Cement News tagged under: Central America

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CEMEX reaffirms commitment to UN SDGs

21 September 2022, Published under Cement News

CEMEX has announced that it is reaffirming its commitment to the United Nation’s Sustainable Development Goals (SDGs), particularly those focused on climate action; sustainable cities and communities; responsible consumption and production; and industry, innovation and infrastructure. CEMEX CEO, Fernando A González, participated in a CEO roundtable hosted by UN Secretary-General António Guterres at the UN’s New York City headquarters on 19 September 2022. The roundtable included 11 CEOs...

Cementos Progreso leads the way in 3D printing

16 September 2022, Published under Cement News

Cementos Progreso , the largest cement company in Guatemala, is harnessing the power of 3D printing to help reduce the housing deficit in Latin America. The company has installed the country’s first 3D concrete printer, developed by COBOD International, becoming COBOD’s first Latin American partner. Cementos Progreso has also inaugurated a new Innovation and development Centre in Guatemala for the research and development of 3D printing technology for the construction sector. According ...

Puerto Rican cement sales advance 6% in August

13 September 2022, Published under Cement News

Cement sales in Puerto Rico reached 1.33m bags, or 56,711t, in August 2022. This represents an increase of 5.5 per cent YoY and of 18.8 per cent when compared with August 2019, according to Sin Comillas. Cement output expanded 34.9 per cent YoY to 33,643t in August 2022, up 34.9 per cent YoY. It is the fifth consecutive monthly increase and the largest in three months.

CEMEX restarts line in Dominican Republic

12 September 2022, Published under Cement News

CEMEX has restarted the 0.5Mta Line 1 at its San Pedro de Macorís plant in the Dominican Republic. The US$34m upgrade project began in 2021 and forms part of the company’s expansion plans to help support local cement demand in the country. The next stage of the expansion plans includes increasing production and dispatch capacity, as well as augmenting the use of waste-derived fuels, state-of-the-art additives, and expanding the pioneering use of hydrogen as a catalyst in its two produ...

US cement demand up 7% in June

08 September 2022, Published under Cement News

Portland and blended cement consumption in the USA and Puerto Rico increased seven per cent to 10.8Mt in June 2022, according to the US Geological Survey (USGS). A total of 36.7 per cent of demand originated from the top five cement-consuming states: Texas, California, Florida, Ohio and Illinois. Missouri, Texas, California, Florida and Michigan were the largest cement-producing states, accounting for 39.3 per cent of cement produced. US and Puerto Rican masonry cement shipments totalled 0....

Cruz Azul will see power supply restored

05 September 2022, Published under Cement News

Cruz Azul and Mexico’s Federal Electricity Commission have reached an agreement and the state power supplier must reconnect power to the cement plant in Tula, Hidalgo state, by 12.45h on Wednesday, 7 September, according to Federco Sarabia Pozo, president of Cruz Azul. The plant’s power supply was suspended 20 days ago as the cement companies had more than MXN300m in economic losses. Before the interruption to its power supply the plant worked at a 30 per cent capacity utilisation rate, re...

CEMEX closes the sale of its Costa Rican operations

02 September 2022, Published under Cement News

Through certain subsidiaries,  CEMEX has successfully closed the previously informed sale of its operations in Costa Rica and El Salvador to Cementos Progreso Holdings SL , for an approximate amount of US$329m, as per the terms of the transactional documents. The transaction, which was closed in line with the terms that had been disclosed on 29 December 2021, is an important step in meeting the goal of optimising the company’s global asset base through asset divestments under CEMEX’s st...

Cemex plans 30% expansion at Caribbean Cement Co

26 August 2022, Published under Cement News

CEMEX plans to expand the production capacity at its subsidiary in Jamaica, Caribbean Cement Co Ltd (CCCL). This expansion aims for an up to 30 per cent increase CCCL’s cement capacity, through an investment of approximately US$40m for the first phase of the project.   The announcement was made by CEMEX’s CEO, Fernando A González, during his visit to Jamaica, jointly with the Prime Minister of Jamaica, Andrew Holness, relevant officials of the Jamaican government and key representati...

Cement sales in Puerto Rico decline 16% in July

26 August 2022, Published under Cement News

Puerto Rican cement sales fell 15.7 per cent YoY in July 2022 to 1.12m bags of 42.6kg, or 47,712t, according to the country’s Institute of Statistics. The drop represents the largest fall in the past seven months. Sales were down 2.9 per cent when compared with July 2019. Cement production increased 21.3 per cent YoY in July 2022 to 739,000 bags, or 31,481t. While this represents the fourth consecutive month of advance, in the last three years output from domestic cement plants has decline...

Argos generates revenue of COP2.9trn in 2Q22

11 August 2022, Published under Cement News

Argos, ( Grupo Argos ) recorded revenues and strong demand for cement and ready-mix, mainly in the United States and Colombia, as well as stable operating results in an environment of high-cost inflation helped by its strategy, the flexibility of its fuel matrix and the partial hedging of fuel prices. From April to June 2022 (2Q22), the cement company generated revenues for COP2.9trn (US$670m), 15.3 per cent higher compared to the same months of the previous year. Also, it obtained an adj...