Heidelberg Materials reported results from financial year 2023. While Group revenue rose slightly by 4% to €21.2 billion in a weak market environment, the result from current operations rose by 29% to €3.0 billion. Specific net CO₂ emissions were reduced by a further 3% compared with the previous year. “Despite a persistently difficult market environment, we closed the past financial…
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Martin Marietta Has Best Year in Company History
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2023. For the fourth quarter, total revenues were $1.608 billion versus $1.477. billon for the fourth quarter of 2022, an 8.9% increase. For full year 2023, the company is reporting total revenues of $6.777 billion versus $6.161 billion in 2022, a 10% improvement.
Read MoreH&K Details Seasonal Closures
H&K Group Inc.’s (H&K’s) Materials Division is announcing official seasonal shutdown dates for all of its asphalt plant facilities. H&K presently owns and/or operates 19 hot mix asphalt plant facilities located throughout Eastern Pennsylvania, New Jersey and Delaware. “Our state-of-the-art asphalt plants produce a wide range of mix designs, including: Superpave, Warm-Mix Asphalt, Red Top, Airport Mix, Custom Mix Designs…
Read MoreSGI Acquires Panamint Valley Limestone
SGI, a Standard Industries company and manufacturer of innovative roofing products, building materials and agricultural products, announced its acquisition of Panamint Valley Limestone (PVL), a southern California-based quarry that mines limestone for building materials and a variety of other end uses. Now that the acquisition is completed, SGI plans to make investments to enhance site capabilities to serve an expanded…
Read MoreHolcim US Advances Sustainable Construction in North Texas
Building on the success and continued growth of ECOPact low-carbon concrete in the market, Holcim US announced the introduction of the innovative sustainable construction material in the rapidly expanding Dallas-Fort Worth metroplex. An industry wide commitment to lowering the carbon footprint of the built environment is driving the construction sector to act quickly to decarbonize by midcentury. “Dallas-Fort Worth has…
Read MoreMartin Marietta Reports Quarterly Records for Revenues, Profitability, Unit Margins
Martin Marietta Materials Inc. reported results for the second quarter ended June 30, including quarterly records for revenues, profitability and unit margins. The company achieved gross profit of $1.821 billion versus $1.642 billion in the second quarter of 2022. Second-quarter aggregates gross-profit-per-ton increased 27.9% to $6.80. The Building Materials business generated record quarterly revenues of $1.74 billion, an 11.6% increase. Gross profit…
Read MoreMartin Marietta Achieves Record 2022 Revenues
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2022, noting full-year records for revenues, profitability and safety performance. While fourth-quarter 2022 total revenues were lower, $1.477 billion versus $1,496 billion in 2021, full-year 2022 revenues totaled $6.161 billion, up from $5.414 billion in 2021.
Read MoreCEMEX Ventures Releases Top 50 ConTech Startups for 2023
CEMEX Ventures released its Top 50 ConTech Startups 2023. CEMEX Ventures is the Corporate Venture Capital arm of CEMEX that invests in construction technology (ConTech) companies.
Read MoreMartin Marietta Achieves Record Quarterly Revenues, Gross Profit
Martin Marietta Materials reported results for the third quarter ended Sept. 30, noting products and services revenues of $1.680 billion versus $1.463 billion over the same period last year, an increase of 14.9%. Building Materials generated record products and services revenues of $1.61 billion for the third quarter, a 15.9% increase, driven primarily by acquisitions and double-digit pricing growth across…
Read MoreMartin Marietta Boasts Record Q2 Aggregates, Cement Revenues
Martin Marietta Materials Inc. reported results for the second quarter ended June 30. The company is reporting revenues of $1.524 billion versus $1.295 billion in the second quarter of 2021, a 17.6% increase.
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