Cement News tagged under: Central America
S&P upgrades CEMEX's credit rating15 March 2024, Published under Cement NewsRating agency Standard & Poor’s (S&P) has upgraded CEMEX ’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. “Achieving an investment-grade credit rating from S&P is a very important milestone for CEMEX,” said Fernando A González, CEO of CEMEX. “While we had record results last year, this rating is recognition of successful execution against our medium-te... |
Holcim Mexico appoints Jorge Gonzalez as CFO15 March 2024, Published under Cement NewsJorge Gonzalez has been named as the new CFO of Holcim Mexico , the Mexican division of one of the largest global producers of building materials. This move, by the company, is reportedly aimed at strengthening their position as an industry leader in sustainable construction materials. The new CFO says, “I am excited to take on this new challenge at a key moment for Holcim Mexico, in which we are accelerating our growth in the country significantly.” This appointment comes after the exe... |
CEMEX Holding Philippines addresses plastic waste14 March 2024, Published under Cement NewsCEMEX Holdings Philippines Inc has teamed up with Liwayway Marketing Corp to address the management of plastic waste in the Philippines. Under the deal, Liwayway Marketing Corp, the country’s leading snack food supplier, will be channeling its post-consumer plastic packaging waste to CEMEX’s Solid cement plant for co-processing. The plastic waste will then be converted into alternative fuels and raw materials cement production at the plant. “At CEMEX, we are committed to solving envi... |
José María Barroso to lead Canacem11 March 2024, Published under Cement NewsJosé María Barroso Ramírez, CEO of Cemento Moctezuma , has been appointed as the new president of Mexico's cement association, Canacem, for 2024-25. He succeeds Jaime Hill Tinoco, CEO of Holcim México . Mr Barroso has more than 40 years of cement industry experience, having served previously as commercial director at Cemento Montezuma and more than 30 years at CEMEX . He graduated from the Instituto Tecnológico de Mérida, Yucatán, with a degree in industrial engineering and olds a Master... |
US and Puerto Rico cement consumption slips in 202305 March 2024, Published under Cement NewsTotal US and Puerto Rican shipments of Portland and blended cement, including imports, remained stable at 7.1 per cent in December 2023, according to the US Geological Survey (USGS). Of total blended tonnage reported 3.7Mt, or 98 per cent, was estimated to be Portland limestone cement (Type IL). Texas, Florida, California, Georgia and North Carolina were the leading consuming states, accounting for 42.9 per cent of December shipments. The leading producing states for Portland and blended c... |
Mexico’s green wave05 March 2024, Published under Cement NewsThe decarbonisation message has resonated in Mexico where the cement industry has grasped the opportunity to become a leader in sustainable cement production. Infrastructure is benefitting from low-carbon cement solutions while cement companies invest in making their operations more sustainable. By ICR Research, UK. Mexico’s cement industry is tapping into the decarbonisation drive of the global cement industry, looking to reduce its carbon footprint (Pictured: Cementos Moctezuma’s... |
CEMEX pioneers micronisation for decarbonised cement01 March 2024, Published under Cement NewsCEMEX is decreasing CO 2 emissions in cement production by reducing the size of clinker particles. This process, called micronisation, when combined with the use of proprietary admixtures, allows cement to significantly reduce its clinker factor per tonne of cement, thereby minimising its carbon footprint. Additionally, clinker micronisation has the added feature of maintaining the specified development strength required by the highest global cement standards. CEMEX's clinker micronisa... |
Holcim Mexico is investing US$55m in new mill19 February 2024, Published under Cement NewsHolcim Mexico will invest US$55m in the construction of a new mill at its cement plant located in the municipality of Macuspana , Tabasco. The mill will process the company's ECOPlanet calcined clay cement range. The cement company added that the construction of the mill will help it increase its cement production capacity to 1.5Mta. The construction of the mill will generate 800 jobs during its construction and will increase the workforce of the Tabasco plant to more than 300 jobs onc... |
CEMEX and Orcan energy extend WHR agreement16 February 2024, Published under Cement NewsCEMEX and Orcan Energy have signed a large-scale partnership to decarbonise cement production through waste heat recovery (WHR). Building on the initial WHR collaboration at the cement plant in Rüdersdorf, Germany, the partners will now start to exploit Orcan Energy’s flexible and modular technology for CEMEX globally. CEMEX and Orcan Energy AG will analyse the scale-up of the heat-to-power solutions pioneered by Orcan Energy in parallel at several CEMEX plants to capitalise on the b... |
US and Puerto Rican market expands 3% in November15 February 2024, Published under Cement NewsTotal cement dispatches of Portland and blended cement in the USA and Puerto Rico, including imports, picked up by 2.6 per cent YoY to 8.7Mt in November 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 4.8Mt, or 99 per cent, was estimated to be Portland limestone cement. The leading markets in the US were Texas, California, Florida, Ohio and Georgia. The leading producing states for Portland and blended cement were Teas, Missouri, California, Florida ... |