Displaying items by tag: US

US: Charah Solutions has been awarded an extension to its contract to provide byproduct sales and material handling operations for Luminant’s Miami Fort Power Plant and Zimmer Power Plant in Ohio. Charah Solutions will continue to manage and market coal combustion products produced by these two units. It currently sells and markets grade Class F fly ash from the two power plants via its materials network to concrete product manufacturers and ready mix concrete producers in the Midwest, Northeast and South regions of the country.

In addition, Charah Solutions will continue all other coal combustion residuals material handling and disposal operations at both locations, including landfill management and byproduct loadout, as well as the operations and maintenance of the plant flue gas desulphurisation (FGD) system at Miami Fort.

US: Nano Graphene has launched a concrete admixture. OG Concrete Admix improves concrete’s water resistance by a factor of four and more than doubles the strength, while significantly reducing cracking.

In GrapheneCA’s promotional material, it mentions a lowered carbon footprint amongst the benefits of its admixture for concrete producers, with less cement being required in the production of concrete using OG Concrete Admix.

US: LafargeHolcim’s plans for a solar power station for its Hagerstown cement plant have stalled, after Washington County denied its contractor Greenbacker Renewable Energy Corp the expected tax break for the project.

A break from personal property tax levied on equipment, of the sort granted to other solar energy projects, would have resulted in taxes of approximately US$1.6m instead of US$2.9m over its 25 years in effect, CommsMEA has reported. The County’s decision hinged on debates over the number of long-term jobs created by the project. Greenbacker previously argued that the long-term job security of LafargeHolcim’s 108 Hagerstown employees was embellished by the move towards improved sustainability and the stabilisation of energy costs.

The motion, proposed by Commissioner Randy Wagner, failed for lack of a second. This followed after a commissioner recused himself from proceedings because, as a financial advisor, he stood to benefit from the project through the investments of his clients.

Ireland: CRH’s revenue for the six months up to 30th June 2019 was Euro13.2bn, up 11% from Euro11.9bn over the same period in 2018, with a 36% increase in EBITDA to Euro1.54bn from Euro1.13bn in the first half of 2018.

In its interim results, CRH attributed increased cement volumes in the US to synergy delivery and strong price realisation in spite of adverse weather conditions in its key markets, noting ‘a strong contribution from our Ash Grove acquisition,’ obtained at the end of June 2018.

A general improvement in cement pricing in the EU28 saw operating profits ahead of the first half of 2018, with increased demand in the French market from non-residential and civil engineering sectors offsetting the effects of reduced residential demand. The UK market reversed this trend, with operating profit behind 2018 due to higher input costs and volume pressure.

In addition to operating profit improvements reported by subsidiary businesses in the Philippines, CRH group benefited from its share in profit after tax of China’s Yatai Building Materials and India’s My Home Industries Limited, both of which enjoyed improved operating profits compared to 2018.

US: The Portland Cement Association (PCA) has appointed Libby Pritchard as Director of Construction Materials Safety & Policy in its PCA Government Affairs team. She will also hold the same position in a joint role at the National Stone, Sand and Gravel Association.

Previously, Pritchard worked as a social scientist at the National Science Foundation (NSF) responsible for writing briefs highlighting NSF-funded projects for dissemination to US Congress and conducting data analyses. She also worked as the Environmental Services & Land Use Coordinator at Wildish Sand & Gravel and was chair of Oregon Concrete & Aggregate Producers Association ESH Committee from 2017 - 2018. Pritchard holds two Masters of Science degrees in the fields of Geography and Water Resources Policy & Management from Oregon State University.

US: Allied Minerals has completed a US$11m upgrade to its Pell City plant in Alabama. The refractories manufacturer has been working on the project since mid-2018. The company originally operated two sites in Alabama at Anniston and Pell City. After it purchased Riverside Refractories in 2017 it decided to focus on the Pell City unit.

Colombia: Argos, the cement company of Grupo Argos, reported a 10.6% increase in revenue during the first half of 2019, driven mainly by higher cement volumes in the US and the start of price recovery in Colombia. Its consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 4%.

The company earned US$1.42m in revenue, with a net profit of US$22m, 33.5% higher than in the first half of 2018. Its EBITDA in the US was US$262.4m. Cement shipments were close to 8Mt, 1.2% higher than in the first half of 2018, and concrete dispatches were 5Mm3, a decrease of 2.5% due to the impact of heavy rains in some regions of the US.

“In the first half of 2019 we continued to strengthen our operation and our presence in the United States with the execution of the BEST 2.0 efficiency plan, which, added to the best price dynamics that we began to see in Colombia, allowed us to compensate the pressure we experienced in energy costs,” said Juan Esteban Calle, CEO of Argos. “The significant progress of our divestment plan in non-strategic assets allows us to continue focusing on improving the competitiveness of the company and innovating in products, services and solutions to support the growth of our customers.”

In the US Argos earned revenues of US$781m, 3.5% higher than in the first half of 2018. Its US EBITDA was stable year-on-year at US$108m. Cement dispatches in the US increased by 6.9% to exceed 3Mt, but concrete dispatches decreased by 3.8%, mainly due to heavy rains in the south-central region. The profit in the US was US$11m.

In Colombia revenues during the first half of 2019 were US$352m, 3.3% higher than in the first half of 2018. EBITDA was US$72m, 4% lower year-on-year. Cement dispatches totaled 2.4Mt, a 2.5% reduction. On the other hand, concrete sales remained stable at 1.4Mm3. The company reported that its Argos ONE digital platform continued to give ‘great’ results. From January 2019 to July 2019, 63% of cement and 44% of concrete dispatches were made through this digital platform.

In the Caribbean and Central America, the company highlighted that operations in the Dominican Republic and Haiti continued to be positive, compensating for the challenging political environment that was evident during the period in Honduras and Panama.

In this region, revenues stood at US$286m, a 4.5% reduction year-on-year. EBITDA in this region came to US$79m dollars, 19.8% lower year-on-year. Cement dispatches were 2.5Mt and concrete dispatches were 194,000m3, 1.5% and 3% lower respectively year-on-year.

Mexico: Cemex has made a series of changes its senior level organisation with changes to the heads of its operations in the US and its South, Central America and the Caribbean region. These personnel changes will come into effect from 1 September 2019.

Jaime Muguiro Dominguez, the current president of Cemex South, Central America and the Caribbean, and managing director and chief executive officer (CEO) of Cemex Latam Holdings (CLH), has been appointed president of Cemex USA. He succeeds Ignacio Madridejos who had held the role since late 2015. Madridejos will leave Cemex to become the CEO of Ferrovial, a Spanish infrastructure development company.

Jesus V Gonzalez Herrera, current Cemex Executive Vice President of Sustainability and Operations Development, has been appointed president of Cemex South, Central America and the Caribbean. In addition, on 6 August 2019, Gonzalez was appointed CEO of CLH by the board of directors of CLH.

Juan Romero Torres, currently the Executive Vice President of Global Commercial Development, has been appointed Executive Vice President of Sustainability, Commercial and Operations Development. This new role combines Romero’s current responsibilities with those of the Executive Vice Presidency of Sustainability and Operations Development, which include the Health & Safety, Operations and Technology, Energy, Procurement, Sustainability and Research & Development areas.

US: The Portland Cement Association (PCA) has made appointments to its executive teams in Government Affairs, Communications and Finance.

Sean O’Neill has been appointed as the Senior Vice President of Government Affairs. He joins the PCA from the Associated General Conwtractors of America as Vice President of Congressional Relations/Infrastructure Advancement. Previously he served as Director of Government Affairs at the International Association of Fire Fighters, Special Assistant to Secretary Elaine Chao and Chief of Staff for Congressman John Sweeney.

Nick Ferrari has been appointed Senior Vice President of Communications and Media Relations. He was previously Director of Publishing and Content Development at the American Society of Mechanical Engineers. He was also the chief executive officer (CEO) of Erdos and Morgan, a marketing and media research company and Executive Vice President at American Business Media. He has also held senior positions at Crain Communications.

Debra Adlis has been appointed as the chief financial officer (CFO). She will serve as treasurer and CFO for PCA, while also serving as Executive Vice President of Finance for the National Ready Mix Concrete Association. Adlis has led non-profit finance teams at the National Foundation for Credit Counseling, the Immune Deficiency Foundation and the Baltimore Symphony Orchestra. Previous to those roles Adlis worked with the National Hospice and Palliative Care Organization and the National Association of Real Estate Investment Trusts.

Italy: Buzzi Unicem sales revenue grew by 13.6% year-on-year to Euro1.52bn in the first half of 2019 from Euro$1.34bn in the same period in 2019. Its net profit rose by 27% to Euro135m from Euro123m. Its cement sales volumes increased by 7.1% to 13.9Mt from 12.9Mt but ready-mixed concrete sales fell slightly to 5.8Mm³.

The building materials producer said that ‘lively’ activity levels in the US had driven its sales so far in 2019. This was mainly caused by falling imports in the face of weak domestic demand and ‘considerable production and logistical difficulties’ in June 2019 caused by flooding of the Mississippi river. A slight recovery in Italy was also noted with growing cement sales volumes and strengthening prices. Elsewhere, growth was recorded in most territories apart from Luxembourg, the Czech Republic and Slovakia.