Cement News tagged under: usa

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US cement shipments rise 4% YoY in 2013

12 March 2014, Published under Cement News

Total shipments of Portland and blended cement in the United States and Puerto Rico during 2013 reached 82Mt, up four per cent year on YoY, the latest data from the US Geological Survey has confirmed. Imports for the full year 2013 totalled 7.2Mt, up by three per cent from the same period in 2012. During December 2013, shipments were 5.1Mt, an increase of almost nine per cent YoY. The leading cement-producing states in December were Texas California, Missouri, Florida and Alabama, in descen...

Vicat: full-year turnover eases

11 March 2014, Published under Cement News

Turnover at Vicat eased by 0.3 per cent in 2013 to EUR2286m and EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent and 0.3 per cent respectively. The trading profit emerged 3.7 per cent lower at EUR234m. The net financial charge rose by 31.2 per cent as the debt of the Indian subsidiaries Vicat Sagar and Gulbarga Power was no longer being capitalised. After an increase in the effective tax charge from 29.1 per cent to 32.4 per c...

KHD supplies Lafarge Ravena and Exshaw projects

11 March 2014, Published under Cement News

KHD Humboldt Wedag International AG’s US-based office, Humboldt Wedag Inc, is executing two orders with Lafarge North America Inc and Lafarge Canada Inc (Lafarge) for engineering, delivery of equipment, and site services of new clinker lines at their Exshaw and Ravena plants. KHD’s scope of supply for the projects begins with the raw material feed and ends at clinker handling. Both plants will utilise the same KHD environmentally friendly and state-of-the-art core equipment, including:   •...

Vulcan Materials Florida asset sale complete

10 March 2014, Published under Cement News

Vulcan Materials Co has concluded the sale of its cement and concrete businesses in the Florida area to Cementos Argos SA for US$720m in cash. Under a separate supply agreement, Vulcan will continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years. "We are pleased to have successfully completed the transaction with Argos and to be working with Argos to supply aggregates to the facilities going forward," said Don James, chairman and CEO of...

Titan: profits decline, other than in the USA

28 February 2014, Published under Cement News

Titan reported a four per cent improvement in turnover for last year to EUR1175.9m, having risen by 3.6 per cent in 2012. The US proved to be a particularly bright spot in 2013 for the company, while the rate of decline in its domestic market of Greece eased. Full-year EBITDA edged ahead by 0.1 per cent to EUR196.0m. Excluding exchange rate movements, turnover would have been ahead by 8.3 per cent and EBITDA by 6.4 per cent. With a 10.7 per cent reduction in the depreciation charge, th...

Mixed full-year performance for Holcim

28 February 2014, Published under Cement News

Holcim reported a mixed performance in 2013 as attributable profit doubled while turnover declined. Overall volumes were down due to weaknesses in key emerging markets, but European shipments were finally on the up. For the full year Holcim’s turnover declined by 6.8 per cent to CHF19,719m (US$22,349m). Operating EBITDA edged ahead by 0.2 per cent to CHF3896m, though ignoring last year’s restructuring there was a 5.6 per cent reduction. Trading profit rose by 34.8 per cent to CHF2357m but w...

Cemex confident on medium-term goals

14 February 2014, Published under Cement News

Cemex remains confident that it is on track to meet its medium-term EBITDA goal as it continues to capture the full potential from its existing portfolio to improve profitability and return to investment-grade status, the company said during its annual investor gathering. Speaking on the company’s strategy and outlook during Cemex Day 2014 held yesterday, Juan Pablo San Agustin, executive VP of strategic planning and new business development, reiterated the company's intention of achieving...

PCA names Anderson VP of public affairs, USA

12 February 2014, Published under Cement News

The PCA has named Mark J Anderson group vice president of public affairs, effective 17 February 2014. He will be the key PCA government affairs representative, responsible for the overall direction and execution of legislative and regulatory initiatives in support of the association’s advocacy and promotion. “Mark will take the lead in shepherding the association’s legislative and regulatory efforts and in developing key policies and strategies,” Gregory M Scott, PCA president and CEO sai...

Buzzi sees advances in Russia and US

10 February 2014, Published under Cement News

Italian cement major Buzzi Unicem saw turnover decline by 2.1 per cent last year to EUR2754m as the company saw another fall in its domestic market of Italy, but Russia and the US were its best performers. Net debt at the end of December was 5.3 per cent below the level seen a year earlier at EUR1066m. Group cement deliveries in 2013 increased by 0.3 per cent to 27.4Mt, but ready-mixed concrete deliveries declined by 5.1 per cent to 12.9Mm³. The underlying EBITDA, which will be announced ...

Italcementi: only Asia shows sales growth in 2013

07 February 2014, Published under Cement News

Italcementi's turnover declined by 5.4 per cent in 2013 to EUR4235.4m, or by 2.2 per cent on a comparable basis. Group cement shipments declined by a further six per cent to 43.1Mt and the turnover from cement and clinker was down by 6.4 per cent to EUR2716.8m, with cement volumes lower everywhere other than in Asia and in North America. The concrete and aggregates turnover eased by 2.5 per cent to EUR1248.7m as shipments of aggregates declined by 4.2 per cent to 32.5Mt and ready-mixed co...