PCA: Cement Demand to Rise Due to Bridges Becoming Chokepoints

Higher volumes of vehicles on the road over the next 25 years is expected to increase cement consumption in the bridge sector, according to a new report from the Portland Cement Association (PCA). The Bridge Market Assessment estimates the U.S. will need as many as 140,000 new bridges by 2040, nearly 60 percent or 81,200 of which will be made using cement.

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LafargeHolcim Reports Continued Growth

In the second quarter of 2017, LafargeHolcim delivered the fifth consecutive quarter of like-for-like Operating EBITDA Adjusted growth. The Middle East Africa, Latin America and North America regions all contributed to earnings momentum with the U.S., Nigeria and Mexico among notable performers. Despite positive results in India – which continued its recovery post-demonetization – the Asia Pacific region was weighed down by persistent challenging market conditions in Indonesia, Malaysia and the Philippines. Earnings in Europe were marginally down for Q2, though underlying trends are positive.

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Argos Cement Shipments Up 15 Percent in First Half of 2017

Cementos Argos, a subsidiary of Grupo Argos, closed the first half of 2017 with positive results and a good macroeconomic outlook in its most relevant markets. Cement shipment volumes reached 8 million tons, growing 15 percent and ready mix shipments were 5.4 million cubic meters, a decrease of 7 percent.

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Italcementi to Appeal Decision in Antitrust Investigation

Italcementi S.p.A., HeidelbergCement`s Italian subsidiary, received notice of a fine decision of the Italian Competition Authority in an antitrust investigation mainly relating to alleged market coordination in the Italian grey cement markets, including concerted price increases. The fine amounts to €84 million ($99.2 million).

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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

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