Displaying items by tag: US

US: Cemex USA has unveiled a new train at its Victorville cement plant in California. The train was built by Knoxville Locomotive Works it comes with an MTU-4000 Series engine. It will be used to transport clinker at the plant. The engine has been selected to meet US Environmental Protection Agency (EPA) and California Air Resources Board Tier 4 Emissions requirements. A portion of the cost of the new train was covered by a federal grant secured with the assistance of the Mojave Desert Air Quality Management District.

US: Lehigh Cement’s Mitchell plant in Indiana has won a 2019 Governor’s Workplace Safety Award for innovations as a medium-sized company. The awards are issued by the Indiana Department of Labor.

The subsidiary of Germany’s HeidelbergCement recorded no lost-time accidents in 2018 and the plant has not had a lost-time accident since September 2015, according to the Herald Times newspaper. The company uses a Safety Action Plan with specific targets that focus on areas of significant risk, including critical risk management and zero fatalities. It also runs weekly safety conversations between employees to raise health and safety issues with management.

US: Mitsubishi Cement’s Lucerne Valley plant in California has received a US$0.32m grant for emission-reducing equipment from the Mojave Desert Air Quality Management District. The grant has been used to buy a new 2018 Viking Trackmobli diesel mobile railcar mover at the site to replace two older pieces of equipment. The railcar mover was purchased with grant funds through AB 2766, which authorises air districts to impose a US$4 vehicle registration fee to meet the requirements of the California Clean Air Act.

US: Plibrico has appointed Roger Smith as its Technical Manager. He will be responsible for development of refractory formulas and providing technical guidance to the company’s partners and customers. Smith will report to Plibrico’s Vice President of Engineering, Dan Szynal.

Smith holds 15 years of experience in the processing, characterisation and testing of traditional and advanced ceramics. Prior to Plibrico, his previous positions include RHI Magnesita and Bucher Emhart Glass, where he was a ceramist for almost 10 years. As a ceramist, Smith conducted technical customer visits to address performance concerns, developed and commercialised new refractory material.

Smith is a member of the America Ceramic Society, serving as chairman of the St Louis, Missouri section from 2014 - 2016. He also was a member of the ASTM Committee C08 on refractories from 2010 - 2017. Smith holds a Master’s degree in Ceramic Engineering from the University of Missouri-Rolla.

US: ZAG has reached a US$506,250 settlement with the US Department of the Treasury's Office of Foreign Assets Control (OFAC) over breaches on trade sanctions with Iran. Between mid-2014 and early 2015 OFAC says that ZAG purchased 263,563t of Iranian produced clinker via a company based in the UAE. The government body added that ZAG knew that the clinker came from Iran although it was assured at the time by the supplier that it was not subject to US sanctions. The clinker was then sold to a company in Tanzania. However, OFAC said that since ZAG voluntarily disclosed its violation of sanctions to the office it viewed the case as a so-called a ‘non-egregious case‘ and the resulting fine was far below the maximum.

Germany: Poor weather in the US and lower asset sales than expected reduced HeidelbergCement’s earnings in 2018. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 6.8% year-on-year Euro3.07bn in 2018 from Euro3.3bn in 2017. Its revenue rose by 4.7% to Euro18.1bn from Euro17.3bn. Cement sales volumes grew by 3.4% to 130Mt from 126Mt and ready-mix concrete volumes increased by 3.7% to 49Mm3 from 47.2Mm3.

“In operational terms, we were almost able to offset the impact of adverse weather conditions, particularly in the US, and the higher than expected cost inflation through growth in sales volumes and price increases,” said Bernd Scheifele, chairman of the managing board. He added that the company achieved record sales volumes and revenues in 2018. He also said that its action plan is producing its first results, with a reduction in debt to below Euro8.4bn due to portfolio ‘optimisation’ and spending discipline.

By region the group reported that construction activity in North America was hampered by a long winter in the north and heavy rainfall, particularly in the north and southwest of the US. A ‘strong’ level of construction was noted in the group’s Northern and Eastern Europe-Central Asia Group area leading to revenue increases. In Asia-Pacific its operating EBITDA fell by 4.4% due in part to high competition in Indonesia and infrastructure project delays in Thailand. Cement sales volumes growth was reported in most counties in Sub-Saharan Africa.

Colombia: Poor weather in the US reduced Cementos Argos’ sales revenue in 2018. Its sales revenue fell by 1.4% year-on-year to US$2.7bn in 2018 from US$2.74bn in 2017. Cement sales volumes decreased by 1.1% to 16Mt from 16.2Mt. The cement producer said that its cement volumes in the US were impacted by weather and a 43 day halt at its Martinsburg Plant in Texas, US. However, its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 8% to US$494m from US$457m. This was in part due to an improved Colombian construction market.

India: US private equity company KKR is reportedly discussing investing up to US$284m in Emami Group. Sources quoted by the Economic Times newspaper said that Emami Group was looking to reduce its debts and raise funds for an expansion strategy.

US/Mexico: Growing cement sales volumes and higher prices in the US and Mexico drove Grupo Cementos de Chihuahua’s (GCC) sales in 2018. Its net sales rose by 7.2% year-on-year to US$883m in 2018 from US$824m in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 6.7% to US$256m from US$240m. However, its net income fell by 24.2% to US$63.5m from US$83.7m. US sales rose by 7.1% to US$883m and Mexican sales rose by 7.2% to US$237m.

“We completed a purchase-sale transaction exchanging GCC’s ready-mix plants in Oklahoma and Northwest Arkansas, which were not integrated into our cement distribution network, for a cement plant in Montana representing a strategic addition to our system that will also improve our profitability. This plant, along with the completion of capacity expansion at our South Dakota cement plant in Rapid City, will enable us to continue to benefit from the robust pace of growth in the US economy,” said Enrique Escalante, GCC’s chief executive officer.

US: Martin Marietta's sales rose by 7% year-on-year to US$4.24bn in 2018 from US$3.97bn in 2017. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) remained stable at US$1.1bn. Revenue from its cement business grew by 4.5% to US$388m from US$371m.Cement shipments increased slightly to 3.5Mt. The building materials company said that its cement shipments had been negatively affected by bad weather in the fourth quarter. The bulk of the company's revenue comes from it aggregate business followed by ready-mix concrete.