PCA Revises Cement Consumption Forecasts

The Portland Cement Association (PCA) announced that U.S. cement consumption is on track to see 2.7 percent growth in 2016, making a downward revision of a previous annual growth estimate of 4 percent reported earlier this year. The association also revised its 2017 U.S. cement consumption forecast to 3.1 percent growth, from 4.2 percent growth, crediting a combination of post-election political uncertainty, inflation and slower construction activity as negative pressures on the economic horizon.

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Two International Cement Trading Companies Merge

Following the acquisition of Italcementi by HeidelbergCement, HC Trading and Interbulk Trading have merged their operations under the entity of HC Trading B.V. It will provide a unique opportunity to accelerate the growth of the trading arm of the HeidelbergCement Group. The merger will carry the group’s international trading activities – specializing in cement, clinker, coal and petroleum-coke – one step further by expanding the trade network and improving its position in the market to provide better services and more flexibility to its customers and suppliers around the world.

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September Cement Shipments Slip 2.8 Percent

Total shipments of portland and blended cement in the United States and Puerto Rico in September 2016 were about 8.8 million metric tons (Mt), down by 2.8 percent from sales in September 2015, according to the most recent USGS Mineral Industrial Survey.

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LafargeHolcim’s Eric Olsen Elected CSI Chairman

Eric Olsen, CEO of LafargeHolcim, will become the new chairman of the Cement Sustainability Initiative (CSI) in 2017, as confirmed at the organization’s annual CEO Meeting in Madrid.

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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