Displaying items by tag: US

Germany: The former HeidelbergCement launched its new name and branding as Heidelberg Materials at a group level on 20 September 2022. The new two-word moniker underlines the cement producer's pioneering role on the path to building materials digitisation and carbon neutrality. 'Materials' stands for its innovative portfolio of sustainable and intelligent building materials, as well as digital solutions. The group's subsidiaries will also change their names to Heidelberg Materials from the beginning of 2023. Among the first to undergo the transformation will be US-based Lehigh Hanson, which will become Heidelberg Materials in early 2023.

Managing board chair Dominik von Achten said “We are proud of our cement business, but the company's range of services goes far beyond cement. Today, and even more in the future.Our future is sustainable. Our future is digital. Customer demands, markets and competitors are changing rapidly. Opportunities and challenges go beyond country borders; communication is becoming increasingly global. Differentiation opportunities arise." Concerning the company's cement business, von Achten said "We will be the first company in the world to offer carbon-free cement at large scale as early as 2024. We are vigorously driving forward the scaling of our CCUS activities: by 2030, we will reduce our CO₂ emissions by 10Mt/yr with the projects we have already launched. "

US: COBOD says that construction of the largest 3D printed building in the US using its 3D printing technology has commenced at a site in Houston, Texas. The building is the country’s first two-storey residential building constructed using the method. PERI handled the order for contractor CIVE and architect HANNAH.

CIVE president Hachem Domloj said “Having the opportunity to be the engineers and general contractor for the first two-storey 3D printed structure in the US has been an honour. We can see how this technology and our team’s approach is providing the scalability to larger commercial developments. Collectively, we're changing the way our country builds, and paving the way for more affordable housing, higher structural integrity and faster building capabilities. The possibilities of 3D printing are endless!”

US: Argos USA has obtained a US$750m loan for the financing of its working capital and capital expenditure and refinancing of its debt. The loan is linked to environmental, social and governance (ESG) metrics. Bank of Nova Scotia, BNP Paribas, JP Morgan Chase Bank, SMBC and Bank of New York Mellon lent the funds, assisted by Cuatrecasas.

Parent company Cementos Argos said "With this credit agreement, around 44% of Cementos Argos' consolidated debt will be linked to ESG indicators, bringing it closer to the 50% target for 2022 previously announced to the market, and thus reaffirming the company's commitment to meeting ambitious goals in terms of sustainable growth."

UK: US-based Mississippi Lime Company (MLC) has completed its acquisition of Singleton Birch, a supplier of lime products. The move is part of MLC’s strategy to expand both geographically and with new products and technologies. No value for the transaction has been disclosed.

Singleton Birch is based in North Lincolnshire, where it employs more than 150 staff. It will continue to operate under its existing brand and the management team, led by chief executive officer Richard Stansfield, who will remain in place. Singleton Birch has a number of business lines, including a chemicals division, which provides specialty calcium products to the rubber and plastics markets. It also provides services and solutions to the renewable energy, water treatment and waste management industries.

US: Total US cement shipments grew by 4% to 52.4Mt in the first half of 2022 from 50.4Mt in the same period in 2021. Data from the United States Geological Survey (USGS) shows that local shipments and imports rose by 3.5% to 44.1Mt and 7% to 8.31Mt respectively. The largest sources of imports of cement and clinker were Turkey at 4.57Mt, Canada at 2.19Mt, Mexico at 1.28Mt, Greece at 1.23Mt and Vietnam at 0.94Mt. The largest cement producing states in the reporting period, in descending order, were Texas, California and Missouri.

US: The Boulder County Planning Commission has recommended that county commissioners should reject Cemex USA’s application to extend its licence to mine limestone at its Dowe Flats quarry until 2037. Local press has reported that Cemex USA previously agreed to shut down its Lyons cement plant at the expiry of its extended licence in 2037. The company says that it will be able to continue operating the plant without use of the mine.

Cemex USA executive vice president Trpimir Renic said "We do always try and consume the raw materials that are available to us at the existing site where we are currently operating. We think that operating that quarry for the next 15 years - supplying Lyons cement plant - is the most responsible resource management operation that we can undertake."

US: Royal White Cement has leased a site on the Houston Ship Channel in Houston, Texas. Local press has reported that the company plans to build its second cement terminal in the city there. Houston Peninsula Terminals will operate unloading systems for the storage of cement across three facilities at the site. It is also equipped with multiple railway tracks and heavy truck loading facilities. Royal White Cement owner Marcel Fadi said that the move would help the producer to expand its footprint in Houston and beyond.

Fadi said "We have long operated in the Houston market, but this direct access to storage and bulk unloading along the channel will provide greater efficiencies and flexibility, allowing Royal White Cement to handle and store approximately 100,000t of multiple cementitious products such as slag, grey cement, and white cement."

US: Lehigh Hanson has secured US$3.7m-worth of funding from the US department of energy for its planned front-end engineering design (FEED) installation of a carbon capture system at its Mitchell cement plant in Indiana. The funding was part of a total US$31m pot awarded to 10 different carbon capture projects across multiple industries. All of the projects have the capacity to capture over 95% of emissions from their respective plants.

Mitsubishi Heavy Industries America is supplying its carbon capture system for use at the Mitchell cement plant, at a total project cost of US$4.8m.

US: Argos USA has invested US$40m in 200 new ready-mix concrete mixer trucks, as the first phase of a five-year fleet expansion and replacement plan. The company says that the vehicles have a useful life of 8 – 10 years, or 53,500m³. It expects to make its next truck purchases in early 2023.

Argos USA ready-mix president Richard Edwards said "With the acquisition of these new assets, we continue our dedication to delivering extraordinary solutions to customers, helping facilitate the progress and development of the cities and communities where we have a presence. Our new trucks have a capacity of around 7.5m³ of concrete, are approximately 15% more fuel efficient than our previous trucks, and result in lower atmospheric emissions. They are also vehicles with the latest safety equipment, to continue ensuring the safety of our employees and everyone we share the road with daily."

Ireland: Strong sales revenue and earnings growth from CRH’s America Materials and Building Products divisions have driven its performance in the first half of 2022. The group’s total revenue rose by 14% year-on-year to US$15bn in the first half of 2022 from US$13.2bn in the same period in 2021. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 21% to US$2.21bn from US$1.82bn. Its sales revenue of cement, lime and cement products grew by 5% to US$2.47bn.

The group’s America Materials division reported an increase in sales revenue and EBITDA of 17% to US$5.55bn and 12% to US$820m respectively. Cement sales in the region grew by 15% although lower activity was noted in Canada. The group’s Europe Materials division reported an increase in sales revenue and EBITDA of 5% to US$5.43bn and 4% to US$609m respectively. However the company said that before sales and earnings in the region grew by 14% on a like-for-like basis. The group’s Building Products division - which supplies architectural products, infrastructure products and construction accessories – performed particularly well compared to the other sectors.

Albert Manifold, the chief executive officer of CRH, said “CRH has delivered another strong performance with further growth in sales, EBITDA and margin despite a challenging and volatile cost environment. This performance reflects the continued execution of our integrated and sustainable solutions strategy.”