Cement News tagged under: USA
First for Midlothian18 May 2016, Published under Cement NewsIEEE-IAS/PCA Conference attendees will tour the first National Emissions Standards for Hazardous Air Pollutants (NESHAP)-compliant kiln in the United States. Ash Grove Cement Company’s Midlothian (TX) plant modernised its pyroprocess and met NESHAP requirements by September 2014, a whole year ahead of most other US cement plants. By Jacqueline K Clark, Ash Grove Cement Co, USA. IEEE-IAS/PCA Conference delegates will visit Ash Grove Cement Co's Midlothian plant in Texas, USA - the f... |
58th IEEE-IAS/PCA meeting sets US scene18 May 2016, Published under Cement NewsThe 58th IEEE-IAS/PCA Cement Industry Technical Conference started its first full day of tutorial presentations on Tuesday at the Gaylord Texas Resort Centre, Grapevine, USA. The event attracted more than 950 delegates from 29 countries with a supporting international exhibition of 176 booths. Scott Nielson, conference committee chair, underlined the importance of the cement industry in Texas that produces 15Mta of cement making up 13 per cent of all US cement production – more cement than ... |
USA: Lafarge cancels Joppa expansion18 May 2016, Published under Cement NewsLafarge North America has put an end to expansion plans at the Joppa Cement Plant, Massac County, Illinois. A spokeswoman for Lafarge, Robin De Carlo, said that the cancellation of plans to install a third kiln at the Illinois plant was due to the two kilns already in operation meeting current needs. Lafarge purchased the Joppa Cement plant in 1991. |
Cementos Argos reports 1Q16 EBITDA up 38%13 May 2016, Published under Cement NewsCementos Argos reports that 1Q16 volumes across all regional divisions represent healthy dynamics in all the markets where the company is present, especially in the US, where cement dispatches increased 47 per cent. For the 1Q16, cement volume increased 6.4 per cent to 3.5Mt. Ready-mix sales reached 2.8Mm 3 , an increase of 10.5 per cent. “The obtained results augur us a good performance for the 2016 and confirm us that the geographic diversification, expansion and consolidation of our bu... |
Martin Marietta reports strong Q1 profit advance06 May 2016, Published under Cement NewsMartin Marietta Materials, one of the top five US aggregates producers, has announced a first-quarter turnover 16.2 per cent ahead at US$734.0m and EBITDA rose by 67.3 per cent to US$152.6m. The trading profit was more than trebled, rising from US$.25.6m to US$83.8m and after a net interest charge that was 3.6 per cent higher at US$20m and after other items, the pretax profit emerged at US$64.8m compared with just US$5.4m and the net attributable profit jumped from US$6.1m to US$45m. Capital... |
A change of strategy: Cemex to sell some US assets06 May 2016, Published under Cement NewsCemex, the Mexican giant of the cement world, announced this week that it intends to further reduce its exposure in the USA by selling US$400m worth of assets to a US subsidiary of fellow Mexican Grupo Cementos de Chihuahua. Is this part of a long-term plan to pull business out of the USA, to reduce debt or is Cemex reluctantly selling cement capacity in a country that the PCA has forecast will see a 3.4 per cent rise in cement consumption in 2016? At the close of 2015 Cemex’s US operation... |
USA: Summit Materials enters Las Vegas market with acquisition05 May 2016, Published under Cement NewsSummit Materials Inc has acquired Sierra Ready Mix LLC (Sierra), a vertically-integrated aggregates and ready-mix concrete business located in Las Vegas, Nevada. The acquisition provides Summit with premier, well-located assets in an expanding market. Sierra is a well-established aggregates and ready-mix concrete supplier in the Las Vegas market with an excellent reputation for quality and service. It operates a sand and gravel pit and two ready-mix concrete facilities, and has a well-bala... |
USA: Vulcan Materials sees 15.6% profit improvement04 May 2016, Published under Cement NewsVulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 15.6 per cent higher at US$754.7m while EBITDA doubled (+100.3 per cent) to US$155.9m. At the trading level, the first-quarter profit went from US$10.8m to US$64.9m and the net interest charge in the period dropped by 46.1 per cent to US$33.7m, giving a swing at the pretax level from a loss of US$50.7m to a US$30.5m profit and at the net attributable level the loss was replaced by a US$18.9m profit. Agg... |
Cemex intends to reduce its US exposure to reduce debt03 May 2016, Published under Cement NewsIn a further effort to reduce its high gearing, which stood at 180.1 per cent at the end of March, Cemex has agreed to sell assets worth US$400m to a US subsidiary of the Mexican Grupo Cementos de Chihuahua. The deal includes two cement plants – a 0.76Mta integrated plant in Odessa, Texas and a 0.57Mta integrated plant in Lyons, Colorado – as well as three cement terminals and building materials businesses in Texas and New Mexico. Plans are in hand, however, to increase the capacity o... |
CRH interested in HeidelbergCement US and Belgian units28 April 2016, Published under Cement NewsCRH has expressed an interest in acquiring HeidelbergCement’s US and Belgian assets. The Germany-based company is expected to divest in such units to comply with the requirements set by competition authorities for its acquisition of Italcementi. "US cement is of interest to us and we're fully aware of the asset that may spin out of the potential acquisition," Mr Manifold said. "With regards to Belgium, it's a prime asset and certainly it would make a good fit with our businesses, providin... |