HeidelbergCement’s group revenue rose by 4 percent in the second quarter to €4.8 billion ($5.6 billion). Negative currency effects of €226 million ($264 million) had an adverse impact on revenue. Adjusted for currency and consolidation effects, revenue increased by 9 percent due to sales volume growth in all business lines and successful price increases.
Read MoreCementos Argos released its financial results for the second quarter of 2018. The company saw revenues advance by 1.4 percent to COP 2.184 billion ($723 million) compared to the prior-year period. Operating EBITDA fell by 11.2 percent to COP 328 billion ($108.6 million) in the second quarter compared to the same period in 2017.
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Lehigh Hanson Inc. announced plans for modernization and expansion of its Lehigh Cement Co. plant in Mitchell, Ind. The company will invest more than $600 million in the plant modernization project, which will increase production capacity while also significantly reducing energy usage and emissions per ton of cement produced.
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The discovery of new cement mixtures by researchers at Lancaster University in England could turn buildings, bridges, street lamps and even curb-stones into cheap batteries. The mixture, which is made from fly ash and chemical solutions, is able to store electrical energy through the diffusion of potassium ions and can monitor its own structural health.
Read MoreConsistent with its Strategy 2022, LafargeHolcim announced that it will close its head offices in Paris and Zurich by the end of the year, eliminating 200 jobs as part of a cost-cutting drive. Remaining positions in Switzerland will be moved to the company’s Holderbank site and a new corporate office in Zug. In Paris, remaining positions will be moved to…
Read MoreTotal shipments of portland and blended cement in the United States and Puerto Rico in March 2018 were about 7.4 million metric tons (Mt), slightly less than shipments in March 2017, according to the most recent USGS Mineral Industry Survey.
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Cemex announced that its digital platform Cemex Go, which simplifies and streamlines transactions with Cemex operations, has been adopted by upward of 25 percent of the company’s customer base worldwide since its launch in November 2017.
Read MoreDuring its Capital Markets Day 2018 last month, HeidelbergCement presented its Vision 2020, updating financial targets and strategic priorities for the three-year period starting 2018. The company envisions $1.8 billion to $2.4 billion in acquisitions, backed by $1.2 billion to $1.8 billion in non-core asset sales, plus savings realized from continuous efficiency improvements across its building material businesses.
Read MoreThe World Cement Association (WCA) touted the participants at its international expert panel at the Global Climate Change Forum (GCCF), which took place in Paris, June 27-28.
Read MoreThe Portland Cement Association (PCA) announced the winners of the 2018 Energy and Environment (E&E) Awards, recognizing outstanding environmental and community relations efforts. Submissions from plants across the United States were evaluated and recognized for environmental efforts completed in 2017.
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