Following the Federal Reserve’s recent signaling of a single 2024 interest rate cut, Portland Cement Association (PCA) Chief Economist Ed Sullivan sees a return this year of two forces – one exposed to, the other mostly shielded from borrowing costs – that shaped 2023 private and public construction activity.
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Cyclonaire Announces Leadership Change
Cyclonaire, a leading provider of pneumatic conveying solutions, announced the appointment of John Elliot as business development manager – cementitious materials.
Read MoreBinMaster Operations Temporarily Suspended
Nebraska-based BinMaster, a division of Garner Industries, confirmed that its production and shipping operations are temporarily suspended after a tornado damaged its facility on April 26.
Read MoreCement Shipments Tumble in January
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in January 2024 were an estimated 5.89 million metric tons (Mt), a 14.3% decrease from revised shipments in January 2023, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported in January 2024, 2.7 Mt (98%) was estimated to be portland-limestone…
Read MoreGCC Delivers Solid First Quarter Results
GCC, a supplier and producer of cement and concrete in the United States and Mexico, announced positive results for the first quarter of 2024. Consolidated net sales increased 11.9% year over year to $272.8 million.
Read MoreHolcim Names 2024 Scholarship Recipients
Holcim US announced eight recipients of the 41st annual Gygi and von Wyss Foundation Scholarship, an award that supports the college educations of employees’ children. Each student will receive a $6,000 scholarship and will be eligible to continue receiving the scholarship for an additional three years based on continuous academic performance.
Read MoreMyland Tapped as thyssenkrupp Polysius CEO
thyssenkrupp appointed Christian Myland as the new chief executive officer of thyssenkrupp Polysius, effective June 1. He succeeds Pablo Hofelich, who has decided to take on a new professional challenge outside the company.
Read MoreTexas Lieutenant Governor Seeks to Pause Permits
Lt. Gov. Dan Patrick has asked the state’s environmental agency to halt approving permits for cement plants until the 2025 legislative session, reported The Texas Tribune.
Read MoreWCA Conference Lineup Unveiled
The World Cement Association (WCA) has announced the first line-up of speakers for its annual conference and exhibition, taking place on May 18 and 19, at the Hilton Nanjing Niushoushan, in Nanjing, China.
Read MoreBruks Siwertell Unveils New Service Agreements
Bruks Siwertell launched new, next-generation planned service agreements that are scalable to achieve optimal operational and maintenance strategies.
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