Displaying items by tag: Pennsylvania
US: Titan America, part of Greece-based Titan Group, has launched ProAsh and EcoTherm. Both products are made from ash reclaimed from landfill and can be used in both cement and concrete production. Titan America subsidiary Separation Technologies produces the materials at its Brunner Island reclaimed ash drying and electrostatic separation plant in Pennsylvania.
President and chief executive officer Bill Zarkalis said, “This breakthrough achievement represents Titan America’s commitment to the reduction of CO2 through innovation as we plan to deploy this technology across the construction material sector.” He added “By harnessing the power of this technology, Separation Technologies is utilising a revolutionary beneficiation process that is capable of converting reclaimed ash from ash basins in an efficient manner. The result is a high-grade, low carbon construction product.”
Elementia’s consolidated volumes, sales and earnings grow in 2020
26 February 2021Mexico: Elementia sold 5.3Mt of cement in 2020, up by 4% year-on-year from 5.1Mt in 2019. Consolidated net sales rose by 8% to US$1.34bn from US$1.24bn, while earnings before interest, depreciation, taxation and amortisation (EBITDA) rose by 8% to US$170m from US$157m. Cement business sales rose in all regions with the exception of Central America with particular earnings growth record in the US.
The company also noted that the sale of its integrated Bath plant in Pennsylvania, US remained under review by competition authorities with a response hoped for in April 2021. The sale of the unit to HeidelbergCement-subsidiary Lehigh Hanson was first announced in September 2019.
Peter Jones appointed as Platform Sales Manager for Forney LP
20 January 2021US: Forney LP has appointed Peter Jones as Platform Sales Manager for its ForneyVault construction materials testing (CMT) software platform.
Prior to joining Forney, Jones was Senior Municipal Software Specialist/Multi-Link Division for Link Computer Corporation in Bellwood, Pennsylvania. He also worked as Commercial Account Manager/Natural Resources for W W Grainger of Pittsburgh. He also spent 12 years with Sysco Food Services in Pittsburgh, last serving as Business Development Manager. He holds a bachelor's degree in management, accounting and finance from Hiram College in Ohio.
Forney LP sells products in the materials testing industry with a focus on material testing equipment for cementitious materials like cement, mortar, grout and concrete for the construction industry, downhole cement and proppant materials for oil and gas industry, and general metals testing. It sells its products to more than 75 countries. Its corporate headquarters is located near Zelienople, Pennsylvania with manufacturing facilities and stocking warehouses in the eastern and western US.
Cemex USA makes grants to over 80 non-profit organisations as part of coronavirus relief effort
29 December 2020US: Cemex USA has delivered grants via the Cemex Foundation to over 80 non-profit organisations so far in 2020 as part of its coronavirus relief efforts. The funds donated by Cemex USA employees have provided more than a quarter million meals to those facing food insecurity and overall have positively impacted more than 200,000 people in California, Nevada, Arizona, Colorado, Texas, Alabama, Tennessee, Pennsylvania, Georgia and Florida. The initiative also supplied more than 20,000 pieces of personal protective equipment (PPE) for medical staff and first responders.
“Covid-19 has created far-reaching impacts and unparalleled challenges, prompting thousands of families to request additional support for food and shelter while they continuously worry about the health and safety of themselves and their loved ones. At Cemex USA, we wanted to help our neighbours and communities during this unprecedented time,” said Cemex USA president Jaime Muguiro. “The help provided by non-profits right now is critical, and we are proud to be able to deliver significant support for their initiatives that are making a difference in our communities.”
Organisations that have benefited from the grants include: United Way of Central Alabama (UWCA) in Birmingham, Alabama; Feeding South Florida in Florida; Feed the Frontline Houston in Houston, Texas; Lyons Emergency Assistance Fund (LEAF) in Lyons, Colorado; House of Refuge in South Mesa, Arizona; and Heart of Los Angeles Youth (HOLA) in Los Angeles, California.
Union takes legal action over sale of Keystone Cement
18 November 2019US: Union workers at the Keystone Cement plant in Bath, Pennsylvania have started legal action against the company over its sale to HeidelbergCement. The American Federation of Labor and Congress of Industrial Organizations (AFL–CIO) union says that the company must honour its contracts, according to the Morning Call newspaper. It is representing around 132 workers at Keystone’s cement and aggregate operations.
According to the lawsuit, HeidelbergCement’s subsidiary Lehigh Hanson announced in October 2019 that it would not accept or assume the terms of any existing contracts. The union claims that this contravenes a requirement that any new owners or operators of the plant assume the contracts in place at the time of sale. The agreement to sell the plant to Germany’s HeidelbergCement for US$151m was announced in late September 2019. It is subject to regulatory approval.
HeidelbergCement buys American and more
02 October 2019No overarching theme this week but rather four changes of note in different markets. The first is Lehigh Hanson’s agreement to buy the integrated Bath plant in Pennsylvania, US, from Giant Cement, a subsidiary of Mexico’s Elementia. Lehigh Hanson, a subsidiary of Germany’s HeidelbergCement, plans to pay US$151m for the 1.1Mt/yr unit giving it a cost of US$137/t of cement capacity. That’s a similar price that Elementia paid when it acquired Giant Cement in 2016. The Mexican conglomerate paid US$220m for a 55% stake in 2016 for three cement plants with a combined production capacity of 2.8Mt/yr or US$143/t.
The purchase by HeidelbergCement draws a line following problems selling its business activities in Ukraine. The group blamed a drop in profit in the first half of 2019 on this. Since then though it has been linked to a takeover of UltraTech’s stake in Emirates Cement, the owner of the 0.5Mt/yr Emirates grinding plant in Dhaka, Bangladesh. Buying a cement plant in North America, its second most lucrative region after Western and Southern Europe, looks set to be a wise investment.
The timing here is interesting given that Elementia, the building materials company partly-owned by ‘Mexico’s richest man,’ Carlos Slim, has been steadily expanding in recent years. As stated above it only acquired Giant Cement in 2016. However, its net sales and earnings fell in the second quarter of 2019 caused by a market contraction in Mexico affecting all of its businesses. Sales from its cement businesses in the US and Central America grew but they fell by 6% at home in Mexico. Elementia said that proceeds from the sale of the Bath plant will be used for debt repayment and ‘general’ corporate purposes. Notably, Ricardo Naya Barba, the president of Cemex Mexico, has also described the local market as ‘difficult’ this week, in comments reported upon by local media.
Meanwhile in Africa, China’s Huaxin Cement purchased Maweni Limestone from Athi River Mining (ARM) Cement in Tanzania as part of the latter’s on-going administration process. Local press reported the transaction as costing US$116m and subject to regulatory approval. This one’s interesting because it shows a major Chinese cement producer buying related assets outside of China. This is likely part of the country’s Belt and Road Initiative to develop industry and infrastructure around the world and to give its overproducing industries new markets. Perhaps the surprise here is that Huaxin Cement hasn’t gone after the rest of Kenya’s ARM Cement… yet.
The other African news story of note this week was the confirmation that Singapore’s International Cement Group (ICG)’s intended purchase of Schwenk Namibia had failed. This deal was announced in March 2019 but it later ran into trouble when the Singapore Exchange blocked the proposed acquisition in June 2019 on the grounds that ICG didn’t appear to have the money to pay for it.
Lastly, Yamama Cement announced that it wants to sell its Production Lines 1-5, which have a daily clinker production capacity of 5600t/day. The producer previously temporarily shut down the lines in 2017 and it has been planning to build a new cement plant. Since then though it has faced shrinking sales and profits in the tough Saudi Arabian market.
The takeaway from all of this is that, despite the doom and gloom of a world producing too much clinker, some cement companies are targeting growth in specific territories. Sometimes these schemes succeed, as in the case of HeidelbergCement and Huaxin Cement, and sometimes they don’t, as ICG has found out. Heavy building materials like cement are costly to move around so a plant or assets in the right place at the right time can make a fortune.
Keystone Cement to convert Bath plant to gas firing
23 July 2019US: Keystone Cement plans to convert its Bath cement plant in Pennsylvania to gas firing from coal. The project will cost US$2.2m, with a US$0.32m grant from the Pennsylvania Department of Community and Economic Development, according to the Express-Times newspaper. Gas supplier UGI Utilities will work with Keystone to install a new underground gas line from an existing substation to a new substation at the plant. The project is scheduled for competition by mid-2020.
US: A fire broke out in the preheater tower at Buzzi Unicem’s Stockertown cement plant in Pennsylvania on 7 June 2019. No staff injuries were reported at the plant, although a fireman required medical treatment, according to the Express-Times newspaper. Fire crews were on the site for around two hours.
Lehigh Cement applying to expand quarry at Nazareth plant
04 December 2018US: Lehigh Cement has applied to the Pennsylvania Department of Environmental Protection to expand the quarry at its Nazareth cement plant. It wants to increase its mining area by a third to 112 hectares from 84 hectares according to the Express-Times newspaper. A public consultation period on the application will run until late December 2018.
Elixsys completes pilot test on coal ash extraction technology
04 October 2018US: Elixsys has completed a 100hr continuous pilot test to extract ammonium sulphate and calcium carbonate from flue gas desulphurisation solids at a coal-fired power plant in Pennsylvania. Products made using the company’s proprietary process meet the specifications for fertiliser-quality ammonium sulphate and technical-grade calcium carbonate.
The company intends to start a commercial-scale project of its technology in 2019 once it finds a utility partner. Full-scale operations are planned by 2022. The company is also starting pilot testing on another process to extract metals from coal ash.