Cement News tagged under: Central America

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Central America sees dramatic rise in Vietnamese cement imports

08 April 2021, Published under Cement News

Central American cement imports have grown the most in recent years from Vietnam, given that in 2016 no significant purchases were reported, Vietnam raised its share to 30 per cent of the total cement imported between January and September 2020. During the first nine months of 2020, Turkey accounted for 18 per cent of cement imports to the region, Mexico eight per cent, Barbados four per cent, South Korea two per cent,  Peru one per cent, Colombia one per cent and the United States one per...

Cuban cement exports fall 40% in 2020

01 April 2021, Published under Cement News

Despite domestic shortages, Cuba exported 21,235t of cement at a value of US$1.04m in 2020, representing a 39.7 per cent drop YoY, according to Periodico Cubano. In 2019 the country exported 35,224t of cement with a value of US$1.885m – most of the product was shipped to Colombia.  In terms of export prices to Colombia, prices have been declining from US$53.50/t in 2019 to US$49/t. The Cuban national statistics office (ONEI) reported that the unit value of cement exports was US$38.70/t in ...

Cemex recognises Construrama Women

30 March 2021, Published under Cement News

Cemex has recognised female leadership in Mujer Construrama (Construrama Women), an event organised by Cemex Mexico. Construrama is the largest retail building materials distribution network on Mexico with 2100 stores and these stores are 30 per cent lead by women. This year, 320 women who are part of the network participated virtually in conferences and workshops by several business experts, female business owners, company executives, among other speakers. Cemex is a signatory of t...

Cemex plans expansion of Puerto de San José plant

26 March 2021, Published under Cement News

Cemex SA plans to invest close to US$16m in the expansion of its cement plant in Puerto de San José, department of Escuintla, Guatemala. Cemex Guatemala has submitted the environmental impact study (EIA) to the Ministry of Environment to develop the  project called "Arizona plant capacity expansion". The project will be developed on a section of land within the company's facilities, which has a 1633m 2  occupancy area, a construction area of 1325m 2  and a land area of 51,764m 2 , represe...

Grupo Cementos de Chihuahua becomes GCC

25 March 2021, Published under Cement News

Mexico-based cement producer Grupo Cementos de Chihuahua has formally approved its name change to GCC at an Extraordinary General Meeting on 23 March 2021. Luis Carlos Arias, GCC’s CFO, said: “We changed the name to GCC to better reflect our 2025 vision: to be the best cement company in North America with the proper balance of people, profit and the planet. It unifies our brand in multiple countries, mirrors the stock ticker and reflects how the market best knows us.” Luis Carlos added, “I ...

Caribbean Cement reports 13% increase in revenue

03 March 2021, Published under Cement News

Jamaica's Caribbean Cement Co has reported a 13 per cent YoY increase in revenue to JMD20.1bn (US$132.94m) in 2020. The rise in revenue has been attributed to stronger domestic demand. The company also saw earnings before taxation of JMD4.4bn, up JMD2.7bn on that achieved in 2019. "We continue to operate in an environment of significant uncertainty. Our strategy will focus to effectively manage the variables under our control, providing to our customers an excellent service and high-qualit...

Cement imports into Mexico from Turkey and China surge in 11M20

26 February 2021, Published under Cement News

Imports of cement into Mexico from Turkey and China increased by 88 and 150 per cent, respectively, in the January-November 2020 period, reports Market Data México. Turkey imported cement to the value of US$2m while China’s imports reached US$1m, the same value as Croatia and The Netherlands. However, the USA remains the largest cement importer with US$12m in the 11M20 although its imports into Mexico were down by 29 per cent YoY. Croatian cement imports into Mexico saw a drop of 35 per ...

Mexico's cement exports up 11% in 11M20

25 February 2021, Published under Cement News

Mexico's exports of cement advanced 11 per cent YoY in the 11M20, according to Market Data México. Exports rose from US$168m in the 11M19 to US$186m in the 11M20. The main destination for Mexican cement exports was the USA, which reported sales of US$141m, followed by Guatemala, which bought cement to a value of US$10m. Exports to Belize accounted for a further US$8m while Mexican cement producers sold cement to the value of US$5m.  When compared with the equivalent period of the previou...

El Salvador market contracts 8% in 10M20

15 February 2021, Published under Cement News

Apparent cement consumption in El Salvador in the January-October 2020 period declined 8.3 per cent to 25,558,640 bags of 42.5kg, or 1.086Mt, according to the country’s construction chamber, CASALCO. In the equivalent period of 2019, apparent consumption reached 27,881,320 bags or 1.185Mt. The ex-works price of cement remained stable in December 2020 at US$7.57/42.5kg bag but at retail level the price for bagged cement edged up 1.2 per cent YoY and 0.2 per cent MoM to US$8.41/bag

Cementos Argos wins the silver medal in the sustainability marathon

09 February 2021, Published under Cement News

Thanks to its good social, environmental, and corporate governance practices, Argos, Grupo Argos’ cement company, received the Silver Class distinction in the RobecoSAM Sustainability Yearbook 2021, for having been included in the Dow Jones Sustainability Index.     "Being included for the eighth year in the RobecoSAM Sustainability Yearbook encourages us to maintain our high sustainability standards and allows us to continue improving every day so that we can continue contributing to the...