Cement News tagged under: usa
Nevada Cement Co to reduce emissions, upgrade pollution controls15 May 2017, Published under Cement NewsThe US Environmental Protection Agency announced an agreement with the Nevada Cement Company to install new air pollution control technology at its Nevada facility and replace a heavy-duty diesel truck and a diesel railcar mover at the facility with clean emissions vehicles. Today’s agreement improves Nevada Cement’s compliance with federal clean air laws and resolves alleged violations of the Clean Air Act. The upgrade will reduce NOx emissions by approximately 1140tpa. “This settlement w... |
Cementos Argos 1Q revenues impacted by Colombia12 May 2017, Published under Cement NewsCementos Argos posted a 6.1 per cent decline in consolidated revenues for the first three months of the year, citing a challenging first quarter affected mainly by Colombia. Over 70 per cent of revenues and EBITDA came from operations outside of Colombia. The US continues to be its main market in terms of revenues, cement and ready-mix volumes. For the first time, the Caribbean and Central America group region was the leading contributor to EBITDA accounting for 43 per cent. Cement vo... |
Cemex expands network to meet higher US demand12 May 2017, Published under Cement NewsTo meet the increased number of construction projects in southern California, Cemex USA is expanding its network in the region with plans for a state-of-the-art rail-served distribution terminal in Los Angeles and a new aggregate loading system at its quarry in Victorville, California. This terminal is expected to bring high-quality aggregates to the Los Angeles metropolitan area and surrounding communities. “The Los Angeles metro area continues to grow, and Cemex USA continues to be a maj... |
Titan 1Q results driven by US market11 May 2017, Published under Cement NewsFinancial results for Titan Group in the first quarter of 2017 recorded an improvement, primarily due to the continued recovery of the US market. All geographic regions where the group operates recorded higher sales volumes with the exception of Greece, where demand remains stagnant at low levels. Consolidated turnover was EUR361.8m posting a 7.1 per cent increase compared to the 1Q16. EBITDA increased by 18 per cent reaching EUR51.1m. The net result after minority interests and the provi... |
Vulcan Materials improves net profit11 May 2017, Published under Cement NewsVulcan Materials, the largest US aggregates producer, generated a 1Q17 turnover 4.3 per cent ahead at US$787.3m while EBITDA declined by four per cent to US$149.3m, having just over doubled the year before. At the trading level, the first-quarter profit improved by 11.5 per cent to US$67.4m and the net interest charge in the period increased by one per cent to US$34.17m, giving a pretax profit 32.3 per cent higher at US$43.5m. At the net attributable level the profit increased by 11.9 per ce... |
Summit full-year income up 32.7%08 May 2017, Published under Cement NewsFor the 12 months ended 31 December, Summit Materials Inc reported basic and diluted earnings per share of US$0.53 on net income of US$36.8m up 32.7 per cent YoY. For the same 12-month period, the US-based producer reported adjusted net income of US$98.3m. For the three months ended 31 December 2016, it reported a basic loss per share of ($0.00) on a net loss of (US$0.3). For the same three-month period, Summit reported adjusted diluted earnings per share of US$0.21 on adjusted net income... |
Boral receives final approval for Headwaters acquisition05 May 2017, Published under Cement NewsAustralian building materials supplier Boral has received final US approval for its US$2.6bn (AUD3.5bn) acquisition of US firm Headwaters Inc. The US Federal Trade Commission approved the deal, which will result in Headwaters merging with Boral's existing US business to create a new division called Boral North America. Boral expects that the transaction will close within two business days, and the Headwaters financial results will be consolidated from this time. Commenting on the deal, ... |
Martin Marietta boosted by Building Materials03 May 2017, Published under Cement NewsUS-based Martin Marietta yesterday announced record consolidated net sales of US$791.7m in the first quarter of 2017, up 7.9 per cent on the same period of last year. The company also said consolidated gross profit reached a high of US$147.1m in 1Q17 compared with US$145.3m a year earlier. EBITDA totalled US$147.7m in the first quarter of this year, it added. Commenting on the performance, Ward Nye, chairman, president and CEO of Martin Marietta, stated: "Our strong first-quarter resu... |
HeidelbergCement02 May 2017, Published under Cement NewsHeidelbergCement subsidiary, Cadman Materials, in the US has agreed to acquire the Pacific Northwest downstream activities of Cemex for around US$150m. The assets involved are in the states of Oregon and Washington and consist of seven quarries, five ready-mixed concrete plants and two asphalt plants. Together, these employ around 350 people. |
CRH sees 4% advance in 1Q sales26 April 2017, Published under Cement NewsCRH reported a ‘satisfactory’ start to 2017 with first quarter sales up four per cent compared with a strong first quarter of 2016 which benefitted from very mild weather conditions across all its major markets. In a trading update released today in advance of its AGM taking place tomorrow, the Irish building materials major said group EBITDA for the "seasonally less significant first half of the year" is expected to be ahead of last year (1H16: EUR1.12bn). Based on current momentum, furth... |