Cement News tagged under: usa
Cementos Portland Valderrivas reduces 1H losses, Spain26 July 2013, Published under Cement NewsSpain-based Cementos Portland Valderrivas (CPV) reduced losses by 98.9 per cent in 1H13, to EUR0.6m, compared with losses of EUR48.6m in the first half of the year before. CPV's asset swap with CRH earlier this year also provided capital gains of EUR104.8m. According to José Luis Sáenz de Miera, Chairman and CEO of Cementos Portland Valderrivas, results for the first half reflect "efforts last year to reduce costs in Spain, where demand continues to shrink, and to improve efficiency in ope... |
Argos sees higher volumes in 1H1323 July 2013, Published under Cement NewsCementos Argos has reported a rise in cement volumes for the six months to the end of June 2013 and expects activity in its domestic market of Colombia to accelerate after a slow start in the first three months. In the 1H13, Argos reported consolidated EBITDA of COP476bn (US$253m), representing an increase of 25 per cent compared to the same period in 2012, while revenues rose nine per cent YoY. During the period cement dispatches increased by one per cent to 5.5Mt while concrete volumes ... |
Ash Grove appoints Midwest VP of Manufacturing, USA19 July 2013, Published under Cement NewsAsh Grove Cement Company announced that Stuart E. Tomlinson is joining the company as its vice president of Manufacturing for the Midwest region and will be based in the company’s head office in Overland Park, Kansas, USA. Mr Tomlinson will join Ash Grove on 15 August. The current vice president of manufacturing – Midwest region, Edwin Pierce, retires effective 31 December. “Stu is a cement industry veteran, and he possesses more than three decades of experience. He is an industry leader a... |
US April shipments decline marginally15 July 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in April 2013 were about 6.7Mt, slightly down from the same month of the previous year, latest data from the US Geological Survey shows. Shipments for the year through to April were 22Mt, essentially unchanged on an annual comparative basis. The leading Portland cement-producing states in April (in descending order) were Texas, California, Missouri, Florida and Pennsylvania and these shipped about 46 per cent of the t... |
Texas Industries fourth-quarter net profit declines, sales rise11 July 2013, Published under Cement NewsTexas Industries Inc reported that its fourth-quarter net income declined to US$44.14m as the prior-year results included a higher gain from asset sales. However, the company benefitted from continuing recovery in major markets and from the commissioning of new cement capacity and ready-mix acquisitions in Texas. Net income declined to US$44.14m from US$60.21m in the same quarter last year. The latest results included income net of tax from discontinued operations of US$28.5m. The comp... |
CRH: acquisition and investment update, Ireland02 July 2013, Published under Cement NewsIrish building materials major CRH plc announced it has undertaken 17 acquisition and investment initiatives during the first half of 2013. These transactions, together with the acquisition of Cementos Lemona in Spain (acquired as part of the Uniland asset swap announced in February) and net deferred consideration payments, bring development spend for the first half of 2013 to approximately €470m. Proceeds to date from divestments and disposals, including the Uniland swap, amount to approxim... |
USA: Ash Grove's Montana City cement plant invests27 June 2013, Published under Cement NewsAsh Grove Cement in Montana City is aiming to stay competitive, thanks to some recent upgrades and expansion. It's been nearly 50 years since Ash Grove broke ground for its cement plant in Montana City, and while much of the plant may look the same on the outside, many changes have taken place on the inside. Most of the changes have to do with complying with strict EPA industrial emissions regulations. "We've always felt that we've complied with all of our regulatory requirements," said ... |
USA: congressman tours cement plant26 June 2013, Published under Cement NewsCongressman Mike Turner recently took a tour of Cemex’s Fairborn plant. The factory, which has been in operation for more than 80 years, is one of two operating cement plants in the state of Ohio. The facility has the capacity to produce 750,000tpa of cement, but in recent years has produced less than this due to the prevailing economic conditions. According to plant manager Alberto Calleros, the facility is currently operating at 85-90 per cent of its capacity after falling to 60 per ce... |
EPA settlement with Ash Grove Cement, USA20 June 2013, Published under Cement NewsAsh Grove Cement Co has agreed to pay a US$2.5m penalty and invest approximately US$30m in pollution-control technology, the US Department of Justice and US Environmental Protection Agency announced. The EPA says the agreement, which resolves alleged violations of the Clean Air Act, will eliminate more than 17,000t of pollution from nitrogen oxides (NOx) and sulfur dioxide (SO2) each year. In addition, Ash Grove has agreed to spend US$750,000 to mitigate the effects of past excess emissio... |
Texas Industries announces new chairman of the board, USA19 June 2013, Published under Cement NewsTexas Industries, Inc announced that its Board of Directors has named Tom Ransdell as its Chairman of the Board following the untimely death of Bob Rogers on 11 June 2013. Mr Rogers was the son of the founder of TXI, Ralph Rogers, and was CEO of the company from 1970 until 2004 when he retired. From 2004 until June 11, 2013 he served as Chairman of the Board of TXI. "His foresight to encourage and nurture innovation, creativity and employee empowerment laid a strong foundation that will a... |