Cement News tagged under: Cemex
Cemex is working 24/7 to meet Philippine cement demand30 July 2018, Published under Cement NewsCemex president and CEO, Ignacio "Nacho" Mijares, says Cemex's cement plants in plants in Antipolo and Cebu are having to work 24/7, in maximum capacity, to meet the market demand in the Philippines. The government’s PHP8trn (US$150.3bn) infrastructure programme is sending cement demand upward. "We recently were able to 'debottleneck' our dispatch which allows us to increase to half a million tons, the amount we can provide to the market. Going forward we will continue looking for the deb... |
Cemex's net sales rise by 7% in 2Q1827 July 2018, Published under Cement NewsCemex's net sales increased by seven per cent during the 2Q18 to US$3.8bn versus 2Q17. Operating EBITDA increaed by four per cent during 2Q18 to US$714m versus 2Q17. Cemex's CEO, Fernando A Gonzalez, said: "We are encouraged by the very favourable dynamics we saw in most of our portfolio during the quarter, with improvements in pricing which should translate into higher profitability during the second half of the year. Our operations in the US and Europe indicate a strong sequential growth ... |
Cemex UK closes old Thorpe HQ building05 July 2018, Published under Cement NewsThis week Cemex UK's former office headquarters in Thorpe, Surrey, closes after 28 years and Cemex UK's HQ will now be run from Cemex House Rugby. The company has had close links with Rugby for nearly 150 years and today operates one of the most modern cement plants in the world located in the town. The new HQ was the former global head offices for the Rugby Group plc until 2000 and today, the legacy of the company is continued with the brand, Rugby Cement, one of most well-known brands in ... |
Cemex Colombia to study solar farm construction29 June 2018, Published under Cement NewsCemex Colombia, the mayor of Ibague and LG announced they will initiate the technical, economic and legal studies required to build a solar farm that will supply sustainable power Tolima’s public lighting system. The farm would be located on a 56ha site, owned by the Mayor’s Office on the Doima-Buenos Aires highway. Around 16ha of solar panels would be installed. The electricity generated could also be used at Cemex’s Tolima cement plant to reduce greenhouse gases. |
Cemex UK moves to Rugby19 June 2018, Published under Cement NewsCemex UK is moving its headquarters from Thorpe, Surrey, to its offices in Rugby, Warwickshire, to create a new HQ from 1 July 2018, said the company in a statement. The company has had close links with Rugby for nearly 150 years and operates one of the most modern plants in the town. To date the location has provided a regional centre for the company. From 1 July the senior leadership team and all back-office functions such as Taxation, Communications and Human Resources will be based at... |
Cemex raises cement price 5% in Mexico12 June 2018, Published under Cement NewsCemex has increased the price of cement in Mexico by five per cent last week, making it the second price rise by the company this year. The increase applies to national sales of bagged cement. The increase applies from 4 June and the company has said the price is part of its programme to supply “value over volume” and to set “realistic cement prices. In January the company carried out a 10-12 per cent increase in prices for both bagged and bulk cement as well as raising prices for read... |
Cemex launches online store08 June 2018, Published under Cement NewsCemex has launched the Construrama online store for construction materials to enable fast and simple order placement, according to a press release. “Cemex’s launch of the Construrama Online Store builds on our efforts to transform the construction industry into a more efficient model: Our clients will now enjoy easy access to a wider catalog of products and be able to select, purchase and follow up on their online order, generating significant savings in productivity for our Construrama ne... |
Caribbean Cement signs two loan agreements with Cemex España01 June 2018, Published under Cement NewsCaribbean Cement Co Ltd has signed two loan agreements valued at US$102m with Cemex España, which will be used for the repurchase of assets at its Rockfort facility. The loans will be mainly used to acquire kiln five and mill five, according to The Gleaner. The assets will be acquired from the company’s immediate parent, Trinidad Cement Ltd. "The remainder, if any, will be used for general corporate purposes," said Caribbean Cement in a market filing. Cemex SAB de CV, parent of Cemex Espa... |
Cemex helps build new Sinai tunnel connection24 May 2018, Published under Cement NewsThrough a joint venture with Orascom Construction and The Arab Contractors (Osman Ahmed Osman & Co), Cemex is supplying 350,000m 3 of concrete and 160,000t of cement for the construction of two tunnels that extend from the outskirts of the city of Port-Said in northeast Egypt to the Sinai Peninsula, passing under the Suez Canal. The project is part of the Egyptian government's plan for the development of the Sinai Peninsula by improving accessibility. Historically, the only access to Si... |
Cemex invests in health & safety app17 May 2018, Published under Cement NewsCemex Ventures announced it invested in Prysmex, a Mexico-based start-up that offers an app to detect and helping to prevent workplace accidents through the Internet of Things and real-time data collection. Prysmex’s innovative solution features a web-based platform with a collaborative management app that monitors the environmental and geolocation variables of unsafe acts and conditions on customised 3D maps, enabling real-time decision-making and increased industry safety and productivit... |