Cemex celebrates Panama Canal expansion inauguration

As the Panama Canal expansion was successfully inaugurated on Sunday, Cemex celebrated along with other suppliers and local dignitaries. The company supplied close to 1Mt of specially-developed cement for the project.

 “CEMEX congratulates the Government, the Panama Canal Authorities, and especially the Panamanian people for the key role they played in this iconic project, which will change the dynamics of global trade and economy,” said Fernando A. Gonzalez, CEO of CEMEX. “Our ability to meet the design, supply, and logistics requirements of our clients is a priority for us. We are proud to have fulfilled the demands of this mega-infrastructure.”

To enable the steady delivery of all cement required for the construction of the third set of locks, the company invested in 2008 over US$300m to triple its production capacity in the Central American country. A production line was put in operation to exclusively produce the durable cement type with low heat hydration, developed by Cemex Panama and Switzerland-based Cemex Research Group AG.