Martin Marietta in Q4 loss

By IM prices reporter
Published: Friday, 12 February 2010

US group post weak fourth quarter but magnesia business hits record earnings

Martin Marietta Materials Inc., a leading US producer of construction aggregates, magnesia-based chemicals and dolomitic lime, reported a loss for Q4 2009 but record earnings from its specialty magnesia business.

Overall, the company recorded a loss of $3.2m., down from a profit of $25.3m. in Q4 2008, while revenue...

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