Hillhead 2024 Dates Announced

Oct. 31, 2022 – The next edition of the iconic UK quarrying, construction and recycling exhibition will take place from June 24-27, 2024, at Hillhead Quarry, Buxton, England. Hillhead returned with a bang earlier this year as The QMJ Group celebrated the show’s 40th anniversary over three gloriously sunny days in June. Exhibitors and visitors took the opportunity to reconnect…

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Chemours Begins Operation of Trail Ridge South Mineral Sand Mine in Florida

The Chemours Company, a global chemistry company with leading market positions in titanium technologies, thermal and specialized solutions, and advanced performance materials, invited key community stakeholders and legislators to a ribbon cutting event on Oct. 14 to officially recognize the startup of its newest mineral sand mine, Trail Ridge South. The new mining operation represents a $93 million investment that…

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Source Energy Services Completes Refinancing of Senior Credit Facility

Source Energy Services Ltd. has closed a new revolving asset-backed senior credit facility with a syndicate comprising FGI Worldwide LLC and CIT Northbridge Credit, as advised by CIT Asset Management LLC, providing access to financing of approximately C$75 million (US$55 million, and has made the Aug. 15, 2022, cash interest payment on its 10.5% senior secured first-lien notes due March…

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U.S. Silica Holdings Reports Revenue Increase

U.S. Silica Holdings Inc. announced net income of $32.1 million, or $0.41 per diluted share, for the third quarter ended Sept. 30. The third quarter results were negatively impacted by $2.1 million pre-tax, or $0.02 per diluted share after-tax, of charges primarily related to merger and acquisition related expenses and optimization costs, partially offset by the gain on extinguishment of…

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Holcim Reports Continued Record Performance; Green Growth

In the third quarter 2022, Holcim delivered another quarter of record results with net sales of CHF 8,045 million, up 16.3% on a like-for-like basis (LFL) compared to the prior year, or +10.4% of absolute growth. Net sales over the first nine months of 2022 were CHF 22,725 million, or 13.9% higher LFL than the prior-year period. Recurring EBIT reached…

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Chemours Begins Operation of Trail Ridge South Mineral Sand Mine in Florida

The Chemours Company, a global chemistry company with leading market positions in titanium technologies, thermal and specialized solutions, and advanced performance materials, invited key community stakeholders and legislators to a ribbon cutting event on Oct. 14 to officially recognize the startup of its newest mineral sand mine, Trail Ridge South. The new mining operation represents a $93 million investment that will create approximately 50…

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New Home Sales Fall Back in September

Rising mortgage rates approaching 7% along with declining builder sentiment stemming from stubbornly high construction costs and weakening consumer demand pushed new-home sales down at a double-digit rate in September. Following a brief uptick in August, sales of newly built, single-family homes in September fell 10.9% to a 603,000 seasonally adjusted annual rate, according to newly released data by the…

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