US cement news
US construction spending falls in January
US construction spending fall 1% in January as public construction saw its largest fall since March 2002.
LafargeHolcim reports positive earnings in 2016
The world’s largest cement maker, LafargeHolcim, has announced a 12.9% rise in earnings in 2016, despite weaker volumes.
Vicat cement sales volumes jump 10.5%
Vicat’s reported strong growth in cement sales on the back of a return to growth in its French and Egyptian businesses, and improvements in the US.
CRH profits soar 69% in 2016
CRH has reported a jump in pre-tax profits in 2016 on positive market trends and the integration of past acquisitions into its results.
US will be a bright spot for cement demand in 2017
US demand for cement grew in 2016 and will continue to be a bright spot for the industry in 2017.
Argos reports lower cement volumes
Argos reported a fall in cement volumes in both 4Q16 and 2016 as a whole, as weakness in Colombia offset strength elsewhere. Full-year earnings rose, however, by 8.7% to COP1.65 trillion.
Inform chosen as part of German delegation
Inform Software has been chosen as part as the German delegation for the GACC.
Summit’s cement business revenues jump in 2016
Summit Material’s cement business revenues jumped by 49.3% in 2016, following the purchase of the Davenport cement plant in 2015 and rising US demand for the building material.
Slag cement shipments up 12% in 2016
US shipments of slag cement were up 12% year on year in 2016 on growing appreciation of its benefits within the concrete sector.
US cement capacity sufficient to meet demand
US cement production capacity is sufficient to meet any rise in demand driven by infrastructure revitalisation, according to the Portland Cement Association.