Cement News tagged under: Central America
Puerto Rican cement sales down 3% MoM23 November 2020, Published under Cement NewsThe Puerto Rican cement market contracted 3.1 per cent to 58,328t in October 2020 when compared with the previous month, according to the country’s statistics institute. The decrease has been attributed to the holidays and the rain. “At Christmas the sale of concrete is always affected. Once February arrives, the industry begins to stabilise again. It's a very natural trend in the industry, ” Elvin Figueroa, president of the Puerto Rican Concrete Association (APC) explained. Cement produc... |
Cementos Argos recognised as a world reference in sustainability16 November 2020, Published under Cement NewsFor the eighth consecutive year, Cementos Argos, was recognised by the Dow Jones Sustainability Index (DJSI) as one of the world's leading companies in the construction materials sector for its good practices in economic, environmental and social matters. "At Cementos Argos we are very excited and satisfied with this result which today makes us a world reference and demonstrates the commitment of all our employees to closing gaps and implementing good practices in social, environmenta... |
Cementos Argos' EBITDA grows 10% in 3Q2013 November 2020, Published under Cement NewsArgos (Grupo Argos) delivered satisfactory results during the third quarter, amid the COVID-19 pandemic. The company reported an improvement in EBITDA despite the impact on volumes mainly caused by hurricanes and heavy rains in the USA. During the period, consolidated shipments of cement and concrete registered a decrease of 8.4 per cent and 19.5 per cent, respectively, and of 12.7 per cent and 16.5 per cent compared to 3Q19. This decline was offset thanks to the successful execution of ... |
Trinidad Cement appoints new CEO10 November 2020, Published under Cement NewsTrinidad Cement Ltd (TCL) has appointed Francisco Aguilera Mendoza as its new CEO, effective from 1 December 2020. Mr Mendoza, who was appointed to the board in 2014, currently serves as deputy chairman and will also continue in that role. The new CEO is also the vice president of Trading Americas and Group Shipping for Cemex and is thereby responsible for the trading of cement and clinker in the Americas, including in the Caribbean. Seijo Gonzalez, CEO of TCL since May 2015, is expect... |
Cemex and Carbon Upcycling to increase industrial waste use04 November 2020, Published under Cement NewsCemex SAB de CV has signed an agreement with Carbon Upcycling Technologies to improve processing of residue or byproducts from industrial processes and to capture CO 2 to produce nanomaterials and low-CO 2 concretes. Cemex Ventures will work with Carbon Upcycling Technologies to increase the 3Mta of industrial residue that Cemex uses for cement and concrete additions, and therefore reduce the volumes being sent to landfill. The initiative will increase the reactivity of industria... |
Algeria exports to Dominican Republic03 November 2020, Published under Cement NewsAlgeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has exported some 550,000t of clinker since the start of the year to African and South American countries, including Senegal, Côte d’Ivoire, Guinea, Peru and Brazil, according to GICA. |
GCC reports a 7% decline in net sales30 October 2020, Published under Cement NewsMexico’s Grupo Cementos de Chihuahua (GCC) reported a 6.8 per cent YoY decline in consolidated net sales to US$281.1m for the third quarter of 2020, compared with US$301.7m in the 3Q19. The fall was primarily due to decreased cement volumes in the US, concrete volumes in Mexico and the depreciation of the Mexican peso, according to its earnings report. However, it was partially offset by higher cement volumes in Mexico and a favourable price environment in both markets. Consolidated net sa... |
Cemex Latam Holdings records net sales decline of 8% in 3Q2029 October 2020, Published under Cement NewsCemex Latam Holdings announced that its consolidated net sales declined by eight per cent in 3Q20 and EBITDA improved by 19 per cent compared to 3Q19. A controlling interest net loss of US$109m was recorded during the 3Q20. Operating EBITDA in Colombia reached US$28m, 59 per cent higher on a like-to-like basis compared to 3Q19. Net sales rose by one per cent to US$115m on a like-to-like basis compared to 3Q19. In Panama operating EBITDA reached US$1m up 54 per cent compared with 3Q19. ... |
Cemex exported 9% of Mexican output in 201926 October 2020, Published under Cement NewsCemex exported nine per cent of its Mexican cement sales in 2019. according to CE NAFTA 2.0. The company’s data show that 67 per cent of exports were delivered to US customers while the remaining 33 per cent were shipped to other Latin American countries. Exports were mainly in the form of cement although the company also shipped some clinker. |
New Cuban facility begins production of green cement22 October 2020, Published under Cement NewsAfter several months of tests, a new plant installed at the Marta Abreu University in Las Villas, Cuba, has begun the production of low-carbon cement (LC3). The main components of the cement are clinker, calcined clay, limestone and gypsum. At present, the plant produces around 4tpd of LC3, but production is expected to double once the new facility is fully operational. |