Heidelberg Materials announced revenue increases of 8.5% to €10,473 million and “improvement in result” of 37.5% to €1,189 million for the first half of 2023. CO₂ emissions were reduced by a further 2.4%.
Read MoreTag: cement
Eagle Materials Establishes New Financial Milestones
Eagle Materials Inc. 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%. Fiscal 2023 revenue in…
Read MoreHolcim Reports Strong Start to Year in North America
Holcim reported net sales of CHF $5,725m and organic growth of 8% in the first quarter of 2023. The North America region delivered a strong start to the year in Cement, Aggregates and Ready-Mix Concrete, with strong market demand in both the United States and Canada. Roofing volumes were impacted by inventory normalization. Holcim’s roofing offer was further strengthened in…
Read MoreUSGS: Nonfuel Mineral Production Jumps $3.6 Billion in 2022
By Mark S. Kuhar U.S. mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022 – an estimated $3.6 billion increase over the 2021 revised total of $94.6 billion, according to the U.S. Geological Survey. This information comes from the 28th annual USGS Mineral Commodity Summaries report, released Jan. 31 by the USGS National Minerals Information Center. The report…
Read MoreTACA Holds Capitol Day
On Feb. 28, more than 40 members of the Texas Aggregates & Concrete Association (TACA) visited with Texas legislators to discuss issues important to the aggregate, concrete and cement industries, including policy priorities and budget proposals before the 88th Texas State Legislature. “TACA’s Capitol Day is a great opportunity for legislators and their staffs to connect with our members, who…
Read MoreThe Rock Products Market Composite
Feb. 1, 2023 – The U.S. Geological Survey (USGS) – in its just-released Mineral Commodity Summaries 2023 report – estimates that 2022 total aggregates production will come in at approximately 2.46 billion metric tons per year (Gt), approximately 1% higher than 2021; with an additional 230 million metric tons (Mt) coming from the cement, gypsum, industrial sand and lime sectors. Each…
Read MoreEagle Materials Concrete and Aggregates Revenue Spikes 30%
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2023 ended Dec. 31, 2022. The company is reporting record revenue of $511 million, up 10%.; and record net earnings of $117 million, up 14%. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, as well as Joint Venture and intersegment Cement revenue, was up 3%…
Read MoreEagle Materials Reports Record Second Quarter Results
Eagle Materials Inc. reported financial results for the second quarter of fiscal 2023 ended Sept. 30. The company is reporting record revenue of $605 million, up 19%, and record net earnings of $139 million, up 36%, and net earnings per share of $3.72, up 51%. Commenting on the results, Michael Haack, president and CEO, said, “At this unique time in the…
Read MoreMineral Commodity Summaries
Snapshots Of The Crushed Stone, Sand And Gravel, Industrial Sand, Cement, Gypsum And Lime Markets The U.S. Geological Survey (USGS) estimates 2021 total aggregates production at approximately 2.5 billion metric tons per year (Gt), a 5% increase over 2020. In its Mineral Commodity Summaries 2022 report, the agency reports Crushed Stone, Sand and Gravel, Cement, Industrial Sand, Gypsum and Lime…
Read MoreSummit Materials Aggregates Revenues Rise in Second Quarter
Summit Materials Inc. announced results for the second quarter ended July 2. Net revenue increased $13.4 million, or 2.2% in the second quarter to $631.9 million, due to increases in average sales prices across all lines of business that more than offset volume declines due primarily to divestitures.
Read More