Cement News tagged under: USA
US claims 18% of Turkey's cement exports in the 9M2003 November 2020, Published under Cement NewsThe USA represented an 18 per cent share of Turkish cement exports during the first nine months of the year, the largest share amongst the export destinations, according to the Turkish Statistical Institute (TurkStat). In total, Turkey exported US$118.3bn worth of goods during the period in question. Around TRY7.7bn (US$923m) of this was made by the cement industry. In the January-September period, the value of cement exports to the US reached US$164m, followed by Israel (US$103.7m) an... |
GCC reports a 7% decline in net sales30 October 2020, Published under Cement NewsMexico’s Grupo Cementos de Chihuahua (GCC) reported a 6.8 per cent YoY decline in consolidated net sales to US$281.1m for the third quarter of 2020, compared with US$301.7m in the 3Q19. The fall was primarily due to decreased cement volumes in the US, concrete volumes in Mexico and the depreciation of the Mexican peso, according to its earnings report. However, it was partially offset by higher cement volumes in Mexico and a favourable price environment in both markets. Consolidated net sa... |
Cemex sees net sales rise to 3% to US$3.436bn in 3Q2029 October 2020, Published under Cement NewsCemex SAB de CV has announced its 3Q20 results with net sales increasing by three per cent on a like -for-like (LfL) basis to US$3.436bn, while EBITDA rose by 15 per cent to US$728m. Net operating earnings, before other expenses, rose by 20 per cent to US$453m on a LfL basis. Net debt plus perpetual notes fell by US$504m versus the previous quarter. Net sales in Mexico rose by 14 per cent on a LfL basis to US$723m. Operating EBITDA rose 16 per cent to US$246m on a LfL basis, versus... |
Summit Materials sees revenue fall 3% in 3Q2029 October 2020, Published under Cement NewsUSA-based Summit Materials saw its net revenue decrease 3.1 per cent YoY in the 3Q20 to US$645.2m, compared to US$665.8m in the corresponding period of last year. For the three months ended 26 September 2020, sales volumes increased 3.1 per cent YoY in aggregates but decreased one per cent in ready-mix concrete, 6.4 per cent in asphalt and 11.3 per cent in cement. Average selling prices fell 2.2 per cent YoY for aggregates, and edged up 0.5 per cent in cement and 4.6 per cent in ready-mix... |
Titan America's Pennsuco plant earns TRUE Platinum certification29 October 2020, Published under Cement NewsTitan America's Pennsuco plant in Medley, Florida, USA, is the first cement plant in the world to earn the highest level of certification possible under the Total Resource Use and Efficiency (TRUE) rating system for zero waste. Administered by Green Business Certification Inc (GBCI), TRUE helps facilities around the world define, pursue and achieve zero waste goals while becoming more resource efficient. To achieve the most rigorous level of certification, TRUE Platinum certification, ... |
Colonial Cement orders Bruks Siwertell ship uploader28 October 2020, Published under Cement NewsBruks Siwertell has been awarded a contract to supply the USA-based Colonial Group with a new high-capacity ship unloader. The fully-enclosed system will deliver dust-free cement handling for the company’s terminal in Savannah, Georgia, USA, and supports Colonial's cement import growth. The Siwertell 490 F-type ship unloader offers a rated cement handling capacity of 800tph and can discharge vessels up to Panamax size. "Environmental credentials were a strong factor in securing ... |
LafargeHolcim awarded US$1.5m grant for Florence carbon capture project26 October 2020, Published under Cement NewsLafargeHolcim has received a US$1.5m grant from the US Department of Energy to research and develop a system to capture and sequester carbon dioxide emissions at its cement plant in Florence, Colorado, USA. The Swiss-based company is partnering with Svante Inc and other firms. Jamie Gentoso, the CEO of US Cement at LafargeHolcim, said the company worked with Svante to build a pilot carbon-capture unit at a plant in British Columbia. "We started this initiative in November of last year,... |
Cemex exported 9% of Mexican output in 201926 October 2020, Published under Cement NewsCemex exported nine per cent of its Mexican cement sales in 2019. according to CE NAFTA 2.0. The company’s data show that 67 per cent of exports were delivered to US customers while the remaining 33 per cent were shipped to other Latin American countries. Exports were mainly in the form of cement although the company also shipped some clinker. |
Climate change a bigger threat than recession for US cement producers21 October 2020, Published under Cement NewsEd Sullivan, PCA senior vice-president and chief economist, gave an economic outlook for the USA and a cement business forecast on the opening day of the IEEE East Coast meeting yesterday. He advised that the current recession is not comparable to the 2008 Great recession when dozens of cement plants shut down and cement consumption decline year after year. The declines now at the most are about five per cent and that suggests that the risks coming from the recession might be small. ... |
PCA: US cement demand to see modest decline in 2020-2116 October 2020, Published under Cement NewsThe US Portland Cement Association (PCA) forecasts a modest decrease in cement consumption in 2020 and 2021 of 1.5 and 0.9 per cent, respectively. Its annual Fall Forecast discusses three economic scenarios, all based on a significant increase in COVID-19 infections during the 4Q20. The "U" shaped scenario would entail an increase in COVID-19 consistent with many baseline epidemiologist's projections. In this scenario, the economy achieves a gradual sustained recovery. 2021 cement consumpti... |