Votorantim Cimentos’ North American Revenue Up 12%

Votorantim Cimentos ended the second quarter of 2023 with R$470 million net profit, a 28% increase compared to R$366 million in the same period last year. The company’s global net revenue in the quarter was R$6.9 billion, an increase of 3% compared to the prior-year period, primarily due to the volume added by the recently acquired Malaga plant in Spain. 

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Cement Shipments Grow in May

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in May 2023 were an estimated 10.1 million metric tons (Mt), a 4.3% increase from shipments in May 2022, according to the most recent USGS Mineral Industry Survey. Of total blended tonnage reported in May, 4.1 Mt (96%) was estimated to be portland-limestone cement (Type…

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Ardex Americas Banks On Pneumatic Conveying Line

Ardex Americas, a supplier of engineered cements, adhesives and high-performance building products, encountered wear problems at the elbows of its pneumatic conveying lines handling sand at its Dallas, Ga. plant.  The lines transfer materials between bulk handling trucks, eight silos, and batch-weighing and blending operations. Six of the silos hold cement, limestone and plaster. “Those materials are not very abrasive…

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Eagle Materials Establishes New Financial Milestones

Eagle Materials reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%.

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