Cement News tagged under: Cemex
Egyptian court accepts Assiut appeal21 January 2014, Published under Cement NewsAn Egyptian court has accepted an appeal by Assiut Cement, overruling a decision to annul an agreement under which Cemex acquired a controlling stake in the Egyptian unit. The case has now been referred to an administrative court, a Cemex official has said. In 1999, Cemex bought a controlling stake in Assiut Cement from Egypt’s state-owned Metallurgical Industries Holding Co as part of the government's wider privatisation drive at the time. Two former Assiut employees, who were among wo... |
Cemex responds to CC report15 January 2014, Published under Cement NewsCemex has responded to the Competition Commission’s (CC) final report into the aggregates, ready-mix concrete and cement market in Great Britain, saying that the CC’s conclusion that there is insufficient competition in the cement market is “incorrect and therefore the remedies are disproportionate to the alleged harm which is itself unproven.” The watchdog criticised current cement market conditions in the country, where Lafarge Tarmac, Cemex and Hanson are the three largest producers. ... |
February restart for flood-hit Ferriby works, UK10 January 2014, Published under Cement NewsProduction at Cemex’s South Ferriby works is set to resume in February – two months after the site was forced to close due to floods. A tidal surge on 5 December 2013 caused the River Humber to burst its banks, sending flood water throughout the village. The South Ferriby works, which stands a few hundred yards from the Humber, was one of the worse hit areas, swamped by millions of litres of water. Cemex has been committed to getting the 0.75Mta plant up and running again as soon as possi... |
EC rejects request by Germany to review deal07 January 2014, Published under Cement NewsThe European Commission (EC) has rejected a request from Germany to refer the planned acquisition of Cemex West by Holcim to the German competition authority for assessment under national competition law. The EC concluded that the geographic scope of the affected cement markets is wider than national and that therefore the Commission cannot refer the assessment of the transaction to Germany. The commission has until 31 March 2014 to take a final decision. In the proposed transaction Holc... |
Cemex launches water management policy10 December 2013, Published under Cement NewsCemex announced today that it is implementing a Corporate Water Policy that defines its global strategy for responsible water management and acts as a framework for the development of local water conservation and efficiency strategies across its operations worldwide. The policy recognises the important role that the building materials industry plays in the sustainable management of this finite resource. “Cemex is fully committed to carrying out our business activities in a sustainable ma... |
Cemex signs US$500m IT outsourcing services agreement06 December 2013, Published under Cement NewsCemex announced it has reached a multi-year strategic partnership with Neoris to provide long-term IT outsourcing services to Cemex around the globe. The agreement covers several projects over the course of the next 10 years and is valued at approximately US$500m. As part of the agreement, Neoris will provide IT services such as software engineering, application development and technology deployments for multiple projects employing its best-in-class global delivery model. The agreement enh... |
Cemex seeks to enhance alternative fuels usage at Kosmos plant, USA02 December 2013, Published under Cement NewsCemex’s Kosmos Cement is seeking permission to add to the types of alternative fuels used at the plant in Louisville, Kentucky. The cement producer is looking to burn refuse-derived fuel (RDF), in addition to the scrap tyres it already burns at the cement plant as an alternative fuel to coal and petcoke, according to reports in the local press. The change 80,000tpa of material from local landfills, Sara Engdahl, director of communications for Cemex USA in Houston, told the Courier-Journal. ... |
Cemex quarries win European biodiversity awards29 November 2013, Published under Cement NewsTwo Cemex quarries, Rugeley in the UK and Soto Pajares in Spain, have been recognised for their outstanding contributions to biodiversity at the European Aggregates Association (UEPG) awards in Brussels. Rugeley Quarry in Cannock Chase, West Midlands received a Recognition of Achievement for its significant restoration work and excellent habitat management activities. Soto Pajares Quarry in the Province of Madrid, Spain won the Special Award for Biodiversity for its outstanding actions rel... |
Cemex starts construction of Nicaragua grinding plant26 November 2013, Published under Cement NewsCemex is expected to start construction on a new grinding and packing unit in Nicaragua. The new plant represents an investment of US$50m and will be implemented in two stages. Carmen Reyes Garcia, president of Nicaragua’s Compañía Nacional Productora de Cemento (CNPC), and Andrés Jiménez Uribe, country director for Cemex Nicaragua, recently signed an agreement by which the government authorises the Mexican company to build and operate the new unit outside CNPC’s cement works in San Rafael... |
Cemex Latam opens new grinding unit in Colombia22 November 2013, Published under Cement NewsCemex Latam Holdings inaugurated a new cement grinding plant in Clemencia in Bolivar, Colombia. Output from the 0.45Mta works is expected to supply projects in the Caribbean coastal area. The plant, which will produce three types of cement (for general purposes, for structural use and for use in marine environments), is located on a 10ha site. "Our vision is to promote the development of Colombia with building solutions that generate welfare people. The country must increase its cement... |