GCC, a leading supplier and producer of cement and concrete in the United States and Mexico, announced its results for the fourth quarter and full year of 2023. Consolidated net sales increased 16.7% to $1,363.9 million for the full year, while EBITDA increased 30.6% to $472.4 million with a 34.6% EBITDA margin.
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Votorantim Cimentos Third Quarter Profit Soars
Votorantim Cimentos reported that it ended the third quarter of 2023 with a net profit of R$ 824 million ($169.4 million), an increase of 36% compared to the income obtained in the prior-year period.
Read MoreWCA Conference Addresses Critical Challenges
During the World Cement Association’s (WCA) Annual Conference last month in Dubai, industry leaders highlighted two critical challenges facing the sector: widespread overcapacity and the transition to a net-zero carbon future.
Read MoreAugust Cement Shipments Drop Slightly
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in August 2023 were an estimated 10.6 million metric tons (Mt), a slight decrease from shipments in August 2022, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported in August 2023, 5.7 Mt (98%) was estimated to be portland-limestone cement…
Read MoreHolcim US to Increase Flagship Capacity, Reduce Emissions
Holcim US announced a $100 million investment in its Ste. Genevieve, Mo., cement plant – the largest cement-producing facility in North America and one of the most technologically advanced and environmentally efficient facilities in the world.
Read MoreCement Shipments Continue Slight Decline
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in July 2023 were an estimated 9.3 million metric tons (Mt), a slight decrease from shipments in July 2022, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported in July 2023, 4.9 Mt (98%) was estimated to be portland-limestone cement…
Read MoreSublime Cement Secures ASTM C1157 Designation
Third-party testing confirms that Sublime Systems’ ultra-low carbon cement exhibits performance properties matching or exceeding ASTM C1157, Standard Performance Specification for Hydraulic Cement benchmarks.
Read MoreGCC Selects H&M Construction for Odessa Expansion Project
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.
Read MoreVotorantim 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.
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