Cement Newsline

Manager will represent the industry in the codes and standards development process for organizations like the International Code Council. Find out who is in charge. Read more.
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Features

By Mike Wilson, Carlos Schleske and Markus Lackman While manual cement-packaging operations remain very common, more and more producers of cement,...
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Cement Products

The new SKF TKTL 40 portable infrared thermometer enables safe and efficient measurement of machine temperature at a distance. The device is the only infrared thermometer in its class with the capability to take photos and videos showing the temperatures measured, allowing maintenance technicians...
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Latest Cement News

Ottawa’s Competition Bureau said July 7 that it will look into the $40-billion merger between Lafarge SA and Holcim Ltd., both of which have extensive operations in Canada, reports the Montreal Gazette. The newspaper quotes Competition Bureau spokeswoman Mélanie Beauchesne as stating in an email that...
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Cement Shoptalk

Brazil’s antitrust regulator, the Administrative Council for Economic Defense (Cade), ruled an order including fines against six Brazilian cement producers for a total of $1.4 billion (BRL 3.1 million) as part of a cartel case. 
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Eagle Materials Sees Record Cement Volumes

Eagle Materials Inc. reported financial results for the first quarter of fiscal 2014 ended June 30, 2013. Notable items for the quarter include revenues of $227.0 million, up 47 percent from prior-year, and record quarterly cement sales volumes of 1.2 million tons.

First quarter earnings before interest and income taxes increased 109 percent, reflecting improved sales volumes and net sales prices across all heritage businesses as compared to the prior year’s first quarter and the acquisition of assets, consisting primarily of two cement plants in Oklahoma and Missouri and related aggregates and ready-mix businesses in Kansas City (the Acquired Assets) in Nov. 2012.

Operating earnings from cement for the first quarter were $19.0 million, a 93 percent increase from the same quarter a year ago. The earnings increase was driven by increased sales volumes and average net cement sales prices partially offset by a slight increase in operating costs.

Cement revenues for the first quarter, including joint venture and intersegment revenues, totaled $117.7 million, 55 percent greater than the same quarter last year. The revenue improvement reflects a 46 percent increase in first quarter cement sales volume, including sales volume attributable to the Acquired Assets. The average net sales price for this quarter was $86.15 per ton, 6 percent greater than the same quarter last year.