International Zeolite Improves Sales by 75%

International Zeolite Corp of Vancouver, BC has announced sales of CDN$696,730 in the fiscal year ended June 30, 2019, a 75% increase over the prior year. The company’s net loss of CDN$915, 613 was an improvement on the prior year’s loss of CDN$1.33 million. The improvement reflects reduced overhead expenses and improved margin on sales....

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StonePoint Acquires Road Builders

StonePoint Materials LLC of Philadelphia, PA has acquired Road Builders LLC of Greenville, KY. The company is one of Kentucky’s oldest materials companies and operates two quarries and three asphalt plants. StonePoint says that the acquisition will complement its subsidiaries Winn Materials and McIntosh Construction in western Tennessee and Kentucky. Volume 33, Issue 24...

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Cemex Sells Some U.S. Assets to Eagle Materials

Cemex SAB de CV of Mexico has announced that its U.S. affiliate, Kosmos Cement Co, has signed a definitive agreement for the sale of certain assets to Eagle Materials Inc of Dallas, TX for approximately US$665 million. The proceeds to Cemex will be approximately US$499 million. The assets include a cement plant with an annual...

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Imerys Reports Market Conditions Deteriorating

Imerys SA of France has reported a net income of €64 million (US$71.4 million) for the third quarter of 2019, 20.6% lower than in the corresponding period of 2018 on revenue 6.3% lower at €1.08 billion (US$1.20 billion). For the first nine months of 2019, the company generated a net income of €160 million (US$178...

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Graymont Gives Green Light to New Rexton Plant

Graymont Ltd of Richmond, BC has announced plans to build a state-of-the-art lime production facility adjacent to its high-grade limestone deposit in Rexton, MI. The company says that the project will enhance its ability to reliably meet demand for high quality lime and limestone products in the Great Lakes region. Target markets include the environmental,...

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