Cement News tagged under: Cemex
Cemex awards ecoperating Plus certification to building in Tijuana, Mexico10 July 2015, Published under Cement NewsCemex announced that it has awarded the ecoperating Plus certification to Torre Cosmopolitan, a sustainable and innovative commercial building, located in Tijuana, Baja California, México. The ecoperating Building Certification accredits buildings, during their design, construction and/or operation phase, with notable sustainable features and performance above the market standard. Cemex recognises projects that save energy, water and reduce the environmental impact associated to constructi... |
Cemex UK to close all ready-mix plants for '90minutes Step-in' initiative09 July 2015, Published under Cement NewsFor one and a half hours on Monday, 13 July 2015, all 200 Cemex UK's readymix plants will be shut. On this day, the Cemex 90minutes Step-in will take place, with 600 colleagues and 460 independent haulier contractors taking part in safety training to encourage them to ‘step-in’ and look after themselves and those working alongside them. Leeds plant is one of 200 plants to be closed on Monday for the Health & Safety awareness initiative The training has been developed internal... |
Torre Reforma: a concrete giant in Mexico City09 July 2015, Published under Cement NewsEven before its official inauguration in late 2015, Torre Reforma, designed by the Mexican architect Benjamín Romano from LBR&A Arquitectos, is already an architectural icon in Mexico. At 807ft and 57 levels, this emblematic corporate building is the tallest in Mexico City. Characterised by both its slimness and strength, the walls that serve as the backbone of the tower were built with Cemex Fortis. The high-strength properties of this concrete allow it to bear the weight of the slabs, wh... |
Fitch upgrades TCL's IDRs to 'B-'; Outlook Stable01 July 2015, Published under Cement NewsFitch Ratings has upgraded the Foreign and Local currency Issuer Default Ratings (IDRs) of Trinidad Cement Ltd (TCL) to 'B-' from 'D' and assigned an expected rating to the company's proposed senior secured term loan of 'B-(EXP)/RR4'. The rating Outlook is Stable The upgrade reflects the restructuring steps TCL has taken under the increased ownership, support and strategic guidance from Cemex (Cemex; 'B+'/Stable Outlook) following the default on its bank loans in September 2014. Fitch exp... |
Cemex invests GBP1m in new concrete plant16 June 2015, Published under Cement NewsCemex has invested GBP1m in a new concrete plant at its existing site in Leeds, UK. Cemex demolished the old plant in January 2015 after 63 years of operations. The new plant can batch 6m3 in around four minutes, or approximately 90m3 an hour. “The new plant has a simple and logical layout, and is well engineered,” said regional director Craig Williamson. “So for example, there is overhead storage for 500t of aggregates enabling it to go directly from the storage into the mixing area. We a... |
Cemex announces projects with international organisations to protect natural sites05 June 2015, Published under Cement NewsCemex announced today a joint project with the United Nations Educational, Scientific and Cultural Organization (UNESCO), the International Union for the Conservation of Nature (IUCN), Conservation International, and The WILD Foundation to promote awareness of natural sites of great relevance to all mankind. Iconic natural sites such as Galapagos Islands, the Okavango Delta, the Monarch Butterfly Biosphere Reserve, Ha Long Bay, or the Yellowstone National Park, are recognised by UNE... |
Cemex raised to Buy at Longbow28 May 2015, Published under Cement NewsCemex is upgraded to Buy from Neutral by Longbow, based on continually improving fundamentals in the cement industry with price increases of 8-10 per cent supported by volume growth of 6-8 per cent. In a report published Wednesday, Longbrow Research analyst said utilisation rates are climbing and contacts are concerned about available capacity in late 2015 and early 2016; these factors, including limited driver availability, suggest continued suppliers' pricing power. US driver A re... |
Cemex to double capacity at Luzon cement plant, Philippines15 May 2015, Published under Cement NewsCemex announced yesterday that it is undertaking a new US$300m investment in the Philippines involving the construction of a new 1.5Mta line at is Solid Plant in Luzon. The investment will double the capacity of the Solid plant and will represent a 25 per cent increase in Cemex's capacity in the Philippines. With the recent visit of Fernando A. Gonzalez, Chief Executive Officer of Cemex and his executive team in the country, highlighted by a meeting with His Excellency President Benigno S.... |
Cemex completes Apo Cement expansion05 May 2015, Published under Cement NewsCemex Philippines has inaugurated a new PHP3bn (US$67.3m) cement mill at its Apo Cement plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country. President Benigno 'Noynoy' Aquino III was guest of honour at the 1May 2015 ceremony which coincided with Philippine Labor Day celebration. The mill increases the capacity of Cemex's Apo Plant by 1.5Mta, resulting in an additional 40 per cent of the company's capacity in the Philippines. "We are convinced that cement m... |
New Caribbean Cement GM appointed27 April 2015, Published under Cement NewsCemex executive Alejandro Vares has been appointed general manager of Caribbean Cement Company Ltd (CCCL), replacing incumbent head Anthony Haynes, effective 4 May 2015. Vares will leave his position as Interim Country Manager of Cemex Costa Rica to join the Rockfort, Kingston-based cement producer, Caribbean Cement said in a press release. The appointment was approved by the Board of Directors on Thursday. Haynes will serve until the end of April, then transition to a new position ... |