The fourth wettest quarter in 123 years in Texas provided a challenging backdrop for Martin Marietta’s cement business.
HeidelbergCement saw cement and clinker sales up 2% in 3Q17 on positive reports from all geographies except North and East Europe and Central Asia.
The additional business acquired with the Fairborn cement plant last year saw Eagle Materials’ cement business achieve record earnings in 3Q17, despite weather-related disruption in its other markets.
Titan Group faced extreme weather in the US and challenging markets elsewhere in 3Q17, but remains positive over the year to date on US growth.
Three Buzzi Unicem USA plants have retained their ENERGY STAR certification for the ninth consecutive year.
Holcim Philippines has reiterated its commitment to expanding in Davao plant in the Philippines, despite the challenging market conditions in the company.
Summit Materials has increased CAPEX guidance for 2017, partly on growing investment in organic growth opportunities.
Earnings in Summit Materials cement business jumped by almost a fifth in 3Q17 on higher cement sales volumes and price improvement.
LafargeHolcim reported a solid rise in like-for-like cement sales in 3Q17, while earnings benefitted from growth in the Americas and Europe.
CRH’s takeover of Ash Grove Cement gained shareholder approval, after a rival bid from Summit Materials failed to materialise.