Cement News tagged under: Central America
GCC reports 7% EBITDA increase in 202201 February 2023, Published under Cement NewsGrupo Cementos de Chihuahua (GCC) reported net sales of US$289.7m in the October-December 2022 period, representing an increase of 12.3 per cent when compared with the 4Q21, according to the company’s filing to the Mexican stock exchange, BMV. It also posted EBITDA of US$91.3m in 4Q22, up 12.7 per cent YoY. Net profit increased by 70.4 per cent to US$51.3m in the 4Q22 when compared with the 4Q21. The cement producer attributed the increase to a rise in cement and concrete prices of 16.2... |
US Portland and blended cement shipments up 4% in 11M2230 January 2023, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico slipped to 9.3Mt in November 2022 when compared with November 2021, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Ohio and Georgia, which accounted together for 35.9 per cent of total shipments in the month. The leading producing states for Portland and blended cement were Missouri, Texas, California, Michigan and Florida, which ... |
Puerto Rican cement sales decline 7% in 202225 January 2023, Published under Cement NewsCement sales in Puerto Rico fell by 6.8 per cent YoY in 2022 to 14.5m bags of 42.6kg, or 618,247t, according to the Puerto Rican Statistics Institute. It is the first decline since 2019. In 2021 cement sales reached their peak since eight years. However, in June they started to fall and this trend was maintained until December 2022, when they decreased by 3.4 per cent. Cement production advanced 11.6 per cent YoY in 2022 to 8.3m bags, or 353,893t. It is the first increase in four years. ... |
CEMEX launches Bio-sourced admixture range16 January 2023, Published under Cement NewsCEMEX has launched of a new range of bio-sourced admixtures designed for a reduced carbon footprint. These admixtures use natural, renewable and locally-sourced raw materials and may achieve a carbon footprint up to 70 per cent lower than traditional oil-based admixtures. Thanks to a unique production process, CEMEX’s admixtures are the first in the building materials industry to deliver these attributes while utilising bio-based raw materials, claims the company. The new range of admixtu... |
US market expands in October 202212 January 2023, Published under Cement NewsShipments of Portland and blended cement, including imports, in the USA and Puerto Rico increased by 8.8 per cent YoY to 10.7Mt in October 2022, according to the US Geological Survey (USGS). The top five cement-consuming states were Texas, California, Florida, Illinois and Ohio. They received 36.5 per cent of October shipments.The leading producing states were Missouri, Texas, California, Michigan and Florida – they accounted for 39.1 per cent of cement produced. Masonry cement shipments t... |
Puerto Rican cement sales continue decline in Oct-Nov period05 January 2023, Published under Cement NewsCement sales in Puerto Rico declined 3.6 per cent YoY in October 2022 to 1.17m bags of 42.6kg, or 49,842t, according to the country’s Statistics Institute. In November 2022 sales dropped 11.5 per cent YoY to 1.1m bags, or 46,860t. In 2021 Puerto Rican cement sales totalled 15.6m bags (664,560t), up 12.5 per cent YoY and the highest annual sales since 2013. Cement production Domestic cement production decreased by 10.1 per cent to 653,900 bags (27,856t) in October 2022 when compared wit... |
Nearshoring is leading to Mexican demand growth05 January 2023, Published under Cement NewsThe growing development of industrial properties due to nearshoring is leading to a rise in Mexico’s cement demand of approximately 10 per cent, particularly in the north of the country. The focus of demand is reported to centre on the Ciudad Juárez, Chihuahua. "In segments such as the construction of warehouses, industrial and commercial parks, in Mexico due to all the nearshoring activity we are seeing an increase in this segment of around 10 per cent this year," according to GCC’s gene... |
Sancti Spíritus cement plant restarts02 January 2023, Published under Cement NewsAfter a seven-month hiatus, the Siguaney cement plant, in Sancti Spíritus, Cuba, has restarted production. The repair of its kiln with imported refractory bricks, has now been completed. The recommissioning of the kiln at Siguaney has enabled the production of clinker, key in supplying the local market with cement and opening up possibilities for supply across a wider area and eventually, cement exports. However, for now, there is a cement shortage despite growing emigration. In 2022 build... |
Synhelion receives new funding for solar fuel technology16 December 2022, Published under Cement NewsSolar fuel specialist Synhelion has raised CHF22m (US$23.7m) in another successful financing round. The funds were primarily provided by existing investors, including CEMEX and CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, as well as selected new strategic investors. The proceeds of the investment round will accelerate Synhelion’s growth and support the scaling and commercialisation of its unique technology. Synhelion’s existing and new investors are worl... |
Cement and clinker imports into US increase 43% in September as market expands12 December 2022, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico increased by 5.7 per cent YoY to 10.3Mt in September 2022, according to the US Geological Survey (USGS). The top five cement-consuming states were Texas, California, Florida, Illinois and Ohio, which together accounted for 36.5 per cent of total cement consumption in the US in September. The leading Portland and blended cement-producing states in September were Texas, Missouri, California, Michiga... |