Cement News tagged under: Cemex

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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...

Cemex's net sales rise by 7% in 2Q18

27 July 2018, Published under Cement News

Cemex's net sales increased by seven per cent during the 2Q18 to US$3.8bn versus 2Q17. Operating EBITDA increaed by four per cent during 2Q18 to US$714m versus 2Q17. Cemex's CEO, Fernando A Gonzalez, said: "We are encouraged by the very favourable dynamics we saw in most of our portfolio during the quarter, with improvements in pricing which should translate into higher profitability during the second half of the year. Our operations in the US and Europe indicate a strong sequential growth ...

Cemex UK closes old Thorpe HQ building

05 July 2018, Published under Cement News

This week Cemex UK's former office headquarters in Thorpe, Surrey, closes after 28 years and Cemex UK's HQ will now be run from Cemex House Rugby. The company has had close links with Rugby for nearly 150 years and today operates one of the most modern cement plants in the world located in the town. The new HQ was the former global head offices for the Rugby Group plc until 2000 and today, the legacy of the company is continued with the brand, Rugby Cement, one of most well-known brands in ...

Cemex Colombia to study solar farm construction

29 June 2018, Published under Cement News

Cemex Colombia, the mayor of Ibague and LG announced they will initiate the technical, economic and legal studies required to build a solar farm that will supply sustainable power Tolima’s public lighting system. The farm would be located on a 56ha site, owned by the Mayor’s Office on the Doima-Buenos Aires highway. Around 16ha of solar panels would be installed. The electricity generated could also be used at Cemex’s Tolima cement plant to reduce greenhouse gases.

Cemex UK moves to Rugby

19 June 2018, Published under Cement News

Cemex UK is moving its headquarters from Thorpe, Surrey, to its offices in Rugby, Warwickshire, to create a new HQ from 1 July 2018, said the company in a statement. The company has had close links with Rugby for nearly 150 years and operates one of the most modern plants in the town. To date the location has provided a regional centre for the company. From 1 July the senior leadership team and all back-office functions such as Taxation, Communications and Human Resources will be based at...

Cemex raises cement price 5% in Mexico

12 June 2018, Published under Cement News

Cemex has increased the price of cement in Mexico by five per cent last week, making it the second price rise by the company this year. The increase applies to national sales of bagged cement. The increase applies from 4 June and the company has said the price is part of its programme to supply “value over volume” and to set “realistic cement prices. In January the company carried out a 10-12 per cent increase in prices for both bagged and bulk cement as well as raising prices for read...

Cemex launches online store

08 June 2018, Published under Cement News

Cemex has launched the Construrama online store for construction materials to enable fast and simple order placement, according to a press release. “Cemex’s launch of the Construrama Online Store builds on our efforts to transform the construction industry into a more efficient model: Our clients will now enjoy easy access to a wider catalog of products and be able to select, purchase and follow up on their online order, generating significant savings in productivity for our Construrama ne...

Caribbean Cement signs two loan agreements with Cemex España

01 June 2018, Published under Cement News

Caribbean Cement Co Ltd has signed two loan agreements valued at US$102m with Cemex España, which will be used for the repurchase of assets at its Rockfort facility. The loans will be mainly used to acquire kiln five and mill five, according to The Gleaner. The assets will be acquired from the company’s immediate parent, Trinidad Cement Ltd. "The remainder, if any, will be used for general corporate purposes," said Caribbean Cement in a market filing. Cemex SAB de CV, parent of Cemex Espa...