Cement Newsline

Members from Cemex USA’s management team, along with other global executives, were in Atlanta for a session of IGNITE 2018: Spark Innovation, an initiative to develop leaders who embrace new ways of thinking, learning and working, while helping them achieve greater success as industry evolves with...
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Infrastructure The Portland Cement Association (PCA) issued the following statement in response to publication of the American Council for Capital...
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Cement Products

Babcock & Wilcox’s (B&W) electrostatic precipitator (ESP) technologies deliver maximum particulate removal efficiency with proven reliability and reduced operating and maintenance costs. Engineered upgrades, quality components and replacement parts, and aftermarket services help keep existing ESPs...
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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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