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

ASD Series Current Sensing Switches feature a single turn potentiometer, allowing the trip point to be set before the sensor is installed or before the monitored circuit is energized. In conjunction, the ASD features an LED display for quick visual indication of where the contact changes, making...
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Latest Cement News

Total shipments of portland and blended cement in the United States and Puerto Rico in June 2014 were 8.3 million metric tons (Mt), up by almost 11 percent from the level in June 2013. Shipments for the year through June were 39.5 Mt, up by about 7 percent from the same period in 2013.
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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.