Cement News tagged under: usa
USA: Martin Marietta 2Q16 gross profits up 23%03 August 2016, Published under Cement NewsMartin Marietta Materials, one of the top five US aggregates producers, has announced a first half turnover 11.3 per cent ahead at US$1649.8m and EBITDA rose by 40.6 per cent to US$419.1m. The trading profit jumped by 67 per cent to US$271.5m and after a net interest charge that was 5.4 per cent higher at US$40.3m and other items, the pretax profit jumped by 90.3 per cent to US$240.3m and the net attributable profit advanced by 89.6 per cent to US$167m. Net debt at the end of June was 8.8 pe... |
Titan's US business continues to advance29 July 2016, Published under Cement NewsTitan's first-half turnover improved by 7.6 per cent to EUR723.8m and EBITDA was ahead by 13.5 per cent to EUR119.5m. Following an increase in the depreciation charge of a modest 6.7 per cent, the trading profit improved by 21.4 per cent to EUR59m. After a net financial charge 6.2 per cent higher at EUR34.7m and other items, notably foreign exchange, the pretax profit dropped from EUR30.9m to EUR7.4m. At the net attributable level, the profit declined from EUR24.4m to EUR9.2m. Capital inves... |
Eagle Materials advances cement volumes by 13%26 July 2016, Published under Cement NewsIn the first quarter of its financial year to 31 March, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, increased by 3.3 per cent to US$322.4m. The trading profit advanced by 17.9 per cent to US$71.2m and after an interest charge 13 per cent lower at US$3.9m, the pretax profit was up by 20.4 per cent to US$67.3m and the net attributable profit rose by 20.1 per cent to US$45.4m. The net debt at the end of June stood at US$489.5m, giving a gearing le... |
USA: cement demand stable in April19 July 2016, Published under Cement NewsTotal Portland and blended cement shipments in the USA and Puerto Rico remained stable at 7.692Mt in April 2016 when compared with the previous year when 7.678Mt were delivered, according to the US Geological Survey’s latest data. Texas was the leading consumer with 848,730t, followed by California, Florida, Ohio and Georgia (in descending order). Together they accounted for 39 per cent of domestic consumption. The leading producing states for Portland and blended cement were Texas, Ca... |
IEEE: welcome to Texas06 July 2016, Published under Cement NewsThe 58th IEEE-IAS/PCA Cement Industry Technical Conference was held between 15-19 May 2016 at the Gaylord Texas Resort Centre in Grapevine, Texas, USA. Supported by a 176-stand exhibition, the event attracted more than 970 delegates from 28 countries and presented a wide range of technical papers as well as featuring panel discussions and tutorials. By ICR Research, UK. With 970 delegates from 28 countries, the IEEE-IAS/PCA Cement Industry Technical Conference could draw on a wealt... |
USA: clearance for Italcementi acquisition20 June 2016, Published under Cement NewsOn 17 June 2016, the United States Federal Trade Commission reached an agreement with HeidelbergCement AG and Italcementi SpA allowing the merger between the two companies to proceed on schedule. The Federal Trade Commission accepted the proposed divestment of operations in the US, which primarily consists of Italcementi’s Martinsburg, West Virginia plant and up to 11 terminals. All competition approvals necessary for closing the Italcementi acquisition have now been obtained. The full... |
USA: PCA warns tropical storms to affect Florida's cement consumption14 June 2016, Published under Cement NewsHeavy rains in Texas and Tropical Storm Colin in Florida may have a detrimental effect on national cement consumption levels in June, according to the PCA Marketing Intelligence team. Elevated precipitation levels and flooding can delay construction projects, which subsequently impacts cement usage. Since 2000 Texas and Florida have combined to annually consume roughly 20 per cent of cement demand in the US. While the proportion of these two states’ consumption to the US total is smaller... |
ILA General Assembly and Information Exchange Forum13 June 2016, Published under Cement NewsThe ILA General Assembly and Information Exchange Forum 2016 will take place 12-14 October 2016 in Washington, DC at the Washington Court Hotel on Capitol Hill. This event is organised by the International Lime Association (ILA), National Lime Association (NLA) and International Conference Services Ltd (ICS). The draft programme for the event includes an exhibition of equipment suppliers, information exchange forum, plant visit and a dinner on the penultimate evening. For more informat... |
USA: union workers reject contract13 June 2016, Published under Cement NewsAccording to union representatives, union workers at a northern Nevada cement plant have rejected a contract proposal from the Nevada Cement. The previous contract expired 28 February 2016, but was extended to allow time for negotiations. The latest extension will expire on 30 June. Richard Daly, business manager for International Union Local 169, said the two sides are scheduled to meet on 22 June. According to Mr Daly, the biggest dispute with the new contract is over pension benefits. ... |
USA: 100 years for Stockertown plant13 June 2016, Published under Cement NewsBuzzi Unicem USA is celebrating the 100 year anniversary of its Stockertown Plant this year. The plant was originally built in 1906, but did not become operational until 1916. Construction of the was delayed in 1907 due to the financial climate and eventually completed in 1916 when Morris Kind and associates purchased and finished the works. The Stockertown plant has been known for its contributions to the cement industry such as NOx and SO2 emissions advances, closed cement hopped rai... |