Cement News tagged under: Cemex
US Department of Justice to investigate Cemex over Maceo plant payments15 March 2018, Published under Cement NewsThe US Department of Justice is investigating Mexico's Cemex SA over payments concerning the construction of the Maceo cement plant in Colombia. Cemex is being investigated over whether it violated federal bribery laws. Cemex said in a filing Monday that it had received a federal grand jury subpoena related to the Colombian project, located in the municipality of Maceo. According to a September 2016 filing, Cemex paid roughly US$20m to a non-governmental employee of CI Calizas y Minera... |
Cemex is the first company to operate plants by remote control13 March 2018, Published under Cement NewsCemex has announced that it is the first company in the industry to successfully operate plants by remote control. The company’s monitoring and remote control system, Centro de Control Cemento (C3), operates in real time and tracks the live data of 14 cement plants, 25 kilns and 86 grinding mills in Mexico, alongside a facility in Colombia and another in the US. Cemex created the C3 to unify the control systems of all its cement plants to make real-time optimal decisions. From its central ... |
Three Cemex USA quarries win NSSGA awards09 March 2018, Published under Cement NewsCemex USA's FEC Quarry in Miami won the National Stone, Sand & Gravel Association (NSSGA) 2018 Platinum Award for Excellence in Community Relations. Two other Cemex USA facilities in Florida also received community recognition from the NSSGA. Kirk Light, Cemex USA Regional President – Florida region, accepted the award during a ceremony at the NSSGA's Annual Convention in Houston, Texas. "The FEC Quarry and all of our operations in Florida are committed to developing long-lasting rela... |
Caribbean Cement plans 2-year maintenance programme16 February 2018, Published under Cement NewsFollowing a challenging 2017, Jamaican cement producer Caribbean Cement expects to roll out a two-year maintenance programme that includes a programme of reinvestment in the Rockfort plant near Kingston. "After defining 2017 as a year of transition, the board of directors is now focused on consolidation of ongoing initiatives in health and safety, and roll-out of a two-year maintenance plan to ensure improved production performance and cement output," said the statement signed by Chairman ... |
Cemex renews Birdlife conservation partnership15 February 2018, Published under Cement NewsCemex announced it is renewing its partnership with Birdlife International, the world’s largest nature conservation partnership. The renewal extends the cement producer’s 10-year partnership by a further three years. “Cemex and BirdLife’s joint efforts have significantly improved the biodiversity of Cemex’s quarries, such as its Cerrito Blanco Quarry in northwestern Mexico. As a result of this BAP implementation, Mexico’s national bird, the Golden Eagle, is benefitting from a focussed con... |
Cemex conducting pilot tests for Magdalena river transport14 February 2018, Published under Cement NewsTo improve its operational efficiency, Cemex has started running pilot tests to transport cement via the Magdalena River in Colombia. Cement is transported from central Colombia to the Caribbean region during these trials. On the first trip, some 950t were transported from the main plant at Caracolito to Sociedad Portuaria de Barranquilla. The river journey took six days with the entire trip from Ibague via Barrancabermeja to Barranquilla taking 17 days. For Juan Carlos Muñoz, vice pre... |
Cemex’s lower trading profit offset by lower tax rate/interest charge09 February 2018, Published under Cement NewsCemex' turnover improved by 2.4 per cent in 2017 to US$13,672.2m. EBITDA declined by 9.1 per cent to US$1725.2m and the trading profit fell by 15.8 per cent to US$1523.1m. The net interest charge, however, declined by 10.9 per cent to US$1022.3m, but still giving a pretax profit 22.9 per cent lower at US$723.4m. The tax charge was some 83 per cent lower and deconsolidated activities had also been profitable, giving a net attributable profit 7.5 per cent ahead at US$806.2m. Net debt, inclu... |
Cemex speeds up Maceo opening08 February 2018, Published under Cement NewsCemex Latam Holding has confirmed that it is solving the legal issues that prevent the opening of its new plant in Maceo, Antioquía, Colombia. The inauguration of the works was postponed in May 2017 after authorities found the plant did not have all required permits to start operation. Jaime Muguiro, the company’s president, said the company was still awaiting authorisation for the capacity expansion. At present, capacity is limited to 0.25Mta, but Mr Muguiro indicated that the facili... |
Leading cement companies form the GCCA31 January 2018, Published under Cement NewsNine leading companies in the cement sector have launched the Global Cement & Concrete Association (GCCA). The founding members are Cemex, CNBM, CRH, Dangote, Eurocement, HeidelbergCement, LafargeHolcim, Taiheiyo and Votorantim. The GCCA has been created to develop and strengthen the industry’s contribution to sustainable construction, according to a press release. In order to achieve this, the GCCA will promote the development of durable and environmentally conscious infrastructure at ... |
Cemex to restructure Puerto Rico operations11 January 2018, Published under Cement NewsFollowing its significant fall in domestic cement sales, Cemex Puerto Rico has announced changes to its operations effective this month. While the company did not disclose further details about the number of dismissals, it aims to protect the highest number of jobs possible. The cement producer will also modify operations at its Ponce works, which will operate as a grinding unit. Cemex Puerto Rico President, Jorge Rojas, the current conditions in the local market prevent the compa... |