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.
Read MoreGCC Reports ‘Outstanding’ Third Quarter Results
Tag: cement
PCA Forecasts Cement Consumption Decline
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.
Read MoreArgos Honduras Starts Hydrogen Injection Process at Piedras Azules
Argos Honduras successfully implemented an innovative furnace hydrogen injection process at its Piedras Azules cement plant.
Read MoreGiant Cement to Increase Capacity with Georgia Terminal
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.
Read MoreCEMEX Subsidiary to Expand Jamaican Plant
CEMEX announced a plan to expand the production capacity by 30% at its subsidiary Caribbean Cement Co.’s Rockfort, Jamaica, plant.
Read MoreCement Orders Help Drive FLSmidth Q2 Revenue Growth
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.
Read MoreCalPortland, Martin Marietta Ink Cement Plant Deal
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.
Read MoreCSN Acquisition of Holcim Brazil Gets Greenlight
Brazil’s antitrust regulator CADE approved the $1.025 billion sale of Holcim’s local cement business to steelmaker Cia Siderurgica Nacional (CSN) with no restriction, reported Reuters.
Read MoreVotorantim Cimentos Q2 Revenue Up 15%
Global producer Votorantim Cimentos ended the second quarter of 2022 with consolidated net revenue of R$6.7 billion, an increase of 15% compared to the same period last year. The increase was primarily due to favorable price dynamics, in addition to the positive impact of additional sales resulting from acquisitions made in 2021.
Read MoreGCC to Expand Texas Plant
Cement and concrete producer GCC will execute a capacity expansion at its Odessa, Texas plant. The project will increase annual cement production capacity by more than 1 million metric tons and lower the plant’s greenhouse gas intensity by 13%.
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