Cement News tagged under: Cemex
CEMEX's net sales grow 13% in 3Q2231 October 2022, Published under Cement NewsCEMEX announced continued solid top line growth in the 3Q22. Net sales grew by 13 per cent to US$3,956m while net income of reached US$494m. Pricing was the main driver with cement, ready-mix and aggregates, increasing by double digits. “Our pricing achievements this year have allowed us to more than offset inflationary costs in dollar terms, but stubbornly high inflation and supply chain headwinds have delayed our ability to regain margins. We are fully committed to margin recovery an... |
CEMEX Colombia and BBVA form Vertua customer alliance14 October 2022, Published under Cement NewsCEMEX Colombia and BBVA in Colombia have formed an alliance that will allow the company's customers to access a sustainable line of credit with the bank to extend the payment term of their Vertua cement invoices. Vertua cement may reduce CO 2 emissions by up to 45 per cent compared to traditional cement. The bank has become a strategic ally for CEMEX in designing a financial product that makes it possible for its clients to benefit from the payment of their Vertua cement bills... |
CEMEX affiliate signs Mexican recycling agreement06 October 2022, Published under Cement NewsThrough its affiliate Pro Ambiente, CEMEX will work with Tetra Pak and the government of the Mexican city of Querétaro to recycle over 1.5m beverage cartons per month. Pro Ambiente, through its Broquers Ambiental facility, processes nearly all the municipal waste generated in Querétaro, recycling approximately 4500tpm of solid residue. The waste is used as a climate-friendly fuel to power CEMEX's operations in Mexico. Thanks to this process, CO 2 emissions into the atmosphere are reduc... |
Cemex to develop lightweight concrete for windfarm platforms30 September 2022, Published under Cement NewsCEMEX has announced that it is part of a consortium that has received a grant from the European Commission to build a full-scale prototype of a floating offshore windmill with a concrete foundation. The company will design and produce a high-performance and lightweight concrete for an optimised low-carbon foundation structure for offshore windfarms. CEMEX has agreed to provide its expertise in concrete technology, chemical admixtures and special aggregates to design a specialty mix that... |
CEMEX reaffirms commitment to UN SDGs21 September 2022, Published under Cement NewsCEMEX has announced that it is reaffirming its commitment to the United Nation’s Sustainable Development Goals (SDGs), particularly those focused on climate action; sustainable cities and communities; responsible consumption and production; and industry, innovation and infrastructure. CEMEX CEO, Fernando A González, participated in a CEO roundtable hosted by UN Secretary-General António Guterres at the UN’s New York City headquarters on 19 September 2022. The roundtable included 11 CEOs... |
CEMEX sees Alicante quarry expansion approved19 September 2022, Published under Cement NewsSpain’s Ministry of Economy has extended CEMEX’ s licence to expand the Serreta Larga quarry in Alicante, Spain. The quarry supplies limestone and marl to the San Vicente del Raspeig cement plant and will now be able to operate for a further 30 years. The approval marks the end of a 12-year licence application process. The delimited perimeter of the quarry has approximately 15.5Mt of reserves with a planned extraction rate of 520,000t per year. CEMEX will have to provide guarantees of... |
Caribbean sees rapid expansion for cement with construction growth16 September 2022, Published under Cement NewsThis week CEMEX announced that it has restarted its 0.5Mta kiln line at its San Pedro de Macoris plant in the Dominican Republic as part of its US$34m upgrade. While this plant will see further improvements in waste-derived fuels, additives and hydrogen technology, ICR assesses what other developments are happening in the Caribbean sector. The mood of the Dominican Republic is best captured by ADOCEM, the cement association representing six producers in the country. Julissa Béaez, Adocem ... |
Mexican ambassador praises climate action work at CEMEX's Rugby plant15 September 2022, Published under Cement NewsCEMEX welcomed HE Josefa González Blanco Ortiz Mena, Mexican ambassador to the United Kingdom, to its flagship UK cement plant, based in Rugby, Warwickshire, on Wednesday 14 September. The ambassador travelled to Rugby to find out more about the work CEMEX carries out in the UK and the materials it produces for key construction projects nationally. In particular, she wanted to understand how the UK is contributing to CEMEX's global climate action strategy, Future in Action, and the bu... |
CEMEX restarts line in Dominican Republic12 September 2022, Published under Cement NewsCEMEX has restarted the 0.5Mta Line 1 at its San Pedro de Macorís plant in the Dominican Republic. The US$34m upgrade project began in 2021 and forms part of the company’s expansion plans to help support local cement demand in the country. The next stage of the expansion plans includes increasing production and dispatch capacity, as well as augmenting the use of waste-derived fuels, state-of-the-art additives, and expanding the pioneering use of hydrogen as a catalyst in its two produ... |
CEMEX supplies longest bridge in the Philippines08 September 2022, Published under Cement NewsCEMEX has announced that it was the sole supplier of cement for the construction of the longest bridge in the Philippines. The company supplied nearly 70,000t of cement for the construction of the Cebu-Cordova Link Expressway (CCLEX), which was inaugurated in April this year. CCLEX connects Cebu City to the municipality of Cordova on Mactan Island and spans a total of 8.9km, standing on twin tower pylons reaching 145m in height. The bridge, which cost PHP33bn (US$577.8m) to construct, i... |