Cement Newsline

Coeymans, N.Y., officials have postponed a vote on a proposed local air-pollution law that could bar LafargeHolcim’s Ravena cement plant from burning scrap tires as fuel, reported the Albany Times Union. A vote by the town board was scheduled for Jan. 10 but now the town is considering to send the...
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The Promising Application of Vortex Layer Devices with Ferromagnetic Elements for Cement Improvement. By Frank May
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Cement Products

The MX-20MT mixer/pump from Blastcrete Equipment LLC gives contractors a high-output, easy-to-use unit for superb productivity on shotcrete and refractory work in a variety of applications, including cement. The machine provides twice the output of the company’s popular MX-10 mixer/pump yet has...
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TXI’s 2nd-Quarter Loss Narrows as Cement Sales Go Up

Texas Industries Inc.’s (TXI) fiscal second-quarter loss narrowed as the company’s cement sales and margins continued to strengthen. Sales at the cement segment, the company’s biggest by revenue, rose 20 percent as the division swung to an operating profit. Total sales at the consumer products business slipped 9 percent.

When the quarter ended Nov. 30, TXI reported a loss of $11.1 million, or 40 cents a share, compared with a year-earlier loss of $21 million, or 75 cents a share. The latest period included a charge for stock-based compensation of 5 cents a share, while the year-ago period included a restructuring-related charge of 11 cents a share and income from stock-based compensation of 6 cents a share. Revenue climbed 15 percent to $167.7 million.

The company, which sells cement and other building materials mainly in Texas and California, has struggled to compete against more geographically diversified peers. Soft demand prompted Texas Industries to unveil a series of cost cuts in 2011 that increased efficiency but reduced its workforce. However, the company has reported improvement in its cement segment and stronger margins in recent quarters.

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