Cement News tagged under: usa
USA: Former Ash Grove chairman and president dies09 June 2015, Published under Cement NewsAsh Grove Cement Company has announced that James P Sunderland, former company chairman and president, passed away on 27 May 2015. Mr Sunderland joined the Ash Grove Lime and Portland Cement Company in 1957 as its corporate secretary in Kansas City. In his 43-year career at Ash Grove Cement, he held several leadership positions including serving as the company’s chairman and president. During Mr Sunderland’s tenure, Ash Grove Cement became one of the largest portland cement producers in t... |
PCA: ‘New EPA rule threatens economic recovery’29 May 2015, Published under Cement NewsThe US Environmental Protection Agency (EPA) on Wednesday released its final "waters of the United States" (WOTUS) rule. In taking this action, EPA greatly expanded its own regulatory authority and created new bureaucratic red tape for many US industrial activities, argues the PCA. The cement industry body warns that without congressional action, stringent new water regulations will threaten construction work. "This rule will impact a wide range of normal US industrial and agricultural act... |
Argos reports solid start to the year28 May 2015, Published under Cement NewsArgos reported a solid first-quarter results, with a double-digit rise in cement volumes and price recovery in both Colombia and the US. Consolidated revenues in the first quarter grew 27 per cent YoY, reaching COP1.7trn (US$669m). EBITDA was up by 18 per cent to COP307bn supported by structural improvements in al regional divisions as the group reported continuous achievements in operational efficiencies an discipline across al fronts of its organisation. Net income for 1Q15 stood at C... |
Cemex raised to Buy at Longbow28 May 2015, Published under Cement NewsCemex is upgraded to Buy from Neutral by Longbow, based on continually improving fundamentals in the cement industry with price increases of 8-10 per cent supported by volume growth of 6-8 per cent. In a report published Wednesday, Longbrow Research analyst said utilisation rates are climbing and contacts are concerned about available capacity in late 2015 and early 2016; these factors, including limited driver availability, suggest continued suppliers' pricing power. US driver A re... |
Babcock awarded US fleet management contract28 May 2015, Published under Cement NewsAggregate Industries US (AIUS), part of the Holcim Group, has awarded Babcock International Group a US$30m, 10-year contract to provide a fleet managed service for its Aggregate operation’s Heavy Mobile Equipment (HME) across the Mid-Atlantic region. Babcock International secures 10-year contract to provide a fleet managedservice for AIUS' Aggregate operation’s Heavy Mobile Equipment (HME) across the Mid-Atlantic region This agreement covers over 130 assets across 14 sites... |
Holcim and Lafarge seal binding deal with CRH27 May 2015, Published under Cement NewsLafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the assets include operations mainly in Europe, Canada, Brazil and the Philippines (see below). The acquisition remains conditional upon successful completion of the merger of Lafarge and Holcim as well as the completion of local asset reorganisations. The acquisition is expected to complete in the second half of 2015. ... |
TMEIC to supply MV drive systems for McInnis Cement, Canada22 May 2015, Published under Cement NewsTMEIC announces an order from ThyssenKrupp Industrial Solutions (USA) Inc to supply MV Drive Systems for McInnis Cement. The TMEIC Dura-Bilt5i MV series of medium-voltage drives have been selected for the forthcoming Canadian greenfield plant. The new 6000tpd plant is currently under construction in the Port-Daniel-Gascons area of Quebec. ThyssenKrupp Industrial Solutions (USA), Inc has been contracted to supply a full cement line. It will be complete with a POLCID proprietary process con... |
US first-quarter shipments seen exceeding 16.4Mt19 May 2015, Published under Cement NewsPortland and blended cement shipments in the US and Puerto Rico over the first three months of 2015 are expected to have amounted to 16.44Mt, according to preliminary data from the USGS published last week. Of the 1Q15 total, imports accounted for 1.54Mt. During March 2015, shipments were 6.287Mt, with imports representing 585,663t of supply. Clinker production in the first quarter of this year totalled 15.46Mt. In March alone, clinker output reached 5.49Mt, the early indicators show. Th... |
Approval for Mitsubishi terminal expansion, USA19 May 2015, Published under Cement NewsThe Long Beach Board of Harbor Commissioners approved the Mitsubishi Cement facility modification Project last week, which will allow the company to meet increasing regional demand for cement more efficiently. The expansion project involves 40,000t of additional storage capacity consisting of storage and loading silos on vacant Port property adjacent to Mitsubishi’s existing facility. The site will increase in size from 4.21 acres to 5.92 acres. Environmental measures The board’s app... |
Eagle Materials helped by addition of oil & gas15 May 2015, 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 advanced by 18.1 per cent to US$1192.6m. Of this total turnover, cement represented 40.2 per cent, plasterboard accounted for 36.7 per cent, aggregates & concrete for 9.0 per cent, plasterboard liner for 7.3 per cent and oil & gas for 6.8 per cent. The trading profit rose by 34.6 per cent to US$302.30m, helped by the first significant contribution from oi... |