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cement

Votorantim Cimentos ended the first quarter of 2022 with consolidated net revenue of R$4.9 billion, an increase of 22% compared to the same period last year. This was primarily due to favorable price dynamics in Brazil, North America, Europe, Asia and Africa, in addition to the positive effect of new sales volumes resulting from acquisitions made by the company during 2021.
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HeidelbergCement has acquired six ready-mixed concrete plants and one sandpit via its Czech subsidiary Českomoravský beton, a.s. from Kámen Zbraslav, a.s. in the Moravia region in the Eastern part of the Czech Republic. All plants have a well-established residential and commercial customer base around the city of Brno, with a high demand for sustainable building solutions.
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Argos is committed to continuing its efforts to deliver outstanding solutions and sustainable products to its customers. Resulting from this determination, the cement company is announcing its new EcoStrong PLC brand. EcoStrong PLC is a high-quality blended hydraulic cement used in sustainable building practices that can reduce carbon emissions by up to 10%. EcoStrong PLC exhibits Argos’ passion for developing strong solutions to build a more sustainable world together.
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HeidelbergCement announced on April 4th that its North American subsidiary Lehigh Hanson, Inc. has acquired all assets of Meriwether Ready Mix, a leading producer of ready-mixed concrete with a well-established residential and commercial customer base in the Metro Atlanta area. The Metro Atlanta Area is a growing market with significant infrastructure projects planned in the...
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Consolidated net revenue totaled R$22.3 billion in 2021, an increase of 33%. Adjusted EBITDA was R$5.2 billion, up 37% over the previous year. EBITDA margin was 24%, 1 percentage point higher than in 2020. Leverage, measured by the net debt/adjusted EBITDA ratio, dropped from 1.95x to 1.55x, the best level in the last ten years....
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▪ The dividend declared is $281.2 per share, 37 % higher than in 2021, and will be paid in cash in four quarterly installments starting in April of this year. ▪ On a consolidated basis, Argos achieved in 2021 the best results in its history taking into consideration all business’ dimensions. ▪ At the end...
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All key figures in the 2021 business year improved – Group revenue +8%; result from current operations before depreciation and amortisation (RCOBD) +6%; result from current operations (RCO) +12% 1) Successful price increases and good fixed cost management – basis for strong Q4 results Excellent return on invested capital – ROIC increases to 9.3%  Strong...
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 Argos achieved an annual consolidated EBITDA of 2.16 billion Colombian pesos, the highest result in its history.  The company reported an 18.3%** increase in consolidated cement volumes and a 2.7%** increase in consolidated ready-mix volumes at the end of the year.  The net debt to EBITDA plus dividends ratio closed at 2.87...
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CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced strong results for the full year 2021 with double-digit EBITDA growth, the highest in more than a decade, coupled with a double-digit increase in sales driven by higher volumes and robust pricing in all core products in all regions. EBITDA margin increased 0.8 percentage points in the year, despite headwinds in energy and import costs. CO2 emissions declined 4.4 percentage points, the largest annual decline the company has ever achieved.
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Argos Cement facility in Roberta, AL, will convert to produce 100 % PLC by end of the second quarter 2022. As part of the conversion to products with lower CO2 content, Wilmington, Statesville, and Durham, NC, terminals will also convert to 100 % PLC by the end of the second quarter 2022
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