Cement News tagged under: Grupo de Cementos de Chihuahua
Grupo Cementos de Chihuahua becomes GCC25 March 2021, Published under Cement NewsMexico-based cement producer Grupo Cementos de Chihuahua has formally approved its name change to GCC at an Extraordinary General Meeting on 23 March 2021. Luis Carlos Arias, GCC’s CFO, said: “We changed the name to GCC to better reflect our 2025 vision: to be the best cement company in North America with the proper balance of people, profit and the planet. It unifies our brand in multiple countries, mirrors the stock ticker and reflects how the market best knows us.” Luis Carlos added, “I ... |
CRH02 July 2018, Published under Cement NewsWith the beginning of 2019, CRH will have a new global Building Products division, which will combine the Europe Lightside, Europe Distribution and Americas Products divisions. Following the recent sale of the North American distribution activities, CRH has announced that it has started on a strategic review of the Europe Distribution activities, with the aim of improving margins and the return. CRH is selling its 0.3Mta cement plant at the Three Forks cement works in Montana to Grupo Cem... |
GCC reports record 11M cement sales14 December 2017, Published under Cement NewsGrupo Cementos de Chihuahua SAB de CV (GCC) reports total cement sales volumes for the company reached almost 4Mt for the January-November period, a new record for the company. GCC's total cement sales volumes increased 18.2 per cent in the first 11 months of 2017, after strong cement sales in October and November in the USA. GCC's Chief Executive Officer, Enrique Escalante, said: "GCC reached record cement sales volumes as a result of strong demand and high level of backlog in our co... |
Cemex intends to reduce its US exposure to reduce debt03 May 2016, Published under Cement NewsIn a further effort to reduce its high gearing, which stood at 180.1 per cent at the end of March, Cemex has agreed to sell assets worth US$400m to a US subsidiary of the Mexican Grupo Cementos de Chihuahua. The deal includes two cement plants – a 0.76Mta integrated plant in Odessa, Texas and a 0.57Mta integrated plant in Lyons, Colorado – as well as three cement terminals and building materials businesses in Texas and New Mexico. Plans are in hand, however, to increase the capacity o... |
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