Cement News tagged under: usa
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Cemex Kosmos seeks to increase alternative fuels usage17 August 2012, Published under Cement NewsCemex’s Kosmos plant in Louisville, USA, is seeking permission to blend scrap plastic and wood to fuel its kiln, according to public officials. The company already has approval to burn scrap tyres for its cement production process. Cemex representatives said in a brief written statement that it was proposing to “safely replace up to 30 per cent of its kiln’s energy (and) heat demand” with waste-derived fuels as an alternative to fossil fuels including coal.” The statement said the process... |
FLSmidth acquires Decanter Machine, USA16 August 2012, Published under Cement NewsFLSmidth has today signed an agreement to acquire the privately owned company Decanter Machine, Inc, a United States based manufacturer and supplier of centrifugal technology to the global minerals industries. The transaction is subject to rezoning of a portion of real estate which is expected to occur in September. The parties have agreed not to disclose the value of the transaction. Decanter is recognised as the global leader in the manufacture of screen bowl, solid bowl and hyperbaric c... |
USA May shipments rise 15.9 per cent09 August 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for May 2012 were 7.5Mt – 15.9 per cent higher than shipments in May 2011. Shipments for the year through May were 29.4Mt, up by about 18 per cent. The leading producing States in May were Texas, Missouri, California, Michigan, and Florida, in descending order, and accounted for 42 per cent of total output. The leading consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) r... |
PCA: Congressional uncertainty could curtail future growth03 August 2012, Published under Cement NewsWith the first half of 2012 experiencing favorable weather conditions, gains in residential and nonresidential construction activity and robust gains in cement intensities, the new forecast from the Portland Cement Association (PCA) nearly doubles the expected increase in cement consumption for the year. PCA revised its spring forecast upward, anticipating a 6.9 per cent increase in 2012 from 2011 levels, followed by a 5.8 per cent jump in 2013 and a double-digit increase of 10.9 per cent... |
Eagle improves in both cement & plasterboard, USA03 August 2012, Published under Cement NewsIn the first quarter of its financial year to 31 March 2012, Eagle Materials’ turnover, including its share of the Texas Lehigh cement joint venture, rose by 25.9 per cent to US$177.7m. The pre-tax profit rose 19-fold from US$1m to US$19.9m, after charging net interest costs that were 17.8 per cent lower at US$3.8m. Net attributable profit jumped from US$0.8m to US$14m and the net debt was 12.5 per cent lower at US$290.0m to give a gearing level of 64.5 per cent, down from 72.3 per cent a y... |
Cemex bolstered by improving US sales30 July 2012, Published under Cement NewsCemex has reported an improved profit line for the first-half of 2012, as sales from its US division move into long-awaited positive territory signalling that the debt-laden producer could be heading in the right direction despite declines in its two biggest markets of Mexico and Europe. The company's first half turnover declined by 2.1 per cent to US$7373.1m but EBITDA improved 9.4 per cent to US$1273.2m and the trading profit rose 40.7 per cent to US$611.9m. Meanwhile, in the second-qua... |
US operations boost Cemex’s second quarter results23 July 2012, Published under Cement NewsCemex has reported its highest quarterly EBITDA since the third quarter of 2009 as a pick-up in US operations helps to offset declines in Europe and Mexico. Net sales reached US$3.9bn during the second quarter of 2012, an increase of 1% on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus 1Q11. Operating EBITDA increased by 11% during the quarter to US$702m versus the same period in 2011. On a like-to-like basis, operating EBITDA increased by ... |
US monthly shipments rise 17.5 per cent YoY16 July 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico for April 2012 were almost 6.7Mt, 17.5 per cent higher than shipments in April 2011, data from the US Geological Survey (USGS) shows. Shipments for the year through April were 21.9Mt, up by about 19%. The leading producing states in April were Texas, Missouri, California, Florida, and Pennsylvania, in descending order and accounted for 43% of total output. The leading consuming States (Texas, California, Florida, Oh... |
Texas Industries returns to full-year profit12 July 2012, Published under Cement NewsTexas Industries' turnover increased by 4.1% to US$647m in the financial year to the end of May, and the EBITDA jumped from US$13.2m to US$33.6m. After an interest charge 26.8% lower at US$34.4m, the running loss dropped from US$34.4m to US$1.2m and a the pre-tax profit of US$8.5m was achieved, compared with a US$106.8m loss in the previous accounting year. Net debt at the end of May was 6.4% higher at US$570.1m giving a gearing level 6.0% higher at 81.7%. "The pace and magnitude of ... |
TXI appoints three additional directors12 July 2012, Published under Cement NewsTexas Industries, Inc announced the addition of Sean Foley, Bernard Lanigan and Tom Ryan to its Board of Directors. "We are delighted to have found directors of the quality and experience of Sean, Bernie, and Tom to join TXI," stated Bob Rogers, Chairman of the Board. "Given the improvement in construction activity, the near completion of additional cement capacity, the high quality of the Company's assets and the markets we participate in, this should be an exciting time for them to be a p... |