Cement News tagged under: Cemex

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Philippines: gearing for growth

30 June 2017, Published under Cement News

Cement producers in the Philippines are gearing for growth, outlining new plant projects to ensure they are prepared to address the demand of anticipated public and private infrastructure spending. Cement demand in the Philippines has taken off in recent years, largely due to government infrastructure investment as well as industrial and commercial sector activity. Domestic cement consumption in 2016 amounted to just under 26Mt, up 6.6 per cent YoY despite a slowdown in the fourth quarter ...

Four Cemex US plants earn Energy Star certification

23 June 2017, Published under Cement News

Four Cemex USA cement plants achieved the US Environmental Protection Agency’s Energy Star® certification for 2017, recognised for their efforts in energy efficiency and sustainability. The Brooksville, Miami, Clinchfield and Victorville plants achieved the certification by ranking in the top 25 per cent for energy conservation when compared to similar US facilities. Each plant also had to meet the technical requirements of the Energy Star Plant Energy Performance Indicators. Throughout th...

Cemex takes top spots in USGS quarry rankings

22 June 2017, Published under Cement News

New rankings from the US Geological Survey (USGS) have listed three of Cemex USA's quarries in the top 25 Crushed Stone Operations in the nation, with Balcones Quarry taking the top spot. Statistics from the USGS recently released show Cemex’s Balcones Quarry in New Braunfels, Texas, was the number one quarry in the United States for production volume in 2015, and Cemex’s FEC Quarry in Miami ranked fourth. Cemex notes that the Balcones Quarry is integral in providing crushed stone for ag...

S&P puts Cemex ratings on Watch Positive

20 June 2017, Published under Cement News

S&P Global Ratings has placed its 'BB-' global scale and 'mxA-/mxA-2' national scale ratings on Cemex on CreditWatch with positive implications. The recovery rating on all Cemex's rated senior debt remains at '3', which indicates that bondholders can expect a meaningful (50-70 per cent, in the higher band of the range) recovery in the event of a payment default.   S&P writes: "Following our 30 January 2017 upgrade of Cemex, our base-case scenario assumed that the company would remain commit...

Cemex further expands Construrama network in Latin America

16 June 2017, Published under Cement News

With the opening of its 300th store in Colombia, Cemex’s Construrama network consolidates its position as the broadest building materials distribution network in Mexico and Colombia and continues its growth in other Latin American countries. Looking to bring distributors closer to the construction business, Cemex rolled out its Construrama initiative in 2001. Today, Construrama is the leading building materials distribution network in Mexico, with over 1700 retail stores in more than 600 ci...

Mexico recognises nine Cemex plants for environmental achievements

15 June 2017, Published under Cement News

Nine Cemex cement plants in Mexico have received Recognition of Environmental Excellence by the Federal Attorney for Environmental Protection. The works of Atotonilco, Barrientos, Ciudad Valles, Ensenada, Mérida, Monetrrey, Tamuín, Torreón and Zapotiltic all received the award. Recognition of Environmental Excellence is awarded to companies whose operations demonstrate continuous improvement in environmental performance, as well as a commitment to preserving the environment and a high...

Cemex to boost investment in Egypt

12 June 2017, Published under Cement News

Cemex plans to boost its investments in Egypt, according to Cemex Egypt’s President, Ramon Piza. The company, which owns a 5.5Mta plant at Assiut, plans to invest US$20m in the country this year, Piza said following a recent meeting with Egyptian Minister of Investment and International Cooperation, Sahar Nasr, in Cairo, according to Egypt Daily news. Mr Nasr has welcomed the Mexican company's intention to increase its investments in Egypt, pointing out that the new investment law ratified...

Cemex UK installs Terex Fuchs SHL885

08 June 2017, Published under Cement News

Cemex UK have recently taken delivery of the world’s first electrically-powered Terex Fuchs SHL885 material handler, supplied by UK distributors Blue Fuchs. Representing a total investment of GBP1.5m, the new 95t material handler is mounted on rails on a jetty at Cemex’s Dagenham Wharf operation, on the river Thames, where it is used to unload ships delivering limestone from Raynes Quarry, in north Wales. Capable of travelling along virtually the entire length of the jetty, the machine’...

Cemex Philippines sees 2H acceleration

08 June 2017, Published under Cement News

Cemex Holdings Philippines Inc is optimistic that its sales volumes will recover from the subdued first quarter and grow by three per cent by the end of the year from the 5.1Mt of cement it sold in 2016, the Manila Bulletin reports. In an interview after the firm's annual stockholders' meeting, Cemex Vice President for Communications, Marketing and Investor Relations, Paul Vincent Arcenas, said they expect a rebound in sales volume in the second half of the year. "The second half is (e...

Cemex terminals achieve Energy Star Challenge

07 June 2017, Published under Cement News

Two Cemex USA terminals have achieved the US Environmental Protection Agency's Energy Star® Challenge for Industry by reducing greenhouse gas emissions through energy conservation. The terminals, located in La Mirada and San Diego (CA), each reduced their energy consumption by more than 10 per cent. In 2016 Cemex USA conducted pilot programmes at its California terminals to cut energy use. The San Diego terminal achieved an impressive 12.2 per cent reduction in 2016, compared to the prior ...