Cement News tagged under: usa

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US June shipments down slightly YoY

10 September 2013, Published under Cement News

Total shipments of Portland and blended cement in the US and Puerto Rico during June 2013 were about 7.6Mt, down slightly from the same month of the year before, data from the US Geological Survey shows. Shipments through the year were 37.2Mt, essentially unchanged. The leading Portland cement producing states in June were Texas, Missouri, California, Michigan and Florida, in descending order and these accounted for about 45 per cent of total shipments for the month. The leading consuming ...

Roanoke Cement recognised for environmental achievements

09 September 2013, Published under Cement News

Roanoke Cement Company, a subsidiary of Titan America, has been formally recognised as an Exemplary Environmental Enterprise within the Virginia Environmental Excellence Program (VEEP). VEEP was established in 2000 and RCC was "accepted" as its initial cement producing facility. The facility-based track promotes the use of environmental management systems (EMS) and pollution prevention and serves to help organisations minimise the affect of their operations on the environment. The ...

USA: cement company seeks to stop pipeline

19 August 2013, Published under Cement News

Essroc Cement Corp is suing to stop a natural gas pipeline from running through its Lawrence County property. Nazareth-based Essroc Cement Corp filed the lawsuit last Tuesday to stop the line, which is slated to go through the company’s land in North Beaver Township. The lawsuit names three defendants: NiSource Corporate Services and Pennant Midstream LLC, both of Columbus, and Houston-based Hillcorp Energy, which has a local office in New Castle. According to the lawsuit, Essroc owns...

Acquisitions, improved markets drive Eagle's 1Q

08 August 2013, Published under Cement News

In the first quarter of its financial year to 31 March 2013, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, rose by 43.7 per cent to US$255.4m as the company was boosted by acquisitions and improving markets. Trading profit more than doubled (+108.9 per cent) to US$49.47m and after an interest charge 31.6 per cent higher at US$4.96m, the pre-tax profit advanced by 123.5 per cent to US$44.51m and the net attributable profit emerged 115.4 per cent ...

US shipments ahead in first five months

07 August 2013, Published under Cement News

Total shipments of Portland and blended cement in the United States and Puerto Rico in May 2013 were about 7.77Mt, up by nearly three per cent YoY, according to the latest statistics from the US Geological Survey (USGS). Shipments for the year were also up slightly to 29.7Mt, the data shows. The leading Portland cement-producing states in May were Texas, California, Missouri, Florida and Michigan (in descending order). These five states accounted for around 43 per cent of total shipments d...

Vulcan sees main growth coming from the residential market, USA

02 August 2013, Published under Cement News

Vulcan Materials' first-half turnover increased by 3.8 per cent to US$1276.9m and the EBITDA rose by 32.4 per cent to US$192m. The trading result swung from a US$26.6m loss into a profit of US$36.8m and after a net interest charge 2.2 per cent lower at US$103.6m, the pre-tax loss was reduced by 50.7 per cent to US$64.2m. The net attributable loss was reduced by 64.8 per cent, to US$31.5m. Capital investment is now increasing again and went up by 78.8 per cent to US$60m. Net debt declined...

Russia and USA prove Dyckerhoff's only first-half bright spot

01 August 2013, Published under Cement News

German cement major and Buzzi Unicem subsidiary Dyckerhoff AG reported a decline in first-half sales volumes across all its market except Russia and the USA. Consolidated sales fell by six per cent. Group EBITDA was down by EUR3m which includes a one-time effect of EUR4m. In the previous year, one-time effects amounted to EUR5m. Pretax results were EUR10m, some EUR12m lower than the same period of last year. Net income after tax was EUR7m. For fiscal year 2013, Dyckerhoff expects group...

Fitch upgrades Cemex to B+

01 August 2013, Published under Cement News

Fitch upgraded its foreign and local issuer default rating of Cemex to B+ from B, the ratings agency said in a report. The upgrade is based on Cemex's improved capital structure and "the gradual improvement in the US cement market and an improving outlook for the growth in the company's EBITDA and cash flow," Fitch said. Fitch's action also takes into account the "improved confidence of the capital markets," as a result of Cemex's debt refinancing and the IPO of its Latin America subsid...

Cemex plants earn US Energy Star Certification

29 July 2013, Published under Cement News

Cemex USA announced that five of its cement plants have earned the US Environmental Protection Agency (EPA) Energy Star Certification. The recognition of CEMEX USA’s plants in Brooksville (FL), Miami (FL), Clinchfield (GA), Fairborn (OH) and Victorville (CA), ranks these facilities as performing among the top 25 per cent of similar US facilities for energy conservation. 2013 marks the seventh consecutive year of certification for the Clinchfield plant, an achievement realised by only one ...

Cemex expects best volume growth from USA

26 July 2013, Published under Cement News

Cemex reported a slight decline in turnover for the first half of 2013, with EBITDA also down marginally but the trading profit improved by double digits. While volumes were down in the first six months, the group sees full year sales edging ahead with the USA expected to show the best advance. Cemex' first half turnover eased by 0.7 per cent to US$7322.1m and  EBITDA came off by 1.7 per cent to US$1251.2m, but the trading profit improved 13.8 per cent to US$690.2m. Net interest payment...