GCC, a producer of cement and concrete in the United States and Mexico, named H&M Construction as the design-builder for its new K3 pyroprocessing expansion at its Odessa, Texas, operation.
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Votorantim Cimentos’ North American Revenue Up 12%
Votorantim Cimentos ended the second quarter of 2023 with R$470 million net profit, a 28% increase compared to R$366 million in the same period last year. The company’s global net revenue in the quarter was R$6.9 billion, an increase of 3% compared to the prior-year period, primarily due to the volume added by the recently acquired Malaga plant in Spain.
Read MoreArgos Smashes U.S. EBIDTA Record in First Half of 2023
Argos announced positive financial results for the first half of 2023 despite climate challenges in the United States.
Read MoreCement Shipments Grow in May
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in May 2023 were an estimated 10.1 million metric tons (Mt), a 4.3% increase from shipments in May 2022, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported in May, 4.1 Mt (96%) was estimated to be portland-limestone cement (Type…
Read MoreMartin Marietta Sets Records in Second Quarter
Martin Marietta Materials reported results for the second quarter ended June 30, including quarterly records for revenues, profitability and unit margins. The company achieved gross profit of $1.821 billion versus $1.642 billion in the second quarter of 2022.
Read MoreBrimstone Cement Obtains ASTM C150 Certification
Brimstone has received third-party certification that its portland cement processed from calcium silicate rock meets or exceeds ASTM C150, Standard Specification for Portland Cement.
Read MoreArdex Americas Banks On Pneumatic Conveying Line
Ardex Americas, a supplier of engineered cements, adhesives and high-performance building products, encountered wear problems at the elbows of its pneumatic conveying lines handling sand at its Dallas, Ga. plant. The lines transfer materials between bulk handling trucks, eight silos, and batch-weighing and blending operations. Six of the silos hold cement, limestone and plaster. “Those materials are not very abrasive…
Read MoreBrine May Be Key to Carbon-Free Cement
New York University Abu Dhabi researchers are exploring the possibility of using brine to manufacture a sustainable alternative to ordinary portland cement.
Read MoreEagle Materials Establishes New Financial Milestones
Eagle Materials reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%.
Read MoreVotorantim Cimentos Bounces Back in First Quarter
Votorantim Cimentos ended the first quarter of 2023 with a net profit of R$78 million, reversing the R$317 million loss in the prior-year period. The company’s global net revenue in 1Q23 totaled R$5.8 billion, an increase of 18% compared to the same period in 2022.
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