Cemex announced that its subsidiary Cemex Latam Holdings (CLH) has completed the construction of the first phase of a new cement grinding plant in Ciudad Sandino, Managua, Nicaragua.
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Five Holcim Plants Receive Energy Star Award
Holcim (US) Inc., a member of LafargeHolcim, announced that five of its plants earned the U.S. Environmental Protection Agency’s (EPA) Energy Star award.
Read MoreCalPortland, Martin Marietta Announce Deal
A $420 million asset deal with Martin Marietta Materials, anchored by the former TXI Oro Grande plant, will enable Glendora, Calif.-based CalPortland Co. to replace capacity from its idled Colton mill – about 35 miles south – and strengthen a home state, integrated cement and concrete platform. Coupled with Stockton and San Diego terminals, the plant will contribute to what…
Read MoreEagle Materials Reports Positive Cement Revenues
Eagle Materials Inc. reported that net sales prices for the first quarter of fiscal 2016 improved across nearly all businesses, with the most notable increases in the company’s cement and concrete businesses. The company’s first quarter revenues were $285.0 million, up 7 percent compared to the prior year’s first quarter.
Read MorePCA Welcomes New Government Affairs Executive
The Portland Cement Association (PCA) named Michael Schon as vice president and counsel for government affairs. He will have lead responsibility for shepherding the association’s regulatory advocacy efforts and for promoting the cement industry in general.
Read MorePCA: Americans Will Pay a High Price for ‘Clean Power Plan’
President Obama authorized new U.S. Environmental Protection Agency (EPA) regulations on emissions of carbon dioxide (CO2) from power plants on Aug. 1.
Read MoreHeidelbergCement Releases Q2 2015 Results
The continued recovery of the markets in North America and the United Kingdom has had a favorable impact on HeidelbergCement’s sales volumes. The group’s cement and clinker sales volumes rose by 0.9 percent to 21.9 million tonnes (previous year: 21.7) in the second quarter. The strongest growth was achieved in the Africa-Mediterranean Basin Group area, followed by North America and…
Read MoreBrazil Orders Cement Producers to Pay $934 Million Fine
Brazil’s antitrust watchdog, Cade, has ordered six cement makers named in a price-rigging case to pay a combined 3.1 billion reais ($934 million) in fines within a month in a landmark decision that also orders asset disposals, reported Reuters.
Read MoreMay Cement Shipments Drop
Total shipments of portland and blended cement in the United States and Puerto Rico in May 2015 were about 7.8 million metric tons (Mt), down by 4.5 percent from the level in May 2014, according to the most recent USGS Mineral Industry Survey. Shipments for the year through May totaled 31.9 Mt, up by 2.6 percent from the same period in…
Read MoreCemex Reports Second-Quarter 2015 Results
Cemex announced that consolidated net sales reached $3.8 billion during the second quarter of 2015, an increase of 5 percent on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2014. Operating EBITDA increased by 1 percent during the quarter to $744 million versus the same period in 2014. On a like-to-like…
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