Cement News tagged under: Central America
CEMEX's net sales grow 13% in 3Q2231 October 2022, Published under Cement NewsCEMEX announced continued solid top line growth in the 3Q22. Net sales grew by 13 per cent to US$3,956m while net income of reached US$494m. Pricing was the main driver with cement, ready-mix and aggregates, increasing by double digits. “Our pricing achievements this year have allowed us to more than offset inflationary costs in dollar terms, but stubbornly high inflation and supply chain headwinds have delayed our ability to regain margins. We are fully committed to margin recovery an... |
US and Puerto Rico Portland and blended cement market expands 7% in August28 October 2022, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico saw a 7.3 per cent YoY advance to 10.9Mt in August 2022, according to the US Geological Survey (USGS). The country’s leading markets included Texas, California, Florida, Illinois and Ohio, where 36.6 per cent of sales were delivered. The leading producing states for Portland and blended cements were Texas, Missouri, California, Florida and Michigan, which accounted for 37.2 per cent of cement produc... |
Fiona sends Puerto Rican cement sales down27 October 2022, Published under Cement NewsHurricane Fiona has sent Puerto Rican cement sales in a downward spiral as sales in September 2022 dropped by 21.1 per cent YoY to 986,000 bags of 94lb, or 42,041t, the largest fall since 2020, according to Sin Comillas. Domestic cement production declined 17.5 per cent YoY to 509,900 bags, or 21,741t in September 2022. The decrease represents the first fall in six months. |
GCC posts 18% hike in 3Q net profit26 October 2022, Published under Cement NewsGCC reported an 11.8 per cent YoY increase in sales to US$352.8m in the July-September 2022 period from US$315.4m in the year-ago period. EBITDA in the 3Q22 advanced by 6.6 per cent YoY to US$117.4m. Meanwhile, the consolidated net profit of GCC increased by 18.4 per cent YoY to US$69.5m in the 3Q22 when compared with US$58.7m in the 3Q21. “Once again we achieved an extraordinary performance. The results of the third quarter reflect that GCC continues to successfully mitigate the impacts o... |
CEMEX affiliate signs Mexican recycling agreement06 October 2022, Published under Cement NewsThrough its affiliate Pro Ambiente, CEMEX will work with Tetra Pak and the government of the Mexican city of Querétaro to recycle over 1.5m beverage cartons per month. Pro Ambiente, through its Broquers Ambiental facility, processes nearly all the municipal waste generated in Querétaro, recycling approximately 4500tpm of solid residue. The waste is used as a climate-friendly fuel to power CEMEX's operations in Mexico. Thanks to this process, CO 2 emissions into the atmosphere are reduc... |
Cement deliveries in USA and Puerto Rico remain stable in July28 September 2022, Published under Cement NewsPortland and blended cement shipments in the USA and Puerto Rico remained stable at 9.6Mt in July 2022 when compared with July 2021, according to the US Geological Survey (USGS). Cement consumption was the highest in Texas, California, Florida, Ohio and Georgia received together 37.5 per cent of July shipments. The leading producing states for Portland and blended cement were Texas, Missouri, California, Florida and Michigan, which combined accounted for 38.9 per cent of cement production. ... |
CEMEX reaffirms commitment to UN SDGs21 September 2022, Published under Cement NewsCEMEX 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 printing16 September 2022, Published under Cement NewsCementos 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 August13 September 2022, Published under Cement NewsCement 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 Republic12 September 2022, Published under Cement NewsCEMEX 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... |