The 38th International Cement Seminar & Exhibition (ICSE) was held Nov. 19-21 in Atlanta at the Cobb Galleria Center. The show – produced by SEMCO Publishing, the owner of Rock Products, Cement Americas and Concrete Products magazines – was an unqualified success.
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ICSE Kicks Off in Atlanta
Nov. 19, 2019 – The 38th International Cement Seminar and Exhibition (ICSE) kicked off with a bang this morning in Atlanta, as Portland Cement Association Economist Ed Sullivan delivered a well-attended Keynote on the economy and his projections for cement production. Sullivan noted that while we may see slower economic growth, there are no clear signs to indicate a recession in the future. He also…
Read MorePCA Forecasts Moderate Cement Consumption and GDP Growth
The Portland Cement Association (PCA) released its annual Fall Forecast, which predicts moderate growth for cement consumption through 2019 and into 2020. PCA Market Intelligence expects cement consumption will grow by 2.4% in 2019, 1.7% in 2020, and 1.4% in 2021.
Read MoreNew Transloading Terminal
Oct. 16, 2019 – Local Chamber of Commerce representatives conducted a ribbon cutting at a new Rail to Road transloading agate terminal southwest of Worthington, Minn., according to The Globe. Operational since late April, the transloading facility brings in rail cars from the Union Pacific and Ellis & Eastern railways on a pair of 1,250-ft. rail spurs. Clark Meyer, president of Rail to…
Read MoreGreat Lakes Ports on Strong Pace
U.S. Great Lakes ports are on pace to beat 2018 cargo volumes following a robust September handling road salt, cement, stone, petroleum and wind energy components. “U.S. Great Lakes ports are reporting cargo growth as they support the region’s construction activity and energy needs and help our cities prepare for the winter ahead,” said Bruce Burrows, president of the Chamber of Marine…
Read MoreYou Ought to Know the Difference!
Sept. 5, 2019 – MSHA apparently doesn’t know the difference between cement and concrete. The agency issued a preliminary fatality report that states, “On August 20, 2019, at approximately 8:00 a.m., a miner was fatally injured when he sustained traumatic injuries from a 40-ft. fall down a shaft to the cement floor below. The victim was working with another miner unloading a refuse kettle…
Read MoreNorth American Market Strong for LafargeHolcim
LafargeHolcim reported that net sales in the second quarter grew by 3.5% like-for-like compared to the prior-year period. This achievement has been driven by successful pricing management and higher cement volumes. Net sales grew in all regions supported by a favorable market environment in general, in particular in Europe and North America.
Read MoreMixed Results for Eagle Materials in Latest Report
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2020 ended June 30. The company is reporting revenue of $370.6 million, down 6%; and net earnings per diluted share of $0.94, down 32%.
Read MoreUSGS Reports First-Quarter Aggregates Production Increase
The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2019 was 449 million metric tons (Mt), an increase of 9% compared with that of the same period of 2018, according to Jason Willett, crushed stone commodity specialist for the U.S. Geological Survey (USGS).
Read MoreEagle Materials to Separate Heavy, Light Materials Businesses
Eagle Materials Inc. announced that its board of directors has approved a plan to separate its Heavy Materials and Light Materials businesses into two independent, publicly traded corporations by means of a tax-free spin-off to Eagle shareholders. The separation is expected to be completed in the first half of calendar year 2020.
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