July 28, 2022 – The publicly traded companies are starting to report second-quarter and first-half results. Martin Marietta Materials, in its second-quarter report, noted that aggregates shipments totaled 57.8 million tons, a 9.3% increase, versus 52.9 million tons in the second quarter of 2021. For the first six months of the year, the company is reporting aggregates shipments of 99.9 million tons, a 11% increase versus 90.0 million tons in the…
Read MoreTag: cement
CEMEX U.S. Business Up 15% in Second Quarter
CEMEX, S.A.B. de C.V. announced continued solid top line growth, with second-quarter net sales of $4.080 million, an increase of 11%. Pricing was the main driver with cement, ready-mix and aggregates, increasing 16%, 12% and 14%, respectively.
Read MoreGreat Lakes-Seaway Cargo Rose by 7% in 2021
A new system-wide report from the Chamber of Marine Commerce shows that Great Lakes-St. Lawrence Seaway ships carried an estimated 149 million metric tons of cargo to and from domestic ports, and to overseas markets during the 2021 shipping season — an increase of 7% over pandemic-stricken 2020. Across the region, materials such as stone, cement and steel were in…
Read MoreEagle Materials Reports Record Revenue
Eagle Materials Inc. reported financial results for fiscal year 2022 and the fiscal fourth quarter ended March 31. For fiscal year 2022, the company is reporting: Record Revenue of $1.9 billion, up 15%. Net Earnings of $374.2 million, up 10%. Net Earnings from Continuing Operations of $374.2 million, up 12%. In the fourth quarter the company is reporting: Record Revenue…
Read MoreHolcim Touts Strong First Quarter
Holcim reported record net sales of CHF 6,440 million, and total growth of +20.1% in Swiss francs, driven by strong demand, acquisitions and pricing.
Read MoreGrowing Cement?
March 1, 2022 – Biomason, a Durham, N.C.-based startup that’s using microorganisms to “grow” cement, raised $65 million in Series C funding led by venture capital firm 2150. Other investors include Celesta Capital, Novo Holdings and Martin Marietta Materials. Per FastCompany’s Adele Peters, “The company starts with recycled aggregate, the tiny bits of material that cement holds together in concrete. Then it adds…
Read MoreCEMEX, Heidelberg, Holcim Make Climate ‘A List’
Three of the top five global cement, aggregate and concrete producers have made the 2021 Climate Disclosure Project A List, reflecting transparency in environmental impact, greenhouse gas emissions management and water resource metrics. CEMEX, HeidelbergCement and Holcim are among 200 A List/Climate category performers from a pool of 10,000-plus companies that London-based CDP observes. “We commit to continue leading the…
Read MoreAggregates & Cement Session
Nov. 12, 2021 – I am pleased to be joining Command Alkon’s Kerry Dougan on Nov. 16th at 2:00 pm EST, for an outlook on trends in aggregates and cement, workplace and operational challenges impacting the industry, and evolving technologies that are addressing the needs of materials operations and construction projects. Click on this link to register for the event.
Read MoreSummit Materials Reports Increased Aggregates Sales Volume
Summit Materials Inc. achieved net income attributable to Summit Inc. of $56.7 million, or $0.48 per basic share in the second quarter 2021 compared to net income attributable to Summit Inc. of $57.1 million, or $0.50 per basic share in the comparable prior year period.
Read MorePCA: Cement Consumption Continues to Climb
The Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan presented the association’s annual summer cement market outlook, predicting an increase in cement consumption over the next four years.
Read More