9m, an increase of 29.6 per cent compared to 3Q21. Sales volumes of cement rose by 12.4 per cent in the 3Q22 driven by compounding price actions taken in 2022 and a focus on va... |
Holcim showcases low-carbon materials at Greenbuild02 November 2022, Published under Cement NewsHolcim is exhibiting at Greenbuild 2022 in San Francisco, to showcase its most innovative and sustainable building solutions, making green building possible at scale. Greenbuild is the premier event for green building professionals worldwide, taking place from 1-3 November, in San Francisco, CA, USA and it is celebrating its 20-year anniversary. Holcim is demonstrating its low-carbon materials, such as the industry’s broadest range of green concrete, ECOPact, offering 100 per cent p... |
Royal White Cement increases US Southwest throughput capacity01 November 2022, Published under Cement NewsUS-based Royal White Cement plans to construct a 100,000tpa terminal on the Houston Ship Channel in Texas, USA to transfer cementitious materials to truck tankers or rail cars. Located near the mouth of the channel, the facility will be built on a 23.8-acre site of Industry Realty Group (IRG), repurposing three structures previously used for fertilisers. The property features a draught of (12.8m (~42ft) and a 262.7m (862ft) waterway frontage, plus extensive rail infrastructure for up t... |
Eagle Materials posts 19% rise in revenue in 2QFY2328 October 2022, Published under Cement NewsEagle Materials has posted a 19 per cent YoY increase in revenue to a record US$605m in the second quarter of fiscal year 2023 ended 30 September. Record net earnings of US$139m were also seen over the same period, up 36 per cent YoY. Adjusted EBITDA advanced 21 per cent to US$227m. Commenting on the results, Michael Haack, president and CEO of Eagle Materials, said, “At this unique time in the US markets, we are pleased to report second quarter results that once again exceeded our exp... |
US and Puerto Rico Portland and blended cement market expands 7% in August28 October 2022, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico saw a 7.3 per cent YoY advance to 10.9Mt in August 2022, according to the US Geological Survey (USGS). The country’s leading markets included Texas, California, Florida, Illinois and Ohio, where 36.6 per cent of sales were delivered. The leading producing states for Portland and blended cements were Texas, Missouri, California, Florida and Michigan, which accounted for 37.2 per cent of cement produc... |
GCC posts 18% hike in 3Q net profit26 October 2022, Published under Cement NewsGCC reported an 11.8 per cent YoY increase in sales to US$352.8m in the July-September 2022 period from US$315.4m in the year-ago period. EBITDA in the 3Q22 advanced by 6.6 per cent YoY to US$117.4m. Meanwhile, the consolidated net profit of GCC increased by 18.4 per cent YoY to US$69.5m in the 3Q22 when compared with US$58.7m in the 3Q21. “Once again we achieved an extraordinary performance. The results of the third quarter reflect that GCC continues to successfully mitigate the impacts o... |
GCCA and ACI join forces to promote concrete sustainability25 October 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) and the American Concrete Institute (ACI) have signed an International Partnership Agreement (IPA) to develop and disseminate information on concrete, concrete structures, and concrete sustainability. GCCA is the key driver of sustainability in the cement and concrete industry, working towards the goal of carbon neutral concrete. Representing 80 per cent of global production outside of China, as well as key Chinese producers such as CNBM, t... |
Continental Cement produces lowest carbon PLC to date24 October 2022, Published under Cement NewsContinental Cement Company LLC , a subsidiary of Summit Materials , has produced a 20 per cent Portland limestone cement (PLC), the lowest carbon PLC to date, as part of a research project for the Minnesota Department of Transportation (MnDOT) and the National Road Research Alliance. The research project evaluated the performance of low carbon cement products for use in future transportation infrastructure procurement and material selection to reduce overall environmental impacts. PLC ... |
Continental Cement achieves a 20% lower carbon Portland cement21 October 2022, Published under Cement NewsContinental Cement Company LLC ( Summit Materials Inc ) produced a 20 per cent Portland limestone cement (PLC), the lowest-carbon Portland limestone cement to date as part of an innovative research project for the Minnesota Department of Transportation (MnDoT) and the National Road Research Alliance project. The research study evaluates the performance of low-carbon cement and concrete products for utilisation in future transportation infrastructure procurement and material selectio... |