Cement News tagged under: usa
Buzzi sees weak regional volume performance in 1H2407 August 2024, Published under Cement NewsBuzzi Spa signalled that unfavourable weather conditions and falling sales contributed to regional performances being slightly down in the 2Q24, leading to lower cement volumes in the 1H24. Cement and ready-mix concrete sales in Italy declined in the first six months of 2024 by 5.9 per cent and 6.4 per cent, respectively, due to the abundant rainfall across the country during the spring months. Net sales in Italy came in at EUR414.4m, down 2.3 per cent from EUR424.1m in the 1H23. EBITD... |
Heidelberg Materials embraces AHS at Texas quarry02 August 2024, Published under Cement NewsHeidelberg Materials is deploying US-based Pronto’s Autonomous Haulage System (AHS) at its Lake Bridgeport quarry in Texas. The move follows the successful pilot of the system in 2023. Pronto specialises in commercial transportation with its AHS designed to perform in the most challenging off-road situations as well as improving safety, reducing costs and increasing productivity. At the Lake Bridgeport quarry, Pronto and Heidelberg Materials have joined forces with Komatsu North Americ... |
Titan Group reports 1H net profit up 34%01 August 2024, Published under Cement NewsIn the 1H24 Titan Group achieved consolidated sales growth of 7.6 per cent, reaching EUR1323m, with all regions supporting top-line growth and overall volumes increasing, leading to the delivery of another strong performance. Cement pricing was firmly upheld, exhibiting low regional variances, while selective price increases were performed in aggregates and ready-mix concrete. EBITDA for the period reached EUR281.4m, increased by 16.7 per cent YoY, despite unabated cost pressures in factors... |
Heidelberg Materials acquires Carver Sand & Gravel01 August 2024, Published under Cement NewsHeidelberg Materials North America has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, New York, area. Included in this acquisition are four quarries, three sand and gravel pits, two asphalt plants, 70Mt of aggregate reserves, a logistics business and about 200 employees. Heidelberg Materials and Carver Companies have also agreed on a strategic partnership in the Albany area for land and marine logistics. “We a... |
Unacem US shipments surge in 2Q2429 July 2024, Published under Cement NewsPeru-based Unacem saw its shipments jump by 96.4 per cent YoY to 324,000t in the 2Q24 following its acquisition of the Tehachapi cement plant in California, USA. "This significant growth is partially explained by the addition of Tehachapi to the portfolio (...), which contributed 159,000 tons of cement," added the company in the Management Discussion and Analysis document sent to the Superintendencia del Mercado de Valores (SMV). Ready-mix concrete volumes were 254,000m 3 while aggregat... |
Breedon reports uptick in revenue in 1H2424 July 2024, Published under Cement NewsBreedon Group has announced underlying revenue of GBP764.6m (US$985.9m) in the first half of 2024, up three per cent from GBP742.7m in the same period a year earlier. According to the company, this has been supported by its entry into the US. Underlying EBITDA over the same time frame has advanced five per cent to GBP118.1m, while the EBITDA margin has risen slightly from 15.1 per cent in the 1H23 to 15.4 per cent in the same period a year later. Underlying profit before tax has declined s... |
US launches Cement and Concrete Center of Excellence23 July 2024, Published under Cement NewsThe US Department of Energy’s (DOE) Industrial Efficiency and Decarbonisation Office (IEDO) has announced plans to create a Cement and Concrete Center of Excellence to accelerate the development and adoption of novel low-carbon cement and concrete technologies. US national laboratories can receive up to US$9m through an upcoming competitive lab call to develop and lead the centre. The centre aims to support collaboration across academia, national labs, government agencies and corporations t... |
Heidelberg Materials to receives US$5m in funding from EPA23 July 2024, Published under Cement NewsHeidelberg Materials North America is set to receive US$5m in funding from the US Environmental Protection Agency (EPA) for the development of a cloud-based tool that produces environmental product declarations (EPDs) for building materials. An EPD is a standardised declaration of a product’s lifecycle assessment that shows its impact on the environment. EPDs are vital for transparency on the carbon footprint of a product. The project aims to develop a tool that substantially enhan... |
DG Khan Cement to establish US subsidiary22 July 2024, Published under Cement NewsFollowing the successful export of cement to the USA, the leading cement manufacturer and exporter in Pakistan, DG Khan Cement Co Ltd (DGKC), has officially informed the Pakistan Stock Exchange (PSX) of its intention to establish a fully-owned subsidiary in Houston, Texas, USA. The proposed name for this new venture is DG Cement USA LLC. This significant development was disclosed on 19 July 2024, in a formal letter by Khalid Mehmood Chohan, company secretary to the PSE general manager. ... |
US cement sales rose in April19 July 2024, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 9.232Mt in April, up 5.9 per cent YoY from the 8.719Mt recorded in April 2023. Excluding for imports and sales to Puerto Rico, cement consumption in the US rose 5.9 per cent YoY to 9.11Mt, up from 8.6Mt a year earlier. The key district for shipments was the Mountain and Pacific region accounting for 1.629Mt, up 2.3 per cent YoY. Masonry cement shipments amounted to 202,211t, up 5.4 per ... |