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Summit Materials’ Hannibal plant, operated by Continental Cement Co., a subsidiary of Summit, converted 100 percent of its annual production to portland limestone cement (PLC)

The India Cements Limited has posted a net profit of 76 crore for the quarter ended June 30, 2022, an increase of 103% over that of the corresponding quarter last financial year at 37.4 crore. The leading cement manufacturer is likely to effect a revision of cement prices by next week due to rise in the cost of various commodities.

Horia Adrian, President and CEO of Holcim Philippines, Inc. said: “We are determined to deliver value to all our stakeholders despite soft market and cost pressures. Our strategy to embed sustainability in our operations is enabling us to manage current challenges and deliver sustainable business performance. We are committed to pursue initiatives to broaden our range of innovative and eco-friendly building solutions, advance operational efficiency through digitalization, and strengthen customer engagement for better business results and more positive impact.”

Argos, the cement company of Grupo Argos, presented its quarterly results, highlighting record revenues and strong demand for cement and ready-mix, mainly in the United States and Colombia, as well as stable operating results in an environment of high-cost inflation thanks to the success of its commercial strategy in all geographies, the flexibility of its fuel matrix and the partial hedging of fuel prices.

The operation is the first investment by Cementos Molins, owner of Calucem, in the United States.

GCC, a leading producer of cement and concrete in the United States and Mexico, announced that it will execute a capacity expansion at the plant located in Odessa, Texas. The project will increase annual cement production capacity by over one million metric tons and lower the plant’s greenhouse gas intensity by 13%.

As part of its expansion and consolidation plan, Argos, a Grupo Argos company, plans to add to its aggregates production capacity in Colombia another 2 million tons by 2024 (currently 2.5 million tons by 2024).