Industrial Realty Group is making improvements to the property for bulk cement unloading and distribution. Royal White Cement has leased a site along the Houston Ship Channel for its second terminal in Houston in a deal that positions the company to grow its cement and construction materials business. Industrial Realty Group, a national real estate
HOUSTON, TX – Industrial Realty Group, LLC (IRG), one of the country’s largest owners of commercial and industrial properties, announced today that Royal White Cement has signed a long-term lease at its Houston Ship Channel project. On site terminal operator, Houston Peninsula Terminal has already begun unloading vessels for the company, while IRG simultaneously works
US: The Portland Cement Association (PCA) has releases a two-year forecast of moderate growth in cement consumption between 1 January 2020 and 31 December 2021. It projected growth of 1.7% in 2020, slowing slightly to 1.4% in 2021, corresponding to 2.1% and 1.7% GDP growth annually. Speaking at the 38th International Cement Seminar in Atlanta, PCA
Panama: 0.87Mt of domestically produced cement was sold in Panama in the six months to 31 July 2019, corresponding to a drop in production of 12.8% compared to the same period of 2018. Figures released by the treasury office showed total cement imports at a high of 85,600t; 10% of domestic consumption.
Belarus: The Council of Ministers has received a recommendation from the State Control Commission (SCC) that punitive measures be taken against officials responsible for cement production in the midst of another disappointing year. Belapan has reported that members of the SCC blamed the failure to secure efficient performance on untenable costs due to intermediaries. Investigators from
Zimbabwe: A blast at Lafarge Cement Zimbabwe’s Sternblick quarry on 15 August 2019 has killed one person and injured another. Agence Ecofin has reported that two women were at home on Pangoula Farm, Harare, when debris from the quarry entered through the roof, striking 36-year-old Shupikai Chatsina, who lost her life instantly, on the head. She
Philippines: Trade Secretary Ramon Lopez has welcomed a Tariff Commission (TC) report that has increased the safeguard duty on imported cement, but noted that his department was still reviewing the evaluations made. Speaking on 14 August 2019, Lopez said, “We just got the full report on cement from the TC and will study the evaluations made.
US: The Portland Cement Association (PCA) has made appointments to its executive teams in Government Affairs, Communications and Finance. Sean O’Neill has been appointed as the Senior Vice President of Government Affairs. He joins the PCA from the Associated General Conwtractors of America as Vice President of Congressional Relations/Infrastructure Advancement. Previously he served as Director of
Pakistan: Data from the Pakistan Bureau of Statistics shows that cement exports fell by 2.5% year-on-year to 1.16Mt in the second quarter of 2019 from 1.22Mt in the same period in 2018. After a strong first quarter exports remained high in April 2019 before starting to decline in May and June. Overall, exports rose by 22.8%
France: Vicat’s sales rose by 4.6% year-on-year to Euro1.34bn in the first half of 2019 from Euro1.28bn in the same period in 2018. This was mainly due to its acquisition of Brazil’s Ciplan in late 2018. At constant scope and exchange rates its sales fell by 0.6% due to poor markets in Turkey, Switzerland, Indian and