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Cementos Pacasmayo’s revenue down on public investment slowdown

01 May 2019

Peru: Cementos Pacasmayo’s sales revenue dropped slightly to US$94.6m in the first three months of 2019. Its consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) also fell a little to US$28.3m. However, its sales volumes of cement, concrete and precast rose by 5.4% to 593Mt from 563Mt. It blamed the declines in revenue and earnings on a slow down in public investment connected to a change in regional governments.

The cement producer also said that it has started selling cement in Iquitos. The capital of the country’s Amazonian Loreto region has been hard to reach due to its lack of road links. Cementos Pacasmayo said that it has been ‘aggressively’ taking advantage of a new tax law that supports its Rioja plant giving it a competitive advantage.

Published in Global Cement News
Tagged under
  • Peru
  • Cementos Pacasmayo
  • Results
  • GCW402

Breedon Group reports good progress in first quarter

01 May 2019

UK/Ireland: Breedon Group says that it has made ‘good progress’ across the business in the first quarter of 2019. Its revenue grew by 10% year-on-year to around Euro276m on a like-for-like basis. It attributed this to milder weather than in the same period in 2018. It said that it expects construction output in the UK to rise by 3% and at a higher rate in the Republic of Ireland.

Published in Global Cement News
Tagged under
  • UK
  • Ireland
  • Breedon Group
  • Breedon Cement
  • Results
  • Lagan
  • GCW402

National Cement tendering for new line at Ragland plant

01 May 2019

US: National Cement is tendering for a new 5000t/day production line at its Ragland plant in Alabama. The subsidiary of France’s Vicat has reportedly had a permit for the upgrade since 2006. The plant operates one dry process kiln with a production capacity of 1.9Mt/yr.

Published in Global Cement News
Tagged under
  • US
  • VICAT
  • National Cement
  • Plant
  • Alabama
  • Upgrade
  • France
  • GCW402

Martin Marietta benefits from aggregate sales in first quarter

01 May 2019

US: Martin Marietta has benefited from aggregate sales volume growth in the first quarter of 2019. Its revenue grew by 17% year-on-year to US$939m from US$802m. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 28% to US$159m from US$124m. However, the gross profit on its cement business was down and both sales and profit was down for ready-mixed concrete (RMX). Despite this the company said that its cement shipments and pricing increased 7.3% due to demand in Texas, a new Houston-area sales yard and an enhanced product line.

Published in Global Cement News
Tagged under
  • US
  • Martin Marietta
  • Results
  • Aggregates
  • concrete
  • Texas
  • GCW402

Rockwell Automation launches updated analytic product

01 May 2019

US: Rockwell Automation has launched the FactoryTalk Analytics LogixAI module, an update to its Project Sherlock software product. It is intended to detect production anomalies and alert workers so they can investigate or intervene. The add-on module for the company’s ControlLogix fits directly into a control chassis and streams controller data over the backplane to build predictive models. It can continuously monitor a production operation, detecting anomalies against its derived understanding.

The FactoryTalk Analytics LogixAI module is the newest addition to the FactoryTalk Analytics portfolio from Rockwell Automation. The portfolio includes FactoryTalk Analytics for Devices, which learns about an automation system’s structure to tell workers about problems with individual devices. The LogixAI module expands on this by learning about an automation system’s application and helping identify anomalies with its overall function.

Published in Global Cement News
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  • US
  • Rockwell Automation
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  • automation
  • software
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