Quarterly Reports a Mixed Bag

Publicly traded U.S. cement producers just reported results, and those results are a mixed bag. At Summit Materials, Cement Segment net revenues increased 23.6% to $97.9 million in the fourth quarter of 2022. Cement Segment adjusted cash gross profit margin increased to 47.1% in the fourth quarter, compared to 42.7% in the prior-year period as strong pricing gains more than…

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In Search of Electric Tech

New Electric Technology Hitting The Market Is Designed To Address The Sustainability Revolution In The Construction Materials Industry. By Mark S. Kuhar Cement producers seeking to develop the safe, productive, smart and clean workplaces of the future are looking hard at innovations in electric technology. There is no lack of innovations coming to market. For instance, Holcim US entered into…

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