Argos Reports Nearly 11% Revenue Jump in First Half 2019

Cementos Argos, a subsidiary of Grupo Argos, reported a 10.6% increase in revenue during the first half of 2019, a positive reflection of its BEST 2.0 efficiency plan, the company stated. The company earned a net profit of $22 million for the period, a 33.5% increase compared to the first half of 2018. 

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LafargeHolcim, Solidia Announce Low-Carbon Cement Commercial Expansion

A LafargeHolcim and Solidia Technologies venture will supply EP Henry’s Wrightstown, N.J., paver and block plant with a reduced carbon dioxide cement. The agreement stems from a six-year effort by the companies to bring to commercial scale an innovative technology that reduces embodied CO2 in manufactured concrete by up to 70% versus conventional methods. 

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May Cement Shipments Drop Slightly

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in May 2019 were 9.3 million metric tons (Mt), a slight decrease from shipments in May 2018, according to the most recent USGS Mineral Industry Survey. Shipments for the year through May totaled 37.4 Mt, an increase of 2.5% from those for the same period in 2018. 

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