FLSmidth released financial results for full-year 2022 and the fourth quarter of 2022, highlighting the continued positive trend its Cement business had on improving profitability with a 3.3% EBITA margin during the year.
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U.S. portland cement production increased slightly to an estimated 92 million tons in 2022, while masonry cement production increased to an estimated 2.5 million tons, according to the latest USGS Mineral Commodity Summary.
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GCC, S.A.B. de C.V., a supplier and producer of cement and concrete in the United States and Mexico, announced its results for the fourth quarter and full year of 2022.
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Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in November 2022 were an estimated 9.3 million metric tons (Mt), a slight decrease from shipments in November 2021, according to the most recent USGS Mineral Industry Survey.
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During Capital Markets Day, FLSmidth introduced its new pure play strategy for cement as well as long-term financial targets for the FY2026.
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Portland Cement Association’s (PCA) Chief Economist and Senior Vice President of Market Intelligence Ed Sullivan predicts a stronger U.S. economy during the first half of this year than was previously expected but believes there will likely be a slowdown in economic growth starting this summer.
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Votorantim Cimentos ended the third quarter of 2022 with consolidated net revenue of R$7.6 billion, an increase of 19% compared to the same period last year.
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Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in August 2022 were an estimated 10.9 million metric tons (Mt), a 7.3% increase from shipments in August 2021, according to the most recent USGS Mineral Industry Survey. Shipments for the year through August totaled an estimated 72.9 Mt, an increase of 3.9% from those…
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GCC, a supplier and producer of cement and concrete in the United States and Mexico, announced consolidated net sales increased 11.8% to $352.8 million for the third quarter of 2022.
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The Portland Cement Association (PCA) released its fall cement consumption forecast for the United States, which projects a near-term demand decline of 3.5% for 2023 – the first decline in 13 years.
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