Cement News tagged under: Central America
GCC sees 16% rise in 1Q net sales27 April 2022, Published under Cement NewsGCC reported an 15.7 per cent advance in consolidated net sales to US$206.9m in the first quarter of 2022 when compared with the equivalent period of 2021. Operating income in the 1Q22 was 23.1 per cent higher at US$31.4m when compared with the 1Q21. In the 1Q22 EBITDA increased 10.2 per cent YoY to US$54.5m (1Q21: US$49.5m) with a margin of 26.4 per cent, down from 27.7 per cent in the 1Q21. However, net income dropped 14.3 per cent YoY to US$13.1m from US$15.3m in the 1Q21. As of 31... |
Cemex to increase capacity in Dominican Republic27 April 2022, Published under Cement NewsCemex is modernising its second line at the San Pedro Macorís plant in the Dominican Republic. The project will enable the company to increase its production by 0.5Mta. The equipment used in the project will use advanced technology to improve efficiency and maintain the highest international environmental standards, according to the company. It will allow the plant to increase its thermal substitution rate. The modernisation is part of a broader investment, which will also see the inst... |
Cementos Argos sets up Bermudan business unit26 April 2022, Published under Cement NewsColombia-based Cementos Argos SA has set up a new wholly-owned subsidiary, BMR Ltd. The new business unit in Bermuda is part of the company’s risk management strategy. With the new company, it aims to stabilise the total cost of risk in the long term, intervene more actively in the reinsurance and insurance market as well participate in taking predictable risks that have been studied and over which Argos has control. The creation of the company constitutes the implementation of "a good ... |
Cemex successfully converts kiln flue gases into nanomaterials26 April 2022, Published under Cement NewsCemex has announced that it has successfully tested a process that converts flue gases emitted by the cement kiln into carbon nanomaterials, thereby transforming ‘bad’ carbon into ‘good’ carbon. Due to their unique mechanical, thermal, electrical and chemical properties, carbon nanomaterials have several potential applications in a wide array of industries, from construction to biomedicine. This technology was born out of Smart Innovation, Cemex’s internal open innovation platform. Ceme... |
Cemex Ventures invests in Carbon Upcycling Technologies22 April 2022, Published under Cement NewsCemex Ventures ( Cemex Group ) is investing in Carbon Upcycling Technologies, a Canadian startup and global leader in developing carbon utilisation and grinding technologies for the cement industry. Carbon Upcycling's proprietary solution infuses carbon into a grinding process for industrial residues, such as slag and fly ashes, to produce a more reactive supplementary cementitious material. These materials can then be used to replace clinker in cement production. The blended cement an... |
Cuban cement plants intend to take output over 1Mta in 202220 April 2022, Published under Cement NewsWhile cement plants in Cuba will produce more cement in 2022, this would remain insufficient to meet national cement demand, according to the Cuban Ministry of Construction. It is expected that the country will output more than 1Mt in 2022, up from 0.8Mt in the previous year. The country has currently five cent plants with a further two under construction in Camagüey and Santiago de Cuba. If operating at full capacity they would be able to produce the 4Mt required by the domestic market. ... |
Puerto Rican cement sales down 7% in March19 April 2022, Published under Cement NewsIn March 2022 cement sales in Puerto Rico fell by 6.5 per cent YoY to 1.47m bags of 94lb, or 62,677t, according to the country’s Institute of Statistics. Despite the fourth-consecutive monthly fall, sales are 24.5 per cent above the pre-pandemic level. Cement production in March 2022 slipped 0.7 per cent YoY to 32, 618t (765,000 bags). Output from the country’s cement factories has fallen for nine of the last 11 months. |
Cemex signs alternative fuel agreement with 3M11 April 2022, Published under Cement NewsCemex has expanded its use of alternative fuels with an agreement with 3M in Panama to process their industrial waste. This collaboration aligns with Cemex’s Future in Action strategy to reduce its carbon footprint and contribute to a circular economy. This agreement adds to Cemex’s extensive capacity to repurpose society’s waste in its operations, reducing the carbon footprint of its own productions processes as well as the amount of waste sent to landfills. Decomposition in landfills pr... |
US Portland and blended cement market expands in January08 April 2022, Published under Cement NewsPortland and blended cement shipments in the USA and Puerto Rico, including imports, edged up to 6.6Mt in January 2022, according to the US Geological Survey USGS). The largest consuming states were Texas, Florida, California, Georgia and Arizona, who accounted for a total share of 51 per cent of these shipments. The leading producing states were Texas, California, Florida, Missouri and Alabama. Masonry cement shipments slipped to 175,000t in January 2022 when compared with January 2021. Fl... |
Plycem invests US$3m in microconcrete sheet production04 April 2022, Published under Cement NewsPlycem ( Elementia Group ) has announced the investment of US$3m in its manufacturing plant located in Cartago. With this, it seeks the automation of a new production line for ‘microconcrete’ sheets in Costa Rica. Microconcrete consists of a sheet with a lower technical specification than the fibre cement sheets that the company already produces. It is a 12mm thick product, made with Portland cement, expanded polystyrene or stereophonic beads, and reinforcing mesh. In the country, self-... |