Cemex directors have appointed Jaime Muguiro to replace retiring CEO Fernando González, a 35-year veteran of the global cement, aggregate and concrete producer, effective April 2025. “In over a decade as CEO, Fernando has led Cemex to great success, and he will leave us with a company that is an industry leader in sustainability, innovation, and digitalization to better serve…
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Eagle Materials’ Aggregates, Cement Revenue Declines
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2025 ended Dec. 31, 2024. The company is reporting: Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, as well as Joint Venture and intersegment Cement revenue, was down 4% to $351.8 million. Heavy Materials operating earnings decreased 20% to $85.4 million. Both declines resulted from…
Read MoreTariff-wise PCA Frames Canada, Mexico Imports in Tonnage, Destination Terms
The Portland Cement Association (PCA) has weighed in on the national debate over international tariffs proposed by the Trump Administration.
Read MoreLooking Back, Looking Ahead
This is Rock Products’ Outlook/Forecast Issue, and as is par for the course, we take a look back and take a look ahead. Our “state-of-the-industry” feature does a solid job of that, touching on economics, politics and more. In addition, our latest pricing feature looks back to 2024 to glean some important market insights, while the latest installment of The…
Read MoreGreat Lakes Limestone Trade Down in October
Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, a decrease of 13.1% compared to a year ago. Limestone cargos were also below the month’s five-year average by 9.6%. Loadings from U.S. quarries totaled 2.7 million tons, a decrease of 8.4%. Shipments from Canadian quarries totaled 587,069 tons, a decrease of 29.7%. Year-to-date the limestone trade…
Read MoreSEMCO’s AggNexus Digital Innovation Conference: A New Frontier
SEMCO Publishing, parent company of Rock Products, sponsored the first AggNexus Digital Innovation Conference Sept. 9-10 at the University of Texas, Austin. The event engaged representatives of technology-savvy multinational or independent cement, aggregate, concrete and asphalt producers plus allied software developers or service providers. SEMCO Publishing publications Rock Products, Cement Products and Concrete Products; and Route One Publishing Ltd.’s Aggregates…
Read MoreA No Landing?
You would have to be living under a rock not to see the tear the stock markets are on, and especially the construction materials subset of companies that supply aggregates, cement and ready mixed concrete; and that are all breaking through previous records to all-time highs. And jobs reports continue to be strong, and in a strange dichotomy, the consumer…
Read MoreTACA Holds Annual Environmental, Sustainability & Safety Seminar
The Texas Aggregates & Concrete Association (TACA) – the leading Texas trade association for the aggregate, concrete, cement and associated industries – welcomed 120 attendees to its annual Environmental, Sustainability & Safety Seminar on Oct. 24-25 at the Plaza San Antonio Hotel & Spa in San Antonio. Attendees heard from industry experts about a variety of issues, including Environmental Product…
Read MoreEagle Materials Reports Record Revenue
Eagle Materials Inc. shared financial results for the second quarter of fiscal 2025 ended Sept. 30, 2024, reporting record revenue of $623.6 million, and net earnings of $143.5 million. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $418.7 million, a 2% decrease. Heavy Materials operating earnings were down 9%…
Read MoreAggNexus Extra: Young Executives Digitalization Panel Discussion
The inaugural AggNexus Digital Innovation Conference was a huge success, attended by almost 100 industry professionals Sept. 9-10 on the University of Texas, Austin campus, and sponsored by SEMCO Publishing, parent company of Rock Products. The event engaged representatives of technology-savvy multinational or independent cement, aggregate, concrete and asphalt producers plus allied software developers or service providers. A Young Executives Digitalization…
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