US: United States Lime & Minerals grew its sales revenue in 2017 due to higher business from its oil and gas services and industrial customers. Total revenue grew by 4% year-on-year to US$145m in 2017 from US$139m in 2016. The producer raised the price of its lime and limestone products in 2017.
“Demand for our lime and limestone products in the fourth quarter and full year 2017 remained steady. In addition to the St Clair replacement kiln project, we continue to seek innovative ways to enhance efficiencies at all of our facilities so we can compete in what remains a challenging pricing environment,” said Timothy W Byrne, president and chief executive officer of United States Lime & Minerals.
