GCC Reports Strong First Half of 2021

Cement and concrete producer GCC announced positive results for the second quarter of 2021. Consolidated net sales increased 18.1% to $286.7 million, while EBITDA increased 18.6% to $97 million, with a 33.8% EBITDA margin. “GCC is off to an excellent first half of the year, we are very pleased with the results delivered – increasing top and bottom-line growth and…

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Lafarge Supplies First ECOPact Zero Concrete in Eastern Canada

The Lafarge Kingston, Ontario, plant produced and delivered the first ECOPact Zero concrete in Eastern Canada in late July. The milestone also marked the first time utilizing ECOPlanet cement in the mix. As part of Holcim’s “Houses of Tomorrow” initiative, which aims to provide innovative cement-based materials with a near-zero carbon footprint, Lafarge is donating the ECOPact Zero concrete for…

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Flexicon Expands World Headquarters

Flexicon Corp. has expanded manufacturing space at its headquarters in Bethlehem, Pa., by 50,000 sq. ft. to meet increased demand for its bulk handling equipment and systems, said David Boger, executive vice president of Flexicon. The new space is slated primarily for warehousing of sub-assemblies, crating, and staging of assembled equipment. This includes stocking of Quick-Ship models of flexible screw…

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Cementos Argos Highlighted in Sustainability Index

Colombian cement company Cementos Argos is once again highlighted in the FTSE4 Good Sustainability Index for its solid environmental, social and governance (ESG) practices. This year Argos is the only Colombian company to achieve an outstanding listing in the construction materials category. “We are very excited about being included in the FTSE4Good, because it recognizes the importance of sustainability management…

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PCA: Cement Consumption Continues to Climb

The Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan presented the association’s annual summer cement market outlook, predicting an increase in cement consumption over the next four years. Cement consumption through June 2021 increased 7.4%, said Sullivan during a webinar presentation of the outlook. However, he noted that as residential construction strength has…

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CEMEX Ventures Invests in Carbon Clean

CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, is the newest investor of Carbon Clean. The carbon capture tech company recently raised $8 million from CEMEX Ventures and its existing investors, bringing total capital raised in the last year to $30 million. The investment is part of CEMEX’s strategy to achieve its new ambitious climate action goals, including…

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