Cement News tagged under: usa
Vulcan Materials sees good volume growth in most markets14 May 2015, Published under Cement NewsVulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 9.9 per cent ahead at US$631.3m and EBITDA declined by 70.6 per cent to US$78.5m. At the trading level, the first quarter there was a US$10.8m profit compared with a US$194.7m profit a year earlier when there was a substantial capital gain from the sale of the cement operations, along with the ready-mixed concrete operations in Florida and southern Georgia, to Cementos Argos. The net interest charge i... |
Ash Grove Cement names Louisville plant AGem winner12 May 2015, Published under Cement NewsAsh Grove Cement Company’s Louisville (NE) plant won top honours in the annual Ash Grove Energy Management (AGem) Outstanding Plant of the Year competition. “Ash Grove created the AGem program in order to improve efficiency, reduce emissions and continually look for new ways to drive sustainability in our operations,” said Andy Lippert, Ash Grove corporate energy director. “The Louisville plant went above and beyond to make energy efficiency a top priority.” Since 2008, eight Ash Grove cem... |
Buzzi improves in the USA & central Europe11 May 2015, Published under Cement NewsBuzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and the EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48.6 per cent to EUR19.24m. Net financial charges increased by 31.3 per cent to EUR43.01m giving a seasonal pre-tax loss 24.5 per cent lower at EUR46.16m. Net debt at the end of March was 6.6 per cent higher at EUR1133.3m, giving a gearing level of 45.1 per cent compared with 45.5 per cent a year earlier. Cement deli... |
MagneGas® fuel order placed for Florida cement works, USA11 May 2015, Published under Cement NewsMagneGas Corporation announced today that a major cement company in the US has approved MagneGas® fuel to replace acetylene and has placed its first order for a location in Florida. The undisclosed cement company has locations throughout the Southeastern US, the Caribbean, and South America with over 300 ready-mix plants and 2000 mixers, MagneGas Corporation said in a statement. The cement producer has been been testing MagneGas® for use in plant repairs and placed its first order for a l... |
Ash Grove Cement recognised by Wildlife Habitat Council, USA08 May 2015, Published under Cement NewsAsh Grove Cement Company announced that two of its cement manufacturing plants received Wildlife Habitat Council certifications. The Midlothian (TX) cement manufacturing plant was granted Corporate Lands for Learning (SM) certification for its wildlife habitat that offers experiential learning opportunities to youth, the community and wildlife professionals. The Foreman, Arkansas, cement manufacturing plant was granted Wildlife at Work recertification for its efforts to create, conserve a... |
Votorantim07 May 2015, Published under Cement NewsVotorantim Cementos has announced a US$1600m investment programme that involves five new cement plants in Brazil, two in Turkey and one in Bolivia as well a the expansion and modernisation of a number of existing facilities. These investments cover the 2015 to 2018 period. These projects will add 6Mta of capacity in Brazil and 2.5Mt elsewhere. Longer-term, additional capacities are also being considered for the USA and Morocco. |
Italcementi07 May 2015, Published under Cement NewsItalcementi’s North American arm, Essroc, has agreed to acquire Holcim’s slag cement grinding centre in Camden, New Jersey, and the cement terminal at Everett, Massachusetts. The proposed disposal is subject to the Holcim purchase of Lafarge going ahead. The Camden grinding centre has a capacity in excess of 0.5Mta. |
Lafarge07 May 2015, Published under Cement NewsSubject to the proposed amalgamation of Holcim and Lafarge going through, Summit Materials will acquire Lafarge’s 1.1Mta cement works at Davenport, Iowa and seven marine terminals along rhe US inland waterways system. The consideration will be US$450m (EUR420m) plus Summit’s terminal at Bettendorf, Iowa. Lafarge's first-quarter turnover increased by 5.5 per cent to EUR2779m and EBITDA rose by 17.5 per cent to EUR403m, while the running profit advanced by 40.4 per cent to EUR205m. Net fina... |
Holcim07 May 2015, Published under Cement NewsThe Indian competition authorities have approved the Holcim Lafarge merger, subject to the disposal of one integrated works and one grinding centre in the east of the country, representing a capacity of around 5Mta. That would leave a capacity in India of around 68Mta. The Indian Holcim subsidiary ACC Limited delivered 10.2 per cent less cement in the first quarter of 2015 at 5.82Mt and the turnover came off by 2.8 per cent to EUR421.5m. EBITDA rose by 43.4 per cent to EUR89.3m, but the p... |
CRH: good advance in North America06 May 2015, Published under Cement NewsCRH's underlying sales in the first four months declined by around two per cent in Europe and increased by about eight per cent in the Americas during the first four months of the year. Some EUR45m was spent on acquisitions and investment during the first four months, while EUR540m was raised from divestments during the period. The group EBITDA in the first half expected to be around 10 per cent ahead of last year. Europe Heavy building materials volumes in Ireland continued to recover a... |