New York University Abu Dhabi researchers are exploring the possibility of using brine to manufacture a sustainable alternative to ordinary portland cement.
Read MoreBrine May Be Key to Carbon-Free Cement
Tag: cement
Eagle 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.
Read MoreCement Leaders Tie CO2 Reduction to Permitting, Regulatory Certainty
During a panel at the IEEE-IAS/PCA Cement Conference in Dallas, Portland Cement Association (PCA) producer member executives confirmed that alternative fuel usage and carbon capture storage (CCS) technology are positioning the industry to reduce greenhouse gas emissions on a 2050 timetable true to the PCA Roadmap to Carbon Neutrality.
Read MoreCement Shipments Steady in January
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in January 2023 were an estimated 6.6 million metric tons (Mt), essentially unchanged from shipments in January 2022, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported, 2.1 Mt (95%) was estimated to be portland-limestone cement (Type IL).
Read MoreFLSmidth Cement Business Continues Positive Trend in 2022
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.
Read MoreCement Production Rises in 2022
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.
Read MoreGCC Reports Solid 2022 Results
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.
Read MoreUSGS: November Cement Shipments Drop Slightly
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.
Read MoreFLSmidth Unveils New Cement Strategy
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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