Displaying items by tag: Texas

US: SRM Concrete has completed its acquisition of 24 former Argos USA ready-mix concrete plants in Dallas, Texas. No issues were reported by the regulators, according to Agencia CMA. The purchase, valued at US$180m, was announced in May 2021.

US: Colombia-based Grupo Argos subsidiary Cementos Argos has agreed to sell its 24 ready-mix concrete plants in Dallas, Texas, to SRM Concrete. The Diario Financiero newspaper has reported the value of the deal as US$180m. Cementos Argos called the sale an ‘important milestone’ in the fulfilment of its non-strategic asset divestment plan.

US: The Texas Commission on Environmental Quality has approved a request by Holcim US to use more petcoke at its integrated Midlothian plant. Local health and environmental campaigners had hoped to challenge the decision at a meeting in late March 2021, according to the Fort Worth Star-Telegram newspaper. The changes will enable the company, part of Switzerland-based LafargeHolcim, to more than double the plant’s carbon monoxide (CO) emissions to 7000t/yr. 35 local residents submitted requests for a hearing to query the application. Holcim US was identified from state data as the leading emitter of industrial pollutants in North Texas in 2019.

Mexico: Nearly 500 cement and concrete plants in the northern Mexican states of Chihuahua, Coahuila, Nuevo León and Sonora have partly or fully suspended production due to an on-going regional shortage of natural gas. The El Financiero newspaper reports that plants run by Grupo Cementos Chihuahua (GCC), Cemex, Holcim and Cruz Azul operate in this region.

GCC said that a lack of electricity and natural gas had affected production at three of its plants in Chihuahua, Samalayuca and Juárez. Mexican Association of the Ready-mix Concrete Industry (AMIC) president Ana Laura Burciaga said that the situation has caused a 50% drop in the cement supply to concrete plants.

The cause of the shortage is reported to be the suspension of natural gas exports from Texas, US. Mexican steel and automotive manufacturers have also been affected.

US: Martin Marietta’s total revenue remained stable at US$4.73bn in 2020. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 11% year-on-year to US$1.39bn from US$1.25bn in 2019. Cement shipments rose by 11.7% year-on-year to 1.1Mt in fourth-quarter of 2020 due to strong demand in Texas.

“As we move forward, we believe underlying demand fundamentals will reset, establishing 2021 as the year during which the nation regains its economic footing,” said Ward Nye, the chairman and chief executive officer (CEO) of Martin Marietta. He added, “We anticipate single-family housing growth, expanded infrastructure investment and notable heavy industrial projects of scale will support the company’s near-term shipment levels. We expect these demand drivers, combined with the ancillary construction necessary for housing community buildouts and the potential increased infrastructure investment from a comprehensive Federal surface transportation package, should provide for multi-year growth in product demand,”

US: Cemex USA has acquired Beck Readymix Concrete. The ready-mix producer operates three concrete plants in San Antonio, Texas and an additional portable plant.

Texas Regional President Scott Ducoff said, “Texas is experiencing explosive growth and Cemex has repeatedly shown it is ready to make moves to help fuel it. By acquiring these facilities, Cemex will be able to deliver our high-quality products that many Texans are already familiar with to satisfy the high demand of customers of one of the state’s most dynamic markets. We welcome our new employees and look forward to a smooth transition for them.”

US: Cemex USA has delivered grants via the Cemex Foundation to over 80 non-profit organisations so far in 2020 as part of its coronavirus relief efforts. The funds donated by Cemex USA employees have provided more than a quarter million meals to those facing food insecurity and overall have positively impacted more than 200,000 people in California, Nevada, Arizona, Colorado, Texas, Alabama, Tennessee, Pennsylvania, Georgia and Florida. The initiative also supplied more than 20,000 pieces of personal protective equipment (PPE) for medical staff and first responders.

“Covid-19 has created far-reaching impacts and unparalleled challenges, prompting thousands of families to request additional support for food and shelter while they continuously worry about the health and safety of themselves and their loved ones. At Cemex USA, we wanted to help our neighbours and communities during this unprecedented time,” said Cemex USA president Jaime Muguiro. “The help provided by non-profits right now is critical, and we are proud to be able to deliver significant support for their initiatives that are making a difference in our communities.”

Organisations that have benefited from the grants include: United Way of Central Alabama (UWCA) in Birmingham, Alabama; Feeding South Florida in Florida; Feed the Frontline Houston in Houston, Texas; Lyons Emergency Assistance Fund (LEAF) in Lyons, Colorado; House of Refuge in South Mesa, Arizona; and Heart of Los Angeles Youth (HOLA) in Los Angeles, California.

US: The Department of Energy has granted Cemex funding to “research and develop innovative carbon capture technology” at its Balcones, Texas cement plant. The company says that this will partly fund an 18-month feasibility study of partner company Membrane Technology & Research’s membrane carbon capture product at the plant. It says that, if successful, the study will be “an important advancement towards Cemex’s ambition to deliver net-zero carbon dioxide (CO₂) concrete globally by 2050.”

USA president Jaime Muguiro said, “At Cemex, sustainability is embedded in our operations and we are consistently looking for opportunities to reduce our carbon footprint. We strive to develop and gradually adapt new technology which will help us achieve our ambition to deliver net-zero CO₂ concrete to all of our customers. With this grant, we will be able to leverage our expertise to define the feasibility of implementing the membrane carbon capture technology in a cost-effective manner.”

Membrane Technology & Research has supplied membrane-based separation systems to the petrochemical, natural gas, and refining industries since 1992. Vice President of Technology Tim Merkel said, “Cement plant emissions are a good target for the CO2 capture membrane technology that we’ve been developing with Department of Energy support.” He added, “We look forward to working with Cemex on this exciting project to confirm that our technology can capture cement plant emissions at a minimal cost.”

US: The Portland Cement Association has announced the winners of the Energy Environment Awards 2020. Cementos Argos’ 1.1Mt/yr Harleyville, South Carolina cement plant won the Energy Efficiency Award “by reducing kiln specific heat consumption and increasing the utilisation of the new vertical cement mill,” while CRH subsidiary Ash Grove Cement’s 1.0Mt/yr Midlothian cement plant won the Environmental Performance Award for “operating a whole-tyre burning system utilising a first-in-the-US hot disk system supplied with whole tyres from a nearby tyre recycling company.” Other winners were GCC’s 0.9Mt/yr Odessa, Texas cement plant for Innovation, LafargeHolcim’s 2.2Mt/yr Holly Hill, South Carolina plant for Land Stewardship, Titan Cement's Roanoke Cement Troutville plant for Outreach and HeidelbergCement subsidiary Lehigh Hanson’s 3.2Mt/yr Union Bridge, Maryland plant for Overall Environmental Excellence.

PCA president and chief executive officer (CEO) Michael Ireland said, “America’s cement manufacturers continue to focus on researching and developing new and innovative ways to reduce environmental footprint. The companies receiving these awards are great examples of our industry’s commitment to sustainability and energy efficiency.”

US: Argonaut Private Equity has acquired a well cement business following the bankruptcy of Texas-based BJ Services. The purchase retains 260 employees and procures company assets and equipment, including bulk plants and technical labs located in the field. No fracturing assets were acquired in the acquisition. It has rebranded the business as American Cementing.

“The addition of American Cementing to the Argonaut Private Equity portfolio combines our expertise in efficient operations management with our experience in the oil and gas industry,” said Steve Mitchell, Argonaut’s chief executive officer (CEO).

American Cementing services include laboratory testing, blending at the bulk plant and mixing and pumping operations at the wellsite. Additionally, the company offers acidising services and products that are intended to enhance production and remove well-bore damage to preserve well lifetime.