LafargeHolcim reported a gain in net profit for the first half of 2016, increasing from CHF 318 million ($326 million) to CHF 452 million ($463 million), despite a decline in second-quarter net sales. For the second quarter, net sales were CHF 7.28 billion ($7.46 billion), 2 percent lower on a like-for-like basis.
Read MoreYear: 2016
McInnis Cement Breaks Ground at First U.S. Terminal
McInnis Cement executives were joined by Rhode Island Commerce Secretary Stefan Pryor, Providence Mayor Jorge Elorza, City Council President Luis Aponte, ProvPort Board Chair Paul Moura and members of the Rhode Island business community to celebrate officially breaking ground at the company’s first U.S. terminal in the Port of Providence last month. The overall cost of the project is expected…
Read MoreWorld Cement Association Launches
The World Cement Association (WCA) launched Sept. 27 to represent and promote the cement industry worldwide, as well as support the commercial and legal interests of its members internationally.
Read MoreCemex Latam CEO Resigns Due to Colombia Land Deal
Cemex Latam Holdings SA, a unit of Cemex, announced that Carlos Jacks, chief executive of Cemex Latam and director of Cemex Colombia, resigned to “facilitate investigations” after an internal probe found payments related to a cement plant being built in in Maceo, Colombia, didn’t adhere to company policy, reported Bloomberg. Cemex Latam Chairman Jaime Muguiro, who’s been with the company…
Read MorePCA: Cement Industry to Meet 2016 Growth Target
The Portland Cement Association (PCA) confirmed the U.S. cement industry is on target to see annual cement consumption grow by 4 percent, as projected earlier this year. According to PCA, cement consumption through the end of the year is expected to continue at a steady pace, with additional demand coming from several areas, including moderate residential spending and, to a…
Read MoreGreat Lakes-Seaway Shipping Rebounds in August
Great Lakes-St. Lawrence Seaway shipping rebounded in August due to a surge in U.S. grain exports, iron ore shipment improvements and a steady flow of raw materials for manufacturing and construction.
Read MoreLafarge Canada Completes Exshaw Plant Modernization
Lafarge Canada Inc. completed a multi-million dollar modernization project to its Exshaw, Alberta, facility. Through the modernization, Lafarge’s production capacity has been increased from 1.3 million metric tpy to 2.2 million metric tpy.
Read MoreCemex, Eagle Materials Enter Agreement for Ohio Assets
One of Cemex’s U.S. subsidiaries has signed a definitive agreement with Eagle Materials for the sale of its Fairborn, Ohio, cement plant, as well as related assets, which include a distribution terminal in Columbus, Ohio, and a cement bagging operation. The Fairborn plant has the capacity to grind nearly one million tons of clinker annually.
Read MoreJune Cement Shipments Up Slightly
Total shipments of portland and blended cement in the United States and Puerto Rico in June 2016 were about 9.2 million metric tons (Mt), up by 2.7 percent from sales in June 2015, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in June were Texas, Missouri, California, Florida and Michigan,…
Read MoreAsh Grove Cement Appoints New Technical Center Director
Oakland Park, Kan.-based Ash Grove Cement Co. announced that Chengqing (Cheng) Qi has joined the company as its technical center director. In his new role, Qi will oversee operations at the company’s technical center – a world-class laboratory for research and testing of aggregates, cement, concrete and lime. Qi succeeds long-time technical center director Greg Barger. To allow for a…
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