Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 2 percent during the fourth quarter of 2015 to $3.4 billion, and increased 5 percent for the full year 2015 to $14.1 billion versus the comparable periods in 2014. Operating EBITDA on a like-to-like basis increased…
Read MoreDay: March 9, 2016
U.S. Demand for Fiber Cement to Reach 2.9 Billion Sq. Ft.
U.S. demand for fiber cement products is forecast to grow 5.8 percent annually through 2019 to 2.9 billion sq. ft., valued at $2.2 billion, according to Fiber Cement, a new study from The Freedonia Group, a Cleveland-based industry market research firm. Siding is by far the largest application for fiber cement, and demand will benefit from it’s popularity in the…
Read MoreAir Cannons Mitigate Chute Plugging
Martin Engineering used high-performance air cannons to help the Hunter Cement Plant in New Braunfels, Texas, prevent material backup due to a clogging transfer chute. The 2.3 million-tpy plant — owned and operated by Martin Marietta — experiences heavy rains, which dose raw material on its partially covered, tower-mounted D-07 conveyor system. Wet dust and aggregate clog the chute and…
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