Cement News tagged under: Cemex

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South Ferriby Kiln 2 to start production in November

20 September 2018, Published under Cement News

Cemex plans to start up its second kiln at the South Ferriby plant in north Lincolnshire, UK, in November 2018. Initially installed in 1973, the kiln has a capacity of 1000tpd and has seen significant investment over the year to ensure compliance with environmental legislation. A recent modernisation programme has seen the renewal of electrical infrastructure, control system and instrumentation. The kiln was the first to achieve 100 per cent substitution of fossil fuels with alternative ...

Cemex would have investment grade until 2020

19 September 2018, Published under Cement News

The strategy to reduce the leverage level would allow Cemex to recover its investment grade in the first part of 2020, according to Citibanamex projections. "We expect the company to end 2018 and 2019 with a net debt/EBITDA ratio of 3.8 and 3.1 times, respectively. For the first half of 2020 the indicator would reach 3.0 times, excluding the sale of assets,” explains an analysis of the financial institution. However, the sale of assets would accelerate the process to obtain the investme...

Cemex USA acquires Texas quarry

13 September 2018, Published under Cement News

Cemex USA has purchased a limestone quarry in Chico, 45 miles northwest of Fort Worth in Texas, from Blue Star Materials II. Cemex will use the reserves which are expected to last another 25 years to supply aggregates for roads, bridges, commercial buildings, housing and other building projects in the state of Texas. The quarry covers 122ha. "The Dallas-Fort Worth area is expected to grow exponentially over the next 30 years," Cemex USA Regional President-Texas and New Mexico, Joel Galass...

Cemex seeks increased exploitation of Can Negret quarry

10 September 2018, Published under Cement News

Cemex has filed an appeal for reversal of the Government resolution regarding the cement producer’s exploitation of the Can Negret quarry in Alaró, Spain. Cemex extracts limestone from the quarry for its Lloseta cement plant and wants to exploit the quarry until 2042 (and to 2072 with an extension) and over an area of 483,734m 2 . The government has agreed only to a term until 2032 (2037 including the restoration phase) and over an area of 452,621m 2 . In addition, the extraction volume h...

Cemex Costa Rica receives Wildlife Habitat Council Conservation Certificate

06 September 2018, Published under Cement News

The Wildlife Habitat Council has awarded Cemex Costa Rica with the Conservation Certificate for the company’s support to the El Paso Monkey Biological Corridor. The project quantified the forest reserves at the quarries of the Colorado plant and obtained an inventory of tree species to identify the most suitable species for the reforestation of a 2ha area. In addition, the cement producer helped to set up a forest brigade and made an agreement with he National System of Conservation A...

Mexican cement prices forecast to rise in 2018

04 September 2018, Published under Cement News

Cement prices in Mexico are expected to continue their rise this year. Cemex increased its cement price at the start and in the middle of the year by Cemex, "We have announced two price increases so far this year. The increase executed in cement was four per cent in the first six months of the year, compared to the same period of the previous year. In line with what we mentioned at the beginning of the year, we have adjusted our pricing policy to compensate for the impact of inflation," acco...

Cemex's Davenport site still seeks new use

16 August 2018, Published under Cement News

Cemex's Davenport facility in Iowa, USA, has remained empty since the plant was closed in 2010. Cemex maintains ownership of the plant, and while it has been in negotiations to sell the site, the talks with an aviation company have stalled. The preferred bidder, Joby Aviation, is no longer planning to move its production to part of the empty 104-acre Cemex site, founder and CEO, Joe Ben Bevirt confirmed Monday. Instead, the company is in talks with the city of Marina to open a new product...

Cemex Latvia's turnover rises 35% with strong export sales

09 August 2018, Published under Cement News

Cemex generated EUR78.067m turnover in Latvia in 2017, up 34.6 per cent against 2016, selling 970,000t of cement, while the copany's share of export sales grew to 70 per cent. Growth was recorded in all segments thanks to a robust growth of the Latvian construction sector in 2017. Growing exports to markets such Sweden and Finland as well as sales in Estonia, Lithuania and Belarus compensated for the sanctions-related drop in exports to Russia. However, interest and depreciation costs st...

Lloseta plant applies for raw material extension

02 August 2018, Published under Cement News

Cemex's Lloseta cement plant in Spain has applied for permission to extract a maximum of 15Mt of raw material from its quarry of Can Negret, Alaró, until 2032. The cement producers has presented the project to the Ministry of Treball in line with the Balearic mining ordinance of 2014. It also has drawn up a plan for the restoration following exploitation. The project will need to obtain permission from the environmental commission, according to Ultima Hora. The quarry is located in the t...

Cemex is working 24/7 to meet Philippine cement demand

30 July 2018, Published under Cement News

Cemex president and CEO, Ignacio "Nacho" Mijares, says Cemex's cement plants in plants in Antipolo and Cebu are having to work 24/7, in maximum capacity, to meet the market demand in the Philippines. The government’s PHP8trn (US$150.3bn) infrastructure programme is sending cement demand upward. "We recently were able to 'debottleneck' our dispatch which allows us to increase to half a million tons, the amount we can provide to the market. Going forward we will continue looking for the deb...