Cement News tagged under: Central America

RSS feed

Cemex releases its 2021 integrated annual report

29 March 2022, Published under Cement News

Cemex has launched its 2021 Integrated Report: 'Building a Better Future,' which includes a comprehensive analysis of the company’s strategic vision, operational performance, corporate governance, and value creation. The report highlights the company’s essential value of its industrial activity, climate action strategy,  commitment to innovation in the industry and unlocking new opportunities, as well as its focus on employee safety and wellbeing. "Despite another year full of unique c...

Elementia to invest US$40m in El Salvador

18 March 2022, Published under Cement News

Mexico-based Elementia is investing US$40m in its Cementos Fortaleza plant in Acajutla, El Salvador. The project will add 0.3Mta of cement capacity to the country and is expected to start operation in the 1Q23. “The new 0.3Mta Cementos Fortaleza plant, which is expected to start operations in the first quarter of 2023, will be built in El Salvador due to its strategic location in Central America, with access to key ports, a climate positive in terms of foreign investment and the right char...

Puerto Rican cement sales decline 13% in February

17 March 2022, Published under Cement News

In February 2022 cement sales in Puerto Rico declined 13.3 per cent YoY to 1.18m bags of 94lb, or 50,312t, according to Puerto Rico’s Institute of Statistics. However, cement output increased 4.1 per cent YoY to 26,478t. Production had been falling for eight of the last 10 months, reports Sin Comillas.

Azul head office seized amid dispute

15 March 2022, Published under Cement News

The Board of Directors of La Cruz Azul, headed by José Antonio Marín and Víctor Manuel Velázquez, took over the company’s offices in Colonia del Valle, Mexico City, on 11 March 2022. While the Marín and Velázquez group maintained that the action was carried out on the basis of a court ruling, the dissident cooperative members led by Federico Sarabia and Alberto López denounced that it was an illegal seizure of the facilities, carried out by a "shock group" that threatened the employees wit...

US and Puerto Rican cement market expands 5% in December 2021

09 March 2022, Published under Cement News

Total shipments of Portland and blended cement shipments in the USA and Puerto Rico saw a 5.4 per cent uplift in December 2021 when compared with December 2020, according to the US Geological Survey (USGS). The largest markets in the uSA were Texas, Florida, California, Georgia and North Carolina, which accounted for 42 per cent of shipments in December 2021. The leading producing states for this type of cement were Texas, Missouri, California, Florida and Alabama. Masonry cement shipments ...

Honduras sees cement price increase

07 March 2022, Published under Cement News

The price of bag of cement in Honduras has edged up HNL10 in the last few days, making civil works and access to housing for the local population more expensive, according to La Tribuna. A 46kg bag of cement now costs HNL210, up from HNL200 last month, in the capital Tegucigalpa’s shops, said Silvio Larios, executive director of the Honduran construction chamber, CHICO.

Cemex joins Corporate Leaders Group Europe

01 March 2022, Published under Cement News

Cemex has joined the Corporate Leaders Group Europe, convened by the Cambridge Institute for Sustainability Leadership in support of a climate neutral economy. The company aims to deliver to all customers globally net-zero concrete by 2050 as part of its Future in Action strategy and is the first in the sector to set a target of at least 55 per cent CO 2 reduction by 2030 in its European operations.  Sergio Menendez, president for Cemex Europe, Middle East & Africa region said: "W...

Cemex makes corporate governance changes

28 February 2022, Published under Cement News

Continuing its longstanding commitment to develop its corporate governance towards global best practices, Cemex has announced a series of significant corporate governance changes.   Beginning with Cemex’s ordinary general shareholders meeting scheduled to be held on 24 March 2022, each director candidate will stand for election on an individual basis, meaning that voting at the meeting will no longer be on a ‘group slate’ basis. Additionally, as part of the company’s ongoing focus on e...

Cement demand in El Salvador sees 33% hike in 10M21

22 February 2022, Published under Cement News

Apparent cement consumption in El Salvador increased 33 per cent YoY to 1.437Mt in the 10M21 from 1.086Mt in the 10M20, according to the country’s construction chamber, CASALCO. Cement prices have increased with cement delivered ex-works (including VAT) up 6.9 per cent YoY to US$8.09/bag of 42.5kg in January 2022 from US$7.57/bag in January 2021. At the retail level, prices increased by 5.6 per cent YoY to US$8.83/bag in January 2022 from US$8.36/bag.

Cementos Argos erects industrialised plant for concrete modular solutions

21 February 2022, Published under Cement News

With the installation of the first industrialised plant for concrete modular solutions in Colombia, Argos will begin to produce and market modular solutions in concrete for building houses and infrastructures in series.   The plant will begin operations at the end of the 1H22, allowing the construction of an estimated 500 homes by the end of this year. This endeavour will generate 60 direct and 300 indirect jobs. All this is part of Argos’ commitment to sustainable construction, climat...