Cement News tagged under: usa
Holcim orders 10 Hyliion Hypertrucks27 May 2022, Published under Cement NewsHolcim US announced it is working with Hyliion Holdings to leverage the company's innovative electrified powertrain truck platform to reduce dependence on fossil fuels and accelerate its commitment to put sustainability at the core of its overall strategy. Each Hyliion electric vehicle is estimated to reduce well-to-wheel greenhouse gas emissions by roughly 89 per cent when using renewable natural gas (RNG). "This agreement with Hyliion underscores the direction Holcim is tak... |
Ozinga inflates cement storage silo at Palm Beach26 May 2022, Published under Cement NewsOzinga, a fourth-generation family-owned construction materials company, has erected a cement storage facility on its location at the Port of Palm Beach, USA. The process to inflate the silo began at 2.00h and took approximately three hours to complete. The structure’s custom appearance is the result of a cooperative effort between Ozinga, the Port of Palm Beach and the City of Riviera Beach and is designed to enhance the visual landscape of the area and complement the marine environment. ... |
Solidia Technologies® receives US DoE grant for CCUS and SCM research26 May 2022, Published under Cement NewsSolidia Technologies ® has unveiled plans to widen applications of low-carbon manufacturing technologies for building materials, with support of a US$2.1m grant from the US Department of Energy (DoE). The New Jersey-based firm wants to use its new funds to develop processes for producing synthetic supplementary cementitious materials (SCMs) through direct capture and the utilisation of CO 2 from the flue gas stream of an operating cement plant. It is hoped Solidia will develop an ... |
Holcim adds ready-mix company to its US portfolio25 May 2022, Published under Cement NewsHolcim has acquired Cajun Ready Mix Concrete, the largest in its sector in the Baton Rouge metropolitan area, Louisiana, USA. The transaction will integrate Cajun's expertise along with its eight ready-mix concrete plants, 108 employees and 51 mixer trucks. Region Head North America, Toufic Tabbara, said: “This acquisition expands our footprint in the dynamic Baton Rouge market, confirming our focus on growth in North America. Cajun’s commitment to innovation, service and quality, along... |
Drake Cement inaugurates new finish mill24 May 2022, Published under Cement NewsRicardo Rizo Patrón, chairman of Skanon, the Board of Directors of Skanon Investments and Skanon CEO, Enrique Rozas, visited the Drake Cement plant on 11 May to inauguration the new finish mill at Drake Cement, Paulden , Arizona, USA. With this new project, Drake Cement and Materials continues to expand, reduce its environmental footprint and improve sustainability while offering high-quality products to its customers. The new mill is a vertical roller mill and the draft environmental re... |
Eagle Materials reports 15% increase in revenue20 May 2022, Published under Cement NewsEagle Materials has reported record revenue of US$1.9bn in the FY22, up 15 per cent YoY. Net earnings advanced by 10 per cent to US$374.2m over the same period, while adjusted EBITDA from continuing operations improved by 15 per cent to reach US$657.4m. In the fourth quarter of the FY22, revenue increased by 20 per cent YoY to another record of US$413.1m, with net earnings advancing by 13 per cent to US$74.3m. Adjusted EBITDA from continuing operations also grew in the fourth quarter, up by ... |
Cement giants in the running for Sika admixture business20 May 2022, Published under Cement NewsHolcim and HeidelbergCement are reportedly among the companies competing for Sika AG’s US admixtures business, which is believed to be valued at US$800m-1bn. Sika is selling off the asset to satisfy regulatory approval following its US$5.6bn purchase of German-based MBCC Group, formerly BASF Construction Chemicals, from an affiliate of Lone Star Funds in November 2021. According to Bloomberg, Turkish conglomerate Haci Omer Sabanci Holding AS is also interested in the Sika business, having pl... |
Titan Group invests US$37m in Norfolk import terminal19 May 2022, Published under Cement NewsTitan Group is expanding its effective capacity in the USA with a new US$37m investment in its Norfolk import terminal in Virginia. The investment will upgrade Titan’s import capacity in the country while also allowing it to continue expanding its offering of low-carbon cement and cementitious products, contributing to the group’s net-zero goal. The Virginia investment, which is expected to be completed in 2023, includes the expansion of the Norfolk import terminal storage capacity with a... |
Inflationary pressures impact Argos results in the 1Q2211 May 2022, Published under Cement NewsArgos ( Grupo Argos ) reports its 1Q22 generated record revenues of COP2.6trn (US$637.8m), up 11.2 per cent, and EBITDA of COP359bn, 17.8 per cent lower than in the 1Q21, mainly due to higher inflationary pressures that impacted costs associated with raw materials, energy, freight, and operational maintenance. The company highlights the very good price performance in all regions, which is expected to mitigate the impact of inflation on costs going forward. Cement volumes remained stable a... |
CS-Pozzolan-Perlite attracts cement producer interest10 May 2022, Published under Cement NewsSunrise Resources, a mineral exploration and development firm in Macclesfield, UK, is in talks with two US cement companies over supplying them with materials from its US sites as the country’s construction industry looks for more eco-friendly raw materials. The company has mined various sites in Canada, Finland, Ireland and Australia, but is now focussing on the development of its CS Pozzolan-Perlite project in Nevada, USA. Field visits have taken place at its American sites in the past ... |