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 MoreTag: cement
CalPortland, 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%.
Read MoreCement Shipments Jump 6% in May
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in May 2022 were an estimated 9.7 million metric tons (Mt), a 6.0% increase from shipments in May 2021, according to the latest USGS Mineral Industry Survey. Shipments for the year through May totaled an estimated 41.6 Mt, an increase of 3.2% from those for…
Read MoreCement Shipments Drop 5.3% in April
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in April 2022 were an estimated 9.2 million metric tons (Mt), a 5.3% decrease from shipments in April 2021, according to the most recent USGS Mineral Industry Survey. Shipments for the year through April totaled an estimated 31.9 Mt, an increase of 2.4% from those…
Read MoreMarch Cement Shipments Up 3.3%
Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in March 2022 were an estimated 9.3 million metric tons (Mt), a 3.3% increase from shipments in March 2021, according to the most recent USGS Mineral Industry Survey. Shipments for the year through March totaled an estimated 22.7 Mt, an increase of 6.0% from those…
Read MoreSRM Concrete Acquires Florida Bulk Cement Distributor
SRM Concrete announced the acquisition of Young Trucking, the largest bulk cement distributor in southwest Florida.
Read MoreCEMEX Expands Capacity in Dominican Republic
CEMEX reopened the second line at its main cement operation in the Dominican Republic to increase production capacity by one-third and allow the company to better serve customers in the Caribbean.
Read More