Cement News tagged under: Central America
Holcim to invest US$55m in Tabasco mill15 February 2024, Published under Cement NewsHolcim Mexico plans to invest US$55m in the construction of a new grinding mill at its plant in Macuspana , Tabasco, Mexico. The new mill will increase cement capacity at the facility to 1.5Mta. This investment in Tabasco reflects our firm belief in the potential of southeastern Mexico and our commitment to the sustainable development of the region," said Jaime Hill, Holcim Mexico's CEO, in a statement. "Through this expansion, we will not only increase our capacity to supply the state... |
CEMEX secures CDP 'A' rating for environmental stewardship12 February 2024, Published under Cement NewsCEMEX has been recognised by CDP, a by the global non-profit environmental organisation, securing a place on its annual ‘A List’, for environmental leadership and transparency in climate action. Based on data reported through CDP’s 2023 Climate Change questionnaire, CEMEX is one of a small number of companies that achieved an ‘A’ out of over 21,000 companies scored. Since the launch of its Future in Action program in 2020, Cemex has reduced its CO2 emissions by 13 per cent, a reduction ... |
CEMEX reports 8% sales growth in 4Q2309 February 2024, Published under Cement NewsCEMEX has reported an eight per cent growth in sales in the 4Q23, plus a 20 per cent increase in EBITDA and a more than doubling of free cash flow (FCF) after maintenance capex to US$1.2bn. CEMEX reported an EBITDA margin of 19.2 per cent, an expansion of two percentage points, achieving its stated goal of recovering 2021 margin. Record EBITDA of approximately US$3.35bn and a turnaround in working capital investment significantly contributed to a six-year high in FCF after maintenance c... |
CEMEX UK tackles shipping emissions09 February 2024, Published under Cement NewsWork will begin in April this year on a new demonstrator of a smart shore power system at CEMEX ’s wharf in Shoreham, UK. Working in partnership with University of Warwick and advanced system integrator, iconsys, CEMEX is developing an intelligently-managed shore power system demonstrator, specifically tailored to understand fluctuations in electricity demand of self-discharging commercial vessels. The UK Department of Transport has awarded the project a grant of nearly GBP1.7m (US$2.15m... |
Puerto Rico’s cement market expands 8% in January08 February 2024, Published under Cement NewsPuerto Rican cement sales increased 7.7 per cent to 539,034t (1.189m bags of 42.5kg) in January 2024 from 500,286t (1.103m bags) in January 2023, according to the Puerto Rican statistics agency. However, domestic production fell by 14.4 per cent YoY to 291,770t (643,352 bags) in January 2024 from 340,739t (751,329 bags). Domestic consumption 6,670,252t, or 14.708m bags, in 2023, representing a 1.3 per cent increase when compared with 2022, when demand stood at 6,586,678t (14.524m bags) acco... |
Enhancing productivity dominates construction start-ups, reports CEMEX26 January 2024, Published under Cement NewsCEMEX Ventures, the corporate venture capital and open innovation unit of CEMEX, has released its list of the most promising construction technology (Contech) start-ups of 2024. The list reveals the most disruptive start-ups that are redefining the construction industry according to the corporate venture capital’s four strategic focus areas: green construction (sustainability), enhanced productivity (efficiency), construction supply chain (agility), and future of construction (disruption).... |
CEMEX joins CCS+ Initiative19 January 2024, Published under Cement NewsCEMEX is the first company in the cement industry to join the CCS+ Initiative, a multi-stakeholder platform developing a comprehensive carbon accounting framework for certifying industrial carbon projects. This framework aims to encompass solutions for carbon capture, utilisation, storage, and removal, contributing to the decarbonisation of industrial value chains. The CCS+ Initiative aims to scale cutting-edge climate technologies by developing a robust carbon accounting infrastructure ... |
US cement market contracts by 4% in October12 January 2024, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico declined by 3.6 per cent YoY to 10.1Mt in October 2023, reports the US Geological Survey (USGS). Of the total blended cement volume, 5.6Mt, or 99 per cent, was estimated to be Portland limestone cement. The main markets for these types of cement were Texas, California, Florida, Ohio and Georgia, which accounted for 36.9 per cent of shipments. The leading producing states were Missouri, Texas, Califo... |
Cementos Cienfuegos reports progress rehabilitation programme29 December 2023, Published under Cement NewsCementos Cienfuegos SA, the largest cement factory in Cuba, is making progress in its rehabilitation, the plant's management reports. The plant currently runs at 30 per cent of its 1.6Mta nominal capacity but modernisation is under way. The first results of a foreign currency raising programme are starting to be seen, according to National Television News, with Cienfuegos Financial Manager, Angel García de León, saying that the first shipment took place in November. The plant is planning... |
CEMEX supports zero emission hydrogen start-up21 December 2023, Published under Cement NewsCEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, has increased its stake in HiiROC, a UK-based start-up that produces cost-competitive and zero-emission hydrogen through its proprietary process of thermal plasma electrolysis. While hydrogen is becoming an increasingly promising alternative energy source and feedstock for a wide and diverse set of industrial processes, existing solutions are traditionally either high emission or high cost. Alternatively, HiiROC... |