Cement News tagged under: Cemex

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Cemex supplies ready-mix concrete to Euro 2012 stadium, Poland

08 June 2012, Published under Cement News

Cemex announced today that it has provided 50,000m3 of ready-mix concrete for a state-of-the-art soccer stadium that will host several games of the UEFA EURO2012 Poland-Ukraine championship, including the game in which Spain will start the defense of its UEFA EURO2008 title, against rival Italy on June 10. The new PGE Arena Stadium in Gdansk, Poland, has a capacity of 42,000 spectators and won the Architecture and Design Award at the Stadium Business Awards in May 2012.  “Our participation...

Cemex to supply large Qingdao urban complex, China

01 June 2012, Published under Cement News

Cemex announced today that it is supplying nearly 60,000m3 of ready-mix concrete for the first stage construction of what is expected to be the largest urban complex in the Chinese city of Qingdao, in the eastern Shandong province. Qingdao is a major city with a population of approximately 7.6 million permanent inhabitants and in 2009 was named China’s most livable city by the Chinese Institute of City Competitiveness. Cemex was awarded the Hua Run Center project after a competitive biddin...

Cemex secures contract to supply concrete for Shetland Gas project

28 May 2012, Published under Cement News

The first batch of concrete from CEMEX UK has been delivered for the construction of a new UK£500m onshore gas plant in the Shetland Islands. The contract, providing over 25,000m3 over 12 months, was awarded by Morrison Construction, Galliford Try’s Scottish construction business. The Cemex solution to providing concrete in one of the remotest parts of Britain is the erection of a mobile plant on site, modified to deal with the anticipated cold weather, and the complex logistics co-ordinati...

Spanish cement woes continue

28 May 2012, Published under Cement News

Spanish cement consumption continues its downward spiral with latest data showing monthly figures hitting a 46-year low as budget austerity and high unemployment continue to inhibit activity. Depressed volumes are now forcing local producers to initiate restructuring and cost-cutting measures as the bottom of the decline is yet to be seen. Following the spectacular burst of the Spanish housing bubble in 1998, the country's residential sector has faced high housing inventory levels and a l...

Cemex to supply cement for Central America’s first Metro system

25 May 2012, Published under Cement News

Cemex announced today that it is supplying nearly 100,000t of cement for the construction of Line 1 of the Panama Metro, a stretch of approximately 14km that is intended to connect two key hubs of the metropolitan area of Panama City. With this project, Panama would become the first country in Central America with a Metro system. The Metro line will be both above and below ground and will require the construction of tunnels, trenches, and viaducts, as well as the railway. The Metro line wil...

Cemex UK's Barrington plant to be demolished

04 May 2012, Published under Cement News

Cemex UK confirms that it will not be bringing its cement plant at Barrington, Cambridgeshire back into production, but is moving to a phased demolition of the facility. Originally mothballed in November 2008, Cemex UK has concluded there is no economic case to re-start production. Commenting on the decision, Jesus Gonzalez, president Cemex UK operations said: "Regrettably we have come to the irreversible decision that Barrington Cement plant will not be bought back into production. Thi...

Cemex

03 May 2012, Published under Cement News

Cemex' first quarter turnover increased by 3.5% to US$3,502.6m and the EBITDA improved by 6.5% to US$567.3m. The trading profit continued to recover strongly and rose by 33.9% to US$240.4m. The net interest charge rose by 6.9% to US$338.5m and other financial items produced a substantial positive swing leading to a US$63.4m a pre-tax profit, compared with a loss of US$103.0m a year earlier. The effective net debt was 2% lower at US$17,158m, helped by a 58.2% reduction in perpetual notes out...

South & Central America drive Cemex higher

27 April 2012, Published under Cement News

Cemex’ first quarter turnover was up by 3.5 per cent to US$3502.6m and the EBITDA improved by 6.5 per cent to US$567.3m. The trading profit continued to recover strongly and rose by 33.9 per cent to US$240.4m. Fernando A Gonzalez, Executive Vice President of Finance and Administration, said, "The favorable performance in most of our regions leads us to believe that we are in the initial stages of a turnaround. "This is the sixth consecutive quarter of top-line growth in o...

Mexico's Cemex seen posting narrower quarterly loss

25 April 2012, Published under Cement News

Cemex is expected to cut its first-quarter losses by more than half from a year ago, helped by higher sales and a strong share price gain during the period. A Reuters poll among seven analysts showed Cemex would likely post a net loss of US$112m in the January-to-March period, compared with a loss of US$276m in the 1Q11. Quarterly sales are expected to have grown 3.7% due to stronger demand from the United States, Cemex's top market outside Mexico, and higher prices in that market. Euro...

UK: Cemex teams up with SITA to produce RDF

23 April 2012, Published under Cement News

Cemex UK has joined forces with SITA UK to produce all the refuse-derived fuel (RDF) to fire its Rugby cement kiln. SITA UK will build two recycling plants that will produce Cemex’s Climafuel brand of RDF from local residual household and business waste. Under the terms of the deal, SITA UK will be responsible for building and operating the plants – one in Birmingham, and another on land adjacent to the Rugby cement plant. The processing will involve sorting and shredding of material. ...