Editorial

Our feature on page 20 outlines the battle taking place out West between Sierra Club California and California’s cement producers.
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Cement Newsline

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in February 2019 were 5.7 million metric tons (Mt), a slight decrease from shipments in February 2018, according to the most recent USGS Mineral Industry Survey. Shipments for the year through...
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Features

Ultracem of Colombia Anticipated a Need for Doubling Capacity and the Gamble Paid Off. By Mark S. Kuhar
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Latest Digital Edition

Cement Products

Camfil APC rolled out Gold Cone X-Flo (GCX) Filter Cartridge for high-efficiency industrial dust collection. Building on the proven performance of HemiPleat Gold Cone technology, GCX filters stay cleaner and last longer than conventional pleated filters, noted the manufacturer.
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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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