Cement News tagged under: Cemex
Cemex releases new low-carbon cement to European market26 May 2021, Published under Cement NewsAs part of its innovative Vertua ® low-carbon product portfolio, Cemex España has launched its new high-performance grey cement type II 52.5 R to the European cement market This cement has been tailored to provide superior performance to the precast and infrastructure segment by providing early strength such as that obtained by Type I cement but with ~20 per cent lower direct CO 2 emissions, says Cemex. The new cement is part of Cemex’s “Future in Action” climate strategy, which aim... |
Florida: bolder, brighter, better24 May 2021, Published under Cement NewsLike all US states, Florida has been badly hit by the COVID-19 pandemic with tourist numbers plummeting as borders shut and lockdown measures were imposed. But pent-up demand in the housing market, strong infrastructure spending and a robust construction sector should deliver a notable uptick in cement consumption in 2021-23. Florida has been badly affected by the COVID-19 pandemic with tourist numbers in freefall. However, a brighter future lies ahead Florida’s US$1trn econo... |
Cemex Panamá to produce low-carbon general-purpose cement03 May 2021, Published under Cement NewsCemex Panamá announced it will be producing its first low-carbon cement as part of its Cementos Vertua general-purpose cement product range. Cementos Vertua’s CO 2 emissions are up to 40 per cent lower than conventional cements while preserving its technical properties and maintaining the Cemex standards of quality. “We recognise that construction in the future must be balanced with its environmental effects and that these challenges are met by collaborating with our clients and stakeho... |
Cemex records 1Q21 net sales of US$3.4bn30 April 2021, Published under Cement NewsCemex has announced its 1Q21 results with EBITDA growing on a YoY basis in all regions. Consolidated net sales increased nine per cent to US$3.4bn. Operating EBITDA improved 28 per cent to US$684m, while the EBITDA margin increased to 20.1 per cent, 2.8 percentage points higher year over year. Net debt and leverage were reduced materially during the first quarter. Net debt plus perpetuals fell by US$547m, while leverage ratio was reduced to 3.61 times, almost half-a-turn reduction... |
Which US cement producers can exploit higher cement demand in 2021?16 April 2021, Published under Cement NewsThe Portland Cement Association's ( PCA) Spring Cement Consumption Forecast for 2021-22 indicated that cement demand in the USA could match or exceed last year's growth of two per cent, despite the loss of nearly 9.5m jobs and a severe decline in real GDP as a direct result of the country's lockdowns and economic impact from COVID-19. Further, the PCA was keen to highlight the long-term upturn in US cement demand that would be supported by the US$2.2trn eight-year infrastructure 'Bui... |
Cemex to acquire Eqiom Granulats assets13 April 2021, Published under Cement NewsCemex has signed an agreement to expand its French network with the acquisition of aggregate assets in the northern Paris metropolitan area. Cemex will acquire some assets of Eqiom Granulats, including two strategically-located aggregate quarries and a rail-enabled platform that will improve customer service in Paris and surrounding areas. "This acquisition will allow us to better serve our customers by integrating and complementing our portfolio to provide a comprehensive and ... |
Cemex recognises Construrama Women30 March 2021, Published under Cement NewsCemex has recognised female leadership in Mujer Construrama (Construrama Women), an event organised by Cemex Mexico. Construrama is the largest retail building materials distribution network on Mexico with 2100 stores and these stores are 30 per cent lead by women. This year, 320 women who are part of the network participated virtually in conferences and workshops by several business experts, female business owners, company executives, among other speakers. Cemex is a signatory of t... |
Cemex plans expansion of Puerto de San José plant26 March 2021, Published under Cement NewsCemex SA plans to invest close to US$16m in the expansion of its cement plant in Puerto de San José, department of Escuintla, Guatemala. Cemex Guatemala has submitted the environmental impact study (EIA) to the Ministry of Environment to develop the project called "Arizona plant capacity expansion". The project will be developed on a section of land within the company's facilities, which has a 1633m 2 occupancy area, a construction area of 1325m 2 and a land area of 51,764m 2 , represe... |
Cemex releases its Integrated Report 202026 March 2021, Published under Cement NewsCemex, SAB de CV presented its Integrated Report 2020: 'Safe, Essential, Resilient' on 25 March, which includes a comprehensive analysis of Cemex’s strategic vision, operational performance, corporate governance, and value creation at a global level. Fernando A Gonzalez, CEO of Cemex said, "Sustainability remains to be one of our top priorities, and our Climate Action strategy makes us confident in our ability to achieve our targets and aspirations." Among the main accomplishmen... |
Cemex to reopen Lloseta plant19 March 2021, Published under Cement NewsCemex has signalled its intention to restart cement production at its Lloseta plant in Spain in the coming weeks, according to Ultima Hora Online. The plant closed in January 2019 but the company had to communicate to government before 15 April 2021 what its plans were regarding the fate of the plant: to resume production or shut down and dismantle the works. The cement producer will manufacture "a type of cement with specific benefits, more sustainable and resilient” with a limited produ... |