
Displaying items by tag: US
Summit Materials raises 2019 profit by 74% year-on-year
06 February 2020US: Summit Materials recorded a profit of US$59.1m in 2019, up by 74% from US$33.9m in 2018. Summit Materials’ CEO Tom Hill attributed the growth to ‘sustained public sector demand coupled with improved pricing.’ The Colorado-based construction materials company’s cement section contributed sales growth of 3.5% year-on-year to US$291m from US$281m in 2018, with a 2.8% in cement volumes and a 1.7% price increase.
PCA forecasts 1.7% growth in US cement demand in 2020
05 February 2020US: On 4 February 2020, PCA Senior Vice President and Chief Economist Ed Sullivan predicted that US cement demand would rise by 1.7% in 2020 and may rise by as much as 2.7% if residential construction exceeds expectations. Sullivan stated that demand would maintain moderate growth through at least to 2022. “As long as the economy continues to grow and create jobs, the economy will remain on solid ground and continue to support cyclical portions of the cement market,” he said.
National Gypsum launches Permabase cement board
05 February 2020US: National Gypsum has launched Permabase WP Waterproof Cement Board, a 1.3cm-thick cement board with a waterproof core, reinforced edge and smoother surface and stronger tile bond than previous Permabase boards for mould and moisture resistance and ease of cutting and installation. National Gypsum product manager for Permabase Tony Fuller said that “National Gypsum is committed to creating innovative products with performance benefits” for construction.
PCA launches ‘Shaped by Concrete’ educational campaign
05 February 2020US: The Portland Cement Association (PCA) has launched a campaign called ‘Shaped by Concrete,’ which aims to teach people about how concrete made with cement ‘shapes the world to make our communities, city and country better’ by telling stories based on the themes of ‘sustainability, resilience and durability.’ “We are excited to share bold, compelling stories of how we can make the world a better place, shaped by concrete,” said PCA president and CEO Mike Ireland.
National Cement breaks ground on upgrade to Ragland plant
31 January 2020US: National Cement has broken ground on its US$250m upgrade to the Ragland plant in Alabama. City, county and state officials attended the ceremony, according to WBRC. The subsidiary of France’s Vicat is building a second kiln at its 1.9Mt/yr plant in Alabama. The project is expected to be completed in 2022.
RHI Magnesita acquires Missouri Refractories
31 January 2020US: RHI Magnesita has acquired Missouri Refractories for an undisclosed sum. The refractory producer operates a plant at Pevely, Missouri. It produces over 400 high-quality monolithic mixes, which serve industries, including cement, lime, steel and glass.
“With its more than 45 years of experience in fulfilling the needs of demanding, highly loyal and satisfied customers, Missouri Refractories perfectly fits into RHI Magnesita’s strategy to strengthen our position in the North American refractory market,” said Stefan Borgas, chief executive officer (CEO) of RHI Magnesita.
Schust appoints Daniel Locke as Director of Business Development – Industrial Minerals
29 January 2020US: Schust, a member of the Scheuch Group, has appointed Daniel Locke as Director of Business Development – Industrial Minerals, where he will support Schust’s North American cement producer customers. Locke has nearly five years of sales and technical experience in the industrial minerals and energy industries. He holds a Bachelor of Science in Business Administration from the University of Southern Mississippi.
Schust provides turnkey industrial ventilation systems. It is part of Scheuch Group via Scheuch North America.
Jon K Tabor to retire from Allied Mineral Products
29 January 2020US: Jon K Tabor, the Chairman Emeritus of Allied Mineral Products, is to retire at the end of March 2020. He celebrates 50 years with Allied on 16 February 2020. He will remain on Allied’s board of directors following his retirement.
Tabor started a 65-year career in the refractories industry in 1955 when he started working for Norton Company (Saint-Gobain), in Worcester, Massachusetts. He joined Allied as Sales Manager in 1970, when Allied was a small company. Tabor helped transform Allied from a two-man partnership into a multi-national corporation with almost 1000 employees in 25 countries, and manufacturing facilities in eight countries and four US states. His Allied career has included the roles of Sales Manager, Vice President of Sales, President, chief executive officer (CEO), Chairman, and most recently, Chairman Emeritus. Notably, he led the transformation of Allied to an employee owned (ESOP) company in 1986.
Tabor attended the United States Merchant Marine Academy, served in the US Army and Army Reserves; graduated from Alfred University in 1955 and earned an MBA from Northeastern University in 1962.
Cemex may reopen Wampum plant
23 January 2020US: Residents of Shenango, Pennsylvania attended a public hearing regarding Cemex USA’s plan to begin limestone mining at a 593 acre site in the township. New Castle News has reported that the proposal is part of a planned reopening of the company’s 0.9Mt/yr integrated Wampum plant, decommissioned in 2010 after 136 years’ operation, located nearby in Lawrence County. Cemex USA director of cement resources Mark Davies said that Cemex has plans that would generate ‘as much as US$109m’ for Lawrence County and Pennsylvania. Cemex’s legal staff advised residents that 100 new jobs and at least US$100m was at stake.
Carol Jackson begins presidency of World Refractory Association
15 January 2020Belgium: Carol Jackson, the chairman and chief executive officer (CEO) of HarbisonWalker International (HWI), has started a two-year term as president of the World Refractory Association (WRA). She suceeded Stefan Borgas, the CEO RHI Magnesita, who led the organisation since January 2018.
Jackson, aged 47 years, became CEO of HWI in 2017 following three years as its Senior Vice President and General Manager. She has spent over 20 years of her career in the paint, coatings, chemicals, glass, ceramic materials, and specialty steel industries, serving automotive, industrial, consumer, and construction markets. Before joining HWI in 2014, she served as Vice President of the bar, wire, and strip business units of Carpenter Technology Corporation. She also held various roles at PPG Industries, where she rose to became Director of Global Raw Materials Purchasing.
Jackson is a licensed attorney in Pennsylvania, US and she holds a Juris Doctorate from the University of Pittsburgh and a master’s degree from Carnegie Mellon University, Tepper School of Business. She earned her undergraduate degree from Duquesne University.