LafargeHolcim, the world’s largest cement producer, announced that sales volumes in all product lines declined slightly in the first nine months of 2015 due to lower than expected demand in a number of markets impacted by an economic downturn, notably in Brazil and China, and a lack of infrastructure projects in India. In the third quarter, volume trends stabilized and…
Read MoreDay: November 25, 2015
August Cement Shipments Up 4 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in August 2015 were about 9.1 million metric tons (Mt), up by 4 percent from the level in August 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through August totaled 59.1 Mt, up by 3.5 percent from the same period in…
Read MoreCemex Looks to Sell U.S. Assets
Cemex has confirmed the option of selling non-strategic assets in the U.S. to reduce its debt level, reported Forbes Mexico.
Read MoreCementos Argos Cement Shipments Up 15 Percent
At the end of September, Cementos Argos combined saw a double-digit growth in terms of its revenues, EBITDA and net profit – all figures that were driven, once again, by recovery in the United States, improvements in market dynamics in Colombia and the implementation of its operational efficiency programs across all of its regional divisions.
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