Cement News tagged under: Guatemala
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... |
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... |
Cementos Progreso emerges as a true regional player09 August 2024, Published under Cement NewsWhile Cemex has divested its Caribbean assets in the Dominican Republic, one company has jumped on the opportunity to expand its presence in the region. Guatemala-based Cementos Progreso (Cempro) is rapidly extending its reach in the Caribbean and Central America as it adds further cement capacity to its growing portfolio. The San Pedro de Macoris plant in the Dominican Republic will add 2.4Mta to Cempro's cement capacity by the 4Q24, when the transaction is expected to close. The acquisiti... |
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 ... |
CEMEX to buy clean energy from Acciona for Spanish operations25 July 2022, Published under Cement NewsCEMEX will purchase clean energy from energy supplier Acciona to power its cement operations in Spain, according to the cement company. The purchase agreement ensures supply of green energy to cover 30 per cent of the cement producer’s requirements in Spain. "This agreement shows our commitment to our clean energy transition, adding to the success of similar agreements in other geographies," said Sergio Menéndez, president of CEMEX Europe, Middle East, Africa and Asia. CEMEX also sees it... |
Cemex to sell Costa Rica and El Salvador operations to Cementos Progreso30 December 2021, Published under Cement NewsMexico-based Cemex has signed an agreement for the sale of its operations in Costa Rica and El Salvador with Guatemala’s Cementos Progeso Holdings, for the amount of US$335m, to be completed in the first quarter of 2022. The assets up for sale include an integrated cement plant, a grinding station, seven concrete plants, an aggregates quarry and a distribution centre in Costa Rica as well as a distribution centre in El Salvador. The disposal of the operations are in line with Cemex’s str... |
Cementos Progreso to increase its regional presence30 November 2021, Published under Cement NewsGuatemala-based Cementos Progreso (CEMPRO) is seeking to increase its participation in the regional market. Following the investment made at its San Gabriel plant in San Juan Sacatepéquez, the Guatemalan company is exploring various investment areas in Central America, according to a company spokesperson. It recently entered the Belize and Panama markets and strengthened its participation in Honduras where they hold a leading position. The firm also has presence in Colombia (South America). ... |
Cemex plans Guatemalan expansion17 September 2021, Published under Cement NewsCemex will increase its cement capacity in Guatemala by early 2023 with a new grinding mill at the Arizona facility in the port of San José. The new mill will increase cement capacity from 0.4Mta to 0.9Mta and will cost approximately US$25m. Cemex plans to produce low-carbon cements with the extra capacity. "This investment reinforces Cemex’s commitment to Guatemala’s development and reflects our confidence in the favourable outlook of the economy in the country and the region," said J... |
Cemex plans expansion of Puerto de San José plant26 March 2021, Published under Cement NewsCemex SA plans to invest close to US$16m in the expansion of its cement plant in Puerto de San José, department of Escuintla, Guatemala. Cemex Guatemala has submitted the environmental impact study (EIA) to the Ministry of Environment to develop the project called "Arizona plant capacity expansion". The project will be developed on a section of land within the company's facilities, which has a 1633m 2 occupancy area, a construction area of 1325m 2 and a land area of 51,764m 2 , represe... |
Peru cement prices among lowest in Latin America05 January 2021, Published under Cement NewsCapeco, the Peruvian construction chamber, reported that the average retail price for grey cement in Peru is around US$6.22 per 42.5kg bag – one of the lowest in Latin America. The highest price is paid in Argentina, where a bag of cement costs on average US$12.34, followed by Nicaragua, Uruguay, Guatemala and Paraguay, where a bag of cement costs around US$10. In Brazil, prices are the lowest at US$5.03/bag, according Capeco. In Chile a bag of cement retails at US$7.65 while in Colombia a... |