HeidelbergCement recently announced that group revenue rose by 7% to €14.3 billion from January to September 2019. Excluding consolidation and exchange rate effects, group revenue grew by 4% for the first nine months of 2019. Further, the result from current operations before depreciation and amortization rose by 17% to €2.6 billion for the period.
Read MoreGCC Reports Record Third Quarter U.S. Cement Volumes
Grupo Cementos de Chihuahua, S.A.B. de C.V. (GCC) announced U.S. cement volumes increased 9.8% in the third quarter of 2019 – a record high for the Mexico-based company. Consolidated net sales increased 8.3% to $301.7 million, primarily driven by increased cement volumes and improved pricing in both Mexico and the U.S.
Read MoreWCA Adds FLSmidth China to Network
The World Cement Association (WCA) continues to grow its international network of member companies with the recent addition of FLSmidth China, a wholly owned subsidiary of Denmark-based FLSmidth. The market-leading supplier of production facilities, equipment and service solutions for the global mining and cement industries joins WCA as an associate member.
Read MoreLafarge Plant Takes Responsibility for Clinker Dust
Lafarge Canada has taken responsibility for the mysterious dust plaguing Bath, Ontario, for the past week, reported Global News. After investigating the thick, sticky substance, Lafarge said it believed it was “likely comprised of clinker dust from our Bath cement plant.”
Read MoreCemex Reports Challenging Third Quarter
Cemex announced on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales decreased by 1%, reaching $3.5 billion during the third quarter of 2019 versus the comparable period in 2018. Operating EBITDA decreased by 7% on a like-to-like basis during the third quarter of 2019 to $681 million on a year-over-year basis.
Read MoreBinMaster Capacitance Probes for Inventory Control
BinMaster’s PROCAP capacitance probes are an affordable, flexible solution for level detection in bins, tanks and silos. The probes detect the presence or absence of material in contact with the probe by sensing minute changes (as low as 0.5 pF) in capacitance caused by the difference in the dielectric constant of the material versus the air.
Read MoreCementos Argos Cements Place in Dow Jones Sustainability Index
For the seventh consecutive year, Cementos Argos, part of Grupo Argos, was included in the Dow Jones Sustainability Index (DJSI), which recognizes good practices in terms of economic, environmental and social sustainability of the companies registered in stock markets. The producer was also highlighted as the second most sustainable cement company in the world.
Read MoreWCA Emphasizes Decarbonization at Annual Conference
The World Cement Association (WCA) urged the global cement industry to more effectively embrace decarbonization by increasing efforts to adopt new technologies faster during its World Cement Conference in Shanghai last month.
Read MoreGCC’s Odessa Plant Turns to Solar, Wind Power
Grupo Cementos de Chihuahua (GCC) signed a long-term agreement with a leading U.S.-based energy provider to supply solar and wind power to its Odessa, Texas, cement plant. Covering 100% of the electricity consumed at the operation, the renewable energy will result in a 45,000-metric-ton reduction in CO2, annually.
Read MorePCA Forecasts Moderate Cement Consumption and GDP Growth
The Portland Cement Association (PCA) released its annual Fall Forecast, which predicts moderate growth for cement consumption through 2019 and into 2020. PCA Market Intelligence expects cement consumption will grow by 2.4% in 2019, 1.7% in 2020, and 1.4% in 2021.
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