Cement News tagged under: Central America
GCC reports strong 2Q21 results and prepares for expansion28 July 2021, Published under Cement NewsGCC reported a net sales increase of 18 per cent in the 2Q21 and a rise in EBITDA of 19 per cent. The company’s net financial expenses totalled US$10m during this accounting period. GCC reported cement volumes rising by 11 per cent in the 2Q21 compared to eight per cent in 2020. Concrete sales fell by 17 per cent compared to a six per cent rise in the 2Q20. Commenting on guidance for the remainder of 2021, Enrique Escalante, GCC’s CEO said: “ Starting in Mexico, we now expect GCC’s cem... |
Caribbean Cement Co 2 years accident free27 July 2021, Published under Cement NewsCemex-owned Caribbean Cement Co Ltd is marking two years free from accidents at its Rockfort plant in Kingston, Jamaica. The milestone was officially reached on 15 July and fell within the company's observation of Health and Safety Week between 12-16 July. "It's a good feeling to know that we can break production records but at the same time keep our people safe, so this is definitely a big achievement. In the last 10 years, we have not been able to accomplish such a feat but now that we... |
Rock Hard Distributors sees import restrictions claim dismissed22 July 2021, Published under Cement NewsThe judicial review claim brought by Trinidad and Tobago-based Rock Hard Distributors and St Lucia-based Rock Hard Distribution Ltd against the Ministry of Trade and Industry against the ministry’s steps to introduce a quota on imported cement and a proposal to increase import duties was dismissed by Justice Jacqueline Wilson. The claim sought to challenge the decision made by the ministry on 13 November 2020 introduce import quota from 1 January, allowing only a total of 75,000tpa for all... |
US Portland and blended cement demand up 19% in April19 July 2021, Published under Cement NewsPortland and blended cement shipments, including imports, in the USA and Puerto Rico, saw a 19 per cent YoY increase to 9.7Mt in April 2021, according to the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, who accounted for a combined share of 40 per cent of total shipments. The leading producing states were Missouri, Texas, California, Florida and Alabama. Masonry cement deliveries were up 13 per cent YoY to 220,000t. The... |
Cemento Rocafuerte opens Belize's first cement plant07 July 2021, Published under Cement NewsCemento Rocafuerto, a subsidiary of Guatemala-based Cemento Progreso, has opened Belize’s first cement plant at Mile 34 of the George Price Highway, near the capital Belmopan, in the presence of the country’s Prime Minister, John Briceño. The 10ha plant represents an investment of US$8m and provides employment to 28 Belizeans. The plant uses European technology that meets modern environmental and quality standards. Company CEO, Jose Raul Gonzalez, emphasised, “We are proudly now producing ... |
Modern milling in Mexico06 July 2021, Published under Cement NewsEncouraged by healthy construction demand and promising growth potential, two regional cement manufacturers have decided to invest in cement grinding facilities in Yucatán, Mexico. Both Cementos Fortaleza and Holcim México have entrusted Gebr Pfeiffer to deliver these facilities and the required capacity to satisfy immediate demand. By Rodney Pradet, Gebr Pfeiffer Americas, USA. Figure 1: illustration of a typical Gebr Pfeiffer ready2grind plant For some, thinking of the Yucatán... |
Can Mexico’s fiesta continue?05 July 2021, Published under Cement NewsDespite initial concerns that Mexican cement demand would see a sharp contraction in 2020 due to the COVID-19 pandemic, domestic consumption held up better than expected through the year. The early signs for 2021 are encouraging but, with a rollercoaster of expectations ahead, Credit Suisse asks how long can Mexico’s fiesta last? By Vanessa Quiroga, Credit Suisse, Mexico. Going forward, the picture for Mexican cement demand, exports and utilisation levels is promising. The outlook ... |
Holcim México inaugurates new Umán grinding unit24 June 2021, Published under Cement NewsLafargeHolcim subsidiary Holcim México saw the commissioning of its new 0.65Mta grinding plant in Umán, Yucatán. The Umán plant will be supplied with clinker from production facilities in Macuspana, Tabasco, and Orizaba, Veracruz. The plant represents an investment of more than US$40m and will be able to supply key infrastructure projects such as the Mayan Train and the Dos Bocas Refinery as well as supply cement in the construction of bridges, roads and housing. “It is one of the most m... |
Cement sales in Dominican Republic decline 5% in 202022 June 2021, Published under Cement NewsCement sales in the Dominican Republic fell by five per cent to 4,446,706t in 2020 from 4,703,347t in 2019, according to the country’s cement association, Adocem, in its newly-published 2020 annual report. Cement production declined 8.4 per cent to 5,168,969t in 2020 from 5,644,176t in the previous year. This represents a capacity utilisation rate of 74.6 per cent, down from 81.5 per cent in 2019. Of the country’s total output, 11.8 per cent was exported. While the country was impacted b... |
Cement sales in Puerto Rico up 12% in May21 June 2021, Published under Cement NewsIn May 2021 cement sales in Puerto Rico increased 12 per cent YoY to 59,266t, according to the country’s Economic Development Bank. In the first 11 months of the FY21 639,566t of cement were sold. This represents an advance of 39.2 per cent when compared to 460,487t sold in the 11MFY20, as well as the highest volume since 2014. In 2020 sales in the Puerto Rican market rose 2.8 per cent YoY to 588,400t. |