RHI Magnesita announced completion of the acquisition of the US-based Resco Group, from an affiliate of Balmoral Funds LLC, North America. Resco has been in the refractory industry for over 75 years including steel and cements and operates 11 facilities…
In the first 10 months in 2024, Canada’s cement exports to the USA declined by -1.9% to 3.688 Mt, after 3.758 Mt in the same period last year. From 2025 on they are higher taxed.
In the first 10 months in 2024, the USA’s cement imports of Portland, blended and masonry cement declined by -3.7% to 16.958 Mt, after 17.604 Mt in the same period last year.
In the first 10 months in 2024, the USA’s cement dispatch of Portland, blended and masonry cement declined by -5.2% to 73.146 Mt, after 77.154 Mt in the same period last year.
Titan America has filed a registration statement with the US Securities and Exchange Commission (“SEC”) for a proposed Initial Public Offering (“IPO”). The company, which is part of Titan Cement International and achieves $1.6 bn sales (Photo: Roanoke cement plant),…
Low-carbon cement startup Brimstone announced that their US$ 189m award by the US Department of Energy (DOE) is under contract. The Brimstone process for making cement could be revolutionary, because it is almost CO2 free. Instead of limestone and the…
US’s Summit Materials, Inc. announced it has entered into a definitive agreement to be acquired by Quikrete Holdings, Inc. for US$ 52.50 per share in cash, for a total enterprise value of approximately US$11.5 billion, including debt. The transaction combines…
In the first 7 months of 2024, the US cement imports declined by -0.5% to 11.499 Mt. after 11.558 Mt in the same period last year. These imports cover OPC, blended cement and masonry cement.
In the first 4 months of 2024, the accumulated US cement imports increased by +5.2% to 6.201 Mt, after 5.897 Mt in the same period last year. the data include Portland, blended and masonry cements.
In the first 4 months of 2024, the US cement dispatch (Portland & Blended and Masonry) declined by -3.6% to 25.089 Mt, after 26.033 Mt in the same period last year.