Consumer confidence spurs new-home demand to level of pre-mortgage market meltdown

Source: National Association of Home Builders, Washington, D.C. Nationwide production and permitting of new homes rose sharply in September to their highest levels in more than four years, according to newly released figures from HUD and the U.S. Census Bureau. A 15 percent gain brought the pace of new housing construction to a seasonally adjusted annual rate of 872,000 units,…

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PCA, MSHA Renew Safety Alliance

Source: Portland Cement Association, Skokie, Ill. PCA and the U.S. Department of Labor’s Mine Safety and Health Administration renewed an alliance designed to foster safer and more healthful working conditions in the cement industry. Originally signed in 2008, the agreement allows PCA and MSHA to combine resources and expertise to provide cement industry personnel with information, guidance and access to…

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Cement Totals—July 2012

Source: U.S. Geological Survey, Reston, Va. Total shipments of portland and blended cement in the United States and Puerto Rico were 7.3 million mt in July 2012, according to the USGS. This was about 7.0 percent higher compared with shipments for July 2011. Shipments for the year through July were 44.4 million mt, up about 14 percent for the same…

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Ash Grove contributes to flood-ravaged Iowa highway reconstruction

After large-scale floods destroyed vital Iowa infrastructure in 2011, Ash Grove Cement Co.’s Louisville, Neb., plant stepped up production to meet the demand of several large-scale reconstruction projects. The company supplied cement for the reconstruction of Interstate 680 and the Keg Creek Bridge replacement on US Highway 6, east of Council Bluffs, Iowa. Both projects won recognition in the America’s…

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Cemex completes latest round of refinancing

Cemex, S.A.B. de C.V. announced recently that it has successfully completed the previously announced refinancing of its financing agreement, dated as of August 14, 2009, as amended. Fernando Gonzalez, executive vice president of Finance and Administration of Cemex, stated “Cemex is pleased to have accomplished this significant milestone, with support from over 55 banks and institutions. We intend to continue…

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Cemex to boost cement production capacity in the Philippines

Mexico’s Cemex, S.A.B. de C.V., announced that it is planning to expand the cement production capacity of its APO plant in the Philippines by 1.5 million metric tons per year. Through an investment of approximately US$65 million, the company will increase production and strengthen its distribution network to better serve high-demand areas throughout the country. The increase is expected to…

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