Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in February 2021 were an estimated 5.7 million metric tons (Mt), an 11% decrease from shipments in February 2020, according to the latest USGS Mineral Industry Survey. Shipments for the year through February totaled an estimated 12.4 Mt, a decrease of 6.2% from those for…
Read MoreDay: May 4, 2021
LafargeHolcim to Shorten Corporate Name
LafargeHolcim shareholders approved a group name change to Holcim Ltd. during the company’s virtual annual general meeting on May 4. Directors recommended the move “for efficiency and impact … as the company transforms to become the global leader in innovative and sustainable building solutions.”
Read MoreCEMEX Posts Strong Results in First Quarter
CEMEX reported that consolidated net sales increased 9%, on a year-over-year basis to $3.4 billion in the first quarter of 2021. Operating EBITDA improved 28% to $684 million, while the EBITDA margin increased to 20.1%, 2.8 percentage points higher year over year.
Read More