Cement Shipments Plateau in June

Total shipments of portland and blended cement in the United States and Puerto Rico in June 2018 were about 9.3 million metric tons (Mt), essentially unchanged from shipments in June 2017, according to the most recent USGS Mineral Industry Survey. Shipments for the year through June totaled about 45.9 Mt, up by 2.8 percent from those for the same period in 2017. The leading producing states for portland and blended cement in June 2018 were Texas, Missouri, California, Florida and Michigan, and these accounted for about 41 percent of the country total.

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HeidelbergCement Reports Positive Quarterly Results

HeidelbergCement’s group revenue rose by 4 percent in the second quarter to €4.8 billion ($5.6 billion). Negative currency effects of €226 million ($264 million) had an adverse impact on revenue. Adjusted for currency and consolidation effects, revenue increased by 9 percent due to sales volume growth in all business lines and successful price increases.

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Cementos Argos Revenues Up 1.4 Percent

Cementos Argos released its financial results for the second quarter of 2018. The company saw revenues advance by 1.4 percent to COP 2.184 billion ($723 million) compared to the prior-year period. Operating EBITDA fell by 11.2 percent to COP 328 billion ($108.6 million) in the second quarter compared to the same period in 2017.

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Lehigh Hanson Announces Modernization Project for Indiana Plant

Lehigh Hanson Inc. announced plans for modernization and expansion of its Lehigh Cement Co. plant in Mitchell, Ind. The company will invest more than $600 million in the plant modernization project, which will increase production capacity while also significantly reducing energy usage and emissions per ton of cement produced.

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