Cement News tagged under: Central America
Cemex to trial solar cement plant01 October 2020, Published under Cement NewsCemex and Synhelion SA have developed a groundbreaking technology designed to fully decarbonise the cement manufacturing process based on solar energy. The new approach is based on replacing the use of fossil fuels in cement plants with high-temperature solar heat, and capturing 100 per cent of the carbon emissions, enabling cement manufacturing to achieve net-zero level. This is made possible by the unprecedented temperature levels of solar heat provided by Synhelion's technology and it... |
Cemex has decarbonisation roadmap validated by Carbon Trust30 September 2020, Published under Cement NewsCemex announces that the Carbon Trust has validated its roadmap to decarbonise global operations in line with the Sectoral Decarbonisation Approach (SDA) 2-degree scenario (2DS) developed by the International Energy Agency (IEA). The validated roadmap would enable the company to achieve a 35 per cent reduction of net carbon emissions by 2030. The validation scope included Cemex’s worldwide cement operations, with a detailed analysis of plants expected to contribute at least 80 per cent ... |
Elementia commissions Yucatan plant28 September 2020, Published under Cement NewsMexico's Cementos Fortaleza ( Elementia) inaugurated its new grinding plant in Yucatan last Friday, together with the governor of Yucatan, Mauricio Vila Dosal , the mayor of Progreso, Julián Zacarías Curi , and the Secretariat of Economic Development and Work, Ernesto Herrera Novel. The grinding station will have a cement production capacity of 250,000tpa and during the first stage of construction generated about 300 direct and 450 indirect jobs. |
Cemex included in the Fortune 2020 Change the World list22 September 2020, Published under Cement NewsCemex SAB de CV has been again included in the "Fortune 2020 Change the World" list, which highlights companies around the world that have generated a social impact through activities that are part of their business strategy. This is the third time that Cemex has received this distinction. Fortune recognised Cemex's efforts in social impact business models. One of the initiatives was the rapid deployment of solutions to meet the current challenges caused by the COVID- 19 pandem... |
Cementos Fortaleza inaugurates Progreso plant21 September 2020, Published under Cement NewsElementia-owned Cementos Fortaleza inaugurated its new US$25m cement plant in Progreso, Yucatan, Mexico. Yucatan state governor, Mauricio Vila Dosal, and Elementia CEO, Jaime Rocha Font attended the ceremony. The production facility has a capacity of 0.25Mta and incorporates state-of-the-art technology. It will complement the company’s current coverage of the Mexican market and is in line with its present expansion strategy. At the end of 2019, Elementia’s cement operations held a market... |
Cemex Ventures to work with Carbon Clean on affordable carbon capture18 September 2020, Published under Cement NewsCemex Ventures (Cemex group) has signed an agreement with Carbon Clean, a leader in low-cost modular carbon dioxide capture and separation technology, aimed at developing a carbon capture solution for the cement industry that lies below the line of US$30/t cost of CO 2 captured. The ambitious target of making carbon capture technology accessible and more efficient would be an unprecedented achievement for the cement sector, opening a door of opportunities for further developments, claims ... |
Caribbean Cement may resume exports soon18 September 2020, Published under Cement NewsJamaica-based Caribbean Cement Co Ltd is awaiting the right conditions to resume cement exports. The Rockfort plant has excess capacity, despite sustained local demand for cement even during the pandemic. "Export is something we will be considering, but it will always come behind the local market, which we prioritise," said General Manager, Yago Castro. "The good thing is that we have some production capacity surplus, so, eventually, if the local market allows us, then we can allocate diff... |
Puerto Rican cement sales up 24% in August15 September 2020, Published under Cement NewsCement sales in Puerto Rico increased 24.4 per cent to 59,295t in August 2020 when compared with August 2019, according to data provided by Cemex Puerto Rico and Argos San Juan Corp to the Instituto de Estadisticas of Puerto Rico. Output fell 14.9 per cent to 38,551t in August when compared with the year-ago period, as compiled by the country’s Banco de Desarrollo Económico. In the year to date, 364,839t of cement was dispatched, down 6.1 per cent YoY. Cement production declined 11.6 per... |
Cemex announces plans for a US$1bn bond issue15 September 2020, Published under Cement NewsCemex has announced plans to issue US$1bn in senior notes to raise funds for general operations, including paying off debt, according to Reuters. The bonds will have a coupon of 5.2 per cent and mature in September 2030, the company said in a filing to the country’s stock exchange. The offer will close on 17 September. Fitch Ratings has assigned the secured notes a rating of ‘BB-’. |
Cemex commences 'Operation Resilience'11 September 2020, Published under Cement NewsCemex has outlined its 'Operation Resilience' programme, its business strategy from 2020-23 on a risk-adjusted basis. The company announced a need to focus on its core US and European markets as well as in metropolises where market demand is growing. Fernando A González, Cemex's CEO, said the company will look to grow the profitability of the business through cost reductions and optimising the portfolio through divestments while redeploying its assets in new investments in its core busines... |