Cement News tagged under: USA
PCA forecasts falling US cement consumption growth rate16 November 2018, Published under Cement NewsThe Portland Cement Association (PCA) Market Intelligence Group forecast for cement consumption over the next two years in the USA predicts a falling growth rate. Growth is expected to decelerate from 2.9 per cent this year to 2.6 per cent next year and further to 1.6 per cent in 2020. "We are expecting relatively modest but sustained interest rate increases after 10 years of low and stable rates," said PCA Senior Vice President and Chief Economist, Ed Sullivan. "The Federal Reserve’s acti... |
Cementos Argos reports 13% rise in 3Q net income15 November 2018, Published under Cement NewsCementos Argos revenues edged up 1.1 per cent to COP2218bn (US$692.6m) in the third quarter of 2018 from COP2194bn in the 3Q17. In terms of sales volumes, the company increased its cement sales by 2.2 per cent to 4.242Mt and ready-mix concrete (RMC) volumes by 1.3 per cent to 2.699Mm 3 in the quarter, reflecting improved dynamics in all regions. The company's EBITDA increased 4.3 per cent YoY to COP425bn from COP407bn in the year-ago period while the EBITDA margin improved to 19.2 per cen... |
US and Puerto Rican markets expand 6% in August14 November 2018, Published under Cement NewsTotal shipments of Portland and blended cements in the USA and Puerto Rico increased by 5.8 per cent in August 2018 when compared with August 2017, according to the latest figures by the US Geological Survey (USGS). In the first eight months of 2018 deliveries rose 4.2 per cent YoY to 65.5Mt. The leading producing states were Texas, California, Missouri, Florida and Michigan, and accounted for a combined share of 37 per cent of total production. Some 1.394Mt of imports supplemented domest... |
Vicat optimistic for future growth09 November 2018, Published under Cement NewsThis week Vicat announced its 9M18 results with a 7.6 per cent growth in sales, while weaker exchange rates impacted on revenues. Parts of Europe and the US market had a positive effect on results, but Vicat found devaluation of the Turkish lira and production issues in Egypt slowing its progress. Currency headwinds had a negative impact of EUR125m for the group at the end of September. Looking ahead, the group forecasts further growth in the USA and will also want to see market improvemen... |
Buzzi Unicem's 9M18 cement volumes rise by 3.1%08 November 2018, Published under Cement NewsBuzzi Unicem reports that its 9M18 cement volumes recorded a rise of 3.1 per cent to 20.9Mt, up from 20.3Mt in 9M17. Consolidated net sales for the 9M18 amounted to EUR2137.4m , up 0.2 per cent compared to EUR2133.4m in the same period of 2017. Cement and clinker sales of the group in the period January-September 2018 stood at 20.9Mt, an advance of 3.1 per cent compared to the previous year (-0.8 per cent on a like-for-like basis). Meanwhile, Buzzi Unicem's ready-mix sales fell by 1.... |
LafargeHolcim Paulding harnesses wind power08 November 2018, Published under Cement NewsLafargeHolcim's Paulding plant has become the group's first cement plant in North America to harness wind power. "Distributed wind energy is a first for LafargeHolcim in North America and something we're excited to leverage," said Jamie M Gentoso, CEO of US Cement operations. "The Paulding cement plant has been an anchor of this region for decades, producing high-quality cement and mineral components for our nation’s highways, roads, airports and national landmarks. Investing in new ways to... |
Martin Marietta Materials reports double-digit 3Q growth07 November 2018, Published under Cement NewsMartin Marietta Materials’ nine-month turnover improved by 7.6 per cent to US$3224m and increased turnover by 12.1 per cent to US$1219.6m in the third quarter of 2018. EBITDA advanced by 15.1 per cent to US$349m. The trading profit only improved by six per cent to US$240.7m, the net attributable profit rose by 18.9 per cent to US$180.2m. The aggregates turnover increased by 9.8 per cent to US$1778.1m in the first nine months, while the third quarter showed a 16.5 per cent advance to US$68... |
HeidelbergCement partially adapts 2018 outlook18 October 2018, Published under Cement NewsToday, HeidelbergCement has made a new assessment of the current business year based on preliminary numbers for the 3Q18. Sales volumes and revenue of the first nine months of 2018 developed within expectations and the guidance for the full year remains unchanged. However, the outlook for 2018 is adapted to a low- to mid-single-digit percentage decline (previously: mid- to high-single digit percentage increase). HeidelbergCement said in a statement that: "The reason for the adjustment is... |
Bronx terminal brings environmental benefits16 October 2018, Published under Cement NewsMcInnis Cement has opened its Bronx terminal at the South Bronx waterfront, New York, USA. The terminal is approximately 100,000ft 2 with a warehouse for storing 44,000Mt of cement. Large ocean-going vessels will deliver cement from the company's plant in Port-Daniel-Gascons, Quebec, to the Bronx about once per month. The environmental benefits of the project will include a decrease in traffic on local roads and bridges, eliminating as many as 25,000 one-way truck trips across the region. ... |
PCA seeks EPA reform of non-hazardous secondary materials policy11 October 2018, Published under Cement NewsThe Portland Cement Association (PCA) has called for changes to the US Environmental Protection Agency's (EPA) non-hazardous secondary materials (NHSM) policy. PCA Vice President and Counsel for Government Affairs, Charles Franklin, explained why reforming EPA's NHSM policy was so important for the cement industry. While many cement manufacturers already strive to use alternative fuels, they are often limited by federal regulations that deem such materials to be wastes, subjecting facilitie... |