Features

Cement Sustainability Initiative Backs Responsible Sourcing Scheme for Concrete. By Mark S. Kuhar Industry representatives from both the cement and...
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Cement Products

SyncView software is a real-time visual factory information system that provides everyone – from operations to the extended supply chain and from the shop floor to the top floor – with a dynamic view of what is happening at every stage of the manufacturing process.
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Latest Cement News

Cemex has completed 640 apartment residences in Montería, Colombia, as part of an urbanization project being undertaken by the company in collaboration with the Colombian government. The full project comprises of 3,000 apartments divided into 96 four-story towers, each with recreational and green...
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Cement Scope

Dangote Cement Plc, one of Africa’s biggest producer of building materials and Nigeria’s largest company, is looking at expanding in three South...
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Cement Shoptalk

Established in 1999 and located in the port of Antwerp, Belgium, Diamur is a producer of cement mortars. With a capacity of about 700,000 metric tpy, the plant produces products in bulk silos and 25-kg bags. It has become a leading producer by developing a reputation for quality and user-friendly...
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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.

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