Eagle Materials Inc. announced that it has entered into a definitive agreement with Kosmos Cement Co. (a 75/25 joint venture between Cemex S.A.B. de C.V. and Buzzi Unicem S.p.A.), to purchase Kosmos’ Louisville, Ky., cement plant, as well as seven distribution terminals and raw material reserves. The plant has the capacity to produce nearly 1.7 million tons of cement annually,…
Read MoreMonth: November 2019
International Cement Seminar & Exhibition a Huge Success
The 38th International Cement Seminar & Exhibition (ICSE) was held Nov. 19-21 in Atlanta at the Cobb Galleria Center. The show – produced by SEMCO Publishing, the owner of Rock Products, Cement Americas and Concrete Products magazines – was an unqualified success.
Read MoreFLSmidth Launches Sustainability Program MissionZero
At its Capital Markets Day earlier this month, FLSmidth launched MissionZero, a new sustainability program aimed at significantly reducing emissions across the global cement and mining industries by 2030.
Read MoreGrupo Argos Reports 13% Jump in Net Profit for Third Quarter
Grupo Argos announced that its net profit in the third quarter of 2019 increased 13% compared with the prior-year period. The Colombian conglomerate, whose subsidiaries include Cementos Argos and energy company Celsia, also noted that it recorded its highest-ever quarterly EBITDA.
Read MoreUnion Sues Keystone Cement to Halt Lehigh Hanson Purchase
Union workers at the Keystone Cement Co. plant in Bath, Pa., have filed suit to halt its sale to Lehigh Hanson, alleging the purchase would violate their existing contracts, reported The Morning Call.
Read MoreHeidelbergCement Remains on Solid Growth Path
HeidelbergCement recently announced that group revenue rose by 7% to €14.3 billion from January to September 2019. Excluding consolidation and exchange rate effects, group revenue grew by 4% for the first nine months of 2019. Further, the result from current operations before depreciation and amortization rose by 17% to €2.6 billion for the period.
Read MoreGCC Reports Record Third Quarter U.S. Cement Volumes
Grupo Cementos de Chihuahua, S.A.B. de C.V. (GCC) announced U.S. cement volumes increased 9.8% in the third quarter of 2019 – a record high for the Mexico-based company. Consolidated net sales increased 8.3% to $301.7 million, primarily driven by increased cement volumes and improved pricing in both Mexico and the U.S.
Read MoreWCA Adds FLSmidth China to Network
The World Cement Association (WCA) continues to grow its international network of member companies with the recent addition of FLSmidth China, a wholly owned subsidiary of Denmark-based FLSmidth. The market-leading supplier of production facilities, equipment and service solutions for the global mining and cement industries joins WCA as an associate member.
Read MoreLafarge Plant Takes Responsibility for Clinker Dust
Lafarge Canada has taken responsibility for the mysterious dust plaguing Bath, Ontario, for the past week, reported Global News. After investigating the thick, sticky substance, Lafarge said it believed it was “likely comprised of clinker dust from our Bath cement plant.”
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