Cement News tagged under: USA
PCA sees 3.5% cement consumption growth annually in next two years25 May 2017, Published under Cement NewsThe Portland Cement Association (PCA) announced it expects US cement consumption to reach 3.5 per cent annual growth during the remainder of 2017 and 2018, based on analysis of data and policies likely to impact the industry in the years ahead. Speaking before the IEEE-IAS/PCA Cement Conference in Calgary, Alberta, Canada, PCA Senior Vice President and Chief Economist, Ed Sullivan, said that while details on specific federal US policies are not yet fully available, the association is ... |
Cemex USA recognised for land stewardship24 May 2017, Published under Cement NewsCemex USA has been recognised by the Texas Parks and Wildlife Department for its ongoing commitment to sustainability and land stewardship with the 2017 Lone Star Land Steward Award for the Trans Pecos Ecoregion. The award recognises Cemex, the El Carmen Land & Conservation Co LLC and part owner of the ECLCC, Josiah Austin, for their dedication to excellence in wildlife and natural-resource management through work in Texas at the El Carmen Nature Reserve, a private trans-boundary conservat... |
Eagle Materials produces record results19 May 2017, Published under Cement NewsIncluding its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the financial year to the end of March 2017 improved by 11.7 per cent to US$1317.1m. Of this total turnover, the cement segment accounted for the largest share (41.8 per cent), followed by plasterboard (36 per cent), aggregates and concrete (11.6 per cent), plasterboard liner (eight per cent) and oil and gas (2.6 per cent). EBITDA emerged at US$403.8m, an increase of 22.9 per cent. The tradi... |
Graymont completes sale of New York Materials business to Upstone16 May 2017, Published under Cement NewsGraymont, supplier of lime and limestone products, has completed the transaction to sell its New York Materials business to Upstone Materials Inc. The New York Materials business is focussed on providing construction stone, sand and gravel, asphalt products and ready-mix concrete to meet infrastructure and general construction needs in the region Graymont serves major markets throughout the United States and Canada, and has extended its reach into the Asia-Pacific region. Graymont also ... |
Nevada Cement Co to reduce emissions, upgrade pollution controls15 May 2017, Published under Cement NewsThe US Environmental Protection Agency announced an agreement with the Nevada Cement Company to install new air pollution control technology at its Nevada facility and replace a heavy-duty diesel truck and a diesel railcar mover at the facility with clean emissions vehicles. Today’s agreement improves Nevada Cement’s compliance with federal clean air laws and resolves alleged violations of the Clean Air Act. The upgrade will reduce NOx emissions by approximately 1140tpa. “This settlement w... |
Cementos Argos 1Q revenues impacted by Colombia12 May 2017, Published under Cement NewsCementos Argos posted a 6.1 per cent decline in consolidated revenues for the first three months of the year, citing a challenging first quarter affected mainly by Colombia. Over 70 per cent of revenues and EBITDA came from operations outside of Colombia. The US continues to be its main market in terms of revenues, cement and ready-mix volumes. For the first time, the Caribbean and Central America group region was the leading contributor to EBITDA accounting for 43 per cent. Cement vo... |
Cemex expands network to meet higher US demand12 May 2017, Published under Cement NewsTo meet the increased number of construction projects in southern California, Cemex USA is expanding its network in the region with plans for a state-of-the-art rail-served distribution terminal in Los Angeles and a new aggregate loading system at its quarry in Victorville, California. This terminal is expected to bring high-quality aggregates to the Los Angeles metropolitan area and surrounding communities. “The Los Angeles metro area continues to grow, and Cemex USA continues to be a maj... |
Titan 1Q results driven by US market11 May 2017, Published under Cement NewsFinancial results for Titan Group in the first quarter of 2017 recorded an improvement, primarily due to the continued recovery of the US market. All geographic regions where the group operates recorded higher sales volumes with the exception of Greece, where demand remains stagnant at low levels. Consolidated turnover was EUR361.8m posting a 7.1 per cent increase compared to the 1Q16. EBITDA increased by 18 per cent reaching EUR51.1m. The net result after minority interests and the provi... |
Vulcan Materials improves net profit11 May 2017, Published under Cement NewsVulcan Materials, the largest US aggregates producer, generated a 1Q17 turnover 4.3 per cent ahead at US$787.3m while EBITDA declined by four per cent to US$149.3m, having just over doubled the year before. At the trading level, the first-quarter profit improved by 11.5 per cent to US$67.4m and the net interest charge in the period increased by one per cent to US$34.17m, giving a pretax profit 32.3 per cent higher at US$43.5m. At the net attributable level the profit increased by 11.9 per ce... |
Summit full-year income up 32.7%08 May 2017, Published under Cement NewsFor the 12 months ended 31 December, Summit Materials Inc reported basic and diluted earnings per share of US$0.53 on net income of US$36.8m up 32.7 per cent YoY. For the same 12-month period, the US-based producer reported adjusted net income of US$98.3m. For the three months ended 31 December 2016, it reported a basic loss per share of ($0.00) on a net loss of (US$0.3). For the same three-month period, Summit reported adjusted diluted earnings per share of US$0.21 on adjusted net income... |