Eagle Materials Inc. announced financial results for fiscal year 2015 and fourth quarter ended March 31, 2015. Notable items for the fiscal year and quarter include revenues of $1.1 billion, up 19 percent for the fiscal year, and record fourth quarter revenues of $223.8 million, up 18 percent.
Read MoreCategory: CementScope
Cementos Argos Expands Operations with Puerto Rico Terminal
Argos acquired a stake of 60 percent in Wetvan Overseas, a company that controls a terminal for the reception, storage, sale and distribution of cement in Puerto Rico, for an amount of more than $18 million. Thanks to this transaction, Argos will see its annual production capacity rise by 250,000 metric tons, ensuring a local market share of about 15…
Read MoreCement Shipments Rise Slightly in February
Total shipments of portland and blended cement in the United States and Puerto Rico in February 2015 were about 4.8 million metric tons (Mt), up by 2 percent from the level in February 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through February totaled 10.2 Mt, up by 7 percent from the same period…
Read MoreHolcim Announces New Chairman of the Board
Kaspar E.A. Wenger has been designated chairman of the board of Holcim (Schweiz) AG, effective June 30, 2015.
Read MoreMitsubishi Cement to Reopen Long Beach Terminal
Henderson, Nev.-based Mitsubishi Cement Corp. is on track to reopen and expand its facility at the Port of Long Beach’s Pier F that will add 40,000 metric tons of additional storage capacity, reported local media. The Long Beach Board of Harbor Commissioners, which oversees operations at the port, approved the company’s environmental impact report last month. Mitsubishi Cement has not…
Read MoreEPA Recognizes CalPortland Energy Efficiency Efforts
The U.S. Environmental Protection Agency (EPA) has awarded CalPortland with a 2015 Energy Star Partner of the Year – Sustained Excellence Award for their continued leadership in protecting the environment through superior energy efficiency achievements. CalPortland’s accomplishments were recognized by EPA in Washington, D.C. on April 20.
Read MoreSt. Marys Cement Pleads Guilty, Fined $75k for Worker Incident
St. Marys Cement was fined $75,000 in connection with a leg injury suffered by a worker who became trapped in a sand and gravel hopper in 2013, reported durhamregion.com.
Read MoreSummit Materials to Acquire Lafarge Cement Assets
Five weeks after it began trading on the New York Stock Exchange, Summit Materials has moved to strengthen its largest holding, Continental Cement Co., by entering a deal with Lafarge North America.
Read MoreGCC Sees Slowdown as U.S. Oil Sector Dips
Mexican cement manufacturer Grupo Cementos de Chihuahua (GCC) expects sales growth to decline this year after record revenue last year as low oil prices constrict demand in the United States – the company’s top market, reported Reuters.
Read MoreArgos Prepares For ‘Vibrant’ Growth In U.S.
In 2014, Colombia-based Argos recorded historic results in terms of both income and EBITDA, which rose above $2.9 million (17 percent) and $534 million (8 percent), respectively. The company reported unprecedented consolidated figures in terms of cement and concrete sales volumes, dispatching 12.5 million tons of cement and 11 million cubic meters of concrete, and it increased its net profits…
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