CEMEX reported that consolidated net sales increased 9%, on a year-over-year basis to $3.4 billion in the first quarter of 2021. Operating EBITDA improved 28% to $684 million, while the EBITDA margin increased to 20.1%, 2.8 percentage points higher year over year.
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WCA to Hold Virtual Open Day
The World Cement Association (WCA) will hold a free Virtual Open Day on June 2. The event will give attendees the chance to meet the WCA board, learn about the professional committees and the PEGASUS benchmarking project, and above all, network with other cement industry professionals.
Read MoreSt Marys Cement, McInnis Cement Start Integration
Votorantim Cimentos and Caisse de dépôt et placement du Québec (CDPQ), the parent companies of St Marys Cement and McInnis Cement, have completed the transaction to combine cement operations in North America.
Read MoreCement Shipments Drop 2% in January
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in January 2021 were 6.7 million metric tons (Mt), a 2% decrease from shipments in January 2020, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in January 2021 were, in descending order, Texas, California, Missouri,…
Read MoreColacem Receives Approval for Ontario Plant
The Ontario Local Planning Appeal Tribunal (LPAT) has issued a decision in favor of Colacem to build a cement plant near L’Orignal on County Road 17 – adjacent to the company’s limestone quarry, reported The Review.
Read MorePCA: Cement Consumption to Increase Through 2022
The Portland Cement Association (PCA) Market Intelligence Group released its annual spring forecast, predicting an increase in cement consumption for 2021 and 2022.
Read MoreGrupo Cementos de Chihuahua Announces Name Change
Grupo Cementos de Chihuahua has changed its corporate name to GCC. The name change was approved by shareholders at the recent Extraordinary General Meeting.
Read MoreNew PCA Update Focuses on American Rescue Plan
The Portland Cement Association (PCA) Market Intelligence Group released its March economic update, focusing on the impacts of the $1.9 trillion American Rescue Plan Act of 2021. The update discusses how the latest round of fiscal stimulus will provide positive support for key macroeconomic indicators and prevent the economy from slipping into further decay.
Read MoreThirteen Cement Plants Gain Energy Star Status
Out of the 95 manufacturing plants earning certification in the 2020 U.S. Environmental Protection Agency (EPA) Energy Star program, 13 were cement operations.
Read MoreCEMEX Dominicana to Expand Operations
CEMEX Dominicana expects to recommission one of its production lines at its plant in San Pedro de Macoris, Dominican Republic, which could imply a 33% increase in its production capacity in the country. The increase would boost the cement industry’s self-sufficiency, noted the company, and would strengthen CEMEX Dominicana’s position to serve the growth of the construction sector in the…
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