Displaying items by tag: Aggregates

US: Summit Materials' revenue rose by 3% year-on-year to US$739m in the first half of 2019 from US$717m in the same period in 2018. Its adjusted earnings before interest, taxation, deprecation and amortisation (EBITDA) grew by 4% to US$147m from US$141m. Cement sales volumes increased by 2% to 1Mt from 0.97Mt. Tom Hill, the chief executive officer of Summit Materials, noted that flooding on the Mississippi River had presented ‘significant’ challenges for its cement business during the second quarter of 2019.

Summit Materials is active in the aggregates, asphalt and concrete sectors. It also owns Continental Cement, a cement producer that runs two integrated cement plants at Hannibal, Missouri and Davenport, Iowa.

US: The Japan Coal Energy Center (JCOAL), GreenOre Clean Tech, Columbia University and Wyoming Infrastructure Authority (WIA) have entered into a memorandum of understanding (MOU) to test carbon utilisation and recycling technology. GreenOre Clean Tech, using technology under license from Columbia University, will use testing space at the Integrated Test Center (ITC) near the Dry Fork Station coal-fired power station in Gillette, Wyoming. Calcium carbonate produced through CO₂ mineralisation could then potentially be used for aggregates, concrete production or in paper production. The test will be funded by JCOAL with additional support from project partners.

The State of Wyoming and JCOAL have been working together since 2016, when they signed an initial MOU committing to cooperation in coal research and development of technologies and coal trade. JCOAL operates under the supervision of the Ministry of Economy, Trade and Industry of Japan and is supported by more than 120 member coal-related businesses, including Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems, Nippon Steel and Toshiba. Kawasaki is scheduled to test its solid sorbent capture technology at the ITC beginning in 2021.

India: Ambuja Cement is looking for ready-mix concrete (RMX) and aggregate assets to buy as part of its growth plans. A company source quoted by the Business Standard newspaper said that it was considering ‘growth options’ in all of its core businesses of cement, RMX and aggregates. Industry analysts have interpreted this as an effort to diversify the business away from dominance by the cement sector. However, expansion in the RMX market is expected to be difficult owing to the lack of local organisation in the market.

The subsidiary of LafargeHolcim has a cement production capacity of 63Mt/yr, including those of ACC. Both Ambuja Cement and ACC use a master supply agreement to coordinate sales, marketing and logistics.

France: HeidelbergCement France has finalised the acquisition of Cemex’s Centre region aggregates and ready-mixed concrete businesses. The acquisition includes seven aggregate quarries and 28 ready-mixed concrete plants. The acquired aggregates reserves and resources amount to about 25Mt. HeidelbergCement France will fully integrate the operations into its own network.

“With this acquisition, we strengthen our vertically integrated market position in central France,” said Bernd Scheifele, chairman of the managing board of HeidelbergCement. “The operations fit very well into our existing network of aggregates and ready-mixed concrete plants in the Paris region, and we expect significant synergies.”

UK: Hanson has been part of a new continuous concrete pour record in the UK as part of its work at the EDF Energy’s Hinkley Point C (HPC) new nuclear power station in Somerset. It supplied raw materials for the concrete to main civil engineering contractor BYLOR, which operates the on-site concrete production plant. The 9000m³, five-day, pour was to construct the last of five reinforced concrete segments that make up the cross-shaped foundations on which all of the first nuclear reactor’s buildings will sit. The record-breaking pour beats the previous UK record set by the Shard skyscraper in London.

The completion of the foundation platform, which is up to 4m thick, represents a significant milestone for the project, described by EDF Energy as J-zero. It marks the transition from below ground activity to the construction of permanent reactor buildings above ground.

Hanson says that mix design for HPC took three years of development and testing to ensure that the concrete was of the required quality mandated by the Office for Nuclear Regulation. The subsidiary of Germany’s HeidelbergCement has 65 employees directly involved in the HPC project team. To date Hanson has supplied 51,000m³ of concrete, 2.5Mt of aggregates, 210,000t of marine sand, 65,000t of cement; 105,000t of ground granulated blast furnace slag (GGBS) and 125,000t of asphalt.

France: Cemex has supplied over 0.3Mm³ of ready-mixed concrete and more than 0.55Mt of aggregates for the Grand Paris Express project over the past three years. It has used mobile on-site concrete plants and a local network of 21 plants in Île-de-France to support the large-scale railway infrastructure scheme.

"The Grand Paris worksites present a daily challenge to deliver ready-mix concrete on time, supply aggregates to our production sites, and move earthworks from the stations and tunnels out of Paris,” said Benjamin Lecendrier, Major Projects Director at Cemex France.

The Grand Paris Express worksites on metro lines 11, 14 and several sections of line 15 South have involved most of Cemex’s staff in the Île-de-France region, with four full-time operatives working in a dedicated unit. Given the scale of operations, logistical organisation is a challenge, with the twin demands of delivering construction materials and removing 40Mt of earthwork by 2030.

Germany: Cemex has signed the final agreement to sell its aggregates and ready-mix assets in the North and North-West regions of Germany to GP Günter Papenburg AG for around Euro87m. The divestment is expected to close during the second quarter of 2019.

The assets in Germany being divested consist of four aggregates quarries and four ready-mix facilities in North Germany, and nine aggregates quarries and 14 ready-mix facilities in North-West Germany. The proceeds expected to be obtained from this divestment will be used mainly for debt reduction and for general corporate purposes.

US: Martin Marietta has benefited from aggregate sales volume growth in the first quarter of 2019. Its revenue grew by 17% year-on-year to US$939m from US$802m. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 28% to US$159m from US$124m. However, the gross profit on its cement business was down and both sales and profit was down for ready-mixed concrete (RMX). Despite this the company said that its cement shipments and pricing increased 7.3% due to demand in Texas, a new Houston-area sales yard and an enhanced product line.

Germany: Cemex has reached a binding agreement to sell its aggregates and ready-mix concrete assets in the north and northwest regions of Germany to GP Günter Papenburg for around Euro87m. It expects to sign the final agreement in April 2019 and close the divestment during the second quarter of 2019.

The assets in Germany being divested consist of four aggregates quarries and four ready-mix concrete (RMX) plants in north Germany, and nine aggregates quarries and fourteen RMX plants in northwest Germany.

The proceeds expected to be obtained from this divestment will be used mainly for debt reduction and for general corporate purposes. The transaction is subject to standard regulatory approval.

US: Brazil’s Votorantim Cimentos has acquied United Materials, a producer of aggregates, concrete and building materials, for an undisclosed amount. The purchase was conducted by its subsidiary Votorantim Cimentos North America. United Materials operates four ready-mix concrete plants, one aggregate quarry and two building materials units in the western part of New York state. It has around 140 employees.