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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Argos Honduras successfully implemented an innovative furnace hydrogen injection process at its Piedras Azules cement plant.
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Giant Cement Co. signed an agreement with Georgia Kaolin Terminals Inc. in Savannah, Ga., to construct a 60,000-ton import terminal on the Savannah River with ample truck and rail loadout. The terminal is expected to be operational by January 2024.
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CEMEX announced a plan to expand the production capacity by 30% at its subsidiary Caribbean Cement Co.’s Rockfort, Jamaica, plant.
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FLSmidth announced that consolidated group order intake increased 20% organically in the second quarter of 2022 with currency tailwinds supporting order intake in the quarter by 8%. The company said that both cement and mining business drove order intake and revenue growth.
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Martin Marietta Materials has entered into a definitive agreement to sell its Tehachapi, Calif. cement plant and related distribution terminals to CalPortland for $350 million in cash.
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