Cement Price IncreaseEXP's shipments in cement have firmed up, and it has announced an $8/ton cement increase in most of its markets, with cement pricing showing good resiliency in its inland markets.
Infrastructure DemandWholly owned cement volumes increased 9.4% year-over-year, outperforming peers due to favorable weather and higher infrastructure and nonresidential demand.
Paperboard Margin ImprovementThe paperboard business reported meaningful improvement in margins, increasing over 1,000 basis points year-over-year due to renegotiation of its supplier contract on recycled fiber.