Cement News tagged under: Central America
Ultracem welcomes President to discuss new plant20 November 2024, Published under Cement NewsUltracem management met with the President of the Republic of Guatemala. Members of Ultracem's management team, both from the corporate and the operation in Guatemala, had an audience last Friday with His Excellency the President of the Republic of Guatemala, Bernardo Arévalo, at the National Palace. During the hearing, Ultracem representatives commented to the president about the important investment of US$40m new cement plant that will allow the company to become an important player in th... |
US cement sales drop sharply in August14 November 2024, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico amounted to 9.926Mt in August, down 8.9 per cent YoY from the 10.901Mt recorded in August 2023, according to data published by the US Geological Survey (USGS). Excluding for sales to Puerto Rico and overseas territories, cement consumption in the US fell 8.8 per cent YoY to 9.804Mt, down from 10.752Mt a year earlier. The key consuming states were, in descending order, Texas, California, Florida, O... |
Puerto Rico’s cement market expands 15% in October12 November 2024, Published under Cement NewsPuerto Rican cement sales saw 15.2 per cent growth to 1.4m bags of 94lb, to 59,693t in October, according to data published by the Economic Development Bank (BDE). The October data mark a second-consecutive monthly increase after a 4.9 per cent drop in August and are the highest in 19 months. “We see a recovery in the construction sector, particularly in cement sales, which predicts a good impact on infrastructure development and job creation in Puerto Rico. Although fiscal year 2024 close... |
Hurricane Beryl impacts Caribbean Cement 3Q profit04 November 2024, Published under Cement NewsCaribbean Cement Co reported an 11.2 per cent YoY drop in sales to JMD6.2bn (US$39.2m) as Hurricane Beryl hit the company’s sales in the July-September 2024 period. Operating profit contracted by 75.7 per cent YoY to JMD600m in the 3Q24 from JMD5.8bn in the year-ago period. The hurricane also affected the company’s ability to resume production after the major shutdown and increased operating costs related to a scheduled plant maintenance shutdown, according to Our Today News. Net incom... |
US and Puerto Rican cement markets contract in July30 October 2024, Published under Cement NewsTotal deliveries of Portland and blended cement in the USA and Puerto Rico slipped 2.9 per cent YoY to 9.29Mt in July 2024 when compared with July 2023, according to the US Geological Survey (USGS). Texas, California, Florida, Ohio and Illinois were the largest off-takers of Portland and blended cement in July, accounting for 38.5 per cent of shipments in the month. The leading producing states for Portland and blended cement in July – Texas, Missouri, California, Florida, and Michigan ... |
Cemex reports 3Q24 net sales of US$4bn29 October 2024, Published under Cement NewsCemex reported an EBITDA of US$747m and net sales of US$4.09bn in the 3Q24 in a period. Weather impact accounted for a little less than half of the LtL EBITDA shortfall in the quarter. Consolidated net income grew more than 200 per cent compared to the prior year. Cemex’s pricing strategy continued to be supportive in a lower volume environment, with prices for its products rising low-single digits. During the quarter, Cemex announced divestments of US$1.4bn, bringing YtD announced divesti... |
Puerto Rican cement consumption increases 3% in September29 October 2024, Published under Cement NewsPuerto Rico’s cement market contracted by 4.9 per cent YoY, seeing sales of 52,185t in August 2024 when compared with sales of 54,868.8t in August 2023, according to the Center of Economic Studies of the Economic Development Bank for Puerto Rico. However, sales edged up by 2.8 per cent YoY to 51,866.8t in September 2024 from 50,481t in September 2023. Meanwhile, domestic production fell by 16.9 per cent YoY to 27,306.6t in August 2024 when compared with 32,844.6t in August 2023. In additio... |
Puerto Rico’s cement market contracts in June but sees July recovery28 October 2024, Published under Cement NewsPuerto Rican cement sales declined by 6.9 per cent YoY to 50,694t in June 2024 from 54,442.8t in June 2023 but recovered in July, increasing by 12.9 per cent from 48,478.8t in July 2023 to 54,698.4t, according to the Center of Economic Studies of the Economic Development Bank for Puerto Rico. In terms of production, total volumes by the country’s cement producers Cemex and Argos dropped by 18.9 per cent to 28,329t in June 2024 from 34,932t in June 2023. In July output advanced by 16.2 per ... |
ADOCEM signs training and research agreement with BARNA21 October 2024, Published under Cement NewsThe Dominican Association of Portland Cement Producers, ADOCEM, and the BARNA High Management School have signed a collaboration agreement to strengthen the link between the cement industry and academic training. The agreement, signed by the president of ADOCEM, Giuseppe Maniscalco, and the rector of BARNA, Paulo Alves, establishes a series of joint initiatives that include the realisation of workshops, the participation of BARNA professors in ADOCEM events and other academic activities by... |
RBL-REI complete Cruz Azul conveyor installations10 October 2024, Published under Cement NewsRBL-REI, the France-based industrial equipment supplier, has successfully installed an innovative conveyor system for limestone and petcoke handling for Cooperative La Cruz Azul in Mexico. The Lagunas cement plant in the state of Oaxaca, has received a 300tph conveyor belt for petcoke handling and a 1400tph. Limestone conveyor. The belt conveyors sizes measure 20 and 48 inches, respectively. The first conveyor is strategically designed for efficient limestone transport between the pr... |