Cement News tagged under: Central America
Puerto Rican cement sales fall 7% in May30 September 2024, Published under Cement NewsPuerto Rican cement sales in May 2024 declined 6.9 per cent YoY when compared with 1.3m bags of 42.6kg (94lb) or 55,380t, according to the Puerto Rican Statistics Institute. Sales had increased 7.5 per cent in April following a 17.1 per cent drop in March. In the first five months of the year, sales contracted by 4.2 per cent YoY. Production Cement production fell by 15 per cent to 31,609t (742,000 bags) in May 2024 – the fourth drop in five months. Output in the first five months of... |
Jamaica’s cement shortage ends30 September 2024, Published under Cement NewsJamaica’s cement shortage has ended. According to the minister for Investment and Commerce in Jamaica, Senator Aubyn Hill, the Caribbean Cement Co Ltd (CCCL) has assured him that adequate supplies of cement are now available to consumers. In a ministerial statement to members of the Upper House, Hill said the company told him on that enough cement was on the market for players in the construction industry. Earlier this month, CCCL confirmed that it could not meet the demand in the local... |
Cement demand in Panama contracts 3% in January-July 202418 September 2024, Published under Cement NewsCement consumption in Panama was down 3.1 per cent to 752,427t in the January-July 2024 period from 776,126t in the 7M23, according to INEC, Panama’s national institute of statistics and census. The drop in sales has been attributed to the slowdown in the construction sector, where private investment has decelerated. While some public works have been carried out, the segment was unable to offset lower sales elsewhere. Cement production declined by 12.7 per cent to 765,667t in the 7M24 from... |
US and Puerto Rican markets contract 13% in June16 September 2024, Published under Cement NewsShipments of Portland and blended cement in the USA and Puerto Rico, including imports, declined by 13.2 per cent to 9.34Mt in June 2024 when compared with June 2023, according to the US Geological Survey (USGS). The leading cement markets for Portland and blended cement were Texas, California, Florida, Ohio and Georgia, which accounted for a total share of 37.9 per cent of shipments. The key producing states were Missouri, Texas, California, Florida and Alabama. Masonry cement shipments d... |
Christian Dedeu named new Holcim general manager Mexico12 September 2024, Published under Cement NewsHolcim Mexico SA de CV has appointed Christian Dedeu as its new general manager for Mexico. He will succeed Jaime Hill, who was appointed as the company’s regional head of North America. Mr Dedeu had been serving as general manager of Holcim (Argentina) SA . He holds a degree in economics from Universidad del Salvador in Buenos Aires and an MBA from IAE Business School. Holcim Mexico said it expects that the appointmentt of Christian Dedeu will support the company’s sustainable growth ... |
Cemex sells operations in Guatemala11 September 2024, Published under Cement NewsCemex announced that it has sold its operations in Guatemala to Holcim Group , for a total consideration of approximately US$200m, with the transaction signed and closed 10 September 2024. The divested assets consist of one grinding mill, three ready-mix plants and five distribution centres. As of 31 December 2023, the grinding mill had an installed capacity of around 0.6Mta. Fernando A González, CEO of Cemex, said, “In 2024 we have accelerated the execution of our portfolio rebalan... |
Argos Panama’s strive for carbon neutrality10 September 2024, Published under Cement NewsArgos Panama (part of Cementos Argos SA ) is committed to making the construction of housing and infrastructure more sustainable. Gustavo Uribe, CEO of Argos Central America, highlights that this approach is reflected in a portfolio of environmentally responsible products manufactured in Panama’s first carbon-neutral cement plant. The company has been able to achieve such sustainability goals after completing the “Reduce Your Corporate-Carbon Footprint” programme set by the Ministry of th... |
Cemex joins initiative to lift Latin American living standards10 September 2024, Published under Cement NewsCemex has joined the "100,000 Pisos Para Jugar" ("100,000 Floors to Play") initiative alongside Habitat for Humanity and the Inter-American Cement Federation (FICEM). The initiative aims to replace 100,000 dirt floors with concrete in homes across Latin America and the Caribbean by 2028. Cemex will support this project in Colombia through its “Piso Digno” (Dignified Floor) programme, which has been providing families with the materials and technical support needed to improve their home f... |
Cemex completes divestment in Neoris for US$209m05 September 2024, Published under Cement NewsCemex has finalised the sale of its remaining stake in Neoris, a digital accelerator founded more than 20 years ago. The sale will enable the company to focus on its core business and in line with its current acquisition strategy and portfolio balancing. The 34.8 per cent interest in Neoris was sold for US$209m to digital transformation services company EPAM Systems, according to a statement issued by the latter. The sale agreement also provides for Cemex to continue as a customer of Neori... |
US and Puerto Rico cement markets contract in May19 August 2024, Published under Cement NewsIn May 2024 the USA and Puerto Rico reported a total of 0.56Mt of Portland and blended cement shipments, down 8.2 per cent YoY, according to the US Geological Survey (USGS). The leading cement-consuming states – Texas, California, Florida, Ohio and Georgia – received 39 per cent of shipments in May. The leading producing states for Portland and blended cement were Missouri, Texas, California, Florida and Alabama. Masonry cement shipments fell 7.2 per cent YoY to 203,000t in May 2024. The le... |