Displaying items by tag: Americas

Brazil: Votorantim Cimentos has reported that it ended the third quarter of 2025 with double-digit growth in net revenue and operating results. It said that this was driven by higher sales volumes and positive pricing dynamics, supported by geographic and product diversification. The company posted a global net revenue of US$1.64bn in the third quarter of 2025, a 15% rise compared to the same period of 2024. The company said that the result reflects ‘positive dynamics in both sales volumes and prices.’ The company’s cement sales for the quarter came to 10.6Mt, a 6% year-on-year rise. Votorantim Cimentos’ adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the third quarter was US$450m, up by 10% year-on-year in local currency terms. The quarter saw a net profit of US$182m a 3% year-on-year rise.

In Brazil, Votorantim Cimentos’ net revenue in the third quarter of 2025 was US$750m, a 16% increase compared to the same period in 2024. Its adjusted EBITDA for the country was US$175m, up by 9% year-on-year.

US: Amrize has launched a 'Made in America' label for its cement to offer builders ‘the guarantee of American manufacturing and quality, while supporting American jobs and local communities.’ The label signifies that all aspects of the cement are made in the US, including all of its raw materials.

Roll-out of the label will begin at Amrize's flagship cement plants at Ste. Genevieve, (Missouri), Midlothian (Texas), Devil's Slide (Utah), Holly Hill (South Carolina) and Portland (Colorado). The company, already the largest in the US by installed capacity, is investing US$700m in its cement plants during 2025.

“Our new 'Made in America' label offers our customers the confidence that their product complies with US standards for quality, performance and reliability, with local-to-local service,” said Jaime Hill, President of Amrize Building Materials. “We are proud of the role our solutions play in building America and are committed to advancing the US building industry, supporting American jobs and serving as the partner of choice for the professional builders of America.”

Colombia: Cementos Argos reported consolidated revenues of US$369m in the third quarter of 2025, up by 2% from US$358m in the same period of 2024. Earnings before interest, taxation, depreciation and amortisation (EBITDA) was US$100m, while net income rose to US$75m, compared to US$20m in the third quarter of 2024.

For the first nine months of 2025, revenues totalled US$1.05bn and EBITDA was US$250m. Net profit reached US$177m, compared to US$59m in 2024. Cement volumes increased by 7.5% year-on-year, while concrete volumes fell 8%, partly due to a business model adjustment in Panama.

“These results are a clear demonstration of our strategic discipline and our team’s commitment to creating sustainable value. We maintain an optimistic outlook for the end of 2025 and continue to make steady progress in re-entering the United States market and strengthening our international presence,” said Cementos Argos president Juan Esteban Calle.

In Colombia, quarterly revenues reached US$209m with EBITDA of US$64m. Cement volumes grew 3% to 1.4Mt, while concrete volumes declined by 9%. In the year-to-date, Colombian revenues stood at US$572m and EBITDA at US$158m. In the Caribbean and Central America region, quarterly revenues were US$144m. Cement volumes totalled 1.7Mt, up by 14% year-on-year, with year-to-date revenues of US$421m.

Argentina: Cement consumption increased to 968,000t in October 2025, up by 7% compared to 900,000t in October 2024, according to data from AFCP.

Of this total, 967,800t came from domestic production, while 559t were imported. Cumulative consumption for the first 10 months of 2025 reached 8.43Mt, up by 7% from 7.86Mt in the same period of 2024. Compared to September 2025, cement consumption grew by 5.5%.

Brazil: Cement sales were 6.3Mt in October 2025, up by 7% year-on-year, according to preliminary data from the National Cement Industry Union (SNIC). Between January and October 2025, cumulative sales reached 56.6Mt, marking a 3.5% increase compared to the same period in 2024. Shipments per working day averaged 252,300t, up by 5% year-on-year.

The sector’s performance reflected the contradictory macroeconomic scenario, which combined strong employment and infrastructure activity with high interest rates, rising defaults and household indebtedness.

SNIC reaffirmed its 2025 growth projection of 2-3%, supported by the continued strength of the government’s ‘Minha Casa, Minha Vida’ housing programme, which is expected to generate an additional demand of 2.5-3Mt/yr of cement, as well as continued investments in infrastructure.

Paulo Camillo Penna, president of SNIC, said “The Brazilian cement industry has a long history of acting with environmental, social and economic responsibility. Shortly after implementing the sector's mitigation roadmap in 2019, we renewed our commitment to decarbonisation with a proposal to achieve net-zero emissions by 2050. The roadmap covers the entire cement value chain, supported by the development of alternative fuels and raw materials, energy efficiency, carbon capture, storage and use, as well as nature-based solutions. Technology and innovation play a central role, with the active participation of academia, funding agencies and the construction supply chain.”

Jamaica: Caribbean Cement has resumed cement despatch operations at its Rockfort plant following Hurricane Melissa. The company completed safety inspections and restoration work to confirm the structural integrity of the site before restarting operations, according to Our Today news. The producer said it can meet market demand without supply chain disruptions due to its ‘strong’ inventory levels and fully stocked packing warehouses. The company currently holds over 33,000t of clinker, sufficient to produce 44,000t of cement.

Managing director Jorge Martinez said “Our ability to resume the despatch of cement so quickly after Hurricane Melissa is a testament to the strength of our safety protocols, the resilience of our operations, and the dedication of our people. By ensuring all silos and warehouses were secure and fully stocked, we are well positioned to meet Jamaica’s construction needs without interruption.”

US: Eagle Materials reported ‘record’ revenues of US$639m for the second quarter of the 2026 financial year, ending on 30 September 2025. Net earnings were US$137m and adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) were US$233m. Cement revenues, including joint venture and intersegment sales, rose by 9% to US$385m, while operating earnings increased by 3% to US$120m, partially offset by lower cement prices. Cement sales volumes grew by 8% to 2.2Mt.

President and CEO Michael Haack said “Eagle's portfolio of businesses continued to perform well during the quarter, generating record revenues of $639m. Our cement sales volume was up by 8% as demand remained strong, driven primarily by federal, state and local spending on public infrastructure projects and continued elevated spending across private non-residential construction end markets.”

He added “We enter the second half of fiscal 2026 well-positioned to capitalise on near-and-longer-term growth opportunities, including the future recovery of the housing market, given our strong balance sheet and continued investments in upgrading our assets and network. During the second quarter, we continued to make good progress on modernising and expanding our Mountain Cement plant, and the project remains on time and within budget. This investment will lower the plant's cost structure, improve its reliability and expand its production capabilities, which will strengthen our already low-cost competitive position.”

US: Amrize reported third-quarter 2025 revenue of US$3.68bn, up by 6.6% from US$3.45bn in 2024, driven by strong infrastructure demand and improving commercial markets. The company’s building materials revenue grew by 8.7%, supported by higher volumes in aggregates and shingles, while adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) reached US$1.07bn. Net income was US$543m, down slightly from US$552m in 2024. Cement sales volumes rose by 6% to 7.1Mt during the third quarter.

Chair and CEO Jan Jenisch said “Together, we delivered strong revenue growth of 6.6% and free cash flow generation of US$674m, up by US$221m. Our Building Materials business had strong sales with increased customer demand, while margin was affected by a temporary equipment outage in our cement network. This quarter, we made progress across our key organic growth investments and kicked off new projects to expand production and improve efficiency.”

Mexico: Cemex has released its third quarter financial results, reporting a 5% rise in net sales and double-digit consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) growth, driven by operational efficiencies and higher prices. The company achieved US$90m in EBITDA savings through Project Cutting Edge and expects to reach its full-year target of US$200m.

During this period, Cemex completed the divestment of its operations in Panama and acquired a majority stake in US-based Couch Aggregates. In Europe, the company remains ahead of the European Cement Association’s 2030 CO₂ emissions target. Third-quarter sales in Mexico were down by 2% year-on-year to US$1.12bn, while EBITDA was up by 16% to US$369m. In the US, sales were down by 2% to US$1.31bn, while EBITDA was up by 4% to US$269m. In the Europe, Middle East and Africa region, sales were up by 11% to US$1.38bn, while EBITDA was up by 23% to US$247m. South, Central America and the Caribbean saw sales up by 6% to US$295m and EBITDA up by 55% to US$64m.

CEO Jaime Muguiro said “Our achievements in the quarter confirm that we are setting a strong foundation to position Cemex as a more focused, agile and high-performing company.”

US: Çimsa has started production at its new grey cement grinding facility in Houston through its subsidiary Cimsa Americas Cement Manufacturing and Sales Corporation, according to Yatirimlar news. The plant has an annual capacity of 600,000t/yr and commanded an investment of US$82m, reportedly making Çimsa the first and only Turkish cement producer with grey cement production operations in the US.

The company, which already operates a 300,000t/yr white cement grinding plant in the country, said the new facility strengthens its position in the US market by adding grey cement production capacity.

CEO Umut Zenar said “Our goal in doing so was to transform Çimsa into a global building materials company with both geographical production diversity and a differentiated product range. During this process, we strengthened our existing operations while continuing our path with international acquisitions and new investments. With the acquisition of the Bunol factory in Valencia, Spain, which we completed in 2021, we became the world's second largest producer in the white cement market. Then, with the Mannok investment we completed in 2024, we strengthened our presence, especially in Ireland and the UK, and accelerated our transformation with the new products we added to our portfolio. Today, we are happy to launch our new investment in the USA. We have been present in the US market for a long time through exports. This new investment, which we have implemented within our US-based company, is a turning point for us. We are no longer a brand that only exports to the USA, but also a player with on-site production power. In this way, we gain logistical advantages and offer much more to our customers. We will be able to provide fast and efficient service. We also aim to increase our sales volume and strengthen our market position with our local manufacturing capabilities in the US. It will also contribute to increasing the share of our foreign currency-based revenues.”