PCA Energy and Environment Awards

The Roanoke Cement Co. Troutville cement plant in Troutville, Va., received the Overall Environmental Excellence Award from the Portland Cement Association (PCA) and Cement Americas magazine as part of the 2014 Cement Industry Energy and Environment...

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Cement Scope

FLSmidth obtained an order from OHL Industrial for engineering, procurement and supply of equipment for a cement plant with a capacity of 3,150 tons per...
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Cement Shoptalk

Established in 1999 and located in the port of Antwerp, Belgium, Diamur is a producer of cement mortars. With a capacity of about 700,000 metric tpy, the plant produces products in bulk silos and 25-kg bags. It has become a leading producer by developing a reputation for quality and user-friendly...
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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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2017 Cement Directory

NACD
 

Completely updated, the new 2017 North American Cement Directory. Currently available for ordering exclusively from Cement Americas. Order Now