Cement News tagged under: Cemex
Record production at Caribbean Cement in 202011 January 2021, Published under Cement NewsCaribbean Cement Company (TCL/Cemex group) says it reached a new record in 2020 by manufacturing more than 940,000t of cement in response to market demand in Jamaica. "The market responded opposite to what might have been expected given the pandemic. Instead of slowing down, construction grew, and we kept in step with our customers by meeting their demand consistently. We will continue to ramp up production as the market grows," said Yago Castro, general manager of Caribbean Cement Ltd ... |
Cemex announces pricing of US$1.75bn senior secured notes08 January 2021, Published under Cement NewsCemex SAB de CV announced the price of US$1.75bn of its 3.875 per cent senior secured notes due in 2031 and denominated in US dollars. The notes have a semi-annual interest rate of 3.875 per cent and mature on 11 July 2031. The notes are to be issued on 12 January 2021, subject to customary closing conditions. Cemex intends to use the proceeds of the offering for general corporate purposes. |
Two men badly injured at Arawak Cement30 December 2020, Published under Cement NewsTwo men sustained burns during an industrial accident at the Arawak Cement plant in St Lucy, Barbados, early Sunday morning. Plant attendant Brian Moore reportedly has burns about 90 per cent of his body and is listed as gravely/critically injured. Process supervisor Vincent Ellis remains at the Queen Elizabeth Hospital (QEH) with burns to both hands and feet. Both men, along with plant attendant Erroll Lewis were overseeing a cement mixing process, during which a blockage was observed. ... |
Global CCS efforts accelerate18 December 2020, Published under Cement NewsThis week Norcem (HeidelbergCement) received the Norwegian Parliament's carbon capture and storage (CCS) investment approval for a full-scale CCS facility at the company's Brevik cement plant in Norway. This is expected to be the first carbon capture facility for cement production and is scheduled for start-up in 2024. It is just one of many attempts to find suitable solutions for carbon capture at cement plants. HeidelbergCement heads up the Low Emissions Intensity Lime and Cement (LE... |
Cemex España increases ownership in Cemex Latam Holdings17 December 2020, Published under Cement NewsCemex España SA is increasing its shareholdings in Cemex Latam Holdings SA (CLH), which is listed on the Colombian stock exchange, from 73.16 per cent to 92.6 per cent of CLH's paid and outstanding shares. This completes the tender offer made by Cemex España for all outstanding ordinary shares in CLH directed to all shareholders at a purchase price of COP3250 (US$0.95) per ordinary share. 108,337,613 ordinary shares were validated in the tender offer for an aggregate amount of COP352bn ... |
Cemex launches Vertua® in Mexico09 December 2020, Published under Cement NewsCemex SAB de CV has announced that its Vertua ® low-carbon and net-zero products are now available in Mexico after a successful introduction in Europe. The Vertua ® range of products has been developed by Cemex's Research and Development Centre in Switzerland and is part of the company's components to reach net-zero CO 2 concrete for all products and geographies by 2050. Since 1 December 2020, Vertua ® has been available in Mexico City, Monterrey, Guadalajara, Cancun, Tijuana, León, Q... |
Cemex's climate action strategy04 December 2020, Published under Cement NewsCemex hosted its Climate Action webinar on Thursday 3 December 2020. It included an outline of how Cemex was looking to achieve its 2030 roadmap to reduce CO 2 emissions and the company's 2050 ambition to deliver net-zero concrete globally. The panel discussion is the first of several such forums the company aims to host as it commits to the challenge of taking on climate action. "In September 2020, Cemex launched its medium term strategy 'Operation Resilience' in which sustainability as... |
Philippines: poised to rebound?02 December 2020, Published under Cement NewsHaving being one of southeast Asia’s strongest performers in recent years, the Philippines construction and cement industries have been hit by the impact of COVID-19 during the 1H20. However, the easing of restrictions, some positive economic indicators and pent-up demand could lead to cement consumption bouncing back in 2021. By Jagdeep Verma, Holtec Consulting, India. Holtec India endeavours to examine the impact of COVID-19 on the Philippines cement industry and share its views ... |
Cemex awarded grant for carbon capture project at Balcones plant10 November 2020, Published under Cement NewsCemex has been awarded a grant to research and develop carbon capture technology at its Balcones cement plant in Texas, USA. Cemex is partnering with Membrane Technology & Research Inc in an 18-month study that will trial a new membrane technology to capture CO 2 . "At Cemex, sustainability is embedded in our operations, and we are constantly looking for opportunities to reduce our carbon footprint,” said Jaime Muguiro, Cemex USA president. "We strive to develop and gradually adapt new te... |
Trinidad Cement appoints new CEO10 November 2020, Published under Cement NewsTrinidad Cement Ltd (TCL) has appointed Francisco Aguilera Mendoza as its new CEO, effective from 1 December 2020. Mr Mendoza, who was appointed to the board in 2014, currently serves as deputy chairman and will also continue in that role. The new CEO is also the vice president of Trading Americas and Group Shipping for Cemex and is thereby responsible for the trading of cement and clinker in the Americas, including in the Caribbean. Seijo Gonzalez, CEO of TCL since May 2015, is expect... |