Cement News tagged under: usa
Ash Grove announces new president and COO18 August 2014, Published under Cement NewsAsh Grove Cement Company’s board of directors announced the promotion of J Randall Vance to president and chief operating officer, effective immediately. Vance, who served three years as senior vice president of administration and chief financial officer, assumes responsibility for manufacturing and sales of the company’s cement operations, as well as continuing to lead its finance, accounting, risk management, information technology and human resources departments. “Since joining Ash Grov... |
Dynamis completes pryroprocessing orders14 August 2014, Published under Cement NewsBrazil-based Dynamis has carried out a number of key pyroprocessing projects for the global cement industry over the past year. Below is an update of the company's recent cement industry references including a number of projects in its domestic market as well as orders in USA, Europe and Southeast Asia. USA • Buzzi Unicem, Chatanooga plant: CFD study of injection point and secondary fuels increase. Sweden • HeidelbergCement, Degeham plant: existing main burner adaption with new b... |
Six Cemex USA cement plants earn EPA’s Energy Star®13 August 2014, Published under Cement NewsCemex has said six of its cement manufacturing plants have earned the US Environmental Protection Agency ENERGY STAR® certification. The recognition of Cemex USA's plants in Brooksville (FL), Miami (FL), Clinchfield (GA), Fairborn (OH), Louisville (KY) and Victorville (CA) demonstrates that these facilities perform among the top 25 per cent of similar US facilities for energy conservation. This year marks the eighth consecutive year of certification for the Clinchfield plant, an achieve... |
Vulcan generates strong profit recovery06 August 2014, Published under Cement NewsVulcan Materials' first-half turnover rose by 6.9 per cent to US$1365.6m and the EBITDA advanced by 27 per cent to US$211.7m. The trading profit jumped from US$36.8m to US$297.9m and after a net interest charge 55.0 per cent higher at US$160.6m, the pre-tax result went from a US$64.2mloss to a profit of US$141.9m. The net attributable earnings line went from a negative US$26.1m to a positive US$100m. Capital investment jumped by 93.7 per cent to US$116.3m, having advanced by 78.8 per c... |
Zarkalis takes the helm at Titan America, USA04 August 2014, Published under Cement NewsTitan America has announced that Bill Zarkalis will serve as company CEO effective 1 August 2014. Mr Zarkalis joins from parent organisation Titan Cement SA, where he served as Group Chief Financial Officer since 2010 and Executive Director of Business Development and Strategic Planning prior to that. "It was a great learning opportunity and a privilege to take a detour from a long career in business management roles and serve Titan as the Group Chief Financial Officer and I'm now thrilled ... |
Titan's Florida business advances strongly01 August 2014, Published under Cement NewsTitan's first-half turnover improved by 3.9 per cent to EUR571.2m while the EBITDA was ahead by just 0.8 per cent to EUR89m. Following a 10.3 per cent reduction in the depreciation charge, the trading profit improved by 23.5 per cent to EUR35.9m. After a net financial charge 11.9 per cent lower at EUR29.7m and other items, there was a pre-tax profit of EUR6.7m compared with a loss of EUR12.4m a year earlier. At the net attributable lever there was a EUR2.9m profit, compared with a loss of ... |
Martin Marietta's net profit trebles30 July 2014, Published under Cement NewsMartin Marietta Materials, the fourth-largest US aggregates producer, has announced a first-half turnover 161.9 per cent ahead at US$1097.8m and the EBITDA improved by 23.8 per cent to US$163.8m. The trading profit rose by 73.4 per cent to US$80.3m and after a net interest charge that was 7.4 per cent lower at US$25.1m, the pre-tax profit emerged at US$52.0m compared with US$19.1m and the net attributable profit virtually trebled to US$26.5m. Net debt at the end of June was less than ... |
Argos sees strong performance in US division25 July 2014, Published under Cement NewsArgos closed the first half of 2014 with an 87 per cent increase in net profit driven by acquisitions and positive market trends, most notably in the US which generated earnings in the second quarter that were almost twice the EBITDA of full year 2013 in the regional division. The company's consolidated second quarter EBITDA rose to US$142m, some 11 per cent higher than the year before. Over the first six months of the year, EBITDA reached US$272m, 12 per cent higher YoY despite non-recur... |
Eagle advances cement volumes by 4%23 July 2014, Published under Cement NewsIn the first quarter of its financial year to 31 of March 2014, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, increased by 17 per cent to US$298.8m. The trading profit advanced by 21 per cent to US$59.8m and after an interest charge 18.2 per cent lower at US$4.1m, the pre-tax profit was up by 25.2 per cent to US$55.81m and the net attributable profit rose by 25.3 per cent to US$37.7m. Net debt at the end of June stood at US$490.7m, giving a gear... |
HeidelbergCement considering US cement plants09 July 2014, Published under Cement NewsHeidelbergCement might buy the US and French cement plants that Lafarge and Holcim want to divest in order to receive the regulatory approval for their merger deal, according to Jefferies. Financial analysts Jefferies said in a note that HeidelbergCement managers told representatives during a capital markets day event on 2 July in California that the potential merger would be a "once in a generation" opportunity to acquire assets. CEO Bernd Scheifele and CFO Lorenz Naeger were among the ex... |