The American Cement Association’s (ACA) Market Intelligence team expects inflation and interest rates to remain elevated throughout 2026 – not helping construction in the short-term. The prediction is included in ACA’s Summer Economic Forecast. Continuing uncertainty around the Iran War’s timeline is largely to blame. According to ACA’s report, higher costs will continue to weigh on construction projects, but…
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Buzzi Unicem announced half-year results, reporting cement volumes increased by 5.4%, driven by the consolidation of UAE operations. The company reported weak demand in the ready-mix concrete market (-4.2%). Revenue remained stable at €2,188.5 million (-1.1% on a like-for-like basis). EBITDA was €482.7 million (-8.2%), with an unfavorable exchange rate effect of €8.9 million and a margin contraction of approximately…
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Command Alkon announced that Francisco Partners, a global investment firm that specializes in partnering with technology businesses, has agreed to acquire a majority stake in Command Alkon from Thoma Bravo, the world’s largest software-focused investment firm. Heidelberg Materials, one of the world’s largest integrated manufacturers of heavy building materials and solutions, will retain its significant minority stake in Command Alkon.…
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In partnership with sister U.S. Department of Energy (DOE) facilities, Oak Ridge National Laboratory (ORNL) has formally opened the Center of Excellence for Advancement and Acceleration of Cement and Concrete Engineering Technologies. Based at the ORNL campus in eastern Tennessee, the ACCENT Center will help strengthen the U.S. cement and concrete supply chain at a time of rising demand, increasing…
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Taiheiyo Cement Corp. has been selected as the “Supplier Engagement Leader,” the highest rating in the “Supplier Engagement Rating” by CDP, an international environmental nongovernmental organization (NGO) for the third consecutive year. The “Supplier Engagement Rating” evaluates how effectively a company is engaging its suppliers on climate change issues. The company is assessed thorough its responses to the categories of “Governance…
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Ash Grove announced that Cheng Qi, director of customer solutions R&D, has been named an honorary member of ASTM International, one of the organization’s highest distinctions. The recognition honors individuals who have demonstrated exceptional volunteer leadership and made significant technical contributions to their industries over the course of their careers. Throughout his distinguished career, Qi has played a pivotal role…
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Industrial Accessories Company (IAC) and its construction subsidiary, Adelphi Construction, have surpassed 1,056,980 combined man-hours worked without a lost-time incident, a milestone spanning field crews, fabrication shops and jobsites nationwide. The achievement reflects a sustained, company-wide commitment to safety rather than a single event. IAC and Adelphi attribute the milestone to consistent pre-task planning, open hazard reporting, and ongoing investment…
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Papers are now being accepted for the 2027 IEEE-IAS/ACA Cement Conference, which will be held April 11-15, 2027, in Sacramento, Calif. The conference invites papers focused on the practical application of electrical technology, standards, equipment, safety and systems relevant to the cement industry and within the scope of the Cement Industry Committee Working Groups. For 2027, the paper submission process…
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Eagle Materials Inc. announced financial results for the first quarter of fiscal year 2027 ended June 30, reporting record revenue of $651 million, up 3%. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, increased 8% to $454.1 million, primarily driven by higher Cement sales volume. Heavy Materials operating earnings decreased 11%…
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Titan America SA announced its second-quarter 2026 financial results, including its wholly-owned operating subsidiary, Titan America LLC. Revenue for the three months ended June 30 was $470.6 million, an increase of 9.6% compared to $429.2 million in the prior year quarter, of which approximately $20 million was attributable to the acquired Keystone Cement operations. On a like-for-like basis, revenue for the…
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