Cemex Generates Highest Net Income in Decade

Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 4 percent during the fourth quarter of 2017 to $3.4 billion, and increased 3 percent for the full-year 2017 to $13.7 billion versus the comparable periods in 2016. Operating EBITDA on a like-to-like basis decreased by…

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Cement Shipments Up 4.2 Percent in November

Total shipments of portland and blended cement in the United States and Puerto Rico in November 2017 were about 8.2 million metric tons (Mt), up by 4.2 percent from shipments in November 2016, according to the most recent USGS Mineral Industry Survey. The leading producing states for portland and blended cement in November 2017 were Texas, Missouri, California, Florida and…

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WCA Responds to GCCA Launch

The World Cement Association (WCA) released the following statement after the launch of the new Global Cement & Concrete Association (GCCA) – founded by nine industry-leading companies, including Cemex, LafargeHolcim and HeidelbergCement. “The World Cement Association welcomes GCCA as an important initiative to help promote sustainable use of cement and concrete. This was one of the reasons why WCA was…

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PCA Supports Call for $1.5T Infrastructure Plan

The Portland Cement Association (PCA) lauded President Donald Trump’s call for $1.5 trillion to be invested in revitalizing the nation’s infrastructure, and urged Congress to take swift legislative action to fully fund and sustain projects now and into the future. Cement is the core ingredient in concrete, which helps make American highways, bridges, runways, water systems and river networks safer,…

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