Cement News tagged under: usa
Eagle Materials posts record revenue in FY19-2004 June 2020, Published under Cement NewsUS-based Eagle Materials has reported a record revenue of US$1.45bn in the FY19-20, up four per cent from US$1.39bn in the previous fiscal year. Net earnings climbed three per cent YoY to US$70.89m from US$68.86m, while adjusted EBITDA edged up one per cent to US$471.5m. The company posted record revenue of US$315.4m in the final quarter of FY19-20, up 11 per cent from US$284.7m in the 4QFY19-20. Adjusted EBITDA increased 14 per cent YoY to US$103.4m. "Having achieved record results in fis... |
US cement market expands 5% in March29 May 2020, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 5.1 per cent YoY to 7.7Mt in March 2020, according to the US Geological Survey (USGS). The leading consuming states in the US were Texas, California, Florida, Georgia and North Carolina, with a combined share of 45 per cent of March shipments. In terms of output, Texas, California, Missouri, Florida and Alabama were the top five states. No plant closures or idlings due to the coronavirus... |
FLSmidth to supply OK mill to CalPortland's Mojave plant27 May 2020, Published under Cement NewsCalPortland has awarded a supply contract to FLSmidth for its Mojave raw mill project. The scope of supply includes engineering, equipment and installation of a new OK 48-4 raw mill with a condition monitoring system and an ECS/ProcessExpert system. "The new OK Raw Mill from FLSmidth will increase reliability and efficiency at our Mojave plant," says Bruce E Shafer, senior vice president for cement operations at CalPortland. "This mill is a natural choice to continue on the sustainable jour... |
Votorantim Cimentos sees net revenue up 9% in 1Q2022 May 2020, Published under Cement NewsVotorantim Cimentos' financial statement for the period ended 31 March 2020 reported net revenue up nine per cent to BRL2747m (US$494.6m) from BRL2524m in the 1Q19, while adjusted EBITDA fell to BRL232m from BRL586m in the 1Q19. Group cement volumes declined slightly to 6.3Mt from 6.4Mt in the year-ago period. Net revenues in Brazil in 1Q20 rose to BRL1563m from BRL1536m in 1Q19. Positive market dynamics were seen before the outbreak of COVID-19 in March. However, the expansion project at ... |
LafargeHolcim strengthens partnership with Solidia Technologies21 May 2020, Published under Cement NewsLafargeHolcim has strengthened its partnership with Solidia Technologies to reduce CO 2 across its value chain. With this announcement the collaboration with the US-based cement and concrete technology company, which began in 2013, is formally agreed until 2025, with an option to extend. Together the two companies' solutions not only emit up to 30 per cent less CO 2 during cement production, they also capture and store CO 2 , leading to a 70 per cent carbon reduced concrete. Together wit... |
Titan successfully navigates pandemic in first quarter15 May 2020, Published under Cement NewsThis week Titan Group released its 1Q2020 business results which saw the group's revenues rise by 6.1 per cent to EUR384.8m , compared to 1Q19. ICR looks a little closer now at how the group's operations have been performing. Dimitris Papalexopoulos, chairman of the group, said: "The Group successfully navigated the first phase of the [COVID-19] crisis. Since the first emergence of the pandemic which appeared in our countries of operation in early to mid-March, our first focus has been to... |
Titan Group sees 6% revenue increase in 1Q2014 May 2020, Published under Cement NewsBased on robust US demand and resilience of markets in the eastern Mediterranean, Titan Group's consolidated revenue increased in the 1Q20 by 6.1 per cent, reaching EUR384.8m, despite the slowdown of business due to COVID-19 since mid-March. EBITDA declined by EUR3.7m, or 8.5 per cent YoY, reaching EUR40.6m, mainly due to the advanced costs of about EUR10m associated with the earlier timing of the plant maintenance in Florida (completed in 2Q19). Preliminary April year-to-date financials ... |
Lhoist North America to construct new lime kiln at Marble Falls14 May 2020, Published under Cement NewsAfter extensive technical review, Lhoist North America has received permit approval from the Texas Commission on Environmental Quality for construction of a new energy-efficient lime kiln at its Marble Falls, Texas facility. The regulatory approval paves the way for Lhoist to begin construction on the significant expansion at the facility. The new vertical kiln, which is expected to be operational in 2021, is primarily driven by growing demand for Lhoist's high purity dolomitic lime product... |
US and Puerto Rico February Portland and blended cement shipments up 13%13 May 2020, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 13 per cent YoY in February 2020 to 6.4Mt, reports the US Geological Survey (USGS). The top five state markets were Texas, California, Florida, Arizona and Georgia, which accounted for a total share of 49 per cent of the month’s shipments. The leading producing states for Portland and blended cement were Texas, California, Missouri, Florida, and Alabama. Masonry cement shipments were up sl... |
Buzzi Unicem records 1Q20 net sales of EUR688.5m12 May 2020, Published under Cement NewsBuzzi Unicem has released its 1Q20 results which saw net sales reach EUR688.5m, up 4.9 per cent on 1Q19. Cement sales rose by 0.4 per cent to 6Mt, while concrete volumes fell by 3.5 per cent to 2.5Mm 3 , compared to 1Q19. Net debt as at 31 March 2020 amounted to EUR525.2m, EUR46.6m lower compared to the year-end 2019. Since March production and business activities have been severely hampered by the outbreak of COVID-19 in Italy, Luxembourg and eastern Europe. Buzzi Unicem reports construct... |