Cement News tagged under: USA
Seizing opportunities08 August 2016, Published under Cement NewsCementos Argos has expanded rapidly over the last decade from a local Colombian company to a multinational cement, concrete and aggregates player, competing successfully in a global business environment. ICR speaks with Cementos Argos’ CEO, Juan Esteban Calle, about the company’s continued rise. Juan Esteban Calle, CEO of Cementos Argos By the end of 2015 Cementos Argos had transformed its operations to encompass nine integrated cement plants in Colombia, three in the US and one... |
USA: cement shipments rise 5.1% in May05 August 2016, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico in May 2016 were about 8.2Mt, up by 5.1 per cent from sales in May 2015. The leading producing states for Portland and blended cement sales in May were California, Texas, Missouri, Florida, and Michigan, in descending order, and these states accounted for nearly 40 per cent of the national total. The leading cement-consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) receiv... |
Vicat's 1H16 results in the USA continue to improve04 August 2016, Published under Cement NewsVicat's first half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. The EBITDA improved by 2.3 per cent to EUR208m and the margin improved from 16.3 per cent to 16.8 per cent. The trading profit moved ahead by 11.2 per cent to EUR103m, with the underlying margin improving by 16.5 per cent. The net attributable profit improved by 45.7 per cent to EUR49m, while net debt at the end of the period amounted to EUR1059m and the gearing le... |
USA: Cemex to supply Florida Highway project04 August 2016, Published under Cement NewsCemex USA is participating in the I-4 Ultimate Improvement Project, a 21-mile reconstruction of Central Florida’s main interstate highway. This is the largest and most complex infrastructure project currently underway in Florida, USA. The I-4 Improvement Project will upgrade interchanges and bridges for the communities in Orange and Seminole Counties. Cemex is expected to supply more than 4900 truckloads of reinforced ready-mix concrete pipe and more than 375,000 of the 620,000 cubic yards... |
USA: Martin Marietta 2Q16 gross profits up 23%03 August 2016, Published under Cement NewsMartin Marietta Materials, one of the top five US aggregates producers, has announced a first half turnover 11.3 per cent ahead at US$1649.8m and EBITDA rose by 40.6 per cent to US$419.1m. The trading profit jumped by 67 per cent to US$271.5m and after a net interest charge that was 5.4 per cent higher at US$40.3m and other items, the pretax profit jumped by 90.3 per cent to US$240.3m and the net attributable profit advanced by 89.6 per cent to US$167m. Net debt at the end of June was 8.8 pe... |
Titan's US business continues to advance29 July 2016, Published under Cement NewsTitan's first-half turnover improved by 7.6 per cent to EUR723.8m and EBITDA was ahead by 13.5 per cent to EUR119.5m. Following an increase in the depreciation charge of a modest 6.7 per cent, the trading profit improved by 21.4 per cent to EUR59m. After a net financial charge 6.2 per cent higher at EUR34.7m and other items, notably foreign exchange, the pretax profit dropped from EUR30.9m to EUR7.4m. At the net attributable level, the profit declined from EUR24.4m to EUR9.2m. Capital inves... |
Eagle Materials advances cement volumes by 13%26 July 2016, Published under Cement NewsIn the first quarter of its financial year to 31 March, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, increased by 3.3 per cent to US$322.4m. The trading profit advanced by 17.9 per cent to US$71.2m and after an interest charge 13 per cent lower at US$3.9m, the pretax profit was up by 20.4 per cent to US$67.3m and the net attributable profit rose by 20.1 per cent to US$45.4m. The net debt at the end of June stood at US$489.5m, giving a gearing le... |
USA: cement demand stable in April19 July 2016, Published under Cement NewsTotal Portland and blended cement shipments in the USA and Puerto Rico remained stable at 7.692Mt in April 2016 when compared with the previous year when 7.678Mt were delivered, according to the US Geological Survey’s latest data. Texas was the leading consumer with 848,730t, followed by California, Florida, Ohio and Georgia (in descending order). Together they accounted for 39 per cent of domestic consumption. The leading producing states for Portland and blended cement were Texas, Ca... |
IEEE: welcome to Texas06 July 2016, Published under Cement NewsThe 58th IEEE-IAS/PCA Cement Industry Technical Conference was held between 15-19 May 2016 at the Gaylord Texas Resort Centre in Grapevine, Texas, USA. Supported by a 176-stand exhibition, the event attracted more than 970 delegates from 28 countries and presented a wide range of technical papers as well as featuring panel discussions and tutorials. By ICR Research, UK. With 970 delegates from 28 countries, the IEEE-IAS/PCA Cement Industry Technical Conference could draw on a wealt... |
USA: clearance for Italcementi acquisition20 June 2016, Published under Cement NewsOn 17 June 2016, the United States Federal Trade Commission reached an agreement with HeidelbergCement AG and Italcementi SpA allowing the merger between the two companies to proceed on schedule. The Federal Trade Commission accepted the proposed divestment of operations in the US, which primarily consists of Italcementi’s Martinsburg, West Virginia plant and up to 11 terminals. All competition approvals necessary for closing the Italcementi acquisition have now been obtained. The full... |