Total 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. Shipments for the year through March totaled about 19.0 Mt, essentially unchanged from those for the same period in 2017.
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Cemex Lends Caribbean Cement $102m for Asset Repurchase
Caribbean Cement Co. signed two loan agreements valued at $102 million for the repurchase of assets on its grounds at Rockfort in Kingston, Jamaica, reported The Gleaner. The loans will mainly pay for the acquisition of Kiln 5 and Mill 5 as initially laid out in an equipment sale and purchase agreement dated April 27.
Read MoreWCA Announces Panel for Global Climate Change Forum
The World Cement Association (WCA) announced the participants for its international expert panel at the Global Climate Change Forum (GCCF), which will take place in Paris, June 27-28.
Read MoreTCL Reports $49m Operation Loss for 2017
Trinidad Cement Ltd. (TCL) recorded group earnings before interest, taxes, depreciation and loss on disposal of property, plant and equipment and restructuring costs of $313 million compared to $464 million in 2016, according to the Trinidad Guardian.
Read MoreGCCA Elects Board Members
The 10 founding members of the Global Cement and Concrete Association (GCCA) met late last month to formally launch the association. At an event in London, members appointed Albert Manifold, chief executive of CRH plc, as president and Fernando A. González, chief executive of Cemex, and Jianglin Cao, chief executive of CNBM, as vice-presidents. The association will focus on global…
Read MoreCemex Executives Ignite Awareness of Youth Soccer Program
Members from Cemex USA’s management team, along with other global executives, were in Atlanta for a session of IGNITE 2018: Spark Innovation, an initiative to develop leaders who embrace new ways of thinking, learning and working, while helping them achieve greater success as industry evolves with digital technologies.
Read MoreArgos’ Consolidated EBITDA Up 31 Percent
In the first three months of 2018, Cementos Argos, Grupo Argos’ cement company, reported consolidated EBITDA increased 31 percent with respect to the same quarter as the prior year and stood at COP371 billion ($127.9 million). Revenues totaled COP1.9 trillion ($655.5 million) and net income totaled COP54.8 billion ($18.9 million).
Read MoreAdverse Weather Hinders HeidelbergCement’s First Quarter Results
HeidelbergCement said its result from current operations before depreciation and amortization decreased by 34 percent to €252 million for the first quarter of 2018. The company noted that the long winter in North America and Europe impaired sales volumes and revenue as well as the result from current operations.
Read MoreLafargeHolcim Appoints New CEO of U.S. Cement
LafargeHolcim announced the appointment of Jamie M. Gentoso as chief executive officer of U.S. Cement operations. Gentoso, a professional engineer, brings significant experience in the construction materials industry to help lead the organization through the next phase of growth. She succeeds John Stull, who was recently appointed CEO of Holcim Philippines.
Read MoreHeidelbergCement Signs “WASH Pledge”
HeidelbergCement signed the World Business Council for Sustainable Development’s (WBCSD) “Pledge for Access to Safe Water, Sanitation and Hygiene at the Workplace” or WASH Pledge.
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