US cement news

US demand for cement grew in 2016 and will continue to be a bright spot for the industry in 2017.

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 Software has been chosen as part as the German delegation for the GACC.

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.

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 production capacity is sufficient to meet any rise in demand driven by infrastructure revitalisation, according to the Portland Cement Association.

US cement maker, Martin Marietta, reported a positive end to the year, with cement shipments up, despite headwinds in Texas. Its cement business also reported higher gross profit for the year.

A strong dollar makes up for falling sales in the USA, while a weak peso dents revenues, despite high sales volumes.

New Enterprise Stone and Lime has announced two new acquisitions.

Cemex and Eagle have finalised the sale of Fairborn Cement plant.