Skip to main content

North America provides fertile ground for HeidelbergCement in 4Q17

Published by
World Cement,

Sales of cement in HeidelbergCement’s North American business unit ticked up 3.5% in 4Q17 on a like-for-like basis to 4.1 million t. Over the year, cement volumes hit 16.4 million t, a like-for-like increase of 2.5%.

“In North America, the growth in demand for building materials continued, in particular due to the sustained economic recovery and declining unemployment figures,” HeidelbergCement said in its preliminary 4Q17 figures. “Main divers in 2017 were commercial and residential construction.”

Sales volumes of aggregates, ready-mixed concrete and asphalt were also up in the quarter, although down on a like-for-like basis over the full year. Asphalt sales had a particularly positive quarter, rising 13.4% over the quarter to 1.0 million t.

Over the past couple of years, the German-based company has rapidly expanded its North American profile. The acquisition of Italcementi in 2016 expanded HeidelbergCement’s footprint in the Northeast and Midwest US through Italcementi’s Essroc subsidiary. Last year, the company also acquired CEMEX’s building materials business in the Northwest US, as well as the operational assets of Saunders Companies in the Northeast.

Results from current operations before depreciation and amortisation (RCOBD) were up substantially over the quarter (44.5%) and the year (18.9%) to €358 million and €1.16 billion, respectively.

“RCOBD improved significantly, drive by price increases, consistent cost management, the realisation of synergies at Essroc, and the disposal of a depleted quarry in the US in the fourth quarter,” the company said.

The company is also expecting a positive year in 2018 in North America, anticipating stronger economic growth and a further rise in demand for building materials.

Read the article online at:

You might also like


Optimisation 2020

Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


VDZ moves into new premises and reveals company rebrand

The group moved into its new premises at the beginning of September. The move to the new building has been accompanied by a new VDZ brand identity which can be seen for example on the company’s website or various print media.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Cement news 2018