Record cement sales for Eagle Materials in fiscal 2015

Published

10 years ago

May 31, 2015

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US-based Eagle Materials Inc. has released its results for both fiscal 2015 and the fiscal fourth quarter, which ended 31 March 2015.

Fiscal year 2015

The company?s revenue increased by 19% to reach US$1.1 billion.
Earnings before interest and income taxes improved by 32% y/y to reach US$264.7 million. This rise was aided by increased sales volumes across most business lines.
Cement sales volumes reached a record 4.8 million t.
Cement operating earnings grew 31% to US$117.5 million, an annual record.
Cement revenues, including joint venture and intersegment sales, were up by 12% to reach US$488.6 million.
Eagle Materials?concrete and aggregates business achieved a 12% rise in revenue. Operating earning increased from US$0.2 million to US$6.7 million.
Operating earnings for Gypsum Wallboard and Paperboard reached US$177.4 million, up 28%, with revenue improving by 13%.
The company?s Oil and Gas Proppants business has reported revenue of US$81.4 million and an operating loss of US$2.5 million.

Cement industry to gain from new infrastructure spending

Published

6 days ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

6 days ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

7 days ago

July 23, 2025

admin

GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.