Cement News tagged under: latin america
Cemex launches Vertua in Florida25 June 2024, Published under Cement NewsCemex has announced that Vertua ® , its portfolio of sustainable products, is now available in Florida. Establishing the foundation for thousands of new homes in Sarasota County, Florida, this residential project showcases Cemex's commitment to environmental responsibility and advancing the construction industry toward a more resilient future, according to the company. Cemex was recruited by Rockwell Building Systems to fortify the homes with its Vertua lower-carbon concrete in Brightmo... |
CEMEX projects recognised by Wildlife Habitat Council12 June 2024, Published under Cement NewsThe Wildlife Habitat Council (WHC) has awarded four CEMEX projects across the US and Mexico for excellence in corporate conservation in the categories of Awareness and Community Engagement, Desert, Formal Learning and Training. The recognitions were unveiled during the WHC Conservation Conference in New Orleans, Louisiana. The projects recognised at the awards were: Student environmental education at the “Caliza y Arcilla” site in Tamuín, Mexico. Desert habitat restoration at Cerr... |
CEMEX launches new Vertua low-carbon product28 May 2024, Published under Cement NewsCEMEX Colombia has introduced a new Vertua lower-carbon mortar with a reduced carbon footprint of up to 40 per cent. This was achieved using more sustainable raw materials, better cementitious materials and a more efficient production process. CEMEX offers a wide range of mortars in its markets worldwide as part of its Urbanisation Solutions business. This latest mortar is part of the Vertua family of high-quality construction products, designed to have a positive impact on the planet... |
InterCement reaches debenture holder agreement13 May 2024, Published under Cement NewsInterCement Participaçoes SA has reached an agreement with its debentures holders to defer payments due under the series of Brazilian law-governed debentures issued by the company and issued by InterCement Brasil (ICB), which allow the company and ICB to preserve liquidity while negotiating a comprehensive finance plan. |
Holcim acquires concrete construction systems specialist Tensolite05 April 2024, Published under Cement NewsHolcim has signed an agreement to acquire Tensolite, a leading manufacturer of innovative precast and pre-stressed concrete construction systems with US$22m of net sales in 2023 and a strong presence in fast-growing Latin American markets. With plants and a distribution network across Argentina, Paraguay and Uruguay, Tensolite will expand Holcim’s Solutions & Products portfolio and strengthen its geographical footprint. Oliver Osswald, region head Latin America, said: “By acquiring Ten... |
Votorantim prices St Marys Cement Inc debt security notes for environmental performance03 April 2024, Published under Cement NewsVotorantim Cimentos SA has informed the general market that it has priced an offering in the international market of debt securities issued by its subsidiary St Marys Cement Inc , Canada of US$500m with 5.896 per cent yield per annum and 5.75 per cent coupon per annum. The yield will be payable semi-annually on the second day of April and October of each year, starting from 2 October 2024, and maturing on 2 April 2034. The Notes will have an environmental performance indicator (KPI)... |
A more concise InterCement Participaçoes01 March 2024, Published under Cement NewsThe last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement producers that are looking to make bids for further of the company's assets, making it likely that more divestments will be agreed before May and July, when the Brazilian company's latest set of debts are set to mature. Last week's statement from InterCement about having "received a series of inquiries and expressions ... |
Companies circle for InterCement's assets26 February 2024, Published under Cement NewsCompanhia Siderúrgica Nacional (CSN) and a consortium led by Votorantim Cimentos , including Polimix and Buzzi, have made binding proposals for the purchase of the assets in Brazil of Loma Negra 's parent company InterCement Participações (InterCement), according to a local source. InterCement has commented that it has received a series of inquiries and expressions of interest in its assets during recent months. BTG Pactual Bank is assisting in evaluating strategic alternatives, such... |
Argos' adjusted EBITDA totals COP672bn in 4Q2322 February 2024, Published under Cement NewsFor the fourth quarter of 2023, Argos ' adjusted EBITDA stood at COP676bn (US$172.2m), increasing 12 per cent compared to 4Q22. The results were driven by strong pricing dynamics, especially in the US, combined with cost efficiencies in both Colombia and the US. Adjusted EBITDA margin stood at 23.2 per cent for the quarter, increasing 393 basis points versus 2022 on a comparable basis. In terms of volumes, total cement dispatches reached 3.8Mt, with a contraction of 2.3 per cent, caus... |
Freehill Mining to supply Cementos Melón14 February 2024, Published under Cement NewsAustralia-based Freehill Mining Ltd has secured a purchase order from Chile’s Cementos Melón with a gross sales value of approximately US$185,000. The purchase order is for the supply of material to Melón’s Coquimbo cement plant from Freehill’s 100 per cent-owned Yerbas Buenas project in Maule Region, Chile. The material will be delivered over a two-month period, likely to commence in mid-March 2024. Although the volume and price secured per cubic metre under this purchase order has no... |